Business Lending to Contractors

Business Lending to Contractors

By Nick Reynolds, Vice President/Credit Services Manager of CU Business Group, LLC The risks associated with business lending differ significantly from those associated with traditional consumer lending. While consumer information is still an important part of knowing your member, the types of risks associated with commercial loans tend to be more varied and wider in…

What is Holding Back the Development of Comprehensive Business Services in US Credit Unions?

What is Holding Back the Development of Comprehensive Business Services in US Credit Unions?

The credit union movement has experienced rapid growth across the United States in recent years. After the financial crisis of 2007-2008, US credit unions emerged more resolutely as trusted financial partners, able to maintain lending during…