It's too soon to know whether the pilot program introduced by Adams National Bank — loan officers» making «house calls» to
prospective business borrowers and processing credit applications on laptops — will prove to be an enlightened solution to that chronic problem.
The bank is experimenting with a program that sends loan officers, laptops in hand, to visit
prospective business borrowers.
Not exact matches
Prospective borrowers should beware that lines of credit often employ more complicated application processes than a
business credit card.
The CFSA seal provides
prospective borrowers with a simple way to determine whether a lender upholds responsible
business practices.
Credit reporting is a
business, not a law or the result of legislation empowering creditors and lenders to check up on you as a
prospective customer or
borrower.
If a
prospective borrower's
business is performing well (i.e. is profitable), then there's a better chance that their money will be put to good use and be repaid.
SKILLS AND COMPETENCIES • Proven ability to run bank's credit approval department smoothly • Skilled in
prospective loan analysis and establishing
borrower's worthiness • Knowledge of credit modeling, deposits and credit products • Ability to come up with result oriented financial
business solutions • Adept at constant economic and market status monitoring
Strategically developed and cultivated
business relationships with new and current realtors, builders, and
borrowers to promote continuous
business, while interviewing and pre-qualifying
prospective borrowers.
Cordray said predictions that the CFPB's regulation of the mortgage industry would backfire did not come true, pointing to the Qualified Mortgage rule, which requires lenders to make sure
prospective borrowers are in a position to repay a mortgage before closing the loan, as an example of how the agency has succeeded in its efforts to tame the lending
business in the wake of the financial crisis.