industry trends Posts

Have Questions About the Small Business Lending Rule? We Have the Answers.

Posted on October 28, 2024 by Baker Hill

The Small Business Lending Rule (SBLR), also known as the section 1071 rule, is a significant development in the financial industry aimed at improving transparency and fairness in small business lending. That’s why we sat down with several of...

Business Lending is Ripe for Disruption. Is Your Bank Ready?

Posted on October 21, 2024 by Baker Hill

Traditional lending involves plenty of paperwork and long approval times, delaying loan approval anywhere from several days to several weeks. These delays push borrowers to lenders – not all of them financial institutions – that can approve and fund credit...

Lessons from America’s Top Commercial Lenders

Posted on September 9, 2024 by Baker Hill

The current environment is very challenging for commercial lenders. Even with higher interest rates, a weak office market and inflation, there are still good business opportunities for forward-thinking commercial bankers that follow these proven strategies, which we’ll cover in today’s...

Business Banking Outlook is Positive: What this Means for SMB Lending

Posted on September 2, 2024 by Baker Hill

Business owners have an optimistic outlook for the remainder of 2024, according to the BAI 2024 Small Business Banking Outlook report . “Businesses have fared better than consumers in the post-pandemic inflationary environment,” noted BAI research director Mark Riddle...

Why It’s Time to Ditch Excel for Risk Management

Posted on July 29, 2024 by Baker Hill

Spreadsheet software like Excel is helpful for a multitude of use cases, especially in the world of finance. In fact, a recent study by Wolters Kluwer revealed that 85% of bank respondents report using spreadsheets and other manual processes to...

Risk & Growth: Two Sides of the Same Coin

Posted on June 14, 2024 by Baker Hill

In a recent article in the Financial Brand, Dr. Wendy Smith, the Dana J. Johnson Professor of Business, faculty director and co-founder of the Women’s Leadership Initiative at the University of Delaware advised banking leaders to steer between competing priorities...