The Last Frontier: Risks & Opportunities for Business Loans

Presenter: Bruce Hull, CliftonLarsonAllen LLP
Date: Thursday, December 6, 2012
Time: 2:00 - 3:30 pm Central

Focus:
Lending is more important than ever to the credit union’s bottom line.  With investment income shrinking, the need for loan interest income is of paramount importance.  However, today’s economic conditions and competition make new loan acquisition very difficult.  The resulting loan volume for consumer loans, vehicle loans, unsecured loans, line-of-credit loans and credit card loans may be lower than desired because consumers are in a “wait and see” mode. 

However, there is another lending horizon that is still relatively new and untouched by the credit union industry:  BUSINESS LENDING!  Business lending may be the last frontier because it is the loan product many credit unions have yet to explore.  But with great opportunity comes great risk.  Join us to learn more about business lending for your credit union.

What You Will Learn

  • Risks inherent in business lending
  • What is business lending? 
  • How do you decide whether business lending is right for your credit union?
  • Business lending due diligence requirements
  • Components required for a business lending program
  • The opportunities present in business lending for credit unions today
  • Types of business loans to consider
  • What makes a successful business lending program?
  • Techniques and tools to monitor and provide oversight for a business lending program
  • Rewards of a successful business lending program

Who Should Sign Up?
This informative session will be useful for CEOs, lending management, supervisory committee members, and board members.

About the Presenter:
Bruce Hull has more than 30 years’ lending experience.  His knowledge and ability to communicate have made him a sought-after speaker in the areas of lending, collections, and sales.  Bruce has served in several capacities, including:  the VP of lending for two large credit unions; the director of collections; a lender in two banks and a savings and loan; a lending professional with one of the nation’s top credit union audit firms; and an expert witness in loan fraud and bond claim cases.

Bruce has been a frequent presenter at conferences around the country for 20+ years, including NCUA seminars.  He attended the University of Nevada in Reno and earned a Retail Banking Diploma from the American Institute of Banking.

In This Section