The latest from Heather Bosenko

Oct 26, 2020 - by Heather Bosenko, Lucro Commercial Solutions

Small business lending will lead pandemic recovery

Small and mid-size business loans have quickly become a core pillar for our current economic recovery, yet over the last decade many institutions have largely ignored the overall lending experience ...

Sep 24, 2020 - by Heather Bosenko, Lucro Commercial Solutions

Refi business loans in a flash

Much of the recent economic change has landed within the responsibilities of business service teams around the country. Everything from loan modifications to stimulus loans and an extra high demand ...

Aug 24, 2020 - by Heather Bosenko, Lucro Commercial Solutions

Upgrade your business lending

It’s no secret that applying for a business loan is intimidating for many small business owners. Borrowers don’t always know how to get started or what the process ...

Jul 24, 2020 - by Heather Bosenko, Lucro Commercial Solutions

PPP forgiveness: Choosing the best covered period

For borrowers with a potential loan payment looming, it can be tempting to rush into the PPP loan forgiveness process, but making sure your members know how to choose the ...

Jul 1, 2020 - by Heather Bosenko, Lucro Commercial Solutions

Prepare for PPP forgiveness

Over the last few months, many lenders stepped up to assist with providing financial relief to thousands of small businesses when the economy began to feel the impacts of COVID-19. ...

May 21, 2020 - by Heather Bosenko, Lucro Commercial Solutions

The importance of choosing agile partners and vendors

Over the last few months, everyone in the credit union industry has needed to look at their role and make changes. From tellers to executives, every person on your team ...

Apr 14, 2020 - by Heather Bosenko, Lucro Commercial Solutions

Sometimes we need a little distance to see the big picture of business lending

Over the last few years, borrowers have begun to prefer online loan processes purely for the convenience. According to the 2019 Federal Reserve Small Business Credit Survey online lenders experienced ...