Podcast: How fiscal stimulus counters rate hikes and props up capital investment
“Capital investment has surprised a great bit of our economy and the business community,” says…
“Capital investment has surprised a great bit of our economy and the business community,” says…
Many fintech firms’ offerings are narrow, leaving them unable to meet growing businesses’ capital needs. In contrast, most banks can work with businesses as they grow.
“Often, economic change occurs at this level of the economy,” says Umpqua Bank EVP Richard Cabrera about the middle market of the commercial sector. “While economic concerns still linger, there’s tremendous optimism.”
Julieann Thurlow, ABA’s 2023-24 chair, unites financial inclusion and financial innovation.
Corporate CFOs and finance leaders are “best leading indicators.” says Stephen Philipson, head of global markets and specialized finance at U.S. Bank. “They always have to be looking ahead.”
Given the diversity of the CRE sector, banks should not be painted with the broad brush of urban office space exposures.
In the wake of a judge’s order delaying compliance dates with the CFPB’s Section 1071 final rule for Texas Bankers Association and ABA members, TBA and ABA today asked CFPB Director Rohit Chopra to use his discretion to apply the stay to all FDIC-insured banks.
A federal judge in Texas today issued an order blocking enforcement of the Consumer Financial Protection Bureau’s Section 1071 final rule while the Supreme Court hears a challenge to the constitutionality of the CFPB’s funding structure.
Special-purpose credit programs build on data sharing to expand lending outreach.
Rising costs and higher interest rates highlight the increased importance of small-business access to capital. Fintech firms might have faster approval processes, but highly regulated bank options and programs coordinated with the SBA provide more flexibility at competitive rates.