Building a Commercial Lending Department is a huge investment. Langley Commercial Lending Services will help you do it right.
Underwriting
Langley Commercial Lending Services has a team of knowledgeable experts with combined experience to underwrite multiple types of SBA, commercial, and small business loans.
Loan Documentation
Langley Commercial Lending Services' trained staff will walk you through the entire process using our LaserPro documentation system. With Langley Commercial Lending Services, your credit union does not have to buy loan documentation software – we do all of the work to your specifications, so your time and cost is minimized.
Annual Reviews
Langley Commercial Lending Services' annual reviews include an analysis of the current financial and credit information for the borrower(s) and guarantor(s). Our risk monitoring team will:
- Review recent tax returns, personal financial statements, and credit reports
- Prepare financial spreads
- Summarize key strengths and weaknesses of the loan
- Recommend a risk rating based on lending guidelines and key metrics
- Make additional recommendations as appropriate for the situation
Appraisal Reviews
Appraisal reviews are a necessary step in the underwriting process to ensure that the appraisal is accurate and compliant.
Servicing
As your loan servicer, Langley Commercial Lending Services will:
- Use a commercial lending platform to book and service all types of commercial loans
- Serve as a backroom servicer, processing and communicating with credit unions
- Summarize key strengths and weaknesses of the loan
- Recommend a risk rating based on lending guidelines and key metrics
- Make additional recommendations as appropriate for the situation
- Provide monthly reporting
Problem Loan Services
Langley Commercial Lending Services can help with past due loan situations. If caught early, these problem situations can easily be remedied through being proactive to re-work the loan and make the needed changes to assist with the cash flow.
