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THE NEW ERA OF CONSUMER LENDING In today ’ s rapidly evolving financial landscape, the significant increase in consumer lending presents new challenges for financialinstitutions, particularly in managing collections. INTRODUCING QCR ACCELERATOR The QCR Accelerator is a collections solution developed by QUALCO.
Managing loan portfolios becomes a labyrinth for financialinstitutions in a financial ecosystem marked by unrelenting complexity and constant change. Consequently, financialinstitutions operate within an economy marked by contraction and sustained inflationary pressures.
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Small business loans are generally unsecured, so they are a bit riskier for financialinstitutions, but secured loans can provide confidence to lenders that may otherwise decline an application. Businesses need collateral for secured loans, which can come in different forms: Asset-backed loans. Commercial property loans.
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