Remove Capital Remove Community Remove Digital Strategies Remove Lending
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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 126
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Revenue-Based Financing Challenges The Bank Loan Status Quo

PYMNTS

Traditional bank loans remain the undisputed leader in small business lending. by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital.

Capital 132
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Impact Roadshow | Warren, MI

Filene

Local Host: Community Choice Credit Union. QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. It was also a great forum for the Coast Capital team to engage with peers within the organization and across the industry.

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Impact Roadshow | Nashville, TN

Filene

Local Host: US Community Credit Union. QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. It was also a great forum for the Coast Capital team to engage with peers within the organization and across the industry.

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Impact Roadshow | Marshall, MI

Filene

Local Host: Marshall Community Credit Union. QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. It was also a great forum for the Coast Capital team to engage with peers within the organization and across the industry.

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Chime, Uniswap, and the future of finance could soon struggle

Lex Sokolin

To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. Instead, it is replacing payday lending as an industry. Just referring customers to capital sources. But Chime is even further removed from any actual capital. No shenanigans.

Capital 52
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4 winners and losers from the American Banker Digital Banking 2018 Conference

Gonzobanker

Maybe the mindset amongst many bank digital execs is “we’re building all this great functionality…surely our crappy adoption must be because of our poorly trained front-line staff”. See you can align your business and digital strategy. And yes, you can humanize digital banking.