Microlending has been a high-touch, labor intensive endeavor, making it expensive and suppressing supply. Meanwhile, new internet-based technology is changing the microlending process, allowing for cost reduction, increased efficiency and volume. Adopting industry best practices in lending from CAMEO’s Micro Lending Academy can help you stay competitive.
- Micro Lending Academy: Lending Life Cycle and Technology June 15, 2016
We know that FinTech’s technology led to an explosion of online lending, much of it usurious. Across the country, CDFIs are building their own online platforms for quality community lending — including our own Robert Lopez, COO of Valley Economic Development Corporation in Los Angeles.
- Micro Lending Academy: Excellence in Lending Discussion August 27, 2015
CAMEO invites leaders and the big thinkers to a presentation from Opportunity Fund on their lending process. Their process — which does not use high tech algorithms nor online applications — led them to close 1,560 microloans this past year. The business model that allows such scale has elements that leaders in the CAMEO lending ...
- Micro Lending Academy: Advanced Balance Sheets July 8, 2015
Now that we all know what a balance sheet is and how it operates, what type of analysis can we do with it? In this webinar we will review some common balance sheet ratios used by lenders, but then move onto analysis that is useful for business owner management decisions.
- Micro Lending Academy: Balance Sheet Basics June 18, 2015
This webinar, the first of a two-part series, will be an introduction to Balance Sheets accounts, what they mean and how they work together. We have a fun exercise (you can use it in your classes!) that demonstrates how the Balance Sheet changes with each business transaction.
- Micro Lending Academy: Cash Flow Basics May 27, 2015
This webinar will help train your staff on projections and give you a format for teaching projections to your business clients. We’ll answer questions such as: What is a cash flow projection? Why does a business owner need one? How is it different than a P&L projection? We’ll provide a couple of sample spreadsheets to ...
- Micro Lending Academy: Loan Capital Projection Worksheet March 11, 2015
CAMEO has developed a tidy spreadsheet tool to project how much loan fund capital you will need based on loan volume, interest rate and loan loss. On this webinar you will receive a copy and see how it works. We’d like to get your feedback as well, to see if we’ve structured it to meet ...
- Micro Lending Academy: Credit Reports October 30, 2014
Always review a client’s credit report before sending her off to a lender. Learn how to assess the strength of your client’s past use of credit and help them address problems before applying for a loan.
- Micro Lending Academy: Global Cash Analysis October 16, 2014
While some microlenders are willing to lend based on projections, many look at current cash availability to determine debt service capacity. Susan Brown reviews how microlenders look at cash flow when assessing a borrower’s loan request.
- Micro Lending Academy: Profit and Loss Statements October 2, 2014
The Profit & Loss statement is a fundamental business management tool for your clients. What does a lender look for? Susan Brown shows how to view the P&L through a lender’s eyes to help you work more effectively to prepare clients for a loan application.