While AI excels as a tool to make certain processes more efficient and effective, it is not a substitute for experience and judgment. As a lender, relationships with the borrower and the integrity and quality of their management should continue to be important factors along with the financial data when...
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When a shareholder dispute arose between stakeholders of a steel fabricator/erector company, the senior lender engaged MCA Financial to verify the company’s collateral. Within a short timeframe, MCA needed to authenticate the physical plant, accounting, and finances of the company – prior to the lender advancing additional funds for payroll...
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