ESTABLISHING A SPECIAL ASSETS DEPARTMENT

In the ever-evolving landscape of banking, particularly for institutions with assets under $5 billion, the emergence of a Special Assets Collection Department has become a vital strategy in managing financial…

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BANK LOAN CHALLENGES: STRATEGIES FOR BUSINESS OWNERS

Imagine This Your relationship with your bank takes a serious turn when you receive notice that your company has been moved to its “Special Assets” department. This department, also known…

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