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Reading The Tea Leaves Of Post-Pandemic SMB Lending

PYMNTS

That's especially true for small and medium-sized businesses today, which, while hoping to plan for growth in the coming years, are more often looking toward resources that can help them survive in the next few weeks and months. We did more loans in a two-month period than we did in 10 years of SBA lending combined," he said. "We

Lending 233
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The Recency Trap and Building Deposit Balances

South State Correspondent

Most national and regional banks allocate marketing resources to recently acquired customers to get them to build deposit balances and purchase other products, while most community banks do not. Many banks fall into the “recency trap.” ” This article explores the recency trap and discusses how to prevent it.

Marketing 195
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Small banks: Big challenges and big opportunities

Abrigo

The local decision-making and strong relationships with customers that are hallmarks of small community banks provide leaders with fresh chances to positively affect their towns, cities, and regions while growing a healthy institution. Check out our 1071 compliance resources. People have other options,” Kirby said. “If The result?

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Navigating the Loan Landscape: A Guide to Small Business Financing

Ublocal

SBA loans offer a variety of benefits, such as more flexible lending terms, and they can be a gateway to obtaining conventional financing in the future. Pay taxes to the U.S. If requested, you’ll also need to provide your personal tax returns from the past three years. and primarily operating in the U.S.

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5 Ways Your Transaction Monitoring System Can Detect COVID-19 Related Fraud

Abrigo

As with any global or regional disaster, illicit actors are taking advantage of the increased pool of possible victims. Lending & Credit Risk. Member Business Lending. SBA Lending. The COVID-19 impact is real, as is the associated isolation, anxiety, and sometimes grief. Contact us to set up a demo and see how. .

Fraud 195
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Is Hong Kong Ready To Be A Startup Powerhouse?

PYMNTS

Hong Kong is known for its simple and predictable tax system, making it an attractive place for investment. FinTech startups in particular must jump through tough regulatory hoops, making it difficult to establish payment firms, crowdfunding platforms, peer-to-peer lending schemes and even obtain secure operating licenses.

Taxes 100
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Targeting Corporate Clients’ Bottom Lines — In One Way Or Another

PYMNTS

SME Lending. The Mexico-based online lending platform revealed an $8 million Series A funding round this week, a move that will help the company as it looks to strengthen Latin America’s SME finance game. Konfio links microbusinesses in the region to financing. Konfio is one of them. B2B Commerce.

Capital 100