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Perficient Names Five Area Vice Presidents, Expands Executive Leadership Team

Perficient

The expanded executive leadership team will drive continued growth and operational excellence across Perficient while delivering superior solutions for clients. “As ” Prakash Chembai, AVP of India global delivery operations. See open jobs or join our talent community for career tips, job openings, company updates, and more!

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Community banks most likely to approve small business loans

Abrigo

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

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Saltbox Opens Co-Warehousing Space For SMBs

PYMNTS

To provide small to medium-sized businesses (SMBs) with co-warehousing and coworking space, Saltbox opened a 27,000-square-foot facility in Atlanta, according to an announcement. The company said Atlanta has a diverse and growing ecosystem, with new firms, new talent, more connectivity, and greater capital. “We

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Yield Curve Impact on Bank Profits

South State Correspondent

The bigger risk to community banks’ business model is not a moderate recession induced by aggressive interest rate increases by the Federal Reserve. The Atlanta Fed GDPNow forecast is for Q2 GDP to be just under 2.50%, and the Fed Funds futures market continues to push out the start of the interest rate cuts. Yield pickup.

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The Home Depot Ramps Up Distribution To Meet Demand From Remodelers

PYMNTS

The largest of the three new Georgia operations, according to Home Depot, is a 657,000-square-foot distribution center in Locust Grove. The community is about 35 miles southeast of Atlanta on Interstate 75. ” In May, The Home Depot saw an increase in the average amount spent by customers per visit.

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Small business lending insights Vol. 1

Abrigo

At the same time, 59% pursued credit to meet operating expenses. Generally, small business loans benefit business owners, they also benefit communities, according to 2021 research for the SBA. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

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BAI Beacon 2017 Buzzes with Innovation in Atlanta

William Mills

Attendees could customize their day – picking and choosing from 70 different sessions on five separate stages featuring a wide range of topics including payments, fraud, fintech, marketing/product development, channel optimization, sales, compliance, business banking, artificial intelligence (AI) and community-based banking. October 10-11.

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