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Small business lending insights Vol. 1

Abrigo

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. You might also like this guide for smarter, faster small business lending.

Lending 221
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. The Tech Award – Goes to Capital One. Best of luck in the next chapter, Chris!

Idaho 148
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Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Labs Insights

The fintech sector attracted $266 million in new capital the second week of August. 5 million to CUneXus to expand its consumer lending platform. . 5 million to CUneXus to expand its consumer lending platform. HQ: Atlanta, Georgia. Consumer lending platform. Bigstone Capital. SMB lending marketplace.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Financial supply chain management. Derivative risk management. Online consumer lending. HQ: Atlanta, Georgia. Person-to-person small biz lending platform. Startup capital raising platform. Multi-family lending management. Tags: SMB, capital, crowdfunding, equity, investing.

Company 12
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Fintech Fundings: 20 Companies Raise $175 Million Week Ending Nov 6

Fintech Labs Insights

But the most surprising funding was the $42 million to the Atlanta-based alternative credit bureau, FactorTrust. P2P lending. HQ: Atlanta, Georgia. Expansion Capital Group. Alternative data platform for asset managers. Tags: Consumer, lending, lead gen, loans, small business loans, mortgage. FactorTrust.

Company 12