Abrigo

JULY 20, 2024

Ready to catch the next wave of lending growth? Commercial and industrial lending (C&I) will be the next big performance driver for banks and credit unions. You might also like this paper on how institutions can produce smarter, faster lending. C&I lending will be the next “bomb.”

Lending 195

Lending Risk Management Management Capital 195

Abrigo

APRIL 8, 2020

Automation is key to streamlining PPP loans and getting capital into the hands of small business owners quickly. Many hopeful participants took to Twitter to express frustrations with their primary lenders not lending or including caveats to borrower eligibility. Some have even filed lawsuits. Automate the PPP loans in 48 hours.

Lending 195

Lending How To Resources Community 195

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

SEPTEMBER 1, 2020

Now, many of the nearly 5,500 SBA-approved lenders that are participating in the PPP are weighing the option of leveraging that technology to continue to provide SBA lending after PPP. Leveraging tech for SBA lending after PPP. Or, they might wonder whether it’s too late to start 7(a) lending if they’ve never done it before the PPP.

Lending 195

Lending Training Technology Survey 195

Gonzobanker

SEPTEMBER 5, 2024

The two primary issues keeping some lenders from the top of their home equity game are 1) ambiguity in the ownership of their home equity functions and 2) a lack of maturity in their lending systems and processes. Some lenders do a solid job repurposing mortgage lending staff into home equity roles.

Lending 156

Lending System Online Operations 156

South State Correspondent

JANUARY 26, 2025

It would make no sense to risk the banks capital without adequate compensation. First – The Lending Curve of Community Banks Most banks cost of funding is highly correlated to shorter-term rates, and banks generally prefer shorter loan duration floating, adjustable, or fixed rates of up to one to two years.

Community Bank 195

Community Bank Community Lending Marketing 195

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 1 SBA lending can expand your product offerings to help win deals with prospects and existing business customers or members. Why SBA Lending? Would you like others articles like this in your inbox? 1 and Sept.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

DECEMBER 14, 2014

Many would point to imprudent lending standards as a leading cause of the financial crisis of 2008, and in turn, financial institution regulators have since bolstered lending standards and capital thresholds as a preventive measure against a similar crisis. Blog Bank Credit Union'

Guidelines 223

Guidelines Payments Lending Capital 223

Abrigo

JUNE 12, 2020

Key Takeaways The soon-to-begin Main Street Lending Program (MSLP) aims to fulfill a need for mid-sized businesses to access relief funds amid the coronavirus pandemic. The MSLP aims to be a lifeline for businesses that may have been too big to participate in the PPP, but too small to access corporate lending facilities. learn more.

Maine 195

Maine Lending Regulation Resources 195

PYMNTS

JULY 24, 2020

Online lenders will need the green light from the central bank to roll out new offerings or hike lending rates if the legislation is put into law, Quartz Africa reported. Online lending has brought about a number of complications in Kenya, with digital loans reportedly leading rising personal debt for users in the country.

Lending 157

Lending National Mobile Online 157

Abrigo

APRIL 30, 2020

Key Takeaways Borrowers must document how their PPP loans are used Borrowers must maintain employee and compensation levels At least 75% of the loan must be used for payroll and other permissible expenses Borrowers must have "economic need" for a PPP loan. Loan proceeds aren't documented.

Los Angeles 273

Los Angeles Lending Resources Software 273

South State Correspondent

FEBRUARY 27, 2022

Current Risk in Term Lending. Simple four-page addendum, no ISDA documents, no hedge accounting, one fixed-rate billing statement. With no additional reporting, no additional accounting, and no capital or collateral costs, the bank retains the full relationship. ARC Program Summary. . Differentiate. Relationship. For Borrower.

Lending 195

Lending Community Bank Community Meeting 195

PYMNTS

JANUARY 5, 2021

The Opportunity Fund provides working capital loans ranging from $2,600 to $100,000 to underserved businesses that might otherwise run afoul of more rigid underwriting requirements and more extensive documentation rules at traditional lenders.

San Jose 198

San Jose Lending Community California 198

BankUnderground

JUNE 9, 2021

‘Zombie lending’ occurs when a lender supports an otherwise insolvent borrower through forbearance measures such as repayment holidays and temporary interest-only loans. In a recent paper , I examine whether these lending practices contributed to the subsequent low output experienced by the euro area. Belinda Tracey.

Lending 141

Lending Capital Policies Exercises 141

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.

Analysis 150

Analysis Lending Community Bank Community 150

Abrigo

AUGUST 20, 2015

By stress testing , banks have the opportunity to adjust lending standards, capital levels or concentration percentages, among others, based on the results.

Lending 150

Lending Kansas City Kansas Analysis 150

Independent Banker

JANUARY 31, 2022

What we saw in PPP wasn’t that businesses didn’t inherently qualify; it was that producing the documentation required to meet the program requirements was a very heavy burden for them,” says Christopher Maher, chairman and CEO of OceanFirst Financial Corp., which operates $12 billion-asset OceanFirst Bank N.A. in Toms River, N.J.

Lending 150

Lending Community Community Bank Compliance 150

Abrigo

JULY 5, 2020

Secure online portals allowed PPP loan applicants to upload required documents, and many credit unions finalized borrower applications with electronic signatures. But historically, SBA lending and member business lending isn’t a major focus among credit unions. The SBA didn’t break out larger credit union PPP lending activity.)

Technology 195

Technology Lending Capital Meeting 195

PYMNTS

MAY 2, 2017

For small businesses, expansion is key, and expansion needs capital. In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. In addition, said Arora, whose firm has arranged for $1.7

Puerto Rico 118

Puerto Rico Lending Online United States 118

Abrigo

NOVEMBER 8, 2019

Top down and bottom up analysis can inform capital assessments. Effective stress testing can benefit many different facets of lending, from risk management and strategic decision-making to capital adequacy and liquidity management. Stress testing and capital adequacy. Stress testing and risk management.

Lending 150

Lending Risk Management Analysis Capital 150

PYMNTS

AUGUST 3, 2020

The board of directors of RateSetter unanimously recommends the transaction and that shareholders of RateSetter accede to the relevant transaction documents,” the release said. Metro Bank CEO Daniel Frumkin said the deal gives his company a strong base for addressing its “strategic ambition” to expand into unsecured lending.

Metro 230

Metro Lending Meeting Capital 230

PYMNTS

JUNE 18, 2020

’s Main Street Lending Program intended to aid small- to medium-sized businesses (SMBs), The Wall Street Journal (WSJ) reported. The pair also said there should be different rates depending on the circumstance of the borrower; with changes so that less risky borrowers can have lower rates and easier documentation.

Maine 141

Maine Lending Meeting Capital 141

BankUnderground

JANUARY 12, 2021

Understanding gross capital flows is crucial for both macroeconomic and financial stability policy. However, theory is lagging behind empirical work , as much of the literature continues to rely on net capital flow models developed many decades ago. Gross capital inflows and outflows of individual economies are highly correlated.

Capital 144

Capital Policies US Examples 144

Abrigo

SEPTEMBER 2, 2020

The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions. Community financial institutions' experience with PPP technology also translates to other areas of lending.

Lending 259

Lending Community San Antonio Survey 259

South State Correspondent

JANUARY 22, 2025

The gen AI consultant can talk intelligently about leadership, bank performance, financial structuring, marketing, lending, legal, compliance, and deposits. Like a consultant, they will follow your lead and want to tell you what you want to hear, which is often implied by your question or referenced source documents.

How To 195

How To Data Training Tools 195

Abrigo

OCTOBER 2, 2014

Following the recent financial crisis, the Basel Committee of Banking Supervision (BCBS) set out to “strengthen global capital and liquidity rules with the goal of promoting a more resilient banking sector.” The three pillars include maintaining minimum capital requirements, a supervisory review process and market discipline.

How To 236

How To Capital Community Bank Maine 236

PYMNTS

FEBRUARY 22, 2019

FinTechs that landed new funding include a firm targeting friction in B2B payments in the construction space, alternative small business lenders and a company helping accountants guide their SMB clients toward capital. Hillhouse Capital led the firm’s “D1” round, while Sequoia China led its “D2” raise.

Lending 139

Lending Capital Fraud Tools 139

PYMNTS

JUNE 29, 2016

Venture capitalists continue to back the alternative lending startup community despite recent fallout from Lending Club and revelations the company’s then-CEO Renaud Laplanche allegedly falsified loan documents. Also on Tuesday, India alternative lending marketplace Lendingkart announced its own investment round.

Lending 101

Lending Capital Industry Fintech 101

PYMNTS

APRIL 17, 2020

Venture capitalists focused their support on corporate lending, payroll and accounts payable technologies, but it was a cross-border B2B payments company that landed the lion’s share of this week’s VC funding. Cerebro Capital. For exceptions, the platform routes the document for human intervention.

Fintech 193

Fintech Payments Capital Lending 193

PYMNTS

APRIL 9, 2020

What we need to be told is that we have this document, we have authorization and we’re good to go,” Speight explained. Second: Eliminate The Capital Crunch . So we have to take that into consideration of the amount of money we know we’ve got to lend out just keep our normal lending business going,” Speight said.

Lending 285

Lending Capital Washington Risk Management 285

PYMNTS

SEPTEMBER 18, 2020

Venture capital appears to be picking back up in the B2B technology startup community. This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability. FundingXchange.

San Jose 226

San Jose Capital Utah Operations 226

Abrigo

MARCH 31, 2025

Given that a credit memorandum is one of the most critical documents in the life of the loan, it would seem like a straightforward process. It also means removing ritualistic contentsuch as unnecessary analysis of debt service coverage for a working capital linewhen it doesnt directly relate to how the loan will be repaid.

Analysis 195

Analysis Risk Management Management Data 195

Abrigo

JANUARY 7, 2021

Borrowers of less than $150,000 don’t have to provide documentation of this when they apply, but they must either provide it during the application, during the forgiveness application, or on SBA’s request. Relevant tax forms, quarterly financial statements, or bank statements are acceptable documentation. March 31 deadline.

Taxes 195

Taxes Lending Connecticut Capital 195

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? Source: DeBanked ) Square Capital lent about $1.6 Source: DeBanked ).

Lending 133

Lending Community Bank Community Data 133

Abrigo

FEBRUARY 13, 2020

Financial institutions that leverage relationship managers are able to avoid laborious tasks, like inputting data in spreadsheets, documenting email exchanges, and sending calendar invitations, through automation. Lending & Credit Risk. Breaking Down The 2020 Business Lending Readiness Survey: Roadblocks to Top Results.

Community 273

Community Lending Management Innovation 273

Abrigo

AUGUST 28, 2022

Leveraging the efficiencies gained from lending software Banks and credit unions that leverage an integrated lending and credit platform reap the benefits of a consistent, efficient and defensible lending program. Lending and Credit Software. Ag Lending. Lending & Credit Risk. Lending & Credit Risk.

Software 195

Software Lending Capital Philadelphia 195

Abrigo

FEBRUARY 16, 2024

Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness.

Training 195

Training Risk Management Analysis Policies 195