Abrigo
FEBRUARY 16, 2016
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.
BankUnderground
JULY 20, 2022
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?
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PYMNTS
AUGUST 15, 2018
Headquartered in Orange County, California and founded in 2003, CashCall is a big firm that consumers likely know best from its early commercials featuring the late Gary Coleman. All that to say this has been an especially tough week for CashCall, and possibly the entire installment lending industry in the state.
Perficient
NOVEMBER 22, 2022
The Act was revisited frequently in the 20 th Century and became the Servicemembers Civil Relief Act in December 2003. Financial institutions that lend to small business owners need to know that a borrower’s nonbusiness assets and military pay are protected from creditors while the servicemember is on active duty.
PYMNTS
JUNE 13, 2019
Aung Kyaw Moe, who is a computer programmer and was born in Myanmar, started the company in 2003 in Bangkok. In addition to ride-hailing, the company’s GrabPay service lets users order food and pay for rides, and the firm is growing into financial services like insurance and lending. The news comes as Grab raised over $4.5
American Banker
DECEMBER 14, 2023
Those protections are enshrined in a 2003 law, but many service members do not seek them out. The Ohio Democrat is pressuring the CEOs of JPMorgan Chase, Bank of America, Citigroup and Wells Fargo to proactively provide financial benefits to active-duty service members.
PYMNTS
SEPTEMBER 30, 2019
Launched in 2003 and led by CEO Steve Carlson, ForwardLine Financial is a non-bank lender providing small businesses across the United States with financing alternatives to traditional business loans.
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