article thumbnail

Vermont exempts bank partners from loan solicitation license for commercial loans

CFPB Monitor

We have been following closely efforts by state regulators, state legislatures and the courts to restrict, or in some cases prohibit, bank model lending programs, so the recent guidance from the Vermont Department of Financial Regulation (“Department”) is welcome news.

Vermont 68
article thumbnail

Starting a Small Business in Northern Vermont and New Hampshire

Ublocal

If you’re thinking about starting a small business in Vermont or New Hampshire, Union Bank is here to support your entrepreneurial dreams. Why start your business in Vermont or New Hampshire? Vermont and New Hampshire have much to offer to aspiring business owners. In summer 2021, New Hampshire saw a record-breaking 4.4

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Mortgage Maze: Your Guide for Navigating the Mortgage Lending Process

Ublocal

In fact, Vermont is home to New England’s largest corn maze, known as the “Great Vermont Corn Maze,” which stretches for 24 acres. They offer many types of programs, including the Vermont First Time Buyer Program. Fall is a time for foliage, pumpkins, and corn mazes. Reach out to our team today.

article thumbnail

Navigating the Loan Landscape: A Guide to Small Business Financing

Ublocal

SBA loans offer a variety of benefits, such as more flexible lending terms, and they can be a gateway to obtaining conventional financing in the future. If you don’t already have one, you can get free help writing a business plan at one of the SBA’s Small Business Development Centers –find your nearest one in Vermont or New Hampshire here.

article thumbnail

Lease-To-Own Services Make A Comeback With Overstock.com

PYMNTS

Overstock.com is no stranger to offering financial services — it already provides credit cards, lending, investments and insurance services to its customers. The standard lease term is as short as five months, with an early purchase option at 30, 60 or 90 days (not available in New Jersey, Vermont, Wisconsin or West Virginia).

article thumbnail

Vermont federal district court rules CFPA does not provide private right of action for alleged usurious loans; denies motion to dismiss EFTA claim

CFPB Monitor

A Vermont federal district court recently issued a decision ruling on the defendants’ motion to dismiss a class action involving allegations that an online tribal lending venture violated federal and state law because of alleged usurious interest rates and other allegedly unlawful features. Rosenblum.

Vermont 68
article thumbnail

B2B FinTech’s Unlikely Investment Winner

PYMNTS

Businesses across the globe operating in the blockchain, eCommerce-as-a-Service and alternative lending spaces (to name a few) all secured funding. Existing backers also participated in the round, said reports, including MassMutual Ventures,406 Ventures, Fairhaven Capital and the Vermont Center for Emerging Technologies. ChargePoint.

Capital 100