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Lenderfit Launches SMB Lending Tech In Beta

PYMNTS

Small business lending technology company Lenderfit has rolled out its services in beta, connecting financial institutions to solutions to facilitate small business lending. He told the publication that Lenderfit began as a way to address the small business lending challenges of nonprofit investment firm Access Ventures.

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Bankers: What's Your Art of War?

Jeff For Banks

FFKT Farmers Capital Bank Corporation (the “Company”), Frankfort, KY FFKT is a financial holding company which had four wholly-owned bank subsidiaries at year-end 2016. The Company provides a wide range of banking and bank-related services to customers throughout Central and Northern Kentucky. Citizens Northern”), Newport, Kentucky.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending .

Lending 101
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OnDeck Channels Accountants For SME Funding

PYMNTS

While the tool initially launched in March , reports said OnDeck expanded this aspect of its operations this month across Kentucky, Florida and Alabama. ” OnDeck facilitates access to working capital of up to $500,000 for accountants’ SMEs with the program. . According to reports, annual interest rates can be as low as 5.99

Kentucky 101
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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. First Capital, Inc. Nasdaq: FCAP) First Capital, Inc. On the lending side they provide customized business capital solutions nationally for small and mid-sized businesses with innovative lending to niche markets. Twelve basis points!

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The Paycheck Protection Program, Round Two

PYMNTS

The Senate has voted by unanimous consent to allocate another $484 billion in an interim relief fund, $310 billion of which will top off the depleted PPP fund directly, with an additional $60 billion specifically for smaller lending institutions. USHG noted that it’s burning through money and facing operating losses of over $1.5

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