industry trends Posts

Lessons on Commercial Lending from "Home Alone 2: Lost In New York"

Posted on December 20, 2024 by Mitch Woods

The McCallister family heads out of town for the second year in a row in "Home Alone 2: Lost In New York," and are headed to Miami to celebrate Christmas. The night before the trip, Kevin causes a commotion at...

Carving Out a Niche: Strategies for Success in Business Lending

Posted on December 9, 2024 by Baker Hill

One of the biggest challenges in successful small business lending is identifying and reaching the right customers. A smart way to achieve this is by carving out a niche. Every market is unique, so community banks must evaluate demographics...

Takeaways from the FDIC's Small Business Lending Survey

Posted on December 2, 2024 by Baker Hill

Headlines often focus on the Fortune 500, but small businesses account for 46% of private sector employment and 43% of gross domestic product, according to the FDIC’s Small Business Lending Survey (SBLS) . Banks play a crucial role in serving...

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...