Search Results for: commercial loan

Business Loan Approvals at Big Banks and Credit Unions Continued to Slide in August
Lending News

Business Loan Approvals at Big Banks and Credit Unions Continued to Slide in August

GlobeNewswire
by GlobeNewswire0
Big bank lending to small businesses has stalled for over a year, while credit unions return to an all-time low. Loan approval percentages rose at regional and community banks and non-bank lenders. Small business loan approval percentages at big banks ($10 billion+ in assets) fell from 13.3% in July to 13.2% in August, according to the......
Senseonics Holdings, Inc. Enters Into $50 Million Loan Facility With Hercules Capital
Lending News

Senseonics Holdings, Enters Into $50 Million Loan Facility With Hercules Capital

Business Wire
by Business Wire0
Senseonics Holdings,  a medical technology company focused on the development and manufacturing of long-term, implantable continuous glucose monitoring (CGM) systems for people with diabetes, today announced that it has entered into a $50 million loan facility with Hercules Capital, The company also announced it drew down $25 million upon the......
Finastra Accelerates Its Loan Document Strategy With Laserpro in the Cloud
Compliance management News

Finastra Accelerates Its Loan Document Strategy With LaserPro in the Cloud

PR Newswire
by PR Newswire0
The move streamlines loan document compliance management, bringing the power of the cloud to community-based financial institutions Finastra announced that LaserPro, its loan document preparation system used by more than 2,500 financial institutions, is now available in the cloud. This strategic launch of LaserPro in the cloud streamlines loan document compliance......
Metropolitan Commercial Bank Partners with Finzly for Advanced Payment Processing
Digital Payments News

Metropolitan Commercial Bank Partners with Finzly for Advanced Payment Processing

PR Newswire
by PR Newswire0
Using Finzly’s advanced payment infrastructure, Metropolitan Commercial Bank is set to transform its payment operations, covering ACH, Fedwire, and FedNow for its customers and industry partners. Finzly, a cutting-edge payment solutions provider, has announced a strategic partnership with New York-based Metropolitan Commercial Bank, a financial institution known for its strong commitment......
Janover Launches AI Capabilities to Further Transform Commercial Real Estate Lending
Artificial Intelligence Fintech News

Janover Launches AI Capabilities to Further Transform Commercial Real Estate Lending

Fintech News Desk
by Fintech News Desk0
Janover Inc., a B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch, announced the launch of new autonomous artificial intelligence (AI) email, which build on AI communication capabilities that were successfully implemented within the platform earlier this year. The AI-based agent operates via chat, voice, text,......
Gantry Continues 100% Performance of $18 Billion Loan Servicing Portfolio; Production Remains Muted Through H1 2023
Banking Mortgage News

Gantry Continues 100% Performance of $18 Billion Loan Servicing Portfolio; Production Remains Muted Through H1 2023

Business Wire
by Business Wire0
Gantry, the largest independent commercial mortgage banking firm in the U.S., is experiencing a year-over-year decrease in commercial mortgage production through H1 2023. Volatile commercial real estate markets have remained consistent since H1 2022 as market participants continue to grapple with price discovery, higher rates, maturing loans, distress, disrupted fundamentals,......
Jenius Bank Launches Inaugural Product, Personal Loans
Banking News

Jenius Bank Launches Inaugural Product, Personal Loans

Business Wire
by Business Wire0
Offering marks bank’s first consumer product in a roster of upcoming new services Jenius Bank, the digital banking division of Manufacturers Bank, a California state chartered commercial bank that is a wholly-owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group, announced the launch of personal loans, its......
Extraco Banks Partners with Teslar Software to Modernize Commercial Lending
Lending News

Extraco Banks Partners with Teslar Software to Modernize Commercial Lending

Fintech News Desk
by Fintech News Desk0
Texas-based bank selects fintech to better support local businesses Extraco Banks and Teslar Software announced their partnership to streamline the bank’s commercial lending process and more effectively balance their portfolio. Extraco Banks is the largest and most comprehensive independent financial institution headquartered in central Texas with more than $2 billion in assets. They’ve recently set a......
Citi Commercial Bank Launches New Digital Client Platform, CitiDirect Commercial Banking
Banking News

Citi Commercial Bank Launches New Digital Client Platform, CitiDirect Commercial Banking

Business Wire
by Business Wire0
Citi has announced the launch of a new platform, CitiDirect Commercial Banking, specifically to address the needs of Citi Commercial Bank (CCB) clients. This is part of Citi’s significant strategic investment plan to meet the growing global needs of these clients by delivering a single-entry point digital platform. “The launch......
BAFS Announces an Industry-First Combination of Commercial Lending Software and Services
Lending News

BAFS Announces an Industry-First Combination of Commercial Lending Software and Services

PR Newswire
by PR Newswire0
BAFS now serves as a single source for commercial lending needs nationwide BAFS (Business Alliance Financial Services) announced its market expansion that will give financial institutions access to both commercial lending software and services nationwide – an industry-first combination. Founded in 2009, BAFS has served as the commercial lending back-office......
1