In the last post on 'Fear and Greed', I suggested you help your business borrowers 'stress test' their business. This takes a page from the practice of stress testing your loan portfolio.Lender's Online Library Unless
Our economy goes in cycles. If this is your first economic down-turn as a business lender, some perspective as to how to do business 'not-as-usual' might help.I really like the title of this blog post,
In Gerald Dent's April 2008 RMA letter (he is the RMA chair and EVP of Credit Administration of Zions Bancorporation) he continued with his lesson on 'Fundamentals'.See this post about the first 'B', Be timely.Be
Has the weak holiday retail season, rising unemployment, the credit crunch, the cost of gas, the increasing cost of health care, (fill in the blank) challenging some of your business borrowers? Here are 5 tips
Here are 15 questions you might pass along to some of your mid-size business borrowers. This is how Certified Fraud Examiners size up a company's vulnerability from the 2007 edition of the Fraud Examiners Manual.
Another interesting tidbit from the October 2007 issue of CFO Magazine. U.S. CFOs were asked their biggest workforce worries. Of those who ranked the following items in their top three, here are the percentages: Cost
As I was reading the Millionaire Women Next Door by Thomas J. Stanley, PhD I was saddened. A bit of background: I was the second woman auditor ever hired for both the Washington State Department
One of my tax return analysis clients requires all loan officers in training to read the book: The Millionaire Next Door by Thomas J Stanley, PhD. I completely agree. We are all human and it
The Small Business Association (SBA) has a lot of good information at the Small Business Planning section of their website and here are two ways to use it:Your own learning curve. For business lenders, learning
One way to be a resource to your business borrowers is to understand the risks they face and point them in the right direction for assistance. In their Global Fraud Report, Kroll and The Economist
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