Similar to identity theft, this type of fraud happens when an unauthorized individual gain access through online banking applications, capturing the account information to create and write bad checks.
An adverse action notice is a document sent to a loan applicant stating a bank’s rationale for denying a loan. It may also contain a counteroffer, such as a lesser amount or a request for an approved co-borrower.
The term “aging exceptions” refers to a group of critical exceptions that have not been resolved within a reasonable amount of time.
Altered check fraud occurs when a fraudster changes the amounts and Payee from a stolen check.
API is short for “application programming interface.” Technology companies like Alogent rely on APIs to connect multiple software applications, thereby enabling a two-way exchange of information to support users’ needs.
Audit and exam prep is a process that financial institutions go through in order to adequately prepare for upcoming audits and exams.
An authorized signer form is a document that allows an account holder to grant a range of clearance levels to individuals to perform certain functions within a bank account.

Commercial lender reports provide lenders with important information about a variety of topics, especially with regard to existing relationships and potential lending opportunities. A financial institution’s leaders, such as the Chief Lending Officer or VP of Commercial Lending, may also rely on similar reports to understand commercial lending effectiveness and general pipeline trends.

Examples of Commercial Lender Reports

Commercial lender reports vary depending on the financial institution’s operations and reporting requirements. That said, common examples may include:

Lending Opportunity Reports, such as a pipeline report that shows potential loans organized by value, status, type, lender, and other relevant details.

Relationship Reports, such as a report that shows lenders’ largest customers with loan commitments over $500,000.

Exception Reports, such as a report that surfaces any missing documentation from a customer’s loan file.

At-Risk Relationship Reports, such as a report that shows commercial customers who have recently made unusually large draws from their lines of credit.

Delinquent Loan Reports, such as a report that shows accounts that have fallen into delinquency during the past week.

Commercial Lender Activity Reports, such as a report used by management to track lenders’ calling and meeting volume over the past month

Commercial Lender Reporting Challenges

As with many other functions in banking, some financial institutions rely on spreadsheets or other manual processes to track important commercial lending information. Doing so may be feasible for small commercial lending teams; however, as the team grows, such methods may become unscalable due to:

Time-Consuming Workflows: Commercial lenders should be focused on helping businesses acquire the funding they need. Keying data into spreadsheets and emailing data files takes away time from lending activities.

Data Issues: Manually tracking commercial loan data can be error-prone and lead to unreliable insights for lenders and management.

Reporting Delays: Gathering data and generating commercial lender reports takes time—sometimes days or weeks. Data from last week may no longer be relevant, further eroding confidence in reporting accuracy.

Tracking commercial loan documentation and related data in a system like AccuAccount can streamline commercial lender reporting, especially when used in tandem with AccuApproval and our Dynamic Reporting module. Explore AccuAccount from Alogent.

Explore more resources

Alogent Shield+ Datasheet

Check fraud poses a significant challenge for financial institutions, leading to substantial costs and risks for account holders. As fraud tactics continue to evolve, banks and credit unions must be proactive in protecting their assets and maintaining account...
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Alogent Shield Datasheet

As check fraud becomes increasingly complex and costly for financial institutions, finding a universal solution is more challenging than ever. With rising threats across all deposit channels, no institution is safe—just one successful attack can lead to...
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