Jorge Olazagasti
How Independent Loan Reviews Can Mitigate Risk to Your Institution
Banks and financial institutions rely on the insight from independent loan reviewers to uncover potential risks embedded in their loan portfolios. As part of standard practice, financial institutions engage independent entities to review their loan portfolios, ensuring no undue risk may affect the Bank’s overall asset quality and capital composition. An independent review of the…
Mercadien Webinar Replay: Credit Risk Management During Uncertain Times
Jorge Olazagasti, MBA, Director & Melissa Correa, CRCM, Manager, of Mercadien’s Financial Institutions Services Group presented a webinar Credit Risk Management During Uncertain Times on Thursday, August 27th. During the webinar, they went over: The immediate impact of the pandemic on credit risk management Reviewing state specific lending initiatives How to monitor initiatives & delinquencies How…
SBA Awards $20 Million Contract to Mercadien JV for Risk Mgmt. of 504 Loans
The Mercadien Group is pleased to announce that its affiliate company, Kingstonville-Mercadien JV, LLC, has been awarded a five-year contract with the U.S. Small Business Administration (SBA) to provide risk-based review and risk oversight support services for the Certified Development Company (CDC)/504 Loan Program, administered through the Offices of Capital Access and Credit Risk Management.…
Mercadien Announces Executive Promotions; Names Ms. Raji Sathappan A Partner
The Mercadien Group is pleased to announce several promotions within the firm’s corporate leadership team. Ms. Raji Sathappan, CPA, MBA, CRCM, CAMS, a member of the Financial Institutions Services Group, is promoted to managing director of The Mercadien Group and principal in Mercadien, P.C., CPAs (the official titles of firm partners). Raji has been employed…
How Federal Government Shutdowns Affect SBA Lending
Nearly all of us were following the news headlines or stories about the recent federal government shutdown and wondering when it would be over. While the duration and visibility of this one may have reached new levels, shutdowns have happened before. Whenever a federal government shutdown occurs, the U.S. Small Business Administration (SBA) partially ceases…