CDFA EDA Revolving Loan Fund Webinar Series: Best Practices in Revolving Loan Fund Marketing
Staffing a Revolving Loan Fund requires a team of financial specialists and dedicated sources of revenue. In one approach – best for funds issuing a higher volume of loans – each team member is responsible for a different stage of the lending process. An alternative approach assigns each loan to an individual who monitors it from beginning to end. Revenue sources can be diverse, but generally staff are supported by the interest charged on loans. Listen as Jennifer Hibbard, Robyn Jacobson and Michelle Beecher discuss strategies for developing RLF staff and implementing effective management policies.
To view presentation (without audio) click here.
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