Banc of California promoted several senior executives effective, while Lynn Sullivan will retire as the company’s executive vice president and chief risk officer at the end of the year. read more
Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries. www.abfjournal.com
Creating compliant, scalable automation within any industry is a challenge. However, three emerging technologies on a path of rapid growth in the digital era could soon be the solution, especially within equipment finance. The equipment finance sector in North America... read more
The typical underwriting process is far from perfect. It is characterized by manual work and subjectivity, and the process is very prone to human error. To improve this, many lenders have adopted credit scoring models, which is a great start.... read more