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Tax Reform Shows Early Signs Of SMB Bank Lending Impact

PYMNTS

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative. percent rate.

Taxes 122
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Reading The Tea Leaves Of Post-Pandemic SMB Lending

PYMNTS

We did more loans in a two-month period than we did in 10 years of SBA lending combined," he said. "We Historically, traditional business lending is based on historical financial performance," he said. Right now, we've been taking a look at 2018 and 2019 tax returns. Reading The Tea Leaves.

Lending 233
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Is Small Business Lending Facing a ‘Moment of Reckoning?’

Gonzobanker

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.”

Lending 136
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Commercial Real Estate or Business Lending: Which Is Better?

Jeff For Banks

Me: Commercial Real Estate loans are the most profitable product in a community bank's arsenal and have been through various interest rate environments. The charts below show the pre-tax profits as a percent of the total product portfolio during different rate scenarios compared to the Fed Funds Rate. But what of the relationship?

Lending 78
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Digital Payments Startup GPay Awarded Vietnam License

PYMNTS

“GPay has a supportive ecosystem from G-Group with above 20 million users of financial platforms, game community, social network and technology companies. The G-Group ecosystem includes Vietnam’s social media network Gapo and P2P lending platform Tima. Tran said GPay was in discussions with investors for a Series A funding round.

Payments 154
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The Biggest Banking, Regulatory Challenges For Today’s Entrepreneur

PYMNTS

and finance experts are celebrating with new data on the state of the entrepreneurial community. Fifty-four percent of small business owners say they are optimistic about the national economy , found Bank of America’s 2018 Business Advantage Small Business Owner Report. National Small Business Week is this week in the U.S.,

Taxes 144
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Can FinTech Walk The FinTalk?

PYMNTS

In this world, the only things certain are death and taxes. Marketplace lending. According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. billion in 2018 growing to $1.1

Fintech 183