SPILLED MILK: TROUBLES BUBBLE UP AT CAR WASH

4 Missteps Caused Loss

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Learn from Others’ Mistakes. Download this “Spilled Milk” Article.

The lender in this "Spilled Milk" article thought that his credit to a car wash operator was clean. The borrower had the financial wherewithal to repay the loan and had proven himself successful in the car wash business in another state. But this borrower—and, subsequently, his bank—quickly ran into trouble.

 

Learn about 4 elements of lending that this banker should have remembered.

 

The advice in this article could keep you out of similar hot water.

 

Focus on Credit Risk

Credit risk is a critical area in today's banking environment. Download this article for tips on how minimize losses in your credit portfolio.

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