VCFO

JULY 15, 2022

Constrained Capital Resources – Because Reserve Based Lending (RBL) institutions and debt investors are seeing less exposure in the upstream oil and gas sector, fewer of them are lending dollars to companies in the OFS space. Firm Up Financials – Investors want confidence in those they lend to.

Restructuring 73

Restructuring Prioritization Auditing Transportation 73

Accountancy Today

APRIL 12, 2023

The agreement will enable IFA members – SME accountants – to support their clients with access to non-traditional routes of funding through White Oak’s portfolio of lending products.

Finance 52

Finance Invoicing Accounting Leverage 52

Musings on Markets

MAY 5, 2023

A bank collects deposits from customers, offering the quid quo pro of convenience, safety and sometimes interest income (on those deposits that are interest-beating) and either lends this money out to borrowers (individuals and businesses), charging an interest rate that is high enough to cover defaults and leave a surplus profit for the bank.

Banking 76

Banking Profit and Loss Securities Investments 76

PYMNTS

SEPTEMBER 21, 2020

Decades ago, asset-based finance developed a nasty reputation. As a financing tool that requires business owners to place valuable assets — whether working capital or physical — up for collateral, asset-based financing (ABF) was often viewed as a solution to a dire problem when no other options were available.

Finance 102

Finance Manufacturing Construction Banking 102

Future CFO

AUGUST 24, 2023

The underlying macro picture for global credit has improved since the beginning of the year, although tighter lending conditions and hawkish central bank policy underscores the outlook for a cyclical deceleration, the firm noted.

Credit Risk 52

Credit Risk Valuation Forecasting Banking 52

Nerd's Eye View

DECEMBER 26, 2023

Rob is the CEO and Founder of NorthRock Partners, an RIA based in Minneapolis, Minnesota, that oversees $5 billion in assets under management for 1,500 client households. Welcome to the 365th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Rob Nelson. Read More.

Leadership 54

Leadership Leverage CFO Planning 54

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Based in France, Memo Bank announced a $22.5 million investment round this week. Aye Finance.

Startups 115

Startups B2B Finance Accounts Payable 115

PYMNTS

AUGUST 10, 2020

For small- and medium-sized businesses in B2B industries like construction and manufacturing, the need for alternative funding products like asset-based loans and factoring could see an increase amid supply chain disruptions and B2B payment delays. Traditional bank loans aren’t always easy to access, either.

B2B 52

B2B Finance Construction Transportation 52

PYMNTS

JANUARY 22, 2021

The bank wants to classify non-bank financial companies as one of four categories, based on circumstances like the size of assets, according to a discussion paper seen by Bloomberg. However, others piled on risk, he said, lending long-term loans while also raising short-term cash.

Banking 109

Banking Financial Systems Leverage 109

Future CFO

SEPTEMBER 25, 2023

The trust sector could face liquidity risks during the property downturn, impacting the underlying asset quality and liquidity of trust plans, Moody’s said. Smaller banks are more exposed to potential spillover risks as they are net lenders to NBFIs, while large banks remain risk-averse on NBFI lending, the firm said. It fell to 39.2%

Financial Systems 52

Financial Systems Banking Investments Planning 52

CFO News Room

NOVEMBER 9, 2022

Having enough income-producing assets working in your favor can make it possible to “live rich” – or at least get by – without ever having to clock in for an employer again. These people have income-producing assets spinning off profits or dividends, and they use those funds to pay for their bills and lifestyle.

Profit and Loss 130

Profit and Loss Investments Accounting Marketing 130

Nerd's Eye View

MAY 5, 2023

Also in industry news this week: Legislation working its way through Congress would allow for electronic delivery of documents to clients of advisors and other financial services firms by default, though it has been met with some opposition While RIAs have outpaced wirehouses in terms of client asset growth and headcount, industry consolidation has (..)

Practice Management 75

Practice Management Compliance Investments Numbers 75

PYMNTS

NOVEMBER 15, 2020

arm of Spain-based BBVA for over $11 billion, which could be one of the largest bank acquisitions since the financial crisis over a decade ago, The Wall Street Journal (WSJ) reported, with the deal potentially announced as soon as Monday (Nov. BBVA bought Alabama's Compass Bancshares in 2007 and has around $100 billion in assets in the U.S.,

Mergers and Acquisitions (M&A) 99

Mergers and Acquisitions (M&A) Banking Sales Retail 99

PYMNTS

AUGUST 21, 2020

While Chinese traders are limited to the purchase of up to $50,000 of foreign currency annually, the volume suggests stablecoins could be being used to circumvent the regulation, according to Chainalysis , the New York-based provider of regulatory compliance software. But the government has cracked down on some of these methods.

Currencies 139

Currencies Compliance Economics Investments 139

PYMNTS

JANUARY 5, 2020

India’s state-owned banks are going through changes that could mean an overhaul in business lending, The Economic Times (ET) reported on Friday (Jan. Based on net current assets, the system for corporate borrowers was considered flawed, having loaned too much money to some businesses and too little to others. .

Banking 52

Banking Economics Finance Sales 52

PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. based startup that announced a $1 million seed investment round that it plans to use for growth and product development. Bookkeeper360. With headquarters in both the U.K.

B2B 81

B2B Securities Startups Investments 81

PYMNTS

SEPTEMBER 14, 2020

New Chinese finance rules will force Ant Group to comply with regulations to back up any payments, lending or other finances with substantial capital, according to a report from The Wall Street Journal (WSJ). billion) in cash assets. 1, and will have to apply for a license to do so. As of June 30, the company had 71.4

Finance 64

Finance Banking Technology 64

PYMNTS

MARCH 10, 2020

The offering occurs following Blockchain’s opening of an institutional lending desk last summer. Lending has become a quickly growing area in the digital currency sector. The news comes after Valar Ventures lent a hand in a $30 million second round of financing for digital currency trading and lending platform BlockFi.

Currencies 86

Currencies Retail Finance Accounting 86

PYMNTS

JANUARY 31, 2021

The corporate and specialty banking teams include divisions for Asset Based Lending, Equipment Finance, Institutional Healthcare and Higher Education, Commercial Real Estate and Global Trade Finance. Small Business Administration (SBA) lending, according to the release.

Banking 72

Banking Nonprofit Healthcare Treasury 72

PYMNTS

AUGUST 23, 2020

For example, based on weak returns, the newspaper reports HSBC is planning to trim 15 percent of its workforce. In the Netherlands, ABN Amro Bank , one of the 15 largest global banks, is jettisoning trade financing and lending with corporate customers outside of Europe.

Banking 83

Banking Restructuring Numbers Planning 83

PYMNTS

NOVEMBER 23, 2020

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Blockchain and a bank charter might do much to boost financial inclusion.

Banking 86

Banking Leverage Compliance Technology 86

PYMNTS

SEPTEMBER 14, 2020

Plus, new regulations in China will make Ant Group support any payments, lending or finances with substantial funds. California-based Oracle Corp. Chinese online commerce firm Alibaba Group is reportedly in discussions to invest $3 billion in Grab Holdings, which is based in Singapore and best renowned for its ridesharing business.

Technology 59

Technology Investments Valuation Treasury 59

PYMNTS

FEBRUARY 18, 2020

LendingClub provides personal lending online, and it wants access to funding that is more stable and not as expensive. Radius is based in Boston and has in the neighborhood of $1.4 billion in assets. FinTech LendingClub is purchasing Radius Bancorp for $185 million in cash and stock, according to a report by CNBC.

Banking 97

Banking Valuation Startups Accounting 97

PYMNTS

DECEMBER 1, 2020

based Advantedge Commercial Finance, according to a Tuesday (Dec. Miami-based eCapital said the move will allow it to expand its geographical footprint beyond North America and add to its specialty lending solutions, such as factoring. Alternative lender eCapital is expanding its global footprint by acquiring U.K.-based

Invoicing 60

Invoicing Finance B2B 60

PYMNTS

DECEMBER 28, 2020

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The Singapore-based platform has an active presence in India and aims to move into Europe and the U.S. “We In other news, the U.S.

Securities 70

Securities Banking Investments Technology 70

PYMNTS

JANUARY 14, 2021

Wells Fargo’s Canadian Direct Equipment Finance business is based in Ontario and has other offices throughout Canada in locations such as Calgary and Montreal. billion) in assets and more than 120 staffers. The business has 1.5 billion Canadian dollars (approximately $1.2

Finance 61

Finance Banking Technology B2B 61

CFO News Room

JANUARY 27, 2023

Public’s platform also gives you access and exposure to asset classes like ETFs , crypto , luxury goods, and artwork. They plan to add real estate and music royalties to this list of asset classes soon. It also has US-based licensed specialists who are available for professional support. According to Public, about 4.9%

Investments 130

Investments Education Accounting Finance 130

PYMNTS

FEBRUARY 11, 2019

As noted by Forbes , the study found that a minority — make that 26 percent — of regulatory agencies surveyed by the FSB actually have definitions of FinTech lending in place. Those definitions stretch across peer-to-peer (P2P) lending or marketplace lending, for example.

Leverage 78

Leverage Leadership Banking Financial Systems 78

Future CFO

JULY 24, 2023

trillion of unexited assets, limited partners (LPs) are feeling a liquidity crunch, according to the firm’s Private Equity Midyear Report 2023 based on a recent survey. trillion across all private asset class strategies, with about 75% of that defined as “fresh,” meaning less than three years into the investment period.

Investments 52

Investments Economics Accounting Marketing 52

PYMNTS

NOVEMBER 24, 2019

The application describes a distributed ledger-based version of floorplan lending, a revolving line of credit that allows car dealers to borrow against their retail inventory. Not only is JPMorgan and Chase Auto seeking to solve its own problem, basically it will benefit the vehicular and equipment industry at large,” Moy said.

Auditing 82

Auditing Manufacturing Finance Banking 82

Michigan CFO

DECEMBER 28, 2022

It’s the responsibility of the manufacturing business to demonstrate its solid financial outlook to the lending partner. In addition to the overall valuation, you’ll be able to demonstrate assets and liabilities clearly to the lender. Asset-based valuation is one of the most common methods for manufacturing business valuation.

Valuation 52

Valuation Manufacturing CFO Finance 52

PYMNTS

JANUARY 17, 2021

“I was surprised by the opportunity of monetization in 2020 during the pandemic, not just by our wealth accounts but also by lending,” Sharma said, according to the report. based asset management firm T. The company raised $1 billion in November 2019 and had a $16 billion valuation. That round was led by U.S.-based Rowe Price.

Investments 70

Investments Valuation Startups Accounting 70

CSC Advisors

JUNE 27, 2023

Although you may be eager to jump at the prospect of quickly acquiring “starter money,” navigating the lending process can be daunting. They take a calculated risk by providing financial assistance to a company in need of assets. These documents can slightly vary based on what lender you opt to work with.

Finance 52

Finance Investments Planning Economics 52

PYMNTS

NOVEMBER 13, 2018

The alliance includes a dozen firms that have between $251 million to $20 billion in assets. Among the names joining up are Citizens & Northern Bank (based in Pennsylvania), Inland Bank (Illinois) and Lincoln Savings Bank (Iowa). This time around, Sweetbridge is using blockchain in a lending context. Guidelines From The UK.

Banking 73

Banking Startups Economics Treasury 73

PYMNTS

DECEMBER 1, 2020

Plus, Altana raises funding for its supply chain technology, Velo Labs partners with Visa on SME lending and Google's former CEO backs a new tech fund. Glasgow-based bank Virgin Money has partnered with Redspire , a local FinTech, to help boost its presence in the business account market, according to a report from Daily Business Group.

B2B 56

B2B Banking Investments Accounting 56

PYMNTS

DECEMBER 2, 2019

Singapore-based FinAccel has raised $90 million in a funding round led by Asia Growth Fund (a joint venture between Mirae Asset and Naver) and Square Peg. The funding will be used to grow FinAccel’s credit lending app Kredivo, and develop additional financial services.

Risk Management 52

Risk Management Healthcare Startups Education 52

PYMNTS

JANUARY 11, 2021

Providence, Rhode Island-based Citizens Financial Group is advancing the reach of its national point-of-sale (POS) offering for merchants, renaming it Citizens Pay, the company announced Monday (Jan. The point-of-sale lending space is a high-growth area and attracts customers that exhibit strong credit performance,” added Rostami. “We

Education 76

Education Manufacturing Finance Retail 76