Abrigo
APRIL 4, 2020
However, many of these borrowers were unable to immediately secure a loan. The SBA Utah District Office , for example, has established a Rapid Response Team with the Governor’s Economic Recovery Task Force to handle the requests. Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending.
Bank Innovation
SEPTEMBER 18, 2017
SoFi’s hopes of becoming a bank have most likely been crushed after the departure of former CEO Mike Cagney, Securities and Exchange Commission former chairman Arthur Levitt told the Financial Times yesterday.
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PYMNTS
JULY 14, 2020
Utah-based FuturePay has consistently appeared in PYMNTS’ top 5 alternative credit apps, with its offer of flexible monthly payments for consumers and up-front settlement for merchants. Klarna also launched its new “Klarna: Swedish for smooother shopping” campaign in June. The account comes with 1.30
PYMNTS
SEPTEMBER 18, 2020
But it was one startup, which helps other businesses launch their own subscription service offerings, that secured the largest round of the week, perhaps reflecting the rising tide of companies looking to shift business models amid market uncertainty. FundingXchange.
CFPB Monitor
JUNE 15, 2022
The law contains exemptions and carve-outs for, among other things, depository institutions, financings of more than $500,000, closed-end loans with a principal amount of less than $5,000, and transactions secured by real property.
PYMNTS
JUNE 28, 2019
It wasn’t the only corporate T&E firm that secured new funding, though, nor was it the only B2B FinTech that raised venture capital. The $1 million in Seed funding for India-based Recko will help the firm grow its payments reconciliation solution for companies in the banking, lending, insurance, eCommerce and telecom industries.
PYMNTS
OCTOBER 17, 2017
All industrial banks are chartered in Utah – and there are only 17 such charters issued, 15 of which are currently active. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank. That lending operation has been fairly successful for Square, and has lent out over $1.8
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