Search Results for: business borrowers

Intuitive Digital Engagement Transforms Mortgage Experience for Borrowers and Loan Officers
Mortgage News

Intuitive Digital Engagement Transforms Mortgage Experience for Borrowers and Loan Officers

Fintech News Desk
by Fintech News Desk0
Digital Mortgage Center from Fiserv empowers lenders to move consumers from loan application to appraisal in minutes Fiserv, Inc. a leading global provider of payments and financial services technology solutions, is transforming the mortgage lending process with an intuitive digital platform, allowing anytime, anywhere engagement. Dynamic technology combined with a responsive design enables......
Capital Farm Credit Returns Record $108.1 Million To Borrowers
Finance News

Capital Farm Credit Returns Record $108.1 Million To Borrowers

Fintech News Desk
by Fintech News Desk0
Capital Farm Credit posted another year of strong financial results in 2021. Texas’ largest agricultural lender will return $108.1 million in cash patronage to its borrowers, with another $125.7 million in earnings allocated to the membership for future disbursement consideration. Since 2006, Capital Farm Credit has returned more than $2......
Miami Credit Union Testifies Before Senate And Asks For Funding To Better Serve Low-Income & Minority Borrowers
Credit Bureaus

Miami Credit Union Testifies Before Senate And Asks For Funding To Better Serve Low-Income & Minority Borrowers

Fintech News Desk
by Fintech News Desk0
JetStream Federal Credit Union CEO Jeanne Kucey Calls Attention To Vital Impact Of Community Development Financial Institutions JetStream Federal Credit Union’s CEO, Jeanne Kucey, appeared before the Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection, where she appealed to the Committee members to......
Umpqua Bank Launches Small Business Empowerment Program With $2 Million To Support Minority, Women Entrepreneurs
Banking News

Umpqua Bank Launches Small Business Empowerment Program With $2 Million To Support Minority, Women Entrepreneurs

Fintech News Desk
by Fintech News Desk0
Multi-year partnerships designed to close opportunity gap in access to capital, resources, and expertise Umpqua Bank, a subsidiary of Umpqua Holdings Corporation, announced a new program that expands access to capital, resources, and expertise for minority and women entrepreneurs. Umpqua Bank’s Small Business Empowerment Program builds on existing private and......
Canadian Investment Bank Origin Merchant Partners Expands Its North-American Platform, Agreeing to a Combination With US-Based Interocean Advisors
Finance News

Loans Canada and Even Financial Announce Strategic Partnership to Help Canadian Borrowers

Fintech News Desk
by Fintech News Desk0
Even Financial, the category-leading embedded finance marketplace, and LoansCanada.ca, the leading loan comparison site in Canada, have announced a strategic partnership to help Canadian borrowers find optimal loans and credit solutions. “As the online financial services ecosystem continues to grow rapidly in both the US and Canada, the infrastructure for financial......
Mercuria Successfully Closes Oversubscribed Secured Revolving Credit Facility Of Us$ 2,200,000,000 In Financing For Its North American Business
Banking News

Mercuria Successfully Closes Oversubscribed Secured Revolving Credit Facility Of Us$ 2,200,000,000 In Financing For Its North American Business

Fintech News Desk
by Fintech News Desk0
Mercuria’s North American operating entities (“Mercuria” or “the Company”) are pleased to announce the successful closing of its US$ 2,200,000,000 multi-year senior secured borrowing base credit facility (the “Facility”). The Facility was over-subscribed, enabling Mercuria to increase the size by US$ 500,000,000 and add a 2-year tranche.  The joint and several borrowers are Mercuria......
Breakout Capital Integrates with Lendsmart’s Loan Management System to Expedite Small Business Loan Approvals
Business Fintech News

Breakout Capital Integrates with Lendsmart’s Loan Management System to Expedite Small Business Loan Approvals

Fintech News Desk
by Fintech News Desk0
Fintech lender partners with Lendsmart to streamline small business lending and enhance the customer experience. Lendsmart, an AI-driven digital lending platform, announced its partnership with Breakout Capital, a leading small business lender that provides simple, straightforward working capital solutions to small businesses. Latest Fintech Insights: CoinShares Announces Free-To-Trade and Savings Plan......
Ira Zlotowitz Revolutionizing Commercial Mortgage Business with Launch of GPARENCY
Business Mortgage News

Ira Zlotowitz Revolutionizing Commercial Mortgage Business with Launch of GPARENCY

Fintech News Desk
by Fintech News Desk0
New company oversubscribed with venture capital seed round, raising the maximum of $15M in financing from 125 real estate professionals and engaged strategic partners, including Customers Bank With an eye to the future of the commercial mortgage industry, Ira Zlotowitz, renowned for his success founding and leading Eastern Union, a......
Valon Raises $43.9 Million Investment for Residential Mortgage Servicing Platform; Offers Borrowers a Better Way to Navigate Homeownership
Fintech Mortgage News

Valon Raises $43.9 Million Investment for Residential Mortgage Servicing Platform; Offers Borrowers a Better Way to Navigate Homeownership

Fintech News Desk
by Fintech News Desk0
Company partners with Starwood Capital Group and Freedom Mortgage, and secures Freddie Mac and Federal Housing Administration approval, to service government-backed loans Valon, a tech-enabled residential mortgage servicer, announced a $43.9 million investment, to continue fueling the company’s rapid growth through hiring, the development of a loan originations and property......
Biz2Credit Small Business Lending Index  for August Finds Loan Approval Rates Rise at Banks and at Non-Bank Lenders
Business Finance News

Biz2Credit Small Business Lending Index  for August Finds Loan Approval Rates Rise at Banks and at Non-Bank Lenders

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) jumped from 13.8% in July 2021 to 13.9% in August, up by three-tenths of a percentage from one year ago. Meanwhile, small banks’ approvals also rose from 19.1% in July to 19.3% in August, according to the latest Biz2Credit Small Business  “Small businesses are again borrowing to improve......
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