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How To Do Better Against National Bank Lending Competition

South State Correspondent

Many existing community bank customers and prospects are also national bank customers. There are now many online, nationally-focused lenders that are capable of an entire virtual relationship. This tool allows banks to understand the profitability contribution from various units and products.

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Porter Capital Offers New Funding Tools To PPP Recipients

PYMNTS

Porter Capital , which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from their current Paycheck Protection Program (PPP) funds, according to a press release.

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Investors Eye B2B eCommerce, Expense Tools

PYMNTS

Though not the busiest week in B2B venture capital funding, investors presented a clear preference for corporate expense management and B2B eCommerce, with additional funding going toward logistics and small business banking firms for a total of $203.5 while European investors at Dawn Capital and Accel also participated. ”

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If You Are Tired of Being Transactional, You Need A Hedge Program

South State Correspondent

Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times. Loan-level hedging has become an important tool that many community banks have started to adopt in 2024. This capital ratio is used to assess the possible riskiness of a hedge provider.

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If You Are Tired of Being Transactional, You Need A Hedge Program

South State Correspondent

Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times. Loan-level hedging has become an important tool that many community banks have started to adopt in 2024. This capital ratio is used to assess the possible riskiness of a hedge provider.

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Interstate Capital Focuses On Factoring Speed

PYMNTS

Invoice factoring company Interstate Capital is focusing on speed with its latest enhancements. The firm said this week it is offering an expedited factoring process to accelerate the time it takes for businesses to access capital when they’re waiting for their invoices to be paid.

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What is the impact of the NCUA’s risk-based capital rule?

Abrigo

Last month, the National Credit Union Administration (NCUA) approved the long-awaited final rule on risk-based capital requirements for credit unions. The Federal Credit Union Act requires NCUA to update its risk-based capital standards to be comparable with the federal banking agencies,” Matz added.

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