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Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. • Liquidity riskmanagement and adequacy of contingency funding plans.
The most important thing is to get your financials prepared,” Catherine Marx, District Director for the SBA’s Connecticut District Office, said during a webinar hosted Jan. 5 by Connecticut’s Small Business Development Center. Lending & Credit Risk. Credit RiskManagement. Lending & Credit Risk.
It has implications for everything from regulatory compliance and riskmanagement to a bank’s ability to engender trust in its customers. Those banks that have rigorous in-house vulnerability management programs in place could comment on that to provide customers a higher level of comfort,” Hickok says. By Katie Kuehner-Hebert.
The biggest equity round ($50 million) went to Remedy Partners , a Connecticut-based health tech company. HQ: Darien, Connecticut. Corporate purchasing management. Fortress RiskManagement. Enterprise riskmanagement services for financial institutions. HQ: South Glastonbury, Connecticut.
HQ: Shelton, Connecticut. Social media management & compliance for financial institutions . Credit riskmanagement. Latest round: $2.1 million (at least $1.5 million debt). Total raised: $2.9 million (includes at least $1.5 million debt). Source: WhoGotFunded. Latest round: $1.4 million Seed. Total raised: $4.44
Normally, the week’s headlines are filled with merchants stuck in a death spiral of slow sales and lackluster supply chain management. But for every rule, there is an equal and opposite exception, which makes this week’s Chapter 11 Watch a first. Bankruptcy. is very important to the company,” Liguori said. “We Layoffs.
Her appointment to the SBA came after two failed runs as senator for Connecticut. Senate passed a bill broadening the SBA’s authority over its Small Business 7(a) loan program, which would strengthen its credit riskmanagement office, enhance the SBA’s oversight of lenders and enable full-risk analysis of its small business loan program.
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