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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Takeaway 2 Several small business lending processes can tax both borrowers and staff. The market surged to as high as $2.4

Lending 195
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Takeaway 2 Several small business lending processes can tax both borrowers and staff. The market surged to as high as $2.4

Lending 243
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Fed To Offer Huge Credit Help To Stem Economic Losses

PYMNTS

David Joy, chief market strategist with Ameriprise in Boston, said while he applauds the Fed for trying, it simply won’t be enough. The recession talk is getting worse, including the St. Louis Fed president (on Sunday) saying unemployment could be 30%. A lot of companies are cutting estimates this morning.

St. Louis 130
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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

Canopy Tax (formerly Beanstalk). Tax & accounting practice management. Louis, Missouri. Tags: Tax, advisor platform, marketing, client services, accounting, SMB. Source: FT Partners. HQ: Salt Lake City, Utah. Latest round: $8 million. Total raised: $10 million. Source: Crunchbase. Fraud detection.