Commercial lenders face the challenge of detecting tax fraud from businesses that apply for loans. Throughout history, many businesses have used illegal means to conceal the health of their business, and this not only costs the lenders but it also negatively affects the nation’s economy.The
Job candidates no longer can be tested for marijuana in New York City, per law by the New York City Commission on Human Rights. Passed in April 2019, the law is an amendment to the New York City Human Rights Law after mandatory pre-employment marijuana
How well do you know your employees? What verification checks do you have to confirm their backgrounds? When practicing due diligence, human resource managers countercheck the work and criminal records of all employees. These checks are vital, especially when employees’ past behavior can impact their
Customers are looking for loans from sellers who appear more approachable. You risk losing customers if you insist more on selling the product and ignore your customer’s feelings. Here are some tips towards achieving meaningful relationships with your prospects.Understand the Customer’s NeedsYou should be familiar
Checking your employee's driving record should be as routine as doing a background check when selecting the right candidate for your company. Just like background checks, an employee's driving record can change at any time after they have been recruited. This means any negative marks
When dealing with a single-member limited liability company (LLC), most lenders have questions about the entity’s tax consequences.Since a single-member LLC has one individual responsible for it, the concern is often justified due to being tied to the owner’s personal financial activity. Thankfully, understanding how
We are excited to begin our long term relationship. Visit the links below to view all the forms necessary for your screening program along with a description of each file. Please download, review in your own time, and save these files. Web User Guide - tutorial on
If you are hiring interns at your company, you may be wondering whether a background check is necessary. An intern will generally work for your company for a specific period of time to gain work experience and then move on to their next opportunity.For this
To be a successful loan officer, you must master the art of timing. For example, closing deals during the holidays can be almost impossible. Most leads postpone signing the contract until after the festivities. Second, getting your facts right regarding the interest rates, terms, and
