Decipher Chosen as Preferred IFA Vendor

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Decipher Credit was selected as a preferred vendor for the International Factoring Association (IFA). The IFA is the leading organization representing factoring companies in the US and internationally. “We are excited to welcome Decipher into our preferred vendor program,” Bert Goldberg, executive director of the International Factoring Association, said. “We continue to grow the preferred vendor program with additional providers of high-quality services for our members.

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Economic Trends for Lenders: 2021 and Beyond

Key economic indicators predict unprecedented growth for the rest of 2021 and beyond. To add to this, an increase in small business lending demands, the rise in entrepreneurship and small businesses coupled with an increases in demand for digitalization look to create an unique climate for commercial lenders. Find out the key trends set to impact commercial lenders and how to best prepare for them and take advantage of the changing landscape.

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What to Factor in to Stay Competitive in Freight Factoring

The competition in the freight factoring market is accelerating at a rapid rate. The strong and growing freight factoring market is drawing in lenders hungry for opportunity. Fast new loan origination and underwriting software and key technology innovations are changing the game by allowing lenders to take on new clients in record time and meet client demands for speed. Find out how you can stay ahead of the competition and make the most of this growing market.

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How Technology is Flipping Fix and Flip

Technology innovations have changed the face of real estate lending. Traditional lenders have been working with outdated LOS and underwriting systems slowing down loan origination, underwriting, closing and onboarding. Modern tools are Flipping the Fix and Flip market. Lenders now have the ability to easily access credit scores, financial histories, and even criminal records all via one convenient cloud-based software. 

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Decipher Partners with Salesforce and Launches New App in AppExchange

Decipher Credit announced it partnership with Salesforce to bring its loan origination, underwriting and monitoring capabilities to the Salesforce AppExchange, empowering customers to originate, approve and close loans in record time. The partnership with Salesforce will enable commercial lenders to improve efficiency and grow revenues through further automation.

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Loan Underwriting: 4 Ways Credit Scoring May Undergo Profound Changes Due to the Coronavirus Pandemic

Credit scoring may be change as a result of the Coronavirus pandemic. Business loan underwriters should take special note of the changes possibly happening in credit scoring. Listen to the podcast, hear the latest concerns and ideas for ways credit scoring and reporting may be impacted.

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Decipher Enables All-Digital SBA PPP Lender Application and Automated Solution

SBA lenders have been working nonstop to help small businesses affected by COVID-19 get access to capital under the CARES Act signed into law last week for businesses via the Payroll Protection Program (PPP). Decipher's team has been working around the clock and has developed an all-digital SBA PPP lender application and complete automated solution to process and approve businesses quickly.

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Technology Proves Key for Lenders to Efficiently Continue Business Remotely

Technology with sophisticated automation and workflow tools are allowing lenders to efficiently continue funding business owners through this critical time and allowing team members to work seamlessly from anywhere and be on the same page. Business owners can access their portal anytime for easy and efficient funding requests.

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5 Types of Fraud in Factoring

While technology offers new and exciting ways to help factors work more efficiently, it also unleashes new methods to perpetuate fraud. Find out the most prevalent fraudulent methods in factoring, how they present, why they can be difficult to detect, and strategies to help avoid and catch them from the start.

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