Tag: Financial Statement Spreading

The word ‘data’ is tossed around a lot today, but it’s no trend. Data is the lifeblood of commerce, and its importance in commercial banking cannot be underestimated.

FlashSpread is transforming the commercial lending and fintech industries. Lenders and financial analysts used to drown in a sea of financial data stored in paper documents.

Learn more about this amazing software and how it can help your SBA  loan process.

Here is what easy software integration looks like in the context of financial spreading for commercial lending and why it matters.

How can underwriters leverage automated solutions without changing their recipe? By integrating no-code reporting into their workflow.

Explore how digital solutions, like FlashSpread, provide a multilayered approach that reduces lending fraud for financial institutions of all sizes.

Credit analysis and default risk calculations are leveraging the speed and accuracy of spreading with automation.

Spreading tax returns is a necessary but painstaking process for commercial lenders.

With solutions such as FlashSpread, commercial lenders can enjoy improved efficiency and all of the benefits that stem from such improvements. 

As 2022 gains momentum, it’s a good time to assess the trends that will dominate and transform the commercial banking space in 2022. It will come as no surprise that much of the innovation we will see today and in the near future will be driven by advanced, digital technologies. 

Commercial lenders are increasingly squeezed by market expectations of fast lending decisions. This customer expectation crunch causes many commercial lenders to rush through their underwriting process, which results in more errors and poor lending decisions.

Commercial lending focuses on assessing the creditworthiness of businesses to determine if issuing a loan is in the best interest of the bank. Many commercial lenders continue to use manual, paper-based loan approval processes. As a result, their decision times are slow and errors are often present.