Duration: 66 minutes
Many credit unions have large portfolios of CRE that will be maturing in 2024. Some of these loans may already be struggling due to economic conditions, and the rapid increase in interest rates over the past year may further impact cash flow. Properly managing these loan maturities will be key to avoiding problems and potential losses in your commercial loan portfolio over the next few years.
In this webinar, CUBG’s Mike Smith shares strategies to manage these renewing loans in a prudent and proactive manner focused on cash flow, collateral value, and guarantors. We also discuss the opportunity to grow your portfolio by making loans to quality borrowers that are being forced to leave other lenders.
After the order is approved, you’ll receive an email with links to download the education materials. After you download, you will be able to save the files to your shared network and use the training for your credit union going forward.