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Lenderfit Launches SMB Lending Tech In Beta

PYMNTS

The company is now expanding its solution designed for Access Ventures to other banks, community development financial institutions (CDFIs) and other lenders that work with small to medium-sized businesses (SMBs). Federal Reserve found an increase in small business capital demand in 2018 compared to 2017. Recent research from the U.S.

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OnDeck Channels Accountants For SME Funding

PYMNTS

While the tool initially launched in March , reports said OnDeck expanded this aspect of its operations this month across Kentucky, Florida and Alabama. ” OnDeck facilitates access to working capital of up to $500,000 for accountants’ SMEs with the program. . According to reports, annual interest rates can be as low as 5.99

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Hillbilly Elegy Author J.D. Vance Heads To Ohio In Search Of Investment Opportunities

PYMNTS

And there are some serious funds on offer — Revolution funds has over $1 billion in capital to hand out to firms at all stages of development. Ohio, by comparison, attracted $303 million, and Kentucky $22 million. “A The goals of the fund are twofold. A lot of problems I write about are not entirely economic,” said Vance.

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

They are/were the business owners, demanders of capital and loans, and significant depositors. So banks, even community banks like [bank name] must take a sharp pencil to prune their branch network to compete with the higher interest rates of online banks, make investments in people and technology, and deliver to their shareholders.

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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. billion in assets community bank with 22 branches that encircle the Seattle Sound. Founded in 1980, Plumas Bank is a full-service community bank headquartered in Quincy in Northeastern California. First Capital, Inc. NASDAQ: FSBW) FS Bancorp, Inc.

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Onovative Raises $1 Million in New Funding

Fintech Labs Insights

“(We) feel that this round of funding gives us the ability to continue to achieve our vision of providing community banks and credit unions with software that is simple to use and affordable.” The round was led by the Bluegrass Angels Fund.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C.

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