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National Funding Explores AltFin’s Uncertain Growth Trajectory

PYMNTS

63 percent of small businesses applied for a working capital loan last year, data from S&P Global Market Intelligence recently found. However, Dave Gilbert, founder and chief executive officer of SMB alternative lending firm National Funding , said he’s seen a trend of growing traction within the small business community.

National 167
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How Loan Size Impacts Commercial Loan Profitability

South State Correspondent

First, larger loans are made to larger companies, and larger companies typically have more access to liquidity and capital, making them more credit-sound. These larger companies have already withstood the test of time and have survived business downturns, and the market has validated their business models.

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How Loan Size Impacts Commercial Loan Profitability

South State Correspondent

First, larger loans are made to larger companies, and larger companies typically have more access to liquidity and capital, making them more credit-sound. These larger companies have already withstood the test of time and have survived business downturns, and the market has validated their business models.

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FDIC issues final rule on brokered deposits and interest rate limits applicable to less than well capitalized institutions

CFPB Monitor

The FDIC has issued a final rule that establishes a new framework for analyzing whether deposits made through deposit arrangements qualify as “brokered deposits” and amends the methodology for calculating the interest rate restrictions that apply to less than well capitalized insured depository institutions (IDIs).

FDIC 78
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How to Practice Loan Pricing Discipline

South State Correspondent

Treating all credit facilities equally by setting minimum credit spreads regardless of size, term, cross-sell opportunities, lifetime value, and credit quality leads to misallocation of capital and substandard return on assets (ROA) and return on equity (ROE). Many banks target profitable commercial clients.

How To 195
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Passing The Middle-Market Automation Exam

PYMNTS

Though many financial institutions recognize the opportunity to help middle-market businesses automate their AP payments, they have not been able to fully capitalize on the opportunity. Here the elusive payments opportunity meets or, in fact, doesn’t meet, the elusive audience: accounts payable automation for middle-market firms.

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OneWest Bank Unveils Mobile App For Small Businesses

PYMNTS

Customers using the app can also ask for funding to aid their working capital and equipment financing needs from their mobile devices. Those offerings include Money Market Savings and OneBusiness Interest Checking accounts. OneWest, for its part, provides a wide array of account features and products meant to help small businesses.

Mobile 131