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Navigating the commercial credit approval process can be overwhelming, leading to delays and miscommunication. This guide helps you establish an effective workflow for the Loan Assistant, benefiting both lending staff and clients. As a vital member of the commercial team, you play a crucial role in managing credit risk.
Focus on collecting initial information, organizing analysis, conducting quick pre-qualifications, and ensuring smooth closings. Remember, your role continues post-closing, where you can help minimize potential losses for the bank. With the right tools, you can streamline decision-making for client requests while supporting the lending staff effectively.
Learning Objectives
Recorded on Nov. 14, 2024.