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Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. As can be seen, Arizona and Texas have the largest increases in credit risk, while Minnesota and Maine are the most stable. Minnesota, North Dakota, and Iowa were the least risky states to lend into. Once again, it is time to play more defense.

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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. BIP Capital.

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Popular Bank acquires equipment financing business to expand commercial offering.

PopularBank

NASDAQ: BPOP) announced the acquisition of K2 Capital Group LLC (“K2”), a Minnesota-based equipment finance and leasing company. K2 customers will gain access to more capital and the additional resources and products offered by Popular Bank. “We Popular Bank, a subsidiary of Popular, Inc.

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Electric Truck Maker Rivian Gains $2.65 Billion In T. Rowe Price-Led Funding Round

PYMNTS

Minnesota-headquartered electric truck maker Rivian closed a $2.65 Rowe Price , with participation from Fidelity Management and Research, Amazon’s Climate Pledge Fund, Coatue, D1 Capital Partners, and other existing and new investors. billion investment round led by funds and accounts advised by T.

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Wis. Credit Union to Buy Capital Bank in Minnesota

American Banker

has agreed to buy Capital Bank in St. Royal Credit Union in Eau Claire, Wis., Paul, Minn., from First Sleepy Eye Bancorp in Sioux Falls, S.D.

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Lastly, at this writing, Rockbridge Growth Equity (ties to Rocket Mortgage ) and CU Solutions Group acquired database marketing provider Marquis from Falfurrias Capital. Like Rocket Mortgage’s rise using digital tech, marketing, and outreach, Rockbridge’s portfolio reads like a checklist in new world growth methods.

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The benefits of micro-lending programs

Independent Banker

ICBA has raised a concern that if the government is looking to increase access to credit, especially for startups and entrepreneurs, it should figure out ways to remove compliance burdens and barriers to small business products so that those entities can get access to capital. Beth Mattson-Teig is a writer in Minnesota.

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