Washington Trust Bank’s Post

Underwriting the 3 C’s: Character and Capacity - https://lnkd.in/eeUY7v_P Character refers to a contractor’s reputation and history. The surety is looking for clients that are of “good character.” Some of the tools used in the underwriting process include credit reports, references, and agency input. However, the best way a surety can assess a contractor’s character is through meetings and a long-term relationship. Capacity refers to the contractor’s ability to successfully perform its work and execute its contracts. Some of the tools used in the underwriting process include a review of the following items: Prior project experience, including largest completed contracts, types of jobs, and typical customers PP&E – equipment, machinery, and vehicles Personnel and organizational depth, with a focus on the management and leadership team Internal controls, processes, and procedures How a contractor mitigates its own risk Our next post will discuss the third “C”, Capital.

Make Your Credit Union a Place Talent Wants To Be. It's an easy thing to do when you work with PARC Street Partners to implement a SERP for the executives you don't wan't to lose. All of our plans are customized to each credit union and executive.

As we look back on 2023, there are some key lessons to be drawn from the sorry tales of We Work and Sam Bankman-Fried. https://lnkd.in/gt--CemS

" The biggest risk of all is not taking one." -Melody Hobson #lifestylerei #realestateeducation #realestateinvesting #realestateinvesting101 #realestateinvestorlifestyle #realestateinvestingeducation #mobilehomeinvesting #mobilehomeinvestingclass #howtobuymobilehomes

Another happy client, managing to secure a tailored commercial finance solution to meet the demands of their business. If you’re a UK business owner and would like to know more on how Sedulo Funding Solutions can ensure your business can achieve the same, get in touch!

Focusing on what you can’t control can be a form of avoidance. Instead, turn your attention to actionable matters. Wendy Cai-Lee, founder and CEO of Piermont Bank, shares more insightful lessons in this Art of Leading interview with The ExCo Group's Adam Bryant. 🔗 https://hubs.la/Q02rtWcC0 #FocusOnControllable #ActionableInsights #PersonalGrowth

Quality over quantity, old traditional ways management believed in a rep to be successful was through just quantity as a numbers game but when it comes to consultative sales methodology in tech and SAAS roles, its more about building the connection and relationship with the prospect, which results in better ROI than just dialing a list. So much can be done in one call to make it a quality conversation than just hammering a list. #sales #businessdevelopment #realtalk #facts #prospecting Alex Alleyne

Fraud in real estate is REAL. Check out our blog!

Krutham and Arena Holdings are proud to launch the 13th edition of the #TopPrivateBanksandWealthManagers survey. Rate the services of your private bank and wealth manager here: bit.ly/PBWM2024WinR10000

Have a new home? There are some important things you need to consider. Check out these 6 items for your new home's to-do list from the American Bankers Association Foundation: https://brev.is/oIito