You’ve navigated another year of challenging markets; congratulations! Now, how will you do even better in 2017?
Data, data, data. You have it, but now what? Financial institutions are being bombarded with the need for data in order to be in compliance once the Allowance for Loan and Lease Losses (ALLL) regulatory changes using the Current Expected Credit Loss (CECL) model comes into effect.
Marketplace lending for small businesses is a hot topic. Private equity is dropping dollars galore in companies like Lending Club and Prosper. Articles are portraying the “Uber-ization” of lending. Is this the end of small business lending by banks as we know it?