Two long-time staffers with commercial loan underwriting CUSO Octant Business Services LLC have seen their roles changed.
Since its launch in 2005, the Littleton, Mass.-based CUSO's portfolio has grown to $173 million and more than 400 loans, said Bob Cipriani, president of Octant.
"In the current regulatory environment, there is no substitute for a loan servicing operation that adheres to business lending best practices in terms of efficiency and technology, along with traditional prudent lending tenets attained from decades of experience," Cipriani said.
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