Commercial Loan Default Risk Prevention & Mitigation by iCREDIT
An end to commercial loan default risk requires a quantum shift from mitigation to the proactive prevention approach.
Default risk management for commercial loans owing to commercial real estate properties, projects and other B2B lending and investing requires more than the traditional mitigation. Mitigation is cold comfort. When default occurs the risk is the horse has already left the barn and may never be found. Default risk prevention is the proactive route and iCREDIT illustrates perfectly how an ounce of prevention is worth pounds of cure. Our proactive approach addresses the most common (and painfully telling) sources of loss severity risk:
- Reporting Failures.
- Market & Business Intelligence Failures.
- Execution Risk Failures.
- Fraud, Embezzlement & Other Forms of Funds Diversion.
- Bloated G&A Budget Failures.
- Vendor Dispute Litigation.
- Mechanic’s Liens.
- Invoice Phishing Scams.
iCREDIT is affordable, proactive and the subscription system provides real-time information, including our exclusive robo audit trail system that audits 100% of the chart of accounts with every transaction event. The result is a whole new set of up-to-date financial statements that provide transparency and fingertip access on the pulse of the business. All of these benefits come for as little as $1,000 a month and the increased profit opportunity iCREDIT creates on Day 1 pays for itself many times over. Find out how we do it and what we can do for your business. Contact us today and enroll your business in iCREDIT.