Focus on what you can control
In times of economic uncertainty, Praetorian guides you through the competitive landscape by focusing on controllable factors, from forecasting losses to adapting policies and achieving your KPIs. Schedule a consultation with us to navigate these challenges effectively.
Credit Risk Management
Praetorian is your trusted partner in managing the entire loan life cycle, from origination to closure. We specialize in identifying and mitigating risks such as delinquency, charge-offs, and underperformance, ensuring your loan portfolio remains robust and secure. Our team identifies when your borrowers pose a risk of loss, or where they're exceeding expectations, realizing opportunities for new business. With Praetorian, you gain a comprehensive, proactive approach to credit and collections management, driving both stability and growth for your financial institution.
I. Manage a Quality Loan Portfolio
Regularly review your customer base's creditworthiness, adapting to changes with targeted marketing strategies and renegotiation of payment terms as needed.
II. Identify Threats in Advance
Prioritize and mitigate risks by assessing their potential impact and likelihood, focusing on areas within your influence and control.
III. Stakeholder Reporting
Develop and nurture relationships with stakeholders through informative reports and presentations, leveraging their input for long-term strategies and to enhance future communications.
Product Offerings
Stories in the lending industry hold significant value, especially when it comes to building trust, understanding borrowers, and fostering relationships.
Lenders often rely heavily on quantitative data like credit scores, income statements, and debt-to-income ratios to assess a borrower’s creditworthiness. A comprehensive Credit Memo should include a qualitative aspect that humanizes the numbers. Understanding a borrower’s personal or business journey, the reasons for their financial situation, and their future allows lenders to make more informed decisions that go beyond the data.
Unfortunately, the best of plans can go off course. Praetorian’s “Special Credit” Memo leverages stories to better understand the borrower’s capacity and willingness to pay. Rather than using a one-size-fits-all strategy, the strategies developed in the “Special Credit” Memo can lead to customized payment plans or restructuring that better align with the borrower’s current financial reality.
Advisory Services Covered
I.
Portfolio Management
When you spend years responding to problems, you can sometimes overlook the fact that you could be preventing them. Praetorian's Portfolio Management approach focuses on upstream practices to avoid adverse downstream impacts. Remember, every system is perfectly designed to get the results it gets. Get in touch to learn more.
Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.
- Marcus Aurelius
III.
Underwriting Analysis
Underwriting aims to determine the risk associated with lending and to set appropriate terms and conditions. The specific underwriting criteria and risk assessment methods can vary among lenders, and should be reviewed to determine the realization of risks and opportunities. Get in touch to learn more.
II.
Credit Mitigation Modeling
Know your customer! The risk of onboarding an underperforming client is compounded by the missed opportunities in failing to identify your strongest clients. Credit migration modeling can help you identify both threats and opportunities. Get in touch to learn more.
IV.
Collections Strategy and Analysis
Considering the fact that lending is the main activity of most financial institutions, the quality of the institutions collections team cannot be understated. From relationship building at the onset of delinquency, to escalation, charge off, and justification of settlements, Praetorian can help. Get in touch to learn more.
Gerry Weston
Principal
An executive with 30 years’ experience in collections, lending, and credit analysis, Gerry has worked with financial institutions to improve results and exceed KPI’s. He’s directed and developed teams of credit and collections professionals at organizations of varying sizes and missions.
Gerry’s diverse experience includes leadership roles in the B2B equipment leasing industry, credit unions and fintech. He weaves lessons learned in each sector, delivering scalable results.
Gerry's commitment to professional growth and education is a testament to his dedication to the field. He holds a Bachelor of Science in Economics from Central Washington University. Beyond his degree, he is a Certified Lease and Finance Professional, has a certification in Project Management from UC Irvine, and is recognized as a Credit Union Enterprise Risk Management Expert. These credentials not only highlight his expertise but also his commitment to staying abreast of industry developments and trends.
At Praetorian, Gerry's approach is centered around relationship-building and personalized client service. He leverages his extensive network and experience to benefit clients, focusing on creating scalable and sustainable processes for organizations of all sizes. His strategic insights and tailored solutions meet the unique needs of each client, ensuring effective and efficient outcomes. Gerry's leadership at Praetorian embodies the firm's commitment to excellence, integrity, and client-centric service, making him a reliable and esteemed partner in the financial services industry.
