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How To Do Better Against National Bank Lending Competition

South State Correspondent

Understanding the competitive banking landscape helps community banks set proper pricing, respond to rival marketing, and compete more effectively. Many existing community bank customers and prospects are also national bank customers. The largest 100 banks dominate the industry with almost 75% of the market share.

National 195
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Why Nations Fail

Chris Skinner

I was recently at a Capital Markets conference in Turkey where the main first day keynote speaker is Professor James A. Robinson from the University of Chicago and co-author of Why Nations Fail, a book that changed thinking about what makes for successful countries and what makes them fail.

National 244
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Main Street Lending Program Offers Loan-Purchase Option to Lenders Helping Businesses

Abrigo

Key Takeaways The Federal Reserve recently unveiled a new loan-purchase program, the Main Street Lending Program (MSLP) Unlike the PPP, loans provided under the MSLP are not eligible for loan forgiveness Community financial institutions play an important role in the MSLP. Eligible lenders for the MSLP include U.S.

Maine 195
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Saving Main Street: Advocacy Groups Propose New Government Relief Programs

PYMNTS

The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. Patrice Frey, president and CEO of the National Main Street Center , is a proponent of supporting existing local economic development organizations like chambers of commerce, community foundations and Main Street programs.

Maine 142
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Disbursements, Main Street SMBs And BarkBox’s Merger With SPAC Top This Week’s News

PYMNTS

We have deep dives on disbursements, Main Street small- to mid-sized business (SMBs) and BarkBox reportedly combining with Northern Star Acquisitions Corp. Why Affirm Would Delay Its IPO Amid A Hot Market . Study: 67 Percent Of Main Street SMBs Say They’ll Do More Business Online Post-Pandemic. Billion Valuation.

Maine 168
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How Square’s Results Spotlight Main Street SMBs’ Resilience — And (Cash) Challenges

PYMNTS

And often, drilling down into business segments and management commentary provides insight into just how we as a nation are faring, depending on where you look. All eyes may be trained on Wall Street now, and Main Street too as the latest tranche of business lending gets underway.

Maine 141
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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Counseling: SBA provides free consultation and advice to help Main Street succeed.

National 150