Abrigo
FEBRUARY 24, 2015
And just as in mortgage lending , credit unions are seeing a bigger piece of the consumer loan pie. credit union auto lending portfolios are faring. Across the country used vehicle loans nearly doubled their new counterparts by lending volume. Regionally, the rocket-like momentum remains clear.
PYMNTS
SEPTEMBER 12, 2018
In its monthly Small Business Lending Index, released Tuesday (Sept. When you combine a strong economy, healthy retail demand and the willingness of small business owners to reinvest their savings from tax cuts, it creates a positive atmosphere for small business lending ,” said Rohit Arora, Biz2Credit CEO, in a statement.
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PYMNTS
OCTOBER 2, 2018
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.”. Avant launched its first bank partnership with Alabama-based Regions Bank in 2016, using its SaaS product.
Abrigo
FEBRUARY 17, 2015
Which areas of lending and what banks are driving the expansion? Community banks (under $10 billion in assets) and regional banks (between $10 and $50 billion) represent 21 percent and nine percent, respectively. Agricultural lending represents two percent, and all other loan types represent the remaining 12 percent.
PYMNTS
AUGUST 22, 2019
The funding is one of four £10m Pool C grants from the Capability and Innovation Fund (CIF), which is awarded by BCR to help businesses improve lending or payment services to SMEs across the U.K. The grant will enable iwoca to open a regional office with at least 50 staff members outside of London.
BankUnderground
JANUARY 27, 2021
One key message stands out: banks that are more rooted in their market are much more likely to continue lending when faced with the economic fallout from such shock. Banks with access to central bank liquidity continued or even expanded their lending. A pandemic or natural disaster can impact lending in several ways.
Abrigo
NOVEMBER 1, 2019
And unlike 2012, if loan demand increases due to lower rates for consumers, deposit costs are not likely to decrease as much because liquidity, or available excess deposit funding, has mostly dried up over the past five years. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. Learn More.
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