OnDeck released its Q3 SMB Cash Flow Trend Report with Ocrolus. SMBs continue to prioritize non-bank lenders to access capital (73% of owners bypassed banks) & 92% expect moderate to significant growth over the next 6 months. https://bit.ly/4fHhagp
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Some good information here. Small businesses remain optimistic about growth over the next couple quarters. To help finance that growth, they are often reliant on non-bank lenders. Large percentages of small business, including long-estaliblished small businesses, reported experiencing loan denials from banks.
OnDeck released its Q3 SMB Cash Flow Trend Report with Ocrolus. SMBs continue to prioritize non-bank lenders to access capital (73% of owners bypassed banks) & 92% expect moderate to significant growth over the next 6 months. https://bit.ly/4fHhagp
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In this episode of Receivables Roundtable, Chris Jenkins, SVP, Operations & Strategic Innovation at National Loan Exchange, Inc. (NLEX) talks about supply and demand in the debt buying marketplace within the historical context of the past several years as well as the fluxes we’re seeing today. https://zurl.co/NuLo1 #ReceivablesManagement #FinancialServices #FintechFinance
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Beat the bank and won big! 🏦✨ Congratulations on refinancing your rental unit at a rate that leaves the bank in the dust. Thanks for putting your trust in AC Lending Group to get the job done! Ready to outsmart your bank? Let's chat! #ACLendingGroup #FundedbyAlim #Refinance #BeatTheBank #RentalProperty #SmartFinance #InvestmentSuccess #PropertyInvestor
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Why compromise when you can have Cash bhi, Growth bhi at an incredible 10.45% – one of the lowest interest rates out there! With 50Fin, get a Loan Against Mutual Funds with zero pre-closure charges. Keep your investments intact while unlocking instant liquidity. It's the perfect way to balance your financial needs and portfolio growth! 50Fin helps you secure your future without compromise. Contact us today or visit our website to learn more. #CashBhiGrowthBhi #50Fin #LoanAgainstMutualFunds #LowestInterestRate"
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Plan for your future by saving smartly with Fixed Deposits! 💰 Secure your tomorrow, today. #smartsavings #fixeddeposits #secureyourfuture #wealthbuilding #financialplanning #growsavings #investwisely #longtermgoals #safeinvestment #futureready #smartinvesting #moneymatters #saveandgrow #financialsecurity
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In Finopotamus' latest article, Roy Urrico speaks with Steve Reider about Bancography's 2024 Outlook, including the importance of growing deposits and retaining branches. “You ask a senior exec what keeps them up at night, and they'd give you a roster of half a dozen different topics,” said Reider. “But, on the delivery side, particularly for a smaller institution, it becomes challenging because for the community bank or for the local community credit union, the branch is a differentiator." 🔗 Read the full interview here: https://lnkd.in/dpYfpnuc #2024Outlook #creditunions #fintech #deposits #branches
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Looking to boost commercial profits? Own the TM relationship. According to Curinos' Deposit Analyzer, clients with material treasury management (TM) relationships exhibit significantly higher levels of non-interest-bearing balances than non-TM clients. They also exhibit a much lower portfolio cost of funds and higher fee-based revenue. Taken together, it adds up to better economics for the bank. Read more from Quincy Meng: https://hubs.li/Q02ygwxx0 #commercialdeposits #interestbearing #noninterestbearing #depositgrowth #depositrepricing #depositcosts #commercialbanks #commercialbanking #Curinos
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Yesterday, Sirvatus was a sponsor at the LSTA Annual Conference! If you want to hear about how we're modernizing loan operations for direct lenders, please reach out to learn more 😊 #directlending #privatecredit #loanoperations
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EXTREMELY STRONG Q4FY24 RESULTS HAVE BEEN REPORTED BY JP POWER Q4FY24 Net Profit Of 589 CR VS Q3FY24 Net Profit Of 173 CR VS Q4FY23 Loss Of 44 CR This is the HIGHEST EVER QUARTERLY NET PROFIT🔥 HIGHEST EVER QUARTERLY EBITDA🔥 Large amounts of money aren't made by buying what everybody likes. They're made by buying what everybody Underestimates…. The excerpt is from the book "The Most Important Thing: Uncommon Sense for the Thoughtful Investor" by Howard Marks.
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