Jay Blandford | Source | CEO at Abrigo
Jay Blandford
I bring nearly 30 years of experience to my role as Chief Executive Officer of Abrigo.
Abrigo empowers U.S. financial institutions to support their communities by helping them drive growth and manage risk. Abrigo is a leading provider of lending and compliance software and services. Abrigo’s platform centralizes the institution’s data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth. Abrigo has secured strategic growth investments from funds managed by Accel- KKR and Carlyle (NASDAQ: CG). Visit www.abrigo.com to learn more. Follow Abrigo on social media using @WeAreAbrigo.
Our sponsors at Accel-KKR and Carlyle, our leadership team, and our employees are passionately focused on living the Abrigo mission to champion Financial Institutions and, in turn, their communities, by giving them the solutions and services they need to drive growth and manage risk.
-
Abrigo
CEO
-
Expert Insights on Small-Business Financing Challenges and Solutions
Jay advises that a business's funding needs will determine the best lender. He suggests understanding why a loan was denied and correcting the issue. Challenges include lack of business history and unclear plans. Quick funding is crucial for liquidity. Prepayment discounts can save money but require understanding terms. Reporting loan payments to credit bureaus builds creditworthiness. Frequent payment schedules can indicate higher risk but provide necessary funds.
