In our crowded, hyper-competitive market, a well-run credit card issuing program can be a high-return growth engine for banks.

Once considered the financing method of last resort, especially for distressed companies, asset-based lending has emerged as a structure of choice for companies of all sizes across a wide range of industries.

As long as the bank responds appropriately to garnishment paperwork, the bank’s security interest in the deposit account will defeat any interest asserted by a judgment creditor. Why is that the case?

Uncertainty seems to be the only constant on the economic horizon these days. Despite benign risk metrics across the country’s credit portfolios, there is an almost industry-wide sentiment that credit stress looms ahead. According to the Risk Management Association (RMA)’s Annual Community Bank Survey, 84% of community bankers indicated that

The pandemic created a unique confluence of events that affected the lending market.