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Lending to nonprofits: Considerations for credit analysis

Abrigo

Financial institutions considering lending to nonprofits may want to be aware of these recent financial trends, as well as some of the ways lending to these organizations might differ from lending to for-profit businesses. Here are two mistakes to avoid when lending to nonprofits , according to the firm: 1.

Analysis 150
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Adapting lending policies in a ‘negative-for-long’ scenario

BankUnderground

In a recent paper we explore the effect on bank lending by combining data on exposure to negative rates with banks’ balance sheets, the Spanish credit register and firms’ balance sheets. This effect was especially strong for undercapitalised banks and lending to risky firms. Why might negative rates work differently?

Policies 111
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ForwardLine Financial Raises $20M

PYMNTS

California-based ForwardLine Financial announced that it has raised $20 million in growth capital, led by Five Oceans Capital and Marsico Enterprises. The new capital help the company achieve new record originations in Q2 2019, a 300 percent increase over the previous year.

Capital 115
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Grab Reportedly Considered Acquiring 2C2P Pte

PYMNTS

The Singapore-based payments startup opted to raise more capital to grow independently as a company instead. Aung Kyaw Moe, who is a computer programmer and was born in Myanmar, started the company in 2003 in Bangkok. 2C2P and Grab representatives did not offer a comment per the report. The news comes as Grab raised over $4.5

Report 100
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The Future of Noninterest Income at Financial Institutions

Abrigo

Financial institutions generate most of their income by lending and investment activities. Once accounting for 46 percent of bank revenue (2003), more recently, noninterest income averages closer to 34 percent (2018). Roadmap for Effective Capital Planning: Start Here. Types of Noninterest Income. An important source of revenue.

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Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

In 2003, iTunes for Windows arrived in October 2003, allowing non-Mac users, the vast majority of the computing world, to buy music from Apple and sync it to an iPod for the first time. Moss was formerly a risk executive at Wells Fargo; at SoFi, he is in charge of lending standards.

Apple 122
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Independence Edition: Square, Amazon And LendUp

PYMNTS

Square already securitizes its SMB lending debt that way. Consumer lending with Square will be getting a test drive in six U.S. You will not see us doing car loans and mortgage loans,” said Jacqueline Reses, the executive in charge of Square Capital, the company’s lending arm. “We

Lending 100