Commercial Loan Underwriting Decision to Close Cycle Time

Benchmarking Report

Commercial Loan Underwriting Decision to Close Cycle Time

This PDF report includes benchmarking data (in a visual, chart-based format), an comprehensive KPI definition, characteristics of high performers and technical details on measuring Commercial Loan Underwriting Decision to Close Cycle Time. Purchase and download this easy-to-understand, presentation-ready report immediately to compare performance levels, set attainable performance targets, and push towards best-in-class performance for this KPI.


What is Commercial Loan Underwriting Decision to Close Cycle Time?

The number of calendar days required to close and fund a commercial loan after the underwriting decision has been made, from the time the adjudication decision is made until when the loan has been closed and funded.

Why should Commercial Loan Underwriting Decision to Close Cycle Time be measured?

Commercial Loan Underwriting Decision to Close Cycle Time measures the number of calendar days required to close and fund a commercial loan after the underwriting decision has been made, from the time of the adjudication to the time that the loan is closed and funded. This is an important measure in understanding the performance of Loan Support Employees in coordinating origination efforts with loan officers and how this correlates with customer expectations. Extended cycle times can occur due to multiple, redundant or low value touch points within the process, inconsistent use of process guides or training materials, and unclear communication between loan support, loan officers and borrowers.


Download a Sample Commercial Loan Underwriting Decision to Close Cycle Time

Frequently Asked Questions

Q: How do you collect and validate your data?

A: From real-world consulting engagements with Fortune 500 leaders. We’ve spent 25 years conducting original research and anonymizing data from our engagements with top companies around the world. Every single data point we collect is scrutinized by our analysts to conform to established baselines and our rigorous in-house validation process. We won’t serve it up to you unless it meets our tough standards for utility and value.

Q: How much information will my Benchmarking Report contain?

A: Enough to produce a useful benchmark. And rest assured that it’s all current, validated, and useful. We only include data that’s been collected in the last five years. And while sample sizes vary by KPI, the average is 25, and the high end can surpass 1,000.

Q: How often do you update your reports?

A: Every year. We’re constantly gathering, scouring, and processing new data. We update our reports based on trends our analysts detect in the data, as well as the demand from our consulting clients and customers like you.

Q: Your download-able reports look great. But I need something custom. Can you help?

A: Heck yes. Our crack research teams just love custom assignments, and would be delighted to perform targeted research tailored to your specific requirements. Find out just how fast and affordable this is: Email us (info@opsdog.com) or call us at 866.650.2888 and one of our friendly professionals will be happy to answer all your questions.

Have a question? Call: 844-650-2888 Email: info@opsdog.com