7 Strategic Approaches to Managing Defaults in CDFI Small Business Lending

Brian Allen
Jun 4, 2024
9 mins read
7 Strategic Approaches to Managing Defaults in CDFI Small Business Lending
How to Leverage CDFI Lending Guidelines to Optimize Loan Management
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How to Leverage CDFI Lending Guidelines to Optimize...

Community Development Financial Institutions (CDFIs) are vital in fostering economic growth in underserved communities. I have closely observed their work...

Top 10 Reasons for Banks to Invest in Automated Lending Technology
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Top 10 Reasons for Banks to Invest in...

Traditional bank lending processes are slow, paper-heavy, and frustrating for both borrowers and lenders. The manual workflow is also prone...

Top Terminologies in Periodic Loan Statements to Understand Your Financial Transactions
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Top Terminologies in Periodic Loan Statements to Understand...

Periodic loan statements are crucial tools for borrowers to manage their loans effectively. These statements provide a detailed overview of...

Understanding the Role of Promissory Notes in Loans and Their Effective Use
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Understanding the Role of Promissory Notes in Loans...

Promissory notes play a crucial role in the world of loans, serving as legally binding documents that outline the terms...

Strategic Approaches to Effective Escrow Calculations for Lenders
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Strategic Approaches to Effective Escrow Calculations for Lenders

Imagine a world where escrow calculations are a breeze, not a nail-biting guessing game. A world where surpluses and shortages...

The Best Practices for Late Payment Notice Reminders: A Comprehensive Guide
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The Best Practices for Late Payment Notice Reminders:...

Late payments can be a challenging aspect of managing loan repayments, especially for small businesses, entrepreneurs, and financial institutions. Understanding...

A Comprehensive Guide to Loan Management System Workflows
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A Comprehensive Guide to Loan Management System Workflows

The success of lending institutions is now based on offering the best rates or the most attractive terms. You need...

7 Expert Tips for Meeting Escrow Analysis Requirements for Financial Transparency
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7 Expert Tips for Meeting Escrow Analysis Requirements...

As lenders, you will often find borrowers getting in touch with you about a change in monthly escrow payments after...

An Ultimate Guide to Customize Loan Documents for Different Types of Loans
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An Ultimate Guide to Customize Loan Documents for...

In lending, one size does not fit all. Different types of loans have unique requirements, and the documents associated with...

7 Expert Strategies for Maximizing Returns Through Loan Portfolio Optimization
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7 Expert Strategies for Maximizing Returns Through Loan...

As a lender, you already know that navigating the delicate balance between risk and return requires a strategic approach. This...

21 Escrow Loan FAQs: Addressing Common Borrower Inquiries
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21 Escrow Loan FAQs: Addressing Common Borrower Inquiries

The term ‘escrow loan’ is familiar to many borrowers, but few understand it completely. This lack of understanding can complicate...

How Automation Can Simplify the Annual 1099 & 1098 Reporting Process for Lenders
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How Automation Can Simplify the Annual 1099 &...

Annual 1099 & 1098 reporting might not sound like the most thrilling task, but for lenders, it's a crucial part...

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