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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. Some clients who have relationships with ANB have expanded their businesses into downstate markets.

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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

PYMNTS

TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. This is the digital bank’s fourth acquisition of a working capital loan portfolio.

Capital 130
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B2B Startup Investors Go After The Niche Markets

PYMNTS

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. million from Alteria Capital. Alternative small business lender Lendingkart secured new funding this week to the tune of $11.5

Marketing 109
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The community banks standing by hospitality customers

Independent Banker

State Bank of Texas, led by president Sushil Patel (center), has a niche working with hospitality customers like Reena and Arun Patel, who own and operate a La Quinta hotel in Dallas. The bank also helped hotel operators obtain Paycheck Protection Program (PPP) loans. Photo: R.J. Photo: R.J.

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Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. The operative question is when commercial PODs will show a spike. As can be seen, Arizona and Texas have the largest increases in credit risk, while Minnesota and Maine are the most stable. Once again, it is time to play more defense.

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Software Co BigCommerce IPO Soars 183 Pct

PYMNTS

BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. exchange for a company raising at least $100 million, according to Bloomberg’s data.

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Vroom Partners With Santander On Auto Loan Financing

PYMNTS

In an announcement on Wednesday (April 8), New York-based Vroom and Santander of Texas said the “preferred lending relationship” is designed to enhance Vroom’s customer experience with streamlined financing and competitive rates. The two companies said they the service is operational and they will continue to work on it through the year.

Texas 141