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Commercial Banking Press Releases

Redi Enterprise Development Enhances RediVerify – Industry Leading Fraud Prevention Solution

Redi Enterprise Development Enhances RediVerify – Industry Leading Fraud Prevention Solution

Redi Enterprise Development is a leading risk management software provider with a comprehensive suite of lending, compliance, and fraud prevention solutions. Through Redi’s unmatched, superior service, they focus on reducing operational risk for institutions, allowing financial institutions to focus on…

Redi Enterprise Development Introduces an Enterprise Notification Platform

Redi Enterprise Development Introduces an Enterprise Notification Platform

Redi Enterprise Development is a leading risk management software provider with a comprehensive suite of lending, compliance, and fraud prevention solutions. Through Redi’s unmatched, superior service, they focus on reducing operational risk for institutions, allowing financial institutions to focus on…

The Sharper Edge: Cutting Through the Noise: An Edge Consultancy Newsletter

In the attached: The Sharper Edge: Cutting Through the Noise: An Edge Consultancy, LLC Newsletter, Edition 5, Volume 1, you will find articles titled “Technology Sprawl: A Growing Hindrance or Enabler?” and “Taking the Cookie Cutter out of Technology Selection”.…

Parabole 'Knowledge. Automated' Closes $1,200,000 Financing to Fund Expansion and Use Case Development

Parabole 'Knowledge. Automated' Closes $1,200,000 Financing to Fund Expansion and Use Case Development

Parabole LLC, (“Parabole”) (parabole.ai), a knowledge-based cognitive computing company with powerful solutions in regulatory analysis and risk compliance management for banks and other financial institutions announced today that it has received an additional $700,000 in the form of 8 percent convertible notes from…

Capital Access Group Provides Calitho With $3,340,000 in SBA 504 Funds to Purchase Property and to Construct a 19,000 Sq. Ft. Building at 2351 Stanwell Drive, Concord, CA

Capital Access Group Provides Calitho With $3,340,000 in SBA 504 Funds to Purchase Property and to Construct a 19,000 Sq. Ft. Building at 2351 Stanwell Drive, Concord, CA

Capital Access Group (www.capitalaccess.com), a San Francisco-based commercial real estate lender specializing in U.S. Small Business Administration 504 loans for growing businesses, provided $3,340,000 in SBA 504 financing to Calitho, a certified Women's Business Enterprise led by President and CEO…

Cyber Risk Management Firm Sera-Brynn Expands Services for New York Financial Institutions

​Sera-Brynn, LLC, a cyber risk management firm, has expanded its services to bring new capabilities and innovation to the financial services market. Sera-Brynn's advisory service will help New York's financial sector become compliant with the New York State Department of…

Futurist Jack Uldrich to Speak on the Future of Wealth Management and Banking in Four Cities in Four Days

Futurist Jack Uldrich to Speak on the Future of Wealth Management and Banking in Four Cities in Four Days

Starting tomorrow, acclaimed financial futurist and best-selling author Jack Uldrich will begin a series of four separate presentations on the future of finance in four consecutive days. His first presentation will be for leaders with Atlantic Trust in Denver, Colorado,…

Missouri Small Business Defaults Up in July

PayNet, the premier provider of small business credit data and analysis for the commercial and industrial lending industry, announces that in July 2017 a greater number of small firms defaulted on loans in Missouri, with default rates in 12 of…

Small Business Defaults in Washington on the Rise in July

Small Business Defaults in Washington on the Rise in July

PayNet, the premier provider of small business credit data and analysis for the commercial and industrial lending industry, announces that in July 2017 overall defaults increased among Washington's small businesses, with default rates in 10 of the 18 major industries…

Small Business Defaults in Arizona on the Decline in July

Small Business Defaults in Arizona on the Decline in July

PayNet, the leading provider of small business credit assessments on private companies, announces that in July 2017 overall defaults improved among small businesses in Arizona, with default rates in 12 of the 18 major industries falling in the state. Following…

Small Business Borrowing in Louisiana Stalls in July

Small Business Borrowing in Louisiana Stalls in July

​PayNet, the premier provider of credit ratings on small businesses, announces that in July 2017 borrowing is stagnant in Louisiana. Of the 18 major industries, 12 showed gains and six fell in Louisiana. Louisiana's PayNet Small Business Lending Index (SBLI)…

Small Business Defaults in California Unchanged in July

Small Business Defaults in California Unchanged in July

​In July 2017, small business loan defaults remained unchanged in California's business community, according to data announced by PayNet. Of the 18 major industries, 9 dropped and 7 rose. Following comparable behavior to June, California's PayNet Small Business Default Index…

Colorado Small Business Defaults Increasing in July

Colorado Small Business Defaults Increasing in July

​In July 2017, more small businesses defaulted on loans in Colorado, according to data announced by PayNet. However, of the 18 major industries, 13 decreased in the state. Following a 2 basis point increase from June, Colorado's PayNet Small Business…

Small Business Defaults in Florida Up in July

Small Business Defaults in Florida Up in July

​PayNet, the leading provider of small business credit assessments on private companies, announces that in July 2017 the percentage of Florida's small businesses defaulting on existing loans has risen. Of the 18 major industries, defaults rose in 11 and fell…

Small Business Borrowing in Georgia Stalls in July

Small Business Borrowing in Georgia Stalls in July

​In July 2017, borrowing remained stagnant in Georgia, data released by PayNet indicates. Of the 18 major industries, 9  decreased and 9 rose in Georgia. The PayNet Small Business Lending Index (SBLI) for Georgia registered at 94.9, performing comparably to…

Illinois Small Business Defaults Up in July

Illinois Small Business Defaults Up in July

​In July 2017, overall small business loan defaults increased in Illinois, despite default rates in 11 of the 18 major industries falling in the state, data released by PayNet reveals. PayNet’s Small Business Default Index (SBDFI) for Illinois registered at…

Captis Intelligence Announces Investment and Appointment of David Leppan to Board of Directors

Captis Intelligence Announces Investment and Appointment of David Leppan to Board of Directors

Captis Intelligence, formerly Qface Systems, a leading provider of I-4 crime solutions (Intelligence, Information, Investigation, Identification) has announced the appointment of David Leppan to Board Member and Chairman of their Board of Advisors. Leppan, founder of World-Check (now part of…

FastPay and Tennenbaum Structure an Innovative $80MM Credit Facility for Videology

FastPay and Tennenbaum Structure an Innovative $80MM Credit Facility for Videology

FastPay, a prominent financial technology company that provides lending and payment solutions to digital businesses, along with Tennenbaum Capital Partners, LLC today announced the close of an $80 million international credit facility for Videology. Videology is a leading, global converged…

Lendistry Receives $3MM Commitment From Community Bank, a Partnership Aimed at Investing in Southern California’s Small Businesses

Lendistry Receives $3MM Commitment From Community Bank, a Partnership Aimed at Investing in Southern California’s Small Businesses

​In the 1920s, Los Angeles was a prosperous city. The population was growing thanks to the burgeoning Hollywood film industry, but with little else to service local residents, opportunity was ripe. It’s no wonder Charlie and Howard Cook chose this…

Thomas H. Edwards to Retire as President and Chief Credit Officer of Horizon Bank and appointment of Dennis J. Kuhn, as Executive Vice President & Chief Commercial Banking Officer

Thomas H. Edwards to Retire as President and Chief Credit Officer of Horizon Bank and appointment of Dennis J. Kuhn, as Executive Vice President & Chief Commercial Banking Officer

Horizon Bancorp (NASDAQ:HBNC) announced Thomas H. Edwards, will retire as President and Chief Credit Officer of Horizon Bank (“Horizon Bank”) and Executive Vice President of Horizon Bancorp (and together with Horizon Bank, “Horizon”) on December 31, 2017. Mr. Edwards has…

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