Business Loan Legal Opinion Redefines Number and Use of “Fleet” Vehicles

A recent NCUA legal opinion revises the definition of a “fleet” for purposes of MBLs. The updated definition allows for five or more vehicles that are centrally controlled and used for a business purpose, giving credit unions greater flexibility in making lending decisions.

All Good Business Starts with People

In our world of distractions, keeping our eyes on the people we serve can be more difficult than we’d like. We sometimes find ourselves asking questions that skip over the people we’re trying to affect altogether.