Posts by Brian Allen

Optimizing Short-term Loans’ Interest Rates to Balance Profitability & Borrower Appeal
Read Time: 7 mins

Optimizing Short-term Loans’ Interest Rates to Balance Profitability...

Should lenders prioritize profitability over borrower affordability—or is there a middle ground? I’ve seen many short-term lenders wrestle with this...

Non-Recourse vs. Recourse Commercial Loans: Which Type Yields Higher Profit for Lenders?
Read Time: 10 mins

Non-Recourse vs. Recourse Commercial Loans: Which Type Yields...

As a commercial lender, you’re often faced with the decision of structuring loans as recourse or nonrecourse. While both options...

Mitigate Default Risk in Commercial Lending with Real-Time Asset Monitoring
Read Time: 4 mins

Mitigate Default Risk in Commercial Lending with Real-Time...

I remember the days when commercial lenders relied solely on periodic financial statements and the occasional site visit to gauge...

Minimizing Operational Costs in Private Mortgage Lending with Bryt Software 
Read Time: 6 mins

Minimizing Operational Costs in Private Mortgage Lending with...

Let's face it: the private mortgage lending industry isn't exactly known for its sleek efficiency. A mountain of paperwork, endless...

Mortgage Lending CRM Implementation: Timeline, Costs, and Best Practices
Read Time: 8 mins

Mortgage Lending CRM Implementation: Timeline, Costs, and Best...

Mortgage lending can be a juggling act of communication, deadlines, and mountains of paperwork. Missed calls, frustrated borrowers, and inefficient...

Debt Recovery Strategies for Private Lenders to Reduce Default Rates
Read Time: 8 mins

Debt Recovery Strategies for Private Lenders to Reduce...

Let's face it: chasing down unpaid loans isn't exactly thrilling. As a private lender, you know the importance of recovering...

How Manual NBFC Loan Management Processes Can Be Optimized with Automation
Read Time: 10 mins

How Manual NBFC Loan Management Processes Can Be...

Non-banking financial Institutions' (NBFCs) loan processes are as intricate as bank loan processes. When you approve and disburse the loan...

7 Strategic Approaches to Managing Defaults in CDFI Small Business Lending
Read Time: 9 mins

7 Strategic Approaches to Managing Defaults in CDFI...

Community Development Financial Institutions (CDFIs) are the backbone of economic opportunity in underserved communities. By providing small businesses with access...

Top 10 Reasons for Banks to Invest in Automated Lending Technology
Read Time: 8 mins

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...

Understanding the Role of Promissory Notes in Loans and Their Effective Use
Read Time: 11 mins

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...

The Best Practices for Late Payment Notice Reminders: A Comprehensive Guide
Read Time: 7 mins

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...

7 Expert Strategies for Maximizing Returns Through Loan Portfolio Optimization
Read Time: 12 mins

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...

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