"How to Enter the Commercial Lending Space"
6-Week Commercial Lending Bootcamp for Credit Union Leaders
Ultum Group is a Credit Union Service Organization (CUSO) that provides premiere end-to-end Commercial and SBA Lending services to financial institutions. Our goal is to give all financial institutions the opportunity to serve business members in their communities and across the country by providing products and services that exceed expectations.
Join us for a 6-week Bootcamp to learn about starting, building, and creating a successful commercial lending program.
Bootcamp Agenda
Learn about a new topic each week to build your commercial-lending knowledge.
This webinar series is being offered in partnership with the Minnesota Credit Union Network.
Week 1
October 19, 2022 @ 10-11 AM
(Recording available through November 1, 2022)
Overview of the industry landscape and the benefits of commercial lending for credit unions and community banks.
Discuss industry trends and the basics of a commercial lending department to determine if it's right for your organization.
Week 3
November 9, 2022 @ 10-11 AM
How to create and sell your new commercial offerings.
Discuss various types of commercial loans, creating loans, and more.
Week 5
November 30, 2022 @ 10-11 AM
Building your process: Closing loans
Continuing the discussion around building your process. Review loan closings, collateral requirements, and an overview of doc prep.
Week 2
November 2, 2022 @ 10-11 AM
Laying the groundwork: creating a commercial credit policy.
Review regulations, requirements, best practices, and more.
Week 4
November 16, 2022 @ 10-11 AM
Building your process: Overview and Underwriting
Identify a workflow and resources to accomplish it. Review business development and credit underwriting.
Week 6
December 7, 2022 @ 10-11 AM
Managing your portfolio
Learn about managing your portfolio with loan ticklers, financial reviews, Annual Reviews Servicing and modification requests, and more to set your program up for success.
Our Mission
To provide premiere end-to-end Commercial and SBA lending services to financial institutions.
Diversify your loan portfolio
Save time and money
Customize your lending capabilities