@Schornack We recently rolled the AR process under credit risk (loan review) so the credit dept doesn’t really do them anymore unless credit action is necessary. DM me & I can discuss further about prior & current processes.
@Schornack To me the most efficient AR process is a short 1 or 2 pager memo on the credit that hits the high level metrics (DSCR of borrower, PFS/liquidity of guarantors & other metrics your bank cares about). Just looking for deterioration but not u/w’ing a complete memo on the borrower.
@SullyCNBC@PowerLunch@KellyCNBC @Colarusso42 Joe & Becky (and Andrew) in early mornings and now my two favorites joining forces for lunch. Giddy up!!