Category :

Lending and Borrowing

Lendistry Receives SBA Approval for Community Advantage Program

Lendistry Receives SBA Approval for Community Advantage Program

Lendistry announced today it received approval from the U.S. Small Business Administration (SBA) to be a Community Advantage SBA lender. The Community Advantage program was designed to meet the credit, management, and technical assistance needs of small businesses in underserved…

Digital Marketing Helps Innovative Online Finance Broker Make a Nationwide Impact

A Surrey-based company has developed a reputation as one of the country's leading online finance brokers thanks to innovative digital marketing techniques. Solution Loans recognised that developing a strong online presence and building trust was fundamental to their success. To this…

Illinois Small Business Defaults Up in March

Illinois Small Business Defaults Up in March

PayNet, the leading provider of small business credit data and analysis for the commercial and industrial lending industry, reports that in March 2017 overall defaults increased within small businesses in Illinois, with default rates in 10 of the 18 major…

Pennsylvania Small Business Defaults Increasing in March

Pennsylvania Small Business Defaults Increasing in March

In March 2017, small business loan defaults worsened in Pennsylvania, according to data announced by PayNet. Of the 18 major industries, 9 rose and 8 dropped in the state. Despite a 9 basis point climb from February, Pennsylvania's 1.85% PayNet…

New York Small Business Defaults Up in March, Borrowing Falls

New York Small Business Defaults Up in March, Borrowing Falls

Data released by PayNet show that more New York small businesses defaulted on loans and the level of borrowing activity fell in March 2017. The data suggest that economic conditions in the state may significantly weaken. In spite of an…

Small Business Defaults in Florida Unchanged in March

Small Business Defaults in Florida Unchanged in March

PayNet, the premier provider of credit ratings on small businesses, announces that in March 2017, the percentage of Florida's small businesses defaulting on loans has not changed. Of the 18 major industries, 9 improved and 9 worsened. PayNet’s Small Business…

Small Business Borrowing in New Jersey Falls in March

Small Business Borrowing in New Jersey Falls in March

PayNet, the leading provider of credit ratings on small businesses, announces that in March 2017 New Jersey’s small firm borrowing activity decreased, with 11 of the 18 major industries falling in the state. New Jersey's PayNet Small Business Lending Index…

Small Business Defaults in Michigan on the Rise in March

Small Business Defaults in Michigan on the Rise in March

PayNet, the premier provider of credit ratings on small businesses, announces that in March 2017 a greater number of small firms defaulted on loans in Michigan, with default rates in 10 of the 18 major industries rising in the state.…

Pendo Launches Automated USPAP Standard 3 Compliance Tool and Proprietary Appraiser Recruiting Tool

Pendo Launches Automated USPAP Standard 3 Compliance Tool and Proprietary Appraiser Recruiting Tool

Pendo, a nationwide appraisal management company (AMC), has launched an automated USPAP (Uniform Standards of Professional Appraisal Practice) Standard 3 compliance tool to add to their list of proprietary technology solutions for appraisal management. The company has also developed an…

AutoZoom Introduces More Robust BHPH Scoring System

AutoZoom Introduces More Robust BHPH Scoring System

AutoZoom announces the most impressive enhancements to date to its Buy-Here-Pay-Here (BHPH) online Risk-Management SaaS and underwriting guide. AutoZoom ANGL and ANGL Lite are in production and available now. AutoZoom ANOVA which combines extracted historical dealership DMS data and cumulative…

Lendistry Adds Janet Perez to Business Development Team

Lendistry Adds Janet Perez to Business Development Team

​Lendistry announced today that Janet Perez has joined their Business Development Team as Vice President. Prior to joining Lendistry, Ms. Perez was a Sales Finance Manager at World Business Lenders. “Janet shares Lendistry’s passion for small business,” says Everett K.…

Former NBA Star John Salmons Announced as Keynote Speaker at Philadelphia Business Symposium

Former NBA Star John Salmons Announced as Keynote Speaker at Philadelphia Business Symposium

John Salmons is best known as a star college and NBA player, but he has also found success in his post-basketball career as an entrepreneur and investor. Salmons will be the keynote speaker at “Conversation on Entrepreneurship & Business Capital”…

Signature Bank Launches 48-Hour Conditional Loan Approval Program

Signature Bank, the only community bank headquartered in Sandy Springs, launched what promises to be a popular new program on April 3rd designed to take the loan approval process for businesses to a refreshingly, quick-response-time standard.   The 48-Hour Conditional Loan…

Fans Mourn Death of Popular "Money Mark" Grissom

Fans Mourn Death of Popular "Money Mark" Grissom

  ​It is with great sadness today that Allan Jones, founder and CEO of Check Into Cash®, announces the passing of Mark Grissom, 53, the company’s national spokesman, better known as “Money Mark.” Grissom died unexpectedly over the weekend from…

How to Get the Best Deal at Pawn Shops – Free Guidebook

How to Get the Best Deal at Pawn Shops – Free Guidebook

Many immigrants turn to pawn shops for short-term loans because they don’t have any credit. Most of these consumers face a language barrier when they walk into a pawn shop for the first time, and as a result, most pawn brokers…

Gold Star Mortgage Financial Group, Corporation Inducted Into Ellie Mae Hall of Fame for Third Time

Gold Star Mortgage Financial Group is pleased to announce  its induction into the 2017 Ellie Mae Hall of Fame, marking the third time they have been honored for having distinguished themselves through industry leadership and innovative use of technology. Previously…

Castellan Capital closes over $50,000,000 of loans in beginning of 2017

Castellan Capital closes over $50,000,000 of loans in beginning of 2017

Castellan Capital, a leading commercial real estate lender, announced today that it has funded over $50,000,000 of loans in 2017 year to date. Highlights of closed loans include: $18,000,000 to refinance a mixed-use property in Bronx, NY $15,000,000 to refinance…

radius financial group inc. Continues Their Aggressive Growth Into 2017 Announcing the Hiring of Stephanie Fazio, Director of Strategic Initiatives

radius financial group inc. Continues Their Aggressive Growth Into 2017 Announcing the Hiring of Stephanie Fazio, Director of Strategic Initiatives

​​​Along with a keen understanding of the mortgage industry, Fazio brings extensive risk management, compliance, business process transformation, organizational goal setting and technical planning to her position as Director of Strategic Initiatives at radius financial group. Before joining radius, Fazio…

Check Into Cash Launches Love Your Heart Campaign for American Heart Month

Check Into Cash, a national leader in alternative financial services, recently launched its #LoveYourHeart campaign. February is American Heart Month and Check Into Cash is proud to join the fight against cardiovascular diseases and stroke. We encourage you to educate…

Patch of Land Adds Veteran Executives to Accelerate the Growth of the Online Real Estate Lending Marketplace and Crowdfunding Leader

​​​Patch of Land, a leader in the online real estate lending marketplace using a technology-rich crowdfunding platform, has rounded out its management team with CMO Robert Greenberg, a proven, data-driven real estate finance marketing expert; and CFO Min Lee, a…

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