Consistency and Oversight Critical in Financial Spreading

Consistency and Oversight Critical in Financial Spreading

By Nick Reynolds, Vice President/Credit Services Manager of CU Business Group, LLC The use of spreadsheets is standard practice in the analysis of any business loan.  Spreadsheets allow for the presentation of financial information in a consistent, standardized way within your credit union, so that all persons associated with the approval and review of loans…

Managing Risk After the Business Loan is Made

Managing Risk After the Business Loan is Made

By Larry Middleman, President/CEO, CU Business Group, LLC The business loan documents are signed and the funds distributed. That means your job is done, right? Wrong. Due diligence and risk management are crucial steps after the business loan is made. Proper risk monitoring over the life of the loan is essential to identifying potential problems…