Remove Denver Remove Lending Remove Taxes
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A Better Deal

Independent Banker

Tax credits for Main Street lending. Not satisfied with consumer lending, credit unions are seeking to expand their commercial lending authorities while virtually eliminating any restrictions related to their fields of membership. Chuck Johnston. By Chuck Johnston.

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Greenline Ventures Launches New Small Business Fund

PYMNTS

Denver-based Greenline Ventures is opening up a new fund to help finance small businesses in the U.S. The financing will leverage New Markets Tax Credits (NMTC), alongside private capital, to provide short-term financing to small businesses with competitive rates and flexible terms, the company said. The company revealed Tuesday (Feb.

Denver 100
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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. pre-tax ROA: 2.68%. Molly Bennett, executive editor, Independent Banker.

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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

Rates typically peak after holiday shopping then come down as consumers receive their tax refunds and use it to pay down debt. If you are a Risk Manager, you should be reviewing lending strategies to ensure customers are receiving the right treatment across the lifecycle and getting the help that is needed if debts cannot be fulfilled.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. When the Taxpayer Relief Act of 1997 passed, the top capital gains tax rate was lowered, providing yet another incentive for equity speculators to pour money into the fledgling internet industry. I remember being at a Bank CEO Network event in Denver when CEO’s learned of this knowledge nugget.

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The Thinker

Independent Banker

Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. To combat the decline in the bank’s loan-to-deposit ratio, Hartings actively sought out new opportunities in lending.

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Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

Lending marketplace for small businesses. HQ: Denver, Colorado. Self-employment tax payments. Tags: SMB, payments, tax prep, accounting. Total raised: $44.7 HQ: New York City. Source: FT Partners. Funding Societies. Latest round: $7.5 million Series A. Total raised: $7.5 HQ: Singapore. Source: Crunchbase.