Star Mountain Capital的动态

In business, building strong relationships is key. While your focus is on creating a positive bond with your clients, a credit controller does the same with your debtors. Both connections are crucial and need to be strong, positive, and professional. Even though the relationships with clients and debtors differ in focus and goals, they are equally important. Investing in credit control is investing in the overall health and success of your business relationships. Hiring a dedicated credit controller or credit control team, whether internally or externally, can actually boost these business relationships. Yes, you read that right – it can BOOST them! KS Credit Control Limited #creditcontrol #debt #businessrelationships

In the realm of underwriting and business development, I have honed invaluable skills in high-risk merchant services. These proficiencies set me apart, making the approval process smoother for the accounts I manage compared to my colleagues. Understanding the nuances of financial institutions and cultivating strong relationships are crucial aspects that many overlook. To excel in securing approvals, a comprehensive understanding of the entire account journey is paramount. #Underwriting #BusinessDevelopment #HighRiskMerchantServices

As NMI's Director of Compliance and Risk, I get a lot of questions about merchant underwriting and risk management. For instance, what’s the best way to underwrite merchants? How do you keep bad actors from slipping through the cracks? Are AI-powered automated solutions reliable? Traditional underwriting has had its share of bad press — from long wait times and avoidable errors, to costs associated with hiring a large team. In NMI’s newest blog, I decided to take a deeper look at these topics. Take a look at the full article here: https://lnkd.in/gjvscs-t? #Fintech #Underwriting #AISolutions

What Does a Credit and Collections Do? The job duties of a credit and collections involve overseeing credit and collections operations for a company or organization. In this career, your responsibilities include running credit checks on each customer, client, or vendor to assess the risk involved in a loan, credit, or other financial agreement. You establish metrics for evaluating risk, and you maintain documentation for each of the accounts under your management. You also set limits on the amount of credit. If a customer builds too much debt, the credit and collections manager initiates collections proceedings. You also ensure quality customer service and approve reimbursement when necessary. #accountreceivables #creditmanagement #riskmanagement #collections

Here's why our services are unparalleled: ?? Dedicated Full-Time Credit Analysts and Account Managers We believe in a hands-on approach. That's why we allocate you dedicated, full-time Credit Analysts and Account Managers. You get a committed team that's solely focused on your success. ?? Deep Industry Expertise Our value proposition is rooted in experience. Our founders have a combined experience of over 60 years in the Australian financial sector. We understand the intricacies of Australian lending like no other. ?? Top-Notch Credit Training Our commitment to excellence shines through our top-notch credit training program. We prioritise credit assessment as a core focus. Your team is equipped with the skills and knowledge to make informed decisions. ?? Rigorous Recruitment Process We believe that the best people produce the best results. Our recruitment process is stringent, ensuring that only the finest talents make it to your team. ?? Bespoke Customer Onboarding Journey We understand that one size does not fit all. Our bespoke customer onboarding journey ensures that your team is tailor-picked for you. We match skills, values and personality profile for a perfect partnership. With Stellar Staffing, you're not just outsourcing; you're gaining a strategic partner dedicated to enhancing your success. Let us streamline your journey, boost efficiency, and potentially double your income. #StellarStaffing #OutsourcingPartner #CreditAnalysis #AustralianFinance #TailoredSolutions #ExcellenceInService

?? Bridging Sales Experience to Commercial Credit Underwriting ?? Reflecting on my journey from sales to commercial credit underwriting, I've come to appreciate how each role complements the other, enhancing my ability to assess risk and support business growth. Here's how: ?? Understanding Client Needs: My sales background honed my ability to listen attentively and understand clients' unique financial requirements. This skill is invaluable in crafting tailored credit solutions. ?? Analyzing Financial Data: In sales, I learned to interpret financial statements and assess business performance. Now, as a commercial credit underwriter, this knowledge helps me conduct thorough financial analyses to evaluate creditworthiness. ?? Building Relationships: Sales taught me the importance of building strong relationships. As an underwriter, these connections enable me to collaborate effectively with clients, brokers, and stakeholders to mitigate risks. ?? Driving Business Success: Leveraging my sales experience, I focus not only on mitigating risks but also on supporting business growth initiatives. Understanding the client's business goals allows me to structure credit solutions that align with their strategic objectives. ?? Excited to continue leveraging my diverse background to deliver value and foster lasting partnerships in commercial credit underwriting. Let's connect to explore how we can drive success together! #CommercialCreditUnderwriting #SalesExperience #RiskAssessment #FinancialAnalysis #BusinessGrowth #RelationshipBuilding #Networking

Credit Control should be a core service available to your clients and not a backend or afterthought. We understand there might many good reasons for that. This may be down to Insufficient time, month / year end deadlines taking priority or a shortage of industry trained staff to execute the job efficiently. But, if you are going to advertise Credit Control as a service, then you need to back this up by providing your client with a first-class service delivered by experienced credit controllers. ???????? ???? for more information on our outsourced credit control services. ??0141 212 6288 www.curovirtual.com #finance #business #accountants

Your Ops Team is Your Secret Weapon. Loan Officers, here’s some real talk: Your success isn’t just about getting clients—it’s about delivering an experience that keeps them coming back. And guess who’s behind that experience? Your ops team. ?? ?? Stop treating them like the “fixers” of last-minute issues. ? Start seeing them as your strategic partners in delivering a smooth process for your clients. On average, we’re closing loans in the broker channel in just 17 days. That kind of speed and efficiency only happens when your ops team is working at their best. Want to close more deals and create raving fans? Respect and collaborate with your underwriters, processors, and closers from day one. Communication and teamwork win deals. Here’s the reality: Clients don’t care about the blame game, they care about solutions. When a problem arises, work with your team, not against them. Show leadership. Own the problem. Over-communicate the solution. That’s how you level up as an LO. #Teamwork #MortgageLeadership #LoanOfficerSuccess #ClientExperience #BrokerChannel #17DayClosings #BrokersAreBetter

Tomorrow! ?? We're excited to host a valuable webinar, "Hire & Recruit with Confidence" featuring James Brody, Esq., Senior Partner with Garris Horn LLP. Some of the great topics that attendees can expect to learn about, include but are in no way limited to: How companies can equip themselves with certain tools and protocols that protect them during both onboarding and offboarding, ensuring loan officers’ transitions are above board and compliant with legal and contractual obligations. Learn about the pros and cons of reviewing the employment contracts of incoming loan officers, in an effort to avoid potential legal challenges related to non-compete or non-solicitation clauses. Gain insights into best practices for conducting forensic analysis on company-owned devices to uncover potential misconduct, like sending proprietary information to competitors and causing potential data breach liability. Hear discussion on how companies can examine communications, emails, and data trails to detect improper solicitation or evidence of poaching both before and after top producing loan officers quit their employment to work with competitors. November 7th - 1pm EST Registration ?? below in the comments. #TMC #TMCFamily #TheMortgageCollaborative #ThePoweroftheNetwork #mortgage #creditunion #collaboration

OMG! I have seen enough already!!! Title Agents: Three things about which you should never post... 1) Local news (nobody cares!) 2) Your recent award from your underwriter (absolutely nobody cares!) 3) A picture of the couple coming out of your closing room after signing (really... nobody cares!!) You have so much great (but buried) content in your organization--just talk to your people processing and closing these transactions. Talk to your sales team on the front line and ask them too. There are diamonds to be found if you take the time. Please stop wasting your time (and everyone else's) on bad content. If you disagree, DM me. I can take it!