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SAFE Banking Act returns to Congress: Is safe harbor for cannabis banking on the horizon?

Abrigo

This lack of access to financial services hinders these businesses’ abilities to gain a market foothold and contributes to the flourishing of an unregulated, underground marketplace. Sherrod Brown, D-Ohio, in the same hearing.

Lending 195
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RVshare Nets $100M In Funding, Seeks To Rev Up RV Rentals

PYMNTS

Akron, Ohio-based RVshare has landed more than $100 million in a fundraising round led by global investment firm KKR , with participation by existing investor Tritium Partners. Jon and team have proven they can deliver explosive growth with impressive capital efficiency.”.

Ohio 150
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The Balancing Act Between PPP’s Letter And Spirit Of The ‘Law’

PYMNTS

They are doing it because they can,” said Chris Olsen, a venture capitalist with Drive Capital Partners in Columbus, Ohio, in an interview with the Times. It might be argued that the relatively well-capitalized firms have taken spots that would have been reserved for companies in dire straits. They view it as free money.”.

Columbus 149
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The benefits of small business relationships

Independent Banker

One community bank relying on its internal talent is $596 million-asset The Community Bank in Zanesville, Ohio. “In They can go ahead and operate and know that our bank is behind them,” Allen says. One Community Bank has excellent relationships with the nonbank small business advisory programs in its south-central Wisconsin market.

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Paya Acquisition Aims To Solve City Hall’s Paper (Billing) Chase

PYMNTS

8) that it had acquired First Billing Services , a billing processor based in Ohio that focuses on municipalities and utilities. First Billing was founded in 2011, operating until the December 2018 transaction with Paya as the billing services affiliate of The Connor Group , a real estate investment firm. The Broader Strategy.

Software 158
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Ireland’s Grocery Industry Doubles Down On Accelerated Vendor Payments

PYMNTS

Amid rising market volatility, some large organizations have positioned themselves to support their small suppliers by accelerating payment terms. “It snowballed to where we were struggling to get supplies in a timely manner,” he said, adding that some vendors stopped supplying services to the organization entirely. ”

Industry 153
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Banking's Top 5 in Total Return to Shareholders: 2018 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. Total return includes two components: capital appreciation and dividends. Oregon Bancorp, Inc.

Oregon 101