Despite new pushes toward digital transformations, many financial institutions continue to use manual lending processes that add costs, create delays, and make their staff work harder than they must, according to a 2021 survey by Abrigo. With nearly 250 respondents, this survey highlights some of the key challenges that lending and credit teams face with commercial or business lending.

Download for benchmarks and insights into:

  • Commercial loan turnaround time
  • Biggest obstacles for lending teams
  • SBA lending plans after PPP
  • Progress with digital lending transformation plans

Looking for Banker’s Toolbox? You are in the Right Place!

Banker’s Toolbox is now Abrigo, giving you a single source for all your enterprise risk management needs. Use the login button here, or the link in the top navigation, to log in to Banker’s Toolbox Community Online.

Make yourself at home!