CDFA EDA Revolving Loan Fund Webinar Series: Strategies for Addressing Non-Performance and Loan Defaults
Successful RLF programs always make every attempt to craft a good loan. Some businesses, though, will inevitably struggle to repay. How your fund handles loans and borrowers during this difficult period can help minimize losses and maximize recovery. As part of the CDFA EDA RLF Best Practices Program, this webinar highlighted a variety of corrective action strategies and proactive approaches that can successfully reduce defaults. Speakers on this webinar included Amanda Peterson with Colorado Lending Source, Michelle Beecher with Rural Nevada Development Corporation, and Rachel Baldini with First State Community Loan Fund.
To view presentation (without audio) click here.
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