Our Services

Innovative Business Solutions is a full-service business services Credit Union Service Organization offering credit unions the full range of services consulting services or individual services as needed.

Our Services

Innovative Business Solutions is a full-service business services Credit Union Service Organization offering credit unions the full range of services consulting services or individual services as needed.

Consulting Services

Commercial Lending Start-Up

IBS works with your credit union from start-to-finish to create a member business loan program in your own institution. We thoroughly evaluate your market and help you every step of the way with hiring and training staff, writing commercial loan policy, and providing complete back-office support needed for managing and monitoring your member business loans. From accounting and reporting to loan underwriting and training of executives and key staff, IBS is your turnkey solution to reducing risk and maintaining compliance while providing your members with a valuable service.

Training Services

Financial analysis for executives  –  A broad overview of important criteria credit union boards and executives should be aware of when reviewing MBL requests.
Business Services Training –  Designed to provide employees with member contact information on the various business entity types, the documentation required for each, as well as the types of financial statements used in business lending and the types of loans offered by the credit union. 
Commercial Sales Training  –  Comprehensive training for business lending personnel and managers on developing relationships with the businesses targeted by the credit union.

Commercial Underwriting Services

Quick Loan Request Review

All MBL requests are visually reviewed within 24 hours without financial analysis to screen any requests that can quickly be eliminated from further consideration.

Full Financial Analysis

If the request is viable, IBS analyzes all financial data, the personal financial condition of guarantors and provides a full credit narrative with recommendations to the credit union in considerable detail. The loan decision then ultimately lies with the credit union.

Commercial Real Estate Appraisal and Environmental Due Diligence Ordering and Review

IBS provides a CRE appraisal and environmental due diligence service and reviews compliant with state and federal guidelines.

Commercial Loan Documentation

IBS utilizes Finastra LaserPro commercial loan documentation, the most widely used commercial loan software by financial institutions in the U.S. Its unique features expedite the process significantly.

Annual Review

After approval, IBS provides an annual loan review to ensure the maintenance of a financial condition is satisfactory to the credit union.

MBL loan manual

IBS provides assistance with developing an NCUA compliant Commercial loan/MBL policy manual and offers periodic reviews of the loan policy to ensure continued compliance

Consulting Services

Commercial Lending Start-Up

IBS works with your credit union from start-to-finish to create a member business loan program in your own institution. We thoroughly evaluate your market and help you every step of the way with hiring and training staff, writing loan policy, and providing complete back-office support needed for managing and monitoring your member business loans. From accounting and reporting to loan underwriting and training of executives and key staff, IBS is your turnkey solution to reducing risk and maintaining compliance while providing your members with a valuable service.

Training Services

Financial analysis for executives  –  A broad overview of important criteria credit union boards and executives should be aware of when reviewing MBL requests.
Business Services Training –  Designed to provide employees with member contact information on the various business entity types, the documentation required for each, as well as the types of financial statements used in business lending and the types of loans offered by the credit union. 
Commercial Sales Training  –  Comprehensive training for business lending personnel and managers on developing relationships with the businesses targeted by the credit union.

Commercial Underwriting Services

Quick Loan Request Review

All MBL requests are visually reviewed within 24 hours without financial analysis to screen any requests that can quickly be eliminated from further consideration.

Full Financial Analysis

If the request is viable, IBS analyzes all financial data, the personal financial condition of guarantors and provides a full credit narrative with recommendations to the credit union in considerable detail. The loan decision then ultimately lies with the credit union.

Commercial Real Estate Appraisal and Environmental Due Diligence Ordering and Review

IBS provides a CRE appraisal and environmental due diligence service and reviews compliant with state and federal guidelines.

Commercial Loan Documentation

IBS utilizes Finastra LaserPro commercial loan documentation, the most widely used commercial loan software by financial institutions in the U.S. Its unique features expedite the process significantly.

Annual Review

After approval, IBS provides an annual loan review to ensure the maintenance of a financial condition is satisfactory to the credit union.

MBL loan manual

IBS provides assistance with developing an NCUA compliant Commercial loan/MBL policy manual and offers periodic reviews of the loan policy to ensure continued compliance

Loan Portfolio Services

Since most credit unions do not have business modules on their core systems, booking, administration, monitoring, and reporting can be difficult and confusing. Attempting to book business loans to a mortgage system or other module can create interest accrual issues. Rather than risk accruing interest in a manner not consistent with the Promissory Note or incurring other problems, IBS has a business loan core system capable of handling the most complex of business credits. The core system utilized by IBS is the PCFS 2000 loan software application. More importantly, IBS has the business lending operations expertise to ensure proper booking, accrual, monitoring, and reporting of business loans. The loan portfolio services include:

  • Book loans to the CUSO loan core system
  • Bill Members with associated P&I breakdown
  • Facilitate member payments at credit union location(s)
  • Provide weekly payments to the credit union with P&I breakdown
  • Constant MBL monitoring
  • Monthly accounting and detailed reports

Loan Portfolio Services

Since most credit unions do not have business modules on their core systems, booking, administration, monitoring, and reporting can be difficult and confusing. Attempting to book business loans to a mortgage system or other module can create interest accrual issues. Rather than risk accruing interest in a manner not consistent with the Promissory Note or incurring other problems, IBS has a business loan core system capable of handling the most complex of business credits. The core system utilized by IBS is the PCFS 2000 loan software application. More importantly, IBS has the business lending operations expertise to ensure proper booking, accrual, monitoring, and reporting of business loans. The loan portfolio services include:

  • Book loans to the CUSO loan core system
  • Bill Members with associated P&I breakdown
  • Facilitate member payments at credit union location(s)
  • Provide weekly payments to the credit union with P&I breakdown
  • Constant MBL monitoring
  • Monthly accounting and detailed reports

Shared Lender Program

Shared Lender Program is a great option for small to medium credit unions that want to have a lending program. We bring together credit unions to share the availability and costs of lending to provide better lending solutions. IBS works with the credit union to process referrals from the credit union staff and provide business development services in the credit union’s home market. The credit union shares costs of salary and benefits and loan production with other participating institutions to reduce costs and risks.

Shared Lender Program

Shared Lender Program is a great option for small to medium credit unions that want to have a lending program. We bring together credit unions to share the availability and costs of lending to provide better lending solutions. IBS works with the credit union to process referrals from the credit union staff and provide business development services in the credit union’s home market. The credit union shares costs of salary and benefits and loan production with other participating institutions to reduce costs and risks.