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5 ways to shake up your lending strategy

Independent Banker

Assessing best practices, rates, marketing efforts and more can position loan producers for future success in unpredictable market conditions. Banks need to evaluate the type of markets they are in today, where they have good market share and where they don’t. Double down in core markets. By Cheryl Winokur Munk.

Lending 103
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This year we expect another year of market-leading growth. Noting that existing Carvana markets grew by 84 percent, he said, “The company’s four oldest markets each more than three years old grew by 50 percent and our oldest cohort of Atlanta grew by 18 percent. New Markets. In 2019, we increased GPU by $750.

Company 130
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How GM’s Maven Is Driving Unattended Urban Mobility

PYMNTS

According to a United Nations study released last year, cities are home to more than half the world’s population. Even automakers like Ford and Toyota are now testing the car sharing market, as vehicle ownership patterns change. Since its rollout last year, the program has expanded into 14 markets nationwide.

Mobile 102
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Is your 2017 trade show strategy set for the year?

William Mills

Another upcoming event on my radar is the MBA National Technology in Mortgage Banking Conference & Expo on March 26-29 in Chicago, which is always a great venue to learn about emerging technologies and the impact of new regulations on the mortgage industry. The post Is your 2017 trade show strategy set for the year?

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Powering-Up Tools: Your Education Resources

Independent Banker

The courses are designed to help community bankers build a strong foundation in eight key areas of bank operations: compliance security, management, information technology, customer service and sales, teller training, human resources and health and safety. 20—23, 2015 in Indianapolis, Ind., Community Banking Live.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

But a few common threads do emerge, such as an inability to generate sustainable revenue, bad product-market fit, losing to competitors, and (of course) simply running out of money. ” via Indianapolis Business Journal. Select VC Investors: Khosla Ventures, Alberta Investment Management Corporation, Artis Capital Management.

Capital 78