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Rethinking The Reputation Of The Merchant Cash Advance

PYMNTS

. “The merchant cash industry first started as a product for unbankable clients,” said Andrew Mallinger, COO of PIRS Capital, in a recent interview with PYMNTS. “It The rise of alternative lending and familiarity of growing names like OnDeck is beginning to shift public perception of the merchant cash advance, however.

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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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Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

Fortunately for Red River Bank, loan demand is picking up in Louisiana as cities stabilize from the pandemic and businesses reopen. That’s followed by residential mortgage lending (36.3%), small business lending (32.1%), commercial and industrial (C&I) lending (30%) and agricultural lending (23.6%).

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Uber’s Loss Leaders, LendUp’s Big Push And Citi’s Continuing Costco Calamity

PYMNTS

The flooding in Louisiana — and the various tragedies associated with it — is the dark side of this truism. For a private business to raise as much capital as Uber has been able to is unprecedented.”. The four-year-old firm comes to card-based lending from small-dollar, short-term loans with high interest rates.

Cards 101
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15 Minutes With … Jimmy Rasmussen

Independent Banker

Rasmussen: Yes, it is an honor to serve the Group 3 Banks in Texas, southern New Mexico and northern Louisiana for three more years. The news will focus on capital spending and job creation with an emphasis on Galveston Island, which is where our community bank’s headquarters and largest market is.

Dallas 131
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Fintech Fundings: 29 Companies Raise $1.2 Billion Week Ending April 8

Fintech Labs Insights

Three Finovate alums raised capital and one of the first FinovateSpring presenters, TradeKing , was acquired by Ally Financial for $275 million. P2P lending platform. Scalable Capital. HQ: Baton Rouge, Louisiana. Tags: SMB, lending, P2P, crowdfunding, credit, commercial loans, underwriting. Source: Crunchbase.

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

A host of startups have emerged to capitalize on this trend. For three of the tools we looked at — Mint, Level Money, and Check — we studied how their product evolved all the way up to their acquisition (by Intuit, Capital One, and Intuit, respectively). Louisiana — #6 in Credit Karma searches. In aggregate, they command $1.3

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