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Clear Mountain Bank reaches new heights

Independent Banker

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Clear Mountain Bank is embracing flexibility, innovation and collaboration as it continues its ascent as a small-business connector in West Virginia. By Mindy Charski.

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How Diversified Revenue Streams Impact Ag Borrowers

Abrigo

You might also like this webinar, How the 2021 Roadmap for Producers will Influence Ag Lending. By construction, significant sums of rent (per acre, megawatt, royalty, or per wind tower) will begin to develop and continue through operations and energy generation. Stay up-to-date on the latest on ag lending trends. Watch Webinar.

Lending 195
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Building A Better Lending Model To Serve SMBs Who Served

PYMNTS

And so with his friend, former Capital One executive and former South African Air Force member Mickey Konson, he founded StreetShares , Inc. “We Our first base of operations was my basement in Reston, Virginia.”. That rate, he noted, is based on more than mutual soldier loyalty, as StreetShares has other lending requirements.

Lending 119
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Wealthy Entrepreneurs Turn To Pawn Shops To Start New Ventures

PYMNTS

According to Jordan Tabach-Bank, CEO of The Loan Companies, which operates high-end pawn shops in several locations around the U.S., Luxury Asset Capital President and CEO Dewey Burke said the industry shift is also part of an effort to educate entrepreneurs about the financing opportunity they have. That’s simply not true.

Virginia 142
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Experts May Overestimate SMBs’ Understanding Of Cyber Threats

PYMNTS

” As a small business lending company, QuickBridge noted that small businesses must have access to working capital to adequately recover from a cyberattack. .” ” As a small business lending company, QuickBridge noted that small businesses must have access to working capital to adequately recover from a cyberattack.

Training 184
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Regulation and Compliance: Ready for Review

Independent Banker

In the past couple of years, regulators have become more interested in risk management, strategic and capital planning, succession planning, compliance (particularly Bank Secrecy Act compliance), third-party relationships and interest rate risk, according to David Baris, partner for BuckleySandler LLP in Washington, D.C. Virginia B.

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Digital Disruption

Independent Banker

Meanwhile new competitors regularly emerge, including person-to-person facilitators such as digital wallet provider Venmo, crowd-funding loan provider Lending Club and real-time cryptocurrency settlement company Ripple. Now it has a small-business financing program, Square Capital. Kelly Pike is a freelance writer in Virginia.