Wed.Oct 09, 2024

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TMC Financing Celebrates Four Consecutive Years as the Nation’s #1 SBA 504 Lender, Breaking New Records

TMC Financing

490 Small Businesses Served, Securing Over $1.8 Billion in Total Financing for Fiscal Year 2024 For the fourth consecutive year, TMC Financing is named the No. 1 U.S. Small Business. The post TMC Financing Celebrates Four Consecutive Years as the Nation’s #1 SBA 504 Lender, Breaking New Records appeared first on TMC Financing.

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Crafting an effective CECL Q factor framework for stronger risk management

Abrigo

How to build a successful Q factor framework under CECL Understanding the quantitative side of the CECL calculation means developing defensible qualitative factors, or Q factors. Learn best practices to adjust for risk. Would you like other articles on CECL and Q Factors in your inbox? Takeaway 1 Q factors offer a way to adjust for risks that aren't fully captured in historical data or quantitative models Takeaway 2 Building a robust Q factor framework requires a systematic approach, regular mon

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Spreadsheets in accounting – use fewer of them but learn how to build them better

blue dot counseling

I come to praise spreadsheets not to bury them - but you may not have the balance right. The post Spreadsheets in accounting – use fewer of them but learn how to build them better appeared first on Blue Dot Consulting.

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Cyber Week Coupons: How To Automate On BigCommerce

Grit

With the right strategies in place during Cyber Week, you can maximize your sales and attract more customers. One effective way to do this is by utilizing coupons to incentivize purchases. In this blog post, we’ll explore how to automate Cyber Week coupons and their management on BigCommerce, streamlining your promotional efforts and ensuring you get the most out of Cyber Week.

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Magic Mushroom research company and founders charged in million-dollar scheme

Due

The Securities and Exchange Commission (SEC) has charged a company with fraud for researching, producing, and distributing psilocybin (Magic) mushrooms and making illegal financial gains in the process. The company Minerco Inc., the founders Bobby Shumake Japhia, and Julius Makiri Jenge have all been included in the regulators’ charges for their part in a pump-and-dump scheme that defrauded investors out of approximately $8 million while generating millions of dollars in ill-gotten proceed

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TreviPay Wins Platinum for Banking Innovation at Juniper Awards

TreviPay

TreviPay Awarded Platinum for Banking Innovation of the Year at 2024 Juniper Research and Fintech Digital Awards TreviPay has been honored as the Platinum Winner in the “Banking Innovation of the Year” category at Juniper Research’s 2024 Future Digital Awards for Fintech & Payments. This prestigious recognition was awarded for TreviPay’s Financial Partner Gateway , a solution that has made significant strides in advancing banking innovation.

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AI in credit management: Useful but limited? 

Onguard

The surge in popularity of ChatGPT in late 2022 has put AI in the spotlight for its potential to streamline work processes in every business, including the finance sector. How do organisations perceive and leverage AI to optimise their processes and what is the role of the finance professional in this landscape? This is what we attempted to explore in our latest research, entitled “ The future of credit management: AI and the role of the finance professional ”, deriving input from 30 interim pro

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84 Satisfying Ways to Save Money — You Wouldn’t Expect to Save This Much in ONE WEEK

Due

Despite what you may believe, it doesn’t have to be a chore to save money. By tweaking your habits, you’ll see your bank account grow while feeling empowered and accomplished. Don’t believe me? Look at these 84 ideas to make saving money a fun and rewarding experience. You have likely heard of some of these ideas or suggestions before.

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HS2. A solution at last

Cpcmcredit Blog

The news today that HS2 will be extended in a “light” form to Manchester and would terminate at Euston rather than Old Oak Common is welcome but is surely a straightforward practical solution to what has been built up as an intractable problem This blog avoids party politics but the previous administrations muddle over this (specifically Rishi Sunak) was extraordinary.

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Decoding factors influencing mortgage rates

Due

Numerous factors influencing the rise and fall of mortgage rates. One of the key reasons behind the recent surge in mortgage rates, despite the Federal Reserve’s decision to cut interest rates, is the significant increase in the MOVE Index. This article aims to provide an in-depth understanding of the relationship between mortgage rates, the 10-year treasury rate, individual credit scores, and the MOVE Index.

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Time to defeat the “nimby’s”

Cpcmcredit Blog

At the risk of fawning over this surprisingly unpopular new Government, another piece significant news has appeared which I believe demonstrates their commitment to business and the economy A £750 million film studio near Marlow has been given the go ahead against the wishes of the local council who had rejected the plans. The studio is being built on seemingly desolate landfill sites outside the town but the protests are seemingly purely based on the poster captioned above How ridiculous.

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Senior Living Sector ‘Not Out of the Woods’ Despite Fall in Defaults, Reorg Data Shows

Reorg Blog

Distress still plagues the sector despite a decline in monetary and covenant defaults since 2021, according to data collected by Reorg.

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Checklist To Prepare Black Friday Banner On BigCommerce

Grit

As Black Friday approaches, retailers are gearing up for one of the year’s busiest shopping days. A standout banner can be the key to attracting customers and driving sales on your BigCommerce store. In this blog post, we’ll provide a comprehensive checklist to help you create an eye-catching and effective Black Friday banner. From design elements to strategic messaging, we’ll cover everything you need to ensure your banner not only grabs attention but also converts visitors into buyers.

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Obra Capital Engages JP Morgan to Arrange Debut CLO 

Reorg Blog

Obra Capital is working with JP Morgan on its inaugural CLO transaction, according to market sources.

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Home Equity Loans For First-Time Buyers: A Double-Edged Sword

Due

Across North America, housing affordability remains a thorn in the side for young aspiring would-be buyers who have largely been priced out of the market. Several years of interest rate hikes by central banks, coupled with rising home prices and stronger-than-ever demand, have made purchasing a home nearly impossible. Although challenging housing market conditions continue to persist, near-term improvements have started showing face on the horizon, which could potentially provide a turnaround fo