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It's midnight. Do you know where your loan portfolio is?
If there is one thing that keeps lenders and banking executives up at night, it might be this: Not knowing the credit quality of their loan portfolio. Are the three farm implement dealers who have loans with my bank tracking with the Midwestern ag economy? Are my loan files accurately assessing local market variables while comparing against current industry insights and financial standards? What happens to my portfolio if conditions get worse? Are loans to several local pharmacies performing well? Are the pharmacies' receivables or cash flows in line with national norms? More importantly, can I easily and quickly see how healthy my commercial and ag loan portfolio is? How well do my loans score? What's the grade? Enter FastGrade™. The fast, innovative loan grading, stress testing, lending compliance and reporting tool from Legosys Solutions. |