西蒙顾和：2026年通过现金流承保推动增长：银行和贷款机构的必备见解白皮书（英文版）

Cash-flow underwriting seeks to reconstruct how money moves through an account over time: what comes in, what goes out, how balances evolve, and when recurring obligations compress liquidity. It tags inflows and outflows, tracks the running cash position, and identifies when a customer has real surplus cash versus when obligations push available funds toward zero. At its core, this is a cash-position engine and a stress lens. Once liquidity can be estimated over time, lenders can ask und