article thumbnail

Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink

PYMNTS

Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools. Nikki Smith, a baker and caterer in Oregon, collected $96. Porter Capital Offers New Funding Tools To PPP Recipients. bank profits are expected to sink.

Arkansas 152
article thumbnail

AltFin Proves Its Staying Power With Asian Investors

PYMNTS

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Alternative Lending.

Capital 135
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Zions Bancorporation goes live on TCS BaNCS Core Banking software

Bobsguide

The core transformation program, titled “FutureCore,” is divided into phases and Consumer Lending for the 7 affiliate banks is the first phase to go live, with other phases to follow. The completion of this consumer lending installation represents our first step toward having a fully integrated core loan and deposit system.

article thumbnail

Spilling Business Beans

Independent Banker

Treasury program that’s the well-kept secret in small-business lending. In 2013, Columbia State Bank in Oregon used a 50 percent loan guarantee from the state of Oregon’s Business Oregon program to support a loan to Boneyard Brewery for the company’s expansion to a new, 15,000-square-foot facility. By Jessica Milano.

Oregon 70
article thumbnail

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

Jeff For Banks

Total return includes two components: capital appreciation and dividends. Oregon Bancorp, Inc. It also operates four loan production offices, three in California and one in Oregon. First Capital, Inc. Nasdaq: FCAP) First Capital, Inc. Carolina Financial Corp. Nasdaq: CARO) #2. OTC Pink: ORBN) #3. Nasdaq: FMAO) #4.

Indiana 78
article thumbnail

The benefits of small business relationships

Independent Banker

Our bank provides access to capital for small businesses that want to start or expand their business by utilizing the Small Business Administration 7(a), Express and 504 loan programs,” says Jennifer DeJean, vice president and SBA manager for D.L. billion-asset One Community Bank in Oregon, Wis. “We Collaboration in the community.

article thumbnail

Fintech Fundings: 25 Companies Raise $1.6 Billion Week Ending Aug 20

Fintech Labs Insights

Alt-consumer lending. HQ: Portland, Oregon. HQ: Portland, Oregon. Capital Match. Peer-to-peer lending marketplace for small businesses. Capital Match. Peer-to-peer lending marketplace for small businesses. Tags: Credit, P2P, lending, underwriting, investing, SMB. Total raised: $1.75