Voice Of Customer
Lenders agree that Outsourcing, where possible, makes sense...
"Underwriting talent is
very
difficult
and expensive to obtain in my market.”
“We are understaffed during peak
volume season and overstaffed in the
off season. We really need an overflow
valve.”
“Our credit staff is too heavily
influenced by the sales team. An unbiased,
independent review of the
portfolio would reduce unhealthy
internal friction.”
"We simply don’t have the
resources to
train and staff a separate credit
department. Our Loan Officers wear
multiple hats and it really stresses the
system when our pipelines are full.”
“We have a growing backlog
of
past
due credit servicing. Live deals are
more important and credit servicing
has always taken a back seat.”
Our team of seasoned credit professionals can support all of your commercial underwriting needs, including origination and renewals, as well as ongoing credit servicing. With Lenders Cooperative, you gain access to decades of C&I, CRE and SBA experience.
Technology
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Digital Document Storage with Client Portal.
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End-to-End Credit and Loan Origination System Transformation.
-
PPP Forgiveness Workflow Automation.
Staff Augmentation
-
Financial Statement Spreading (Business, Personal, Global Cash Flow, Borrowing Base).
-
Credit Servicing (Annual Reviews, Covenant Testing, Risk Rating Validations).
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Underwriting / Credit Analysis (New Money and/or Renewals).
-
PPP Forgiveness Validations.
Loan Review
-
Transaction testing
-
Targeted reviews
-
Special projects
OUTSOURCING
provides multiple benefits
Improved Risk Control
3rd party, independent Loan Review allows for objective reviews, reduces internal friction and ensures safety & soundness in the portfolio.
Eliminates backlogs
Provides overflow valve during peak volume periods and provides credit servicing support.
Cost Effective
Eliminates employee benefit expenses, occupancy costs, equipment and training expenses.
Optimizes capacity utilization
Allows organizations to improve operating leverage and design a more efficient credit process.
Reduces variability
Experienced team delivers consistent, predictable, high quality product.
Faster turn times
Well defined service level agreements result in improved and predictable turn times; this allows bankers to set better expectations with clients.
Why Work With Us?
ESTABLISED
PARTNERSHIP
Proven track record through the PPP Origination & Forgiveness delivery.
EXPERIENCE
Commercial Underwriting team has subject matter expertise in the Business Banking and Middle Market space, including both C&I and CRE (owner-occupied and income-producing).
CLIENT SERVICE
Ongoing service is a known quantity in the existing partnership; being relevant to the vendor is important.
FLEXIBILITY
Agile team works within your existing risk management framework and provides customized solutions based on the Financial Institution’s preferences.
PRODUCT & ADVISORY CAPABILITIES
Product suite includes technology and credit solutions, outsourced underwriting, portfolio management and credit review, as well as custom projects.
