Remove 2008 Remove Community Remove Management Remove Taxes
article thumbnail

Cash Flow A Tough Lesson To Learn For SMBs

PYMNTS

According to Intuit General Manager Alex Chriss, cash flow is a life-or-death factor for a company. ” In another statement, Euler Hermes Americas CEO and President James Daly said uncertainties and market risks have their own impact on organizations’ ability to manage cash flow, too. Fifty-two percent of U.S.

Survey 158
article thumbnail

How Does ChatGPT Describe the Economy and Banking?

Jeff For Banks

Additionally, the implementation of new policies by the government, such as changes to taxes and regulations, could also influence economic outlook. Vendor management due diligence, such as "Where can I find third-party reviews on the nCino loan operating system?"; The tool is still new and evolving.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Cash Flow A Tough Lesson To Learn For SMBs

PYMNTS

According to Intuit general manager Alex Chriss, cash flow is a life-or-death factor for a company. ” In another statement, Euler Hermes Americas CEO and President James Daly said uncertainties and market risks have their own impact on organizations’ ability to manage cash flow, too. 52 percent of U.S.

Survey 123
article thumbnail

Rebounding from the Downturn

Independent Banker

Community First Bank & Trust. Community First Bank & Trust had an extraordinary 2015. It was the culmination of efforts over the past four years to recover from the impacts of the downturn in the economy that began in 2008. The largest component of Community First Bank’s earnings in 2015 was a reversal of a $10.6

article thumbnail

Community banks are thriving in Texas

Independent Banker

Here’s how four community banks are thriving in this environment. Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon. Photo by Dennis Burnett. By Mindy Charski.

Texas 182
article thumbnail

Collections Predictions 2021: After the Debt Tsunami, the Flood

FICO

There’s a whole community of debt now swirling around, and sole traders will have to go to the government for relief to stay in business. Lower tax payments will bring more cuts. Even businesses that stay open will have massive shortfalls, which will reduce taxes paid. The vast majority of these loans are held by sole traders.

Taxes 76
article thumbnail

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

Jeff For Banks

To you, manage your interest rate risk. 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. Most of the more than 500 financial institutions that failed were community banks.

FDIC 78