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The Current State of Ag Lending: Challenges for Borrowers, Lenders, and How to Overcome Them

Abrigo

Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. Technology has been a key resource for both ag borrowers and ag lenders seeking efficiency, growth, and profitability. Nearly half (49.9%) of ag lenders reported borrower interest in hemp financing.

Lending 195
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FinTech Firms Show Banks The ‘Art Of The Possible’ In SMB Lending

PYMNTS

So, access to capital isn’t just essential for these companies to survive — it’s critical for the economy to thrive. Yet, the small business lending gap remains. In a new report, PayNet and financial research firm Raddon examined the state of small business lending in the U.S.

Lending 159
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The Russian Connection (To Alt Lending Globally)

PYMNTS

ID Finance Co-Founders Boris Batine and Alexander Dunaev were far from newcomers to the world of finance when they started up their business in 2012. educated entrepreneurs met while working abroad at Renaissance Capital and Deutsche Bank. Observing the rise of disruptive companies in Europe and the U.S.,

Lending 105
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Avant Brings SaaS Lending Tech To Banks

PYMNTS

Since its founding in 2012, the firm has specifically distinguished itself in a crowded field of tech-based underwriters, with its focus on the consumer group it calls the “underbanked middle class.”. Amount’s first target group of banks will be large institutions looking for a highly customizable lending solution.

Lending 134
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Chinese P2P Lender Dianrong Completes Funding Round

PYMNTS

Chinese P2P lending company Dianrong, which offers lending solutions and investment products, has completed its latest funding round, according to reports. Standard Chartered Private Equity was the main investor, and Affirma Capital also participated in the round. The company is known as the “lending club of China.”

Lending 100
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Japan’s SoftBank Contemplates Investment In Brazil 

PYMNTS

We have around 40 companies that fit in Brazil,” the group’s head in Brazil, André Maciel, told the news outlet during an event at Cubo, a technological hub funded by Itaú Unibanco, the largest private bank in Latin America. . Creditas was started in 2012 by Sergio Furio, a Spanish former consultant and now the company’s chief executive.

America 164
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What’s Up With SMEs: Payments Fraud, Mobile Lending, And Inflation

PYMNTS

New data from Capital One found that half of SMEs surveyed said they are optimistic about current business conditions, up 9 percent from a year ago. Half also said they expect those conditions to improve in the next six months — the highest level since spring 2012, the bank said. Small business optimism in the U.S. After the U.S.

Fraud 100