Collaboration has always been the hallmark of the credit union movement. From pooling capital to serving communities overlooked by traditional banks to advocating for cooperative principles on the national stage, credit unions thrive when they work together. That same cooperative spirit is driving one of the most important growth frontiers today: business lending. Business lending…

A Business Case for BB-360® – Volume II By Pat True, Lendovative Technologies, Inc. Recent data from the OCC as well as bankrate.com indicates that 43% of small-to-medium sized businesses (SMB’s) seeking financing applied for a business line of credit, and the most common use of lines of credit is to support working capital needs.…

A Better Way to Support SMB Cash Flow – Introducing BB-360® By Pat True, Lendovative Technologies, Inc. Within the first two years of operation, the first significant financing need a business often requires is a revolving credit line. These facilities help the business management team even out the cash flow cycles that can result from…

Credit unions have built their reputation on trust, accessibility, and a deep commitment to the communities they serve. Traditionally focused on consumer banking, offering services like savings accounts, car loans, and personal credit, they’ve long been a financial haven for individuals and families seeking a more personal touch than what big banks provide. But as…

Making loans is easy. Managing a commercial loan portfolio is infinitely harder and more complex. This truism is the perfect starting point for a review of the credit union commercial lending market. Many of us have lived through both rock bottom interest rates and rapidly expanding portfolios, with loan delinquency rates near zero and minimal…