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The benefits of micro-lending programs

Independent Banker

Jenny Bennett, market president at $850 million-asset Summit Bank in Eugene, Ore., Small business microlending has traditionally been a tough market to serve for banks of all sizes due to the cost inefficiencies. which operates $12 billion-asset OceanFirst Bank N.A. in Toms River, N.J. saw something similar. Creating new partnerships.

Lending 150
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Loan-pricing models: What to consider for loan origination software

Abrigo

Leveraging the efficiencies gained from lending software Banks and credit unions that leverage an integrated lending and credit platform reap the benefits of a consistent, efficient and defensible lending program. Lending and Credit Software. Ag Lending. Lending & Credit Risk. Lending & Credit Risk.

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Why Digital Lenders Are Tightening Their Lending Criteria

PYMNTS

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. They all had a pretty tough time and took losses a lot more than expected,” said Henry Song, a portfolio manager at Diamond Hill Capital Management Inc. The Coming Risk Assessment Reset.

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Guest Post: Financial Markets and Economic Commentary by Dorothy Jaworski

Jeff For Banks

Even churches are closed and the new reality had me watching Easter church services from the Cathedral Basilica in Philadelphia on a website. For most of us here around Philadelphia, the stay at home restrictions began on March 13th, which was Montgomery County‘s date. and promised trillions of dollars to stabilize the markets.

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Impact Roadshow | Philadelphia, PA

Filene

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. Filene Feedback | Linda Young.

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Loan-pricing models: What to consider

Abrigo

One overall benefit of effective loan pricing is that it is one of the many ways a financial institution can optimize capital. Adams, supervising examiner at the Federal Reserve Bank of Philadelphia, pricing is a key underwriting factor that should be addressed as part of a sound loan policy. According to James L.

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Community banks most likely to approve small business loans

Abrigo

The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia. While the approval rates are high and portfolios are expanding, the OCC did point out that lending standards continued to soften.