Improving your loan portfolio is crucial to ensure a healthy and profitable lending business. As your loan portfolio represents a …
HOW TO IMPROVE YOUR LOAN PORTFOLIO: 10 STRATEGIES FOR LENDERS
Improving your loan portfolio is crucial to ensure a healthy and profitable lending business. As your loan portfolio represents a …
STREAMLINING LOAN SERVICING OPERATIONS: 7 KEY STEPS FOR SUCCESS
Loan servicing operations are a critical aspect of the financial industry, and in an ever-evolving landscape, lenders face the challenge …
LENDING RISK ANALYSIS DURING A FINANCIAL CRISIS: WHY TECHNOLOGY IS ESSENTIAL
High inflation not seen in decades, rising interest rates, continuing supply chain issues from China’s zero COVID policy, and the …
HOW TO SELECT THE BEST LOAN SOFTWARE FOR CREDIT UNIONS
Credit unions are gaining market share in the US auto lending sector, according to a December 2021 article published in …
AUTO LENDER WITH UNIQUE MARKET FOCUS THRIVES IN AN ECONOMIC DOWNTURN
The year 2020 was challenging for nearly every industry, and the automotive industry was no exception. Disrupted supply chains, assembly …
WHY THE MANAGED SERVICING BPO VALUE PROPOSITION MATTERS MORE THAN EVER FOR AUTO LENDERS
A growing number of auto lenders are seriously evaluating managed servicing (business process outsourcing (BPO) services for lease and loan …
LOAN OUTSOURCING: BUSINESS PROCESS OPTIMIZATION FOR AUTO LENDERS
Every auto lender strives for greater efficiency and lower operating costs. Throughout the lending cycle, there are dozens of opportunities …
WHEN CHOOSING A THIRD-PARTY BPO OR MANAGED SERVICING PROVIDER, LOOK FOR INDUSTRY EXPERIENCE
Business process outsourcing has been widely adopted across all industries, from the simple outsourcing of activities, such as accounts receivable, …
YOUR CALL CENTER OUTSOURCING COMPARISON GUIDE FOR FINCOS AND AUTO LENDERS
Many fincos and lenders who specialize in the auto industry have realized that the management of a call center is …
