article thumbnail

Is commercial lending on the rise?

Independent Banker

Loan providers share an infectious enthusiasm and growing optimism for one vertical’s prospects in 2022: commercial lending. Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. anticipates a low double-digit increase in its commercial lending in 2022. Quick Stat.

Lending 158
article thumbnail

The benefits of micro-lending programs

Independent Banker

In addition, compliance risk associated with small business loans could become even more difficult if the new Section 1071 rule proposed by the Consumer Financial Protection Bureau regarding small business lending data collection is finalized. Beth Mattson-Teig is a writer in Minnesota.

Lending 150
Insiders

Sign Up for our Newsletter

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

article thumbnail

Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

Lending is getting riskier. This data is critical for pricing, capital allocation, and marketing. As can be seen, the consumer is starting to feel the credit shock first while commercial lending is still performing. Minnesota, North Dakota, and Iowa were the least risky states to lend into.

Trends 195
article thumbnail

Navigating Liquidity, Funding, and Return in the Paycheck Protection Program

Abrigo

Key Takeaways Financial institutions have 10 calendar days to disburse PPP loans To address financial institutions’ liquidity and leverage concerns, regulators have helped to facilitate lending. PPP loans carry a 0% risk weighting, meaning they don’t count against the institution from a risk-based capital standpoint.

Lending 195
article thumbnail

Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Mark Cuban is tweeting about Jill Castilla’s fintech efforts with lending system startup Teslar. Lastly, at this writing, Rockbridge Growth Equity (ties to Rocket Mortgage ) and CU Solutions Group acquired database marketing provider Marquis from Falfurrias Capital. Fintech investing has gained near sport status. OK, me neither.

Fintech 213
article thumbnail

Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending . Walmart Pay.

Lending 101
article thumbnail

Here Is the Latest Credit Data To Keep Your Bank Safe

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. and New York had the lowest increases in credit risk, while North Dakota, Iowa, and Minnesota had the lowest volatility and were the most stable. ” The reality is that banks should be much more granular in their ratings to allocate capital more efficiently.

Data 195