Podcasts about business lending

What does it really take to grow a business lending CUSO in 2026? Mark Ritter and Jeff Lyons pull back the curtain on eight years of organizational evolution, honest reflections on artificial intelligence, and where credit union technology is finally delivering results. From Microsoft Copilot upgrades that went from frustrating to impressive, to AI-assisted hiring wins, to the unfiltered reality of conference networking, this conversation is refreshingly direct. If you work in fintech or credit unions and want a perspective grounded in real experience rather than buzzwords, this episode is for you.What You Will Learn in This Episode: ✅ How credit union technology like Microsoft Copilot and ChatGPT has evolved from clunky early tools into genuinely useful platforms for business efficiency inside a growing CUSO.✅ Why a thoughtful approach to AI adoption paid off for MBFS, including a real example of how updated job descriptions powered by AI led directly to a successful hire.✅ How portfolio management practices and internal team development have transformed credit union growth at MBFS over eight years of organizational change.✅ What conference networking looks like today compared to 20 years ago, and why showing up at trade shows is now more about relationships than closing deals on the floor.Subscribe to Credit Union Conversations for the latest credit union trends and insights on loan volume and business lending! Connect with MBFS to boost your credit union's growth today.TIMESTAMPS: 00:00 Jeff Lyons reflects on eight years of credit union growth and his evolving COO role05:14 History of artificial intelligence, from Clippy to ChatGPT and credit union technology09:44 Honest take on Microsoft Copilot, AI adoption struggles, and real business efficiency gains14:21 How AI adoption improved hiring via smarter job descriptions and operational efficiency16:16 The changing reality of conference networking, trade show etiquette, breakfast buffets, and industry trends observations21:52 Wrapping up favorite conferences and final thoughts on AI adoption in credit union growthKEY TAKEAWAYS:

Credit union strategy takes center stage as Mark Ritter welcomes industry veteran Jay Murray to Credit Union Conversations. From teller to CEO, Jay's path through corporate credit union leadership shaped decades of collaboration within the credit union sector. He reflects on the financial crisis, regulatory gaps, and how shared services helped small institutions survive and scale. Jay also unpacks the importance of succession planning and why the cooperative model remains vital. His long-tail insight: Credit union succession planning strategies are essential for institutions that want to outlast their current leadership.What You Will Learn in This Episode: ✅ How credit union strategy evolves over decades, and why leaders who embrace credit union collaboration and shared services consistently outperform those who go it alone.✅ What the corporate financial crisis revealed about regulatory oversight and why understanding credit union history prepares today's leaders for tomorrow's risks.✅ Why succession planning at both the CEO and board level is the difference between an institution that thrives beyond its founder and one that quietly disappears.✅ How the cooperative model and financial literacy initiatives can position credit unions as indispensable community anchors in an increasingly corporate financial landscape.Subscribe to Credit Union Conversations for the latest credit union trends and insights on loan volume and business lending! Connect with MBFS to boost your credit union's growth today.TIMESTAMPS: 00:00 Jay Murray's origin story: from forestry dreams to credit union leadership and becoming a teller at a family savings and loan03:16 The early days of corporate credit union outreach, visiting 1,150 Pennsylvania credit unions 05:34 How Mid-Atlantic Corporate grew through mergers and rebranded as VIZO08:55 The financial crisis: what regulatory oversight missed and what the NCUA ultimately did 15:33 Building credit union collaboration through myCUservices and RKGO BIG19:57 Succession planning and forward-thinking board governance determine whether a credit union survives KEY TAKEAWAYS:

What does it take to lead a credit union from the inside out? Maurice Dawkins, CEO of American Spirit Federal Credit Union, built his career on preparation, passion, and people. From growing up in Jamaica to earning an accounting degree in Maine, Maurice never planned to run a credit union, but he proved he was built for it. His philosophy of staff training, member advocacy, and bold community lending helped American Spirit defy regulatory pressure and grow stronger. He also explains why increasing credit union marketing during periods of uncertainty and embracing artificial intelligence are essential moves for survival in today's financial landscape.What You Will Learn in This Episode: ✅ How credit union leadership is built through preparation and cross-departmental learning. Maurice explains why spending time in every department, especially accounting, is the foundation for anyone pursuing executive development in the credit union industry.✅ Why bold community lending decisions can define a credit union's long-term survival and strengthen its relationship with member advocacy.✅ How credit union collaboration among small and mid-size institutions creates a powerful alternative to expensive outside consulting, allowing credit unions to share strategies and grow together.✅ Why embracing artificial intelligence and increasing credit union marketing during uncertain economic times are the two forward-thinking moves every credit union leader should be making right now.Subscribe to Credit Union Conversations for the latest credit union trends and insights on loan volume and business lending! Connect with MBFS to boost your credit union's growth today.TIMESTAMPS: 00:00 Maurice shares his journey from Jamaica to Maine and how adaptability shaped his financial leadership03:13 How Maurice discovered the credit union industry and was promoted to VP before his first day on the job07:20 The history of American Spirit and how staff training and one-stop service drove credit union growth13:04 Maurice's advice on navigating regulatory challenges and standing firm on community lending decisions18:05 Why artificial intelligence and bold credit union marketing are the keys to staying relevant in today's landscapeKEY TAKEAWAYS:

What does it actually take to close the right deal for both the borrower and the credit union? Tom Halliday, head of business lending sales at MBFS, joins host Mark Ritter to answer that question with candor and expertise. From mastering the first-borrower conversation to navigating today's fierce loan-participation marketplace, Tom reveals why the best lenders act as trusted advisors, not order-takers. If your credit union is serious about growing its commercial loan portfolio while managing risk intelligently, this episode delivers the real-world insight you need.What You Will Learn in This Episode: ✅ How to approach the initial business lending conversation by focusing on borrower goals, experience, and story rather than jumping straight to documents and data.✅ Why today's market conditions demand that credit union relationship managers understand both geography and portfolio concentration before recommending any commercial real estate deal.✅ What factors beyond rate, including prepayment penalties, deposit requirements, and debt service coverage ratio covenants, shape a winning loan negotiation strategy?✅ How the loan participation marketplace has shifted dramatically, making speed and responsiveness essential for credit unions looking to grow their loan portfolio.Subscribe to Credit Union Conversations for the latest credit union trends and insights on loan volume and business lending! Connect with MBFS to boost your credit union's growth today.TIMESTAMPS: 00:00 Tom Halliday's background in small business lending and his journey to leading business lending sales at MBFS02:04 How MBFS has grown its loan origination team and what that expansion means for credit union partners03:03 The art of the first borrower conversation and why understanding goals matters more than gathering documents05:19 A breakdown of current market conditions, interest rates, and challenging sectors in commercial real estate10:00 Discussion of commercial loans and negotiations11:44 Inside the loan participation marketplace and why credit unions must move fast to secure deals today13:36 Tom's move to Tennessee and a fun trivia segment wrapping up the episodeKEY TAKEAWAYS:

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/In this episode, Mark Treichel responds directly to a podcast released by the American Bankers Association (ABA) titled “Are Credit Union Commercial Loans Risky Business?” — a 12-minute episode that contains significant factual errors, conflates distinct regulatory mechanisms, and presents advocacy as analysis.Mark draws on 33 years at NCUA — including eight years as Executive Director — and nearly six years in consulting to walk through eight specific claims from the ABA podcast, providing historical context, regulatory detail, and current data from NCUA call reports to address each one.Topics CoveredHistorical BackgroundThe ABA's 35-year campaign against credit union expansion — from the 1990 field-of-membership lawsuit argued for the ABA by then-attorney John Roberts, through the Supreme Court victory, through the congressional response with HR 1151, the Credit Union Membership Access Act of 1998, and the origin of the 12.25% MBL cap as a political compromise rather than a safety-and-soundness limit. How that cap ended up jumpstarting the credit union business lending industry — the law of unintended consequences.Claim 1 — The 2016 Rule Change Was a RelaxationMark untangles two separate errors: the invented waiver mechanism for exceeding the MBL cap (which does not exist — the cap is statutory and cannot be waived by NCUA) and the conflation of the loan-level underwriting waiver process (what actually changed in 2016) with the cap itself. Over 1,000 active waivers were on file before the change; NCUA replaced prescriptive checkboxes with a principles-based framework consistent with OCC and FDIC practice.Claim 2 — The MBL Cap Is NotionalEvery exemption the ABA criticizes — low-income designation, bank acquisitions — was created by Congress, not by credit unions circumventing the system. Using a congressionally authorized exemption is compliance, not circumvention.Claim 3 — The Low-Income Designation ExplosionThe total number of federally insured credit unions fell from 5,048 in 2021 to 4,374 by year-end 2025, a decline of more than 13% in four years. A shrinking denominator drives percentage increases independent of raw count changes. NCUA outreach encouraged eligible institutions to apply for a designation they were already entitled to.Claim 4 — NCUA Lacks Commercial Lending ExpertiseNCUA has had member business lending regulations since the 1980s, updated comprehensively in 2003 and modernized again in 2016. The agency maintains specialized commercial lending examination staff, concentration risk guidance, and net worth standards that apply to commercial lending activity.Claim 5 — Bank Acquisition Commercial Loan ComparisonWhen a credit union acquires a commercial bank, it acquires that bank's loan portfolio. The finding that post-acquisition credit unions carry more commercial loans is a mathematical inevitability, not evidence of a supervisory problem.Claim 6 — These Loans Haven't Been Through StressBank commercial real estate delinquencies peaked at 9% in 2009 and 2010 under OCC, FDIC, and Federal Reserve supervision. Current credit union commercial loan delinquency as of year-end 2025 is approximately 1% — or 0.44% using the 60-plus-day definition. Former NCUA Chairman Todd Harper has observed that well-underwritten member business loans have the ability to perform differently across economic cycles than auto or mortgage loans — diversification into business lending, done right, is a protection for the system.Claim 7 — Small Business Satisfaction DataThe Federal Reserve Small Business Credit Survey measures satisfaction among approved applicants at institutions borrowers chose to apply to — a population filtered by membership eligibility requirements. It is not a direct comparison between institution types. Credit unions consistently score among the highest of any financial institution type in the American Customer Satisfaction Index across the full membership.Claim 8 — The Tax Exemption and Level Playing FieldThe credit union tax exemption reflects the cooperative structure: member-owned, with earnings returning to members through lower loan rates, higher deposit returns, and reduced fees. Congress has reviewed this treatment many times and has chosen to maintain it.Takeaways for Credit Union ExecutivesKnow the history and be prepared to counter these arguments with facts. Run a well-managed institution with strong underwriting standards and appropriate capital. Engage proactively with your exam process. Know your data. Be skeptical of statistics presented without context.Resources Referenced•        Credit Union Conversations podcast with Mark Ritter (episode featuring former NCUA Chairman Todd Harper and Mike Radway on HR 1151 history)•        NCUA call report data, year-end 2025•        Federal Register — 2016 NCUA Member Business Lending rule•        America's Credit Unions Governmental Affairs Conference (GAC)

In 2025, credit union business lending quietly staged one of its strongest comebacks in years, and Mark Ritter has the numbers to prove it. From a 25% surge in business loan volumes to a 43% jump in participation loans, the recovery exceeded nearly every expectation. But Mark does not stop at the good news. He tackles the slow erosion of community lending, the growing threat of credit union mergers, rising delinquency rates, and an NCUA board in limbo that could create regulatory turbulence for years to come. This is the episode you forward to everyone in your network.What You Will Learn in This Episode: ✅ How credit union business lending rebounded in 2025, with industry-wide business loan volumes climbing over 25% and participation loans rising 43% after years of tightening liquidity.✅ Why credit union consolidation and ongoing credit union mergers are quietly weakening community lending and reducing the cooperative presence in local markets across the country.✅ How rising delinquency rates and increased charge-offs are signaling early stress in portfolios, particularly among larger institutions that leaned into big real estate loans without personal guarantees.✅ Why the NCUA board leadership gap is creating real strain on credit union examiners and slowing down the regulatory clarity that smaller credit unions desperately need.Subscribe to Credit Union Conversations for the latest credit union trends and insights on loan volume and business lending! Connect with MBFS to boost your credit union's growth today.TIMESTAMPS: 00:00 Credit union business lending volumes for 2025 are revealed, including a 25% industry-wide surge04:05 Participation loans jumped 43%, and MBFS crossed 1,000 loan underwriting milestones in a single year06:14 Mark has some random thoughts about the industry09:54 New people in the industry, credit union mergers, and consolidation are shrinking community lending and weakening local cooperative roots13:48 Rising delinquency rates and charge-offs signal growing portfolio stress tied to loosened business lending standards15:19 The NCUA board leadership vacuum is straining credit union examiners and stalling critical regulatory reliefKEY TAKEAWAYS:

What does it take to lead a community credit union for over a decade while honoring a 42-year legacy? In this episode of Credit Union Conversations, Mark Ritter talks with Amey Sgrignoli, CEO of Belco Community Credit Union, about navigating executive succession, evolving board governance, and building a standout brand in a competitive market. Amey shares how her roots in business lending shaped her leadership style and why strong member relationships, smart fintech partnerships, and a commitment to financial education remain at the heart of Belco's growth strategy.What You Will Learn in This Episode: ✅ How to navigate credit union leadership transitions from a long-tenured CEO while preserving institutional culture and accelerating forward momentum.✅ Why intentional board governance and proactive volunteer recruitment are critical to a community credit union's long-term health and strategic direction.✅ How to evaluate fintech partnerships with eyes wide open, protecting your brand reputation while still embracing digital banking innovation and technology.✅ How staying rooted in member relationships and financial education helps a growing credit union compete against larger regional banks and institutions.Subscribe to Credit Union Conversations for the latest credit union trends and insights on loan volume and business lending! Connect with MBFS to boost your credit union's growth today.TIMESTAMPS: 00:00 Introduction: Meet Amey Sgrignoli of Belco Community CU05:47 Lessons learned from an executive succession transition following a 42-year CEO legacy at Belco Community CU08:55 Evolving board governance, volunteer recruitment pipelines, and building a high-performing credit union board13:53 Being the face of the credit union community-wide18:53 Competing with larger institutions by leading with member relationships, branch technology, and financial education24:12 Evaluating fintech partnerships and using the CUSO model to access expertise beyond your asset sizeKEY TAKEAWAYS:

In the latest episode of Finance Specialist, hosts Liam Garman and Trent Carter examine the major banks' aggressive push into business lending and what it signals for brokers operating in the SME and commercial credit space. With latest data from the Australian Prudential Regulation Authority showing the top 10 banks' business lending books closing in on $1 trillion, the discussion unpacks why commercial credit has become such a priority for lenders. Carter explains how tightening margins in residential lending have driven banks to focus on higher-yielding, relationship-based business banking, where risk-adjusted pricing and cross-selling opportunities create stronger returns. The episode also considers what this competitive shift means for brokers. Garman and Carter break down how familiarity and trust keep many SMEs with major banks, while challenger banks and specialist lenders carve out space through flexibility and faster decision making. For brokers, the message is clear: understanding lender segmentation, defining a niche, and knowing which funder suits which scenario is increasingly critical as competition intensifies across Australia's commercial credit landscape.

Business lending expert Carrie Hutton shares her journey from military spouse to VP of documentation services at MBFS in this episode of Credit Union Conversations. Host Mark Ritter explores the critical components of the loan closing process, including essential entity documents, title work, and collateral valuations. Hutton reveals how proper documentation requirements for credit union business lending can dramatically reduce closing delays. From managing loan approvals to coordinating environmental due diligence, listeners gain insider knowledge on how to achieve faster, more efficient closings in commercial lending.What You Will Learn In This Episode:✅ The realistic timeline for closing commercial real estate loans versus equipment financing deals, and why business lending professionals should expect three to four weeks for real estate transactions, while non-real estate loans can close in under a week.✅ The four critical loan documentation requirements that consistently delay closings include entity documents with correctly spelled names, title work for correct vesting, accurate collateral valuation, and detailed loan approval documentation.✅ How credit union operations can avoid common mistakes in the loan closing process, including missing authorized signers on documents and delays caused by incomplete environmental due diligence or appraisal process issues.Subscribe to Credit Union Conversations for the latest credit union trends and insights on loan volume and business lending! Connect with MBFS to boost your credit union's growth today.TIMESTAMPS: 00:00 Introduction to business lending expert Carrie Hutton and her debut on the Credit Union Conversations podcast01:10 Carrie's banking career journey from military spouse employment at Bank of America in Japan to credit union roles04:05 Carrie's role managing the documentation services team and onboarding credit unions05:46 The ideal loan closing process timeline and managing appraisal process, flood certification, and environmental due diligence09:07 Common mistakes that delay closings, from missing authorized signers to incomplete loan approval detailsKEY TAKEAWAYS:

Send us a textMark Ritter, CEO of Member Business Financial Services, a Pennsylvania based CUSO, estimates that about 800 US credit unions do member business lending, meaning that perhaps 3700 don't.Many, many more could.  That is spelled out in HR 1151, the law that lets credit unions serve more than one employer group.  Passage of that law is detailed in CU 2.0 Podcast Episode 51 with Marc Schaefer, then the CEO of Truliant CU.If credit unions can make small business loans, why don't they - that's a question Ritter asks and answers in this show.But it also is very clear that he believes credit unions - and their members and communities - would be better served if more credit unions jumped into member business lending. The need on the part of small businesses is acute, many are turning to non traditional lenders who may charge as much as 40% APR.  Credit unions can play an important role in helping their communities' small businesses, says Ritter.Understand, too, that a CUSO like MBFS - and there are several competitors in the space - may source the loan, it will underwrite it, MBFS will say if it thinks the loan is a definite “yes,” a definite “no,” or - most likely - a maybe.  And if it's a maybe MBFS will relate the pros and cons of issuing the loan.The credit union provides the loan capital.  MBFS does the heavy lifting.In the show Ritter offers his unfiltered outlook for commercial real estate loans and also predicts a bump in delinquency rates - and yet he is bullish about member business lending in general.Ritter, by the way, has his own podcast.  Tune in for deep dives in member business trending.Listen up.Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.com  And like this podcast on whatever service you use to stream it. That matters.  Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/Episode Summary In this episode of With Flying Colors, I sit down with Mark Ritter, CEO of Member Business Financial Services (MBFS) and host of Credit Union Conversations. Mark brings decades of experience in credit union business lending, having built MBFS from a three-person startup into a nationwide CUSO serving over 60 employees and credit unions across the U.S. and Puerto Rico.We dive into:The evolution of member business lending—from the early “Lewis and Clark” days to today's robust systems and strategies.The current lending environment: strong demand, liquidity challenges, and why stable employment remains the backbone of a healthy business lending program.The opportunities ahead, including refinancing booms as interest rates decline and five-year resets approach in 2026–27.The Federal Credit Union Act's unintended consequences and how the 12.25% cap on MBLs reshaped the industry.Shifting NCUA exam culture—from transactional reviews to portfolio management—and what credit unions must do to stay ahead.Why relationships and annual portfolio reviews matter more than ever in building safe, sound, and mission-driven lending programs.Mark also shares his perspective on where credit unions should focus their energy: serving small businesses, veterans, and underserved communities, while avoiding mission drift into mega real estate deals that don't align with cooperative values.Whether you're a CEO, examiner, or just curious about the future of credit union business lending, this episode delivers insight, history, and strategy from one of the industry's most trusted voices.Resources & LinksLearn more about MBFS: mbfs.orgListen to Mark Ritter's podcast Credit Union Conversations on all major platforms.Connect with Mark Ritter on LinkedIn.

Discover the credit union trends that are driving success in today's credit unions. Join host Mark Ritter on Credit Union Conversations as he and Keith Koval explore credit union loan volume growth and business lending participation loans, shaping the industry. This episode explores the evolving landscape of credit unions, highlighting trends that are transforming member services and community impact. Learn how credit unions are thriving in Western Pennsylvania and beyond. Discover strategies to navigate delinquency rates and leverage business deposits to overcome a liquidity crunch. Stay ahead with insights on credit union advertising and community service, driving growth and success.WHAT YOU WILL LEARN IN THIS EPISODE:✅ How loan volume is rebounding with new and repeat borrowers.✅ The impact of credit union advertising on market visibility.✅ Why business lending remains a steady growth driver.✅ The rise of participation loans and improved liquidity.✅ How community service strengthens credit union appeal.Subscribe to Credit Union Conversations for the latest credit union trends and insights on loan volume and business lending! Connect with MBFS to boost your credit union's growth today.TIMESTAMPS: 00:00 Keith discusses the credit union advertising surge in Western Pennsylvania, boosting the loan volume uptick05:09 Participation loans up 102%, business loans are up 11% overcoming the recent liquidity crunch, reflecting a positive credit union trend10:14 Keith notes minor delinquency rates, not major foreclosures, aligning with credit union trends and business deposits up 8%12:17 Keith emphasizes a lower fee structure at credit unions compared to banks, a key advantage for attracting business deposits13:25 Mark discusses the rise of security fraud and phishing attacks targeting credit unions, urging vigilance within the credit union industryKEY TAKEAWAYS:

Want to stay ahead in the Credit Union industry? Curious about how Frank Diekmannn has shaped Credit Union Media? Join Mark Ritter on Credit Union Conversations and Frank Diekmannn, the visionary behind CU Daily, to unpack the evolution of Credit Union Media. From Trade Publications to navigating Press Releases, this episode uncovers the grit behind Credit Union Success. Expect a candid discussion on Conferences, Press Releases, and the power of the Opinion Section in driving the Credit Union industry forward.IN THIS EPISODE:.(00:00) Intro: Meet Frank Diekmannn(02:24) Frank's career journey from sports reporting to launching trade publications(03:27) Frank discusses the different credit union news media he has founded(05:30) From laborious phone sourcing to now journalism and press releases in the credit union's online media(09:21) Journalists need thick skin and curiosity to be successful(10:48) The evolution of the business model from print to digital, which is now ad-driven(14:54) Effective press releases must provide reader value for credit union success(18:07) Frank talks about his book, “501 Name Tags: How Everything You Need to Know About Business can be Learned at a Conference and Forgotten in the Trade Show.”(23:25) Discussion of what makes a valuable trade conference(27:45) Promotes CU Daily as the top news source with daily items, Opinion Section, and video for credit union successKEY TAKEAWAYS:Journalism in credit union media has evolved from labor-intensive reporting during the era of Credit Union Week to the digital CU Daily, requiring Frank Diekmannn to adapt to industry consolidation and modernize press releases for the success of credit unions.Effective press releases must answer "why should readers care?" to engage audiences, as Mark Ritter and Frank Diekmannn emphasize providing value over corporate puffery in conferences and trade publications.Frank Diekmannn highlights how credit union conferences have shifted from content for credit union success to vacation-like events.RESOURCE LINKS:Mark Ritter - WebsiteMark Ritter - LinkedInFrank Diekmann - LinkedIn501 Name Tags: How Everything You Need to Know About Business Can Be Learned at a Conference & Forgotten in the Trade Show eBook - AmazonCU Daily - WebsiteBIOGRAPHY:Frank is a longtime credit union journalist and has founded various publications throughout the years. In 2025, he formed The CU Daily, which amassed a strong following in its first year.KEYWORDS: Credit Unions, Frank Diekmann, CU Daily, Credit Union Media, Business Lending, Conferences, Journalism, News Junkie, Trade Publications, Press Releases, Marketing Director, Industry Consolidation, Sponsor Companies, Opinion Section, Credit Union Success

BUSINESS: Lending to small firms still below required level | Sept. 12, 2025Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https://tmt.ph/twitter DailyMotion - https://tmt.ph/dailymotion Subscribe to our Digital Edition - https://tmt.ph/digital Check out our Podcasts: Spotify - https://tmt.ph/spotify Apple Podcasts - https://tmt.ph/applepodcasts Amazon Music - https://tmt.ph/amazonmusic Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein #TheManilaTimes#KeepUpWithTheTimes Hosted on Acast. See acast.com/privacy for more information.

Calling all College Football fans, are you ready to kick off the season with some bold predictions? Want to know who's topping the Big 10 and SEC? Join us on this episode of MBFS Quick Hits, where Mark Ritter and Keith Koval from MBFS dive into the gridiron action. From Pittsburgh to Penn State, we're breaking down the teams to watch, like Alabama, Georgia, and Texas. Grab your game day gear and tune in for a chat that's all about the thrill of College Football!IN THIS EPISODE:(00:00) Intro: Meet Keith Koval(01:48) Keith shares his background as a Pittsburgh graduate and career path(04:10) Mark reflects on the joys of college football versus the NFL(06:02) Keith recalls childhood love for College Football, sparked by attending Pitt games(08:00) Predictions on the ACC and SEC for this year(10:54) Predictions on the Big 10(12:34) Notes Penn State's favorable schedule, key to winning the National Championship(15:07) Keith predicts Notre Dame in the National Championship, suggesting the winner of Ohio State vs. Texas is the other National Championship finalistKEY TAKEAWAYS:Penn State and Ohio State are predicted to lead the Big 10. Mark Ritter points out Penn State's loaded roster as a National Championship contender. At the same time, Keith Koval highlights their favorable schedule.In the SEC, Alabama, Georgia, Texas, LSU, and Mississippi are top picks, but Keith Koval notes their demanding schedules could impact National Championship chances.Clemson, Miami, Georgia Tech, Louisville, and SMU are Keith Koval's top ACC teams, with MBFS's Pittsburgh-based expert predicting a strong season driven by new coaches and key transfers.RESOURCE LINKS:Mark Ritter - WebsiteMark Ritter - LinkedInKeith Koval -| LinkedInKEYWORDS: College Football, Credit Unions, Business Lending, MBFS, Keith Koval, Mark Ritter, Pittsburgh, Penn State, Alabama, Georgia, Texas, LSU, Clemson, Miami, Georgia Tech, Louisville, SMU, Big 10, National Championship, Notre Dame, Football Season, Game Day, ACC, SEC

Mark and his two guests, Mike Radway and Todd Harper, go deep with a history lesson on the passing of HR 1151. This legislation paved the way for credit union growth in the past 25 years. Both Todd and Mike worked in the office of Rep. Paul Kanjorski at the time, who spearheaded the legislation. Every credit union employee who hasn't learned about this law should listen to why we have the successful industry we have today.IN THIS EPISODE:(00:00) This special episode is a historical background of the credit union industry(03:15) Todd Harper's his credit union background, noting his work on HR 1151(05:59) Mike Radway's 50-year credit union journey, influencing legislative affairs and HR 1151(09:35) Creation of the common bond credit unions, driven by financial services(11:55) Explanation of the Supreme Court ruling against the common bond credit unions, leading to HR 1151(17:53) Passing a bipartisan bill, establishing a cap on business lending, and providing consumer choice(26:21) Why it's difficult to pass legislation today(33:10) Surprise changes in the credit union industry over the past 25 or 30 years KEY TAKEAWAYS:HR 1151, the credit union membership access act, was pivotal in allowing common bond expansions, enabling credit unions to serve diverse groups and ensuring consumer choice despite Supreme Court challenges.A bipartisan effort by Paul Korski and Steve Ette, supported by Todd Harper and Mike Radway, drove the legislative affairs success of HR 1151, addressing the crisis consensus to protect credit unions.The business lending cap, a result of banking committee negotiations, spurred diversification and growth of community charter credit unions, strengthening the financial services industry.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInTodd Harper - LinkedInMike Radway - LinkedInBIOGRAPHIES: Todd Harper:Few people know federal financial services laws like me. That's because I've written, explained and implemented them for 25+ years. As an agency executive, policy entrepreneur, political strategist and press pro, I've identified emerging issues, shaped public opinion, built bipartisan coalitions and advised lawmakers and presidential appointees before the U.S. Senate twice confirmed me in the Trump and Biden eras. In the words of the American Banker, I'm “the rarest of Washington creatures: A regulator who actually gets along with everyone.”Mike Radway:Former Chief-of-Staff to Chairman of the National Credit Union Administration (NCUA).Former Professional Staff, House Banking/Financial Services Committee.Former Chairman, Federal Home Loan Bank of Seattle & Council of Federal Home Loan Banks.Former Chair, Early Care and Education ConsortiumFormer DNC Member, Biden delegate 2020, Obama 2012, Gore 2000Former Treasurer, Democratic Party of OregonKEYWORDS: Credit Unions, History Lesson, HR 1151, Todd Harper, Mike Radway, Membership Access, Financial Services, Community Charter, Business Lending, Common Bond, Legislative Affairs, NCUA Board, Bipartisan Effort, Consumer Choice, Supreme Court, Banking Committee, Crisis Consensus, Diversification, credit union growth, credit union industry, Common Bond Credit Unions, Financial Services, Credit Union Membership Access Act, Common Bond...

Welcome to Credit Union Conversations, where we explore the latest in the credit union industry with host Mark Ritter. Today, we're thrilled to have Rachel Snyder from CU Business Group diving into how credit unions can excel in business lending. From education and training to building strong small business relationships in your community, we'll cover strategies to grow your portfolio and tackle challenges like delinquency. IN THIS EPISODE:(00:00) Intro: Meet Rachel Snyder(03:00) CU Business Group's launch in 2002 to support credit unions with business lending (06:17) CU Business Group is committed to education, offering webinars and training (11:56) Small business deposits fund commercial loans, enhancing credit union stability(15:15) Specific markets of small business deposits and loans can ensure effective service(18:35) Discussion of credit union accounts, ripe for business lending opportunities(22:22) Rachel recommends basic business checking/savings and advanced services like remote deposit capture(25:49) Rachel addresses rising delinquency in loans, urging credit unions to manage portfolio risks proactivelyKEY TAKEAWAYS:Education and training are critical for credit unions to develop expertise in business lending. CU Business Group offers webinars and conferences to support small business loans and deposits, enhancing community engagement and portfolio growth.Targeting specific community markets for small business deposits and loans allows credit unions to serve effectively, avoiding overextension and building a sustainable commercial portfolio.Rising delinquency in commercial loans necessitates proactive management, as credit unions require expert assistance to address distressed credits early and maintain a healthier portfolio.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInRachel Snyder - LinkedInBIOGRAPHY:Rachel Snyder is a longtime member of CU Business Group and the organization's COO. After a career in corporate credit unions, Rachel leads the educational offering at CUBG and a wide variety of other functions. KEYWORDS: Credit Unions, Business Lending, CU Business Group, Education, Training, Small Business, Deposits, Community, Webinars, Conferences, Delinquency, Commercial Loans, Business Deposits, Business Loans, Portfolio Growth, Check Accounts, Savings Accounts

Join Mark at Credit Union Conversation today as we talk to Todd Stauffer, a seasoned relationship manager in the world of credit unions, about his career journey and insights on business lending and financial services. With years of experience working with credit unions and big banks, Todd shares his unique perspective on what drives success in the industry and how relationship managers can build strong business relationships. From discussing the differences between big banks and credit unions to sharing his favorite summer activities, Todd offers a wealth of knowledge and entertaining stories. Tune in for an engaging conversation that explores the world of credit unions and business lending.IN THIS EPISODE:(00:00) Intro: Meet Todd Stauffer(01:34) Todd's early career experience in finance(04:23) Todd discusses the impact of Wells Fargo shutting down its Financial division(06:37) Todd Stauffer's experience working with South Carolina Federal Credit Union.(09:55) Working with big banks vs. credit unions(12:00) Working with credit unions allows access to decision-makers and a personalized approach to serving members(14:08) How to connect with Todd Stauffer and other credit union professionals at MBFSKEY TAKEAWAYS: Credit union culture and values are distinct from big banks, with a focus on serving members and communities. Todd Stauffer shared his experience working with both big banks and credit unions, highlighting the differences in product management, decision-making, and community involvement.Emphasizing business lending expertise within credit unions, relationship managers like Todd play a key role in managing commercial portfolios, supporting local communities, and offering personalized service. This approach stands in contrast to the big bank experience, underlining the advantage credit unions offer in building direct connections and providing tailored loans and financial solutions.Community involvement is essential for credit unions to understand the needs of their members and provide effective solutions. Todd Stauffer's work with credit unions and his involvement in local communities highlight the importance of building relationships and trust with members and community leaders.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInTodd Stauffer - LinkedInKEYWORDS: Credit Union, MBFS, Todd, Stauffer, Lending, Business, Loans, Relationship, Manager, Credit Unions, Business Lending, Community Involvement, Financial Services, Member Service, Pittsburgh, Community, Members, Finance, Portfolio, Commercial

Over 8,000 divorces are filed in New Zealand annually, and the process isn't cheap. While the dissolution fee only costs $242, legal costs can reach into the thousands. Many couples fall into the so-called ‘missing middle' — earning too much to access legal aid, but not enough to afford private lawyers. Australian divorce and separation lender JustFund has launched in New Zealand with the sentiment that access to justice isn't a privilege, it's a right. Their Director of Family Law, Lauren Milne, told Kerre Woodham the average cost of divorce in New Zealand is $30,000 – $15,000 per person. She says that most people aren't putting aside a nest egg in case they get divorced, so it can be a struggle to pull together the funds. LISTEN ABOVE See omnystudio.com/listener for privacy information.

In this special crossover edition of Payments Pros and The Consumer Finance Podcast, Carlin McCrory and Jason Cover are joined by their colleague Caleb Rosenberg to explore the evolving landscape of small business financing. They highlight the significant growth in diverse financing products and providers, which have expanded funding access for small businesses, particularly startups.The discussion outlines the evolution from traditional bank lending to the rise of online and fintech solutions, which have filled gaps left by conventional lenders. The group also examines the complexities of the regulatory environment, focusing on the increased scrutiny from state legislatures and the introduction of consumer-like disclosure requirements for small business lending.Additionally, they consider the impact of recent legislative changes in states like Texas and Louisiana, which could transform financing practices. The conversation includes best practices for structuring and servicing financial products while also speculating on future regulatory trends and the potential influence of federal oversight by the FTC.

Welcome to Credit Union Conversations. Host and CEO of MBFS, Mark Ritter, dives into the world of business lending with Chief Administrative Officer Ellen Thorn. In this episode, they reflect on MBFS's impressive growth from $750 million to nearly $3 billion in assets and explore Ellen's professional journey to her pivotal role at MBFS. You'll gain insights into building strong third-party relationships through effective communication, respect, and trust, as well as strategies for successful portfolio management. Additionally, Ellen shares her perspective on navigating regulatory challenges, including risk management and cybersecurity, offering a glimpse into the future of the credit union industry.IN THIS EPISODE:(00:00) Intro: Meet Ellen Thorn(01:35) Ellen's career journey and her current role at MBFS(03:22) MBFS has grown from $750 million to nearly $3 billion in assets(06:49) The importance of communication, respect, and shared goals for successful partnerships(09:19) Communication breakdown and loss of trust are common issues in third-party relationships(15:51) Ellen highlights the importance of relying on MBFS and constant communication for smooth portfolio management(23:27) Ellen outlines regulatory focus on risk management, compliance, and cybersecurity and gives her thoughts on the futureKEY TAKEAWAYS: MBFS has grown significantly from $750 million to nearly $3 billion in assets under management, with staff increasing from 16 to over 50, reflecting substantial organizational and geographic expansion.Successful third-party relationships rely on communication, mutual respect, and shared goals, with proactive engagement and trust being critical to smooth operations.Effective portfolio management requires constant communication and customization. Credit unions that actively engage with MBFS experience smoother operations compared to those that don't.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInEllen Thorn - LinkedInBIOGRAPHY:Ellen Thorn is a finance and accounting professional with over 10 years of achievement within the commercial real estate finance and funds management industries. Extensive experience working in middle and back office operations, including risk management, legal, treasury, budgeting, trade support, investor services, IT, finance, and accounting. Excellent communicator with emphasis on building strong client relationships. Recognized as a resourceful colleague who engineers change and is committed to achieving corporate objectives.KEYWORDS: Credit Union, MBFS, Business Lending, Chief Administrative Officer, Communication, Commercial Real Estate, Asset Under Management, Growth, PPP Era, Communication, Trust, Third-Party Relationships, Portfolio Management, Due Diligence, Regulatory Environment, Risk Management, Cybersecurity, Loan Servicing, Client Reporting

Chris and Mark go deep on what it is like to make the jump to your own attorney practice and small business. What's it like to work full-time and build a real estate portfolio? Credit unions around the country can connect with Chris at riceparklaw.com. IN THIS EPISODE:(00:00) Intro: Meet Chris Rice(01:49) Chris Rice's professional background journey(07:25) Chris shares his experience working with credit unions and what it was like starting Rice Park Law firm(13:02) The differences between commercial and consumer collections(16:51) Do not delay on a default notice(22:06) Chris advises on selecting an attorney and he gives his outlook on the futureKEY TAKEAWAYS: Attorney Chris Rice has launched Rice Park Law, focusing on credit union representation. His extensive background in real estate and restaurant ownership gives him unique insights into business operations and challenges.Commercial and consumer collections differ: Commercial loan collections are often more straightforward due to tools like the "confession of judgment" and the use of secured assets. Consumer collections, however, are more complex due to regulations and typically involve unsecured debt.Early legal intervention in loan defaults is key. Don't delay sending default notices and involve legal counsel early in commercial loan defaults. This helps avoid "lender liability claims" and allows for effective workout solutions like forbearance agreements, saving time and money.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInRice Park Law - WebsiteChris Rice - LinkedInBIOGRAPHY:Chris Rice is the founder of Rice Park Law. For the past twenty years, Chris has helped numerous credit unions with contractual, regulatory, loan closing, and workout issues. Chris is an entrepreneur who lives and practices out of Carlisle, PA.KEYWORDS: Credit Unions, Chris Rice, Rice Park Law, Commercial Collections, Consumer Collections, Small Business, Real Estate Portfolio, Business Lending, Commercial Lending, Real Estate, Renovation Projects, Restaurant Ownership, Carlisle Community, Lending Institutions

MBFS CEO Mark Ritter and a guest from his team catch up on the latest happenings at MBFS, the credit union industry, and other odds and ends.IN THIS EPISODE:(00:00) Introduction: Meet Craig Page(02:54) New ways of making a positive customer experience(05:44) Outdated ways of advertising, the Sunday newspaper and Black Friday shopping(08:42) The new ways of networking and connection: LinkedIn and Social Media like TikTok(12:49) MBFS is hiring - reach out to Mark by video callKEY TAKEAWAYS: Digital transformation has shifted business lending from traditional methods, such as cold calling and print ads, to platforms like LinkedIn, enabling more authentic and efficient connections.Customer experience is now king. Instead of focusing on volume-driven sales tactics, successful business lenders prioritize building relationships and delivering a seamless customer experience, which drives long-term loyalty and referrals.As in-person meetings decline, adapting marketing strategies to virtual environments through video calls, social media, and personalized digital content is essential for staying relevant and competitive.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedIn

This week, Sahra Halpern, who is CEO of the Business Consortium Fund, talks about a type of lender that is not particularly well known or well understood even among business owners. The Business Consortium Fund is a CDFI, or community development financial institution. Traditionally, many CDFIs, including Halpern's, have sought to serve underrepresented business owners who have struggled to get a traditional bank loan. In the current political climate, however, CDFIs are looking to reach a broader audience. In our conversation, Halpern talks about how CDFI lending differs from bank lending and what types of business should consider approaching a CDFI.

BUSINESS: Lending, liquidity growth slow anew | June 2, 2025Visit our website at https://www.manilatimes.netFollow us:Facebook - https://tmt.ph/facebookInstagram - https://tmt.ph/instagramTwitter - https://tmt.ph/twitterDailyMotion - https://tmt.ph/dailymotionSubscribe to our Digital Edition - https://tmt.ph/digitalSign up to our newsletters: https://tmt.ph/newslettersCheck out our Podcasts:Spotify - https://tmt.ph/spotifyApple Podcasts - https://tmt.ph/applepodcastsAmazon Music - https://tmt.ph/amazonmusicDeezer: https://tmt.ph/deezerStitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein#TheManilaTimes Hosted on Acast. See acast.com/privacy for more information.

MBFS CEO Mark Ritter and a guest from his team catch up on the latest happenings at MBFS, the credit union industry, and other odds and ends.IN THIS EPISODE:(00:00) Craig Page shares his professional background and responsibilities(01:57) Mark introduces a new, shorter episode format featuring MBFS team members(04:30) Mark and Craig discuss their moves from suburbia to rural areas(06:49) MBFS sees unexpected growth in 2025 in the CUSO(08:41) Craig explains the value of small credit unions in partnering with a CUSO like MBFS(10:32) Craig shares his reaction to the boom in lendingKEY TAKEAWAYS: The Credit Union Conversations podcast has introduced a shorter, more conversational format featuring "quick hitters." These episodes, airing twice monthly, will focus on current industry topics, updates from MBFS, personal anecdotes, and team insights, in contrast to their traditional long-form interviews.Despite expectations for a flat year, MBFS has experienced rapid growth, with seven new credit unions joining early in the year and 18 more in the pipeline. Loan volume has also increased, reflecting strong demand for its services.Smaller credit unions are increasingly entering the member business lending space but face resource and staffing challenges. MBFS offers a “plug-and-play” solution, handling everything from origination and servicing to loan workouts, making it easier for credit unions to scale without heavy internal investment.RESOURCE LINKS: Mark Ritter - WebsiteMark Ritter - LinkedInCraig Page - LinkedInMBFS, CUSO, Mark Ritter, Credit Unions, Growth, Lending, Origination, Servicing, Pipeline, Small Credit Unions, Team, Industry, Business, Partnerships, Future of Lending, Boom in Lending, Unexpected Growth, Partnering With MBFS, Services, Loan Volume, Business Lending

In this episode of Let's Talk Marketing with NDUB, Nathan Webster invited Crystal Haight and Dina Kroshkin to discuss their journey in the finance industry, emphasizing the importance of financial knowledge for business owners. They explore the dynamics of good and bad debt, the significance of strategic partnerships, and how to become a desirable borrower. The discussion also highlights the value of having a strong financial team to support business growth and the upcoming workshop aimed at educating entrepreneurs on navigating the lending process. Guest Name: Crystal Haight Title: Principal Consultant Company: Northwest Book Pros Expertise: Crystal Haight helps property managers leverage their businesses to create lasting wealth using specialized accounting strategies. Website: www.nwbookpros.com Social: Crystal Haight's LinkedIn   Guest Name: Dina Kroshkin Title: SVP & National Production Manager Company: Total Loan Solutions  Expertise: Dina Kroshkin leads loan origination and participation programs for an extensive National Loan Network. These programs are designed to maximize financing opportunities for CRE owners and investors.  Website: www.tlsnationwide.com  Social: Dina Kroshkin's LinkedIn     Watch the full podcast on YouTube. NDUB Brand | NW & Associates, LLC | Conference:  https://letsconnectpnw.com/

In this episode: Deducting uninsured losses for damage claims in federally declared disaster areas. Inherited IRA changes. New rates for 2025 including IRA distribution, fit taxes, and mileage Beneficial Ownership Reporting for FinCEN status may not be determined until March 2025.   Anita Evans, Vice President of Business Banking and Senior Relationship Manager for M&T Bank, joins us on the podcast to kick of 2025.  She discusses things you should consider when acquiring a loan, the importance of having an open and honest dialog with your lender and best practices for business owners.  Anita can be reached at aevans1@mtb.com if you would like more information.

Join host Chris Willis and guests Lori Sommerfield and Joseph Reilly in this episode of The Consumer Finance Podcast as they delve into the CFPB's recent study on differential treatment in small business lending. Discover the methodology behind the study, its findings, and the implications for small business lenders. The discussion also covers the significance of the CFPB's 1071 Small Business Data Collection Rule and its potential impact on the industry. Learn about the possible biases and limitations of the study, and explore the broader context of fair lending practices. This episode provides valuable insights for lenders and regulators alike, highlighting the importance of vigilance and proactive measures in ensuring fair treatment for all small business owners.

Join Raymond Guns, CPA and Chief Revenue Officer at DOPE CFO, as he interviews Dotan Melech, CEO of CTrust, about revolutionizing Cannabis industry financing through standardized credit scoring. Learn how CTrust analyzes over 1,700 data points across 42 business categories to help Cannabis companies access better financing terms and manage risk more effectively. Discover why traditional credit scoring hasn't existed in Cannabis until now, and how this innovation could transform the industry's financial landscape. Key topics covered include: ✓ How CTrust developed its revolutionary credit scoring system ✓ The impact of state-specific regulations on business credit ratings ✓ Ways Cannabis companies can improve their credit scores ✓ The relationship between credit scores and cost of capital ✓ How rescheduling could affect industry financing ✓ The role of credit scoring in the industry's maturation The episode provides valuable insights for Cannabis business owners, investors, and financial professionals looking to understand the evolving landscape of Cannabis industry financing and risk assessment.

This is Derek Miller, Speaking on Business. Since 1979, InterMountain Business Lending has been providing SBA loans to small business owners across the state; empowering small business owners and the surrounding communities to promote growth and build a brighter future. President Caryl Eriksson joins us with more. Caryl Eriksson: At InterMountain Business Lending, we are passionate about supporting small businesses and creating economic opportunities. Our mission is to strengthen our small business community and local economy, bridge the gap between SBA loan programs and our partners, and inspire confidence by providing a connected, efficient and reliable experience. Since our inception, our purpose has been to promote the SBA 504 Program, while extending a helping hand to small businesses that want to accomplish their goals. The SBA 504 Program finances real estate, so that businesses can purchase or build their own “brick and mortar” shop, also long-term equipment at a fixed, below-market interest rate to create and retain jobs. We partner with a local financial institution to provide loans with a low down payment, fixed interest rate, and up to 25-year terms. This keeps more cash in the business for day-to-day operations. Let's take the first step together and build your business. Contact us today! Derek Miller: Many successful companies have taken out SBA loans in order to secure better financing conditions. InterMountain Business Lending is here to help you on your entrepreneurial journey. Ready to get started? Visit their website at im504.com for more information. I'm Derek Miller with the Salt Lake Chamber, Speaking on Business. Originally aired: 8/23/24

We go back to Ukraine this month to speak with Ewa Sierzynska, Chief of Party for World Council of Credit Unions' new GROW Project, a four-year, $10 million initiative funded by the U.S. Agency for International Development (USAID) that will seek to expand access to finance through credit unions for individuals in Ukraine seeking to start a business, and for existing legal entities looking to expand their operations. The GROW Project will work with credit unions to assist entrepreneurs, as well as micro, medium and small enterprises (MSMEs), cooperatives, farms and other individuals in rural areas of the country. Ewa is also Chief of Party for the USAID/WOCCU Credit for Agriculture Producers (CAP) Project in Ukraine, which wraps up at the end of September. She'll also talk about how GROW seeks to build on the work started with CAP, specifically in providing lending to agribusinesses, and working with the country's regulator to ensure a more enabling environment for credit unions. --- Support this podcast: https://podcasters.spotify.com/pod/show/woccu/support

The economic landscape in both the US and Canada is showing significant shifts that have important implications for homeowners, the housing market, and the broader economy. Recently, the Bank of Canada (BoC) made a notable move by cutting interest rates by 0.25%, hinting at further cuts to come. This action aligns with market expectations, with a cumulative 0.5% cut so far and forward guidance pointing to an additional 0.50% reduction, potentially ending 2024 at a 4% rate. This decrease from 5% to 4% has offered some relief to variable mortgage rate holders. For instance, a $500,000 mortgage would see monthly payments drop from $2,684 to $2,387, a substantial annual saving of $3,600 or about 12%.In the United States, inflation has eased from 3.3% to 3%, primarily due to lower consumer spending, raising the likelihood of a rate cut in September by 85.7%. The Federal Reserve has maintained a 5.5% rate for 12 months, a full 100 basis points higher than Canada's current rate. As both countries trend towards lower inflation, the sentiment grows that inflation is under control, with a path to 2% inflation expected within a year, accompanied by gradual rate cuts potentially ending at 3% by late 2025.However, the housing market's health is nuanced. While mortgage originations are increasing, signaling a potential recovery, several key metrics still require careful consideration. In Canada, rental market dynamics are shifting significantly. The recent CPI print showed an 8.5% year-over-year increase in rent, though the month-over-month increase was the lowest in two years, influenced by a record number of rental completions. There are currently 140,000 rental units in the construction pipeline, expected to add 6% more rental stock nationally and 15% in British Columbia over the next two years. This surge in supply might alleviate high rental rates, but challenges persist as private investors shy away from rental investments due to new policies. For instance, Bosa recently halted two purpose-built rental towers due to financial unfeasibility driven by new amenity cost charges and revised development cost charges.Housing starts have been declining steadily for three years, with new starts down 9% nationally in June to 241,000, below expectations of 255,000. Building permit applications also dropped 12% in May, indicating potential future supply constraints. In British Columbia, permits fell 53% month-over-month, partly due to a rush to secure favorable CMHC financing before regulatory changes.Despite these challenges, there are signs of stabilization. Mortgage originations rose 0.3% month-over-month in May, with annual growth at 3.5%, suggesting a potential bottoming out in late 2023. Predicted future rate cuts could further support this recovery over the next 18 months. Fixed-rate mortgages, particularly 3 and 4-year terms, dominate new loans, accounting for 55% of all new mortgages.As we approach the end of the month, preliminary sales data shows a balanced market for the second consecutive month, with slight declines in median and average home prices. Inventory levels and sales figures are stabilizing, indicating a cautiously optimistic outlook for the housing market. However, the overall economic environment remains complex, requiring ongoing monitoring of key metrics and trends. _________________________________ Contact Us To Book Your Private Consultation:

Ryan Rosett was born in Detroit and grew up in the suburbs of Detroit. He enjoyed being outside and the community feel of his neighborhood growing up. He attended the University of Michigan and then earned his J.D. from University of Detroit. He opened a coffee house while he was in his second year of law […]

You're a credit union, therefore you want more business members. Business members bring a lot of revenue into an institution. Many credit unions in recent years have made a push for more small business members.  Many have fallen well short of their goals.There are many reasons why but there also is a big reality: most credit unions need outside help to achieve those goals. They need to work with outsiders who truly get what building relationships with small businesses is all about.Enter Crux Analytics.  They tell their story on their website: “We started Crux because we believe in the power of small business. We have experienced first-hand the challenges owners face and understand the role they serve in our lives and our economy. We have seen the current systems driving small business banking fall short for both owners and financial institutions. Small businesses need access to relevant, quality banking services to thrive. Financial institutions want to be able to engage more with small businesses, who are loyal, valuable, long-term customers. Crux is bridging the gap.”On the show today is Jacob Bennett, a Crux Analytics co-founder, who tells why Crux Analytics just may be what your credit union needs to really master how to serve small businesses - and, while doing that, genuinely benefiting your community because, honestly, much of America revolves around healthy small businesses.Crux is seeking credit unions to join a pilot.  Hear how towards the end of the show.This is  a show that will leave you feeling optimistic.Listen upLike what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.com  And like this podcast on whatever service you use to stream it. That matters.  Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto

Knowledge is key to success in business lending, according to Jim Devine, co-founder, CEO and chairman of Hipereon, a financial training company based in Washington state, and lead faculty member for CUES' School of Business Lending, which starts April 1.In this latest episode of the CUES Podcast, Devine says his aim with the school each year is to “make sure ... that everybody going out the back door has the foundational skills that give them confidence that they can take a set of financial statements from a prospective borrower, do a diagnostic assessment of the performance of that business, link it to their debt service coverage policies and guidelines, and determine whether” they're willing, as a fiduciary, to let their members' money fund the credit request.In this show, Devine demonstrates that his own knowledge of business lending runs deep—both in terms of the structures and procedures credit unions need to have in place to do it well and the impacts that the economy and other factors have on credit unions' success with it.The show opens with a discussion of the business lending environment and what to look out for in 2024, including interest rates and the repricing of loans. The show also gets into the importance of using analytics well to best determine if credit should be granted to a particular applicant.“You're not trying to figure out a way to say, ‘yes,'” Devine says in the show. “You're trying to figure out whether yes is the right answer. And again, in order to do that, you have to have the analytical skills to do it.” Devine also makes the case that credit unions need to consider how to broaden their business lending portfolios to also include loans for business operations.“People are going to have to start looking at the feasibility of figuring out how to make more operating loans to operating businesses and not have such a huge concentration risk in a loan portfolio linked to commercial real estate,” he says.The show also gets into:Key fundamentals of business lending, such as “If the cash don't flow, the loan don't go” and also the importance of researching whether a business has more than one source of possible repayment.More details about what's covered in the School of Business LendingHow Devine plans to personalize this year's school more than everLinks for this show:TranscriptSchool of Business LendingGoldman Sachs article about business lending at smaller financial institutions 

Join us in this important episode of Potential to Powerhouse as we delve into the world of entrepreneurship, finance, and financeable (non dilutive!) growth for brick-and-mortar businesses. Meet Neha Govindraj, a visionary who has unlocked the secret to scaling businesses without diluting the founder's ownership. Learn about Neha's personal journey, from her childhood fascination with puzzles and games to her college major shift from computer science to economics, with a passionate focus on startups.  In this episode, we dive into key highlights including: Discovering the Importance of Capital for Business Growth: Neha's experience at Bain & Company, and co-founding Glow Bar, a high growth start-up which led her to the realization that capital is crucial for business growth – and capital was impossible to find, without being highly dilutive to founders. This important “aha” moment was the catalyst to her founding Bonside. Career Paths and Decision-Making. Neha discusses how an internship at Bain & Company helped her discover her career trajectory. She also highlights the role of her supportive family in her decision to pursue entrepreneurship.   Leveraging Education and Work Experience: Neha emphasizes the importance of leveraging a prestigious school or work experience to gain credibility and confidence in the entrepreneurial journey.  She advises setting a time limit for starting a business to allow for inspired decision-making.    Finding Funding for Your Business: Neha and her co-founder raised capital to fuel the early growth of their business, and later sought institutional capital without an investment banker (a smart way to avoid steep investment banker fees!)   Understanding Venture Capital and Equity: Neha reflects on her experience with venture capital and the importance of questioning industry norms. She explains how equity ownership and valuations play a crucial role in the startup journey. Bonside provides capital to brick and mortar businesses, just off the simplicity of cash flow, without personal guarantees, or onerous equity giveaways. This was a new instrument in the lending business and has shaken the financing world - with a fair way to borrow for growth! YESSSS!  Revolutionizing Brick-and-Mortar Industry: Neha discusses her transition from Bonside to GlowBar, emphasizing the rise in angel investing and the need for a different investment structure to scale brick-and-mortar businesses. She advocates for focusing on profitability and positive change in the industry rather than solely pursuing revenue. Alternative Financing Options: Neha shares her vision for creating a new asset class by providing growth capital to brick-and-mortar businesses in exchange for a percentage of sales. The idea is to have a fixed repayment cap with no perpetual collection. This alternative financing option, such as Bonside, can help unlock revenue for multi-unit businesses by improving cash flow. Get ready for an inspiring journey that will motivate you to reach your full potential. Join us on this exciting adventure by tuning in to "Potential to Powerhouse" today. Together, we can unlock the secrets to success for female entrepreneurs everywhere. Let's do this!  For more information on Neha's business model and financing structure for brick and mortar retailers looking to scale with non dilutive capital access, please visit Bonside.com  

Are you wondering if you will ever be able to qualify for million dollar business loans? Can you even afford millions in business loans? Just give me less than an hour of your time, and I'll show you what you need to know about getting million dollar business loans. For your next business loan, go to: https://www.creditsuite.com/business-... Key Moments in This Episode ========================

Questions: 1. Is Social Media Causing Mental Health Issues in Children and Adolescents? 2. Can DeSantis Win if he is seen as Anti-diversity and Anti-black? Is AI the end of Schools? Today, Donte, Co-host and Producer and I discuss these topics as they are hot button issues in America today. Firstly, on social media: There is data circulating about the dangers of social media as it increases MH in children which was reported on Fox News Live earlier today. However, it is not true and a skewed data about #socialmedia causing increasing #mentalhealth issues for children and teens. That data does not take into account how people's views about mental health is changing so more people are coming forward saying that they have #mh issues. The stigma around #MH is diminishing and with social media and information there is actually more awareness and less myths around mental health so that more people are acknowledging their mental health. Secondly, Ron DeSantis is getting set to announce his Presidential bid on Twitter in a Live interview with Elon Musk. What chances does DeSantis have of winning? According to a story in Rolling Stones: "... No One Is Afraid of Ron DeSantis..." (https://rollingstone.com/politics/politics-features/ron-desantis-2024-presidential-campaign-donald-trump-mike-pence-unafraid-1234738569/) They are right, as he gets ready to announce his presidential bid. There is no way that #desantis can win. He is seen an anti-inclusive and anti-diversity. He has attacked black academics and Disney. In my opinion he has lost the #blackvote with "anti-woke" policies as if diversity and inclusivity is woke. Many black Americans are incensed by his policies which he has boldly promoted as if he is not gonna run for President. realJohnACastro tweeted the story earlier today and I will have him on the The Neoliberal Round Podcast later this week talking Castro V Trump, DeSantis and The Presidential Race as he gets ready to beef up his presidential bid. Thirdly, Is Artificial Intelligence the new way to plagiarize with confidence? Maybe we should think about creating a software to track AI footprints for institutions so as to minimize the possibility. We may have to set final exams instead of take-home papers and research. Maybe AI is the end of schools and institutions and some industries. School was needed for learning. Now we have the technology to replace schools and certain work. Yet we are still requiring huge sums of money and schooling that technology have made unnecessary. The way we think about systems must change! Indeed, we will have problems such as plagiarism etc. if we do not rethink requirements for students and even how we train and develop people. Just as Elon Musk wants a redesign of roadways to facilitate fully functioning self-driving cars, schools must redesign learning systems. We would like to acknowledge my fraternal line brother of Phi Beta Sigma Fraternity, Raymond Dingle Junior, who is supporting small businesses by providing Business Lending solutions. Need a Loan for your business or to finance business real estate, equipment or project? Visit them at https://rdjblending.com. On a somber note, my former fraternity line Dean who helped to guide my line throughout the pledging process died recently, Bro. Rev. Dr. Christopher V. Brown. He was a keen observer of human behavior and made Spring 11 pledging experience a dynamic and unforgettable one. He was a former President of Nu Sigma Chapter and International Chaplain of Phi Beta Sigma. He has moved on to the Omega chapter. His legacy will continue on through us. GOMAB. Credits: The Neoliberal Round is hosted/created by Rev. Renaldo McKenzie, Adjunct Professor, Jamaica Theological Seminary and Author of Neoliberalism, Globalization, Income Inequality, Poverty & Resistance, Doctoral Student at Georgetown. Co-Producer/Co-Editor is Donte Nelson, who is a student at Capella Univ. Subscribe for free! The NeoLiberal Round/The NeoLiberal Corporation. --- Send in a voice message: https://podcasters.spotify.com/pod/show/theneoliberal/message Support this podcast: https://podcasters.spotify.com/pod/show/theneoliberal/support

The CFPB's final rule implementing Section 1071 of the Dodd-Frank Act represents major change to how banks process and handle small business loans — taking what in many banks is a bespoke, tailored financial product and requiring a whole new way of doing business. On the latest episode of the ABA Banking Journal Podcast — sponsored by Intrafi — ABA SVP Kitty Ryan discusses: An overview of the Section 1071 final rule. Implementation deadlines and partial wins in extending them from the narrow timeframes in the proposed rule. Other wins from ABA advocacy, including on privacy and on racial and ethnic identification that aligns the final rule more closely with the statute. Software challenges banks will face as they implement the final rule. Despite a few improvements, why ABA continues to be disappointed in the final rule — with an open advocacy call for Congress to rescind the rule.

Our expert hosts, Ross Gallagher and Kate Moody, is joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Tom Renwick, Head of Business Lending, Atom Bank Douglas Mackenzie, Chief Content Officer, Fintech Finance With soundclips from: Gerard Grech, CEO, Tech Nation Gabby MacSweeney, Head of Communications & Public Policy, Codat We cover the following stories from the fintech and financial services space: Tech Nation shutting down as UK government controversially pulls key funding - 4:25 Oaknorth and Atom Bank call on Grant Shapps to boost lending to small businesses - 16:50 Stripe tells employees it will decide on an IPO within the next year - 31:25 Republicans vow to probe US banks and asset managers' ‘ESG agenda' in Congress - 41:10 Monzo revenues surge more than twofold, putting it on track for 2023 profitability - 52:00 Ashley's Frasers Group set to roll out buy-now pay-later product - 53:50 Michigan boy, 6, spends $1k on Grubhub: ‘Doorbell just kept ringing, cars kept coming' - 55:10 Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Send us your questions for the Fintech Insider Mailbag here (https://11fscompany.typeform.com/to/kBMan5qL?typeform-source=t.co) Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Douglas Mackenzie, Gabby MacSweeney, Gerard Grech, and Tom Renwick.

Did you know that the way to prepare and file your business taxes can actually affect your ability to get business loans? Ty Crandall, CEO of Credit Suite, breaks down everything you'll need to know about how your taxes can make or break your ability to finance your business. Personal and Business taxes are both part of your businesses's Fundability™ and its an important factor that most ordinary business owners miss when applying for business credit, business loans, and credit lines. In this episode we discuss: Business Tax Returns 101 Estimated Taxes Documentation Differences Tax Prep Cash vs. Accrual Depreciation Decisions Entity and Industry choices Fundability™, Business Taxes, your EIN/SSN What are lenders looking for in your tax returns Personal Taxes!

Did you know that the way to prepare and file your business taxes can actually affect your ability to get business loans? Ty Crandall, CEO of Credit Suite, breaks down everything you'll need to know about how your taxes can make or break your ability to finance your business. Personal and Business taxes are both part of your businesses's Fundability™ and its an important factor that most ordinary business owners miss when applying for business credit, business loans, and credit lines. In this episode we discuss: Business Tax Returns 101 Estimated Taxes Documentation Differences Tax Prep Cash vs. Accrual Depreciation Decisions Entity and Industry choices Fundability™, Business Taxes, your EIN/SSN What are lenders looking for in your tax returns Personal Taxes!

Did you know that the way to prepare and file your business taxes can actually affect your ability to get business loans? Ty Crandall, CEO of Credit Suite, breaks down everything you'll need to know about how your taxes can make or break your ability to finance your business. Personal and Business taxes are both part of your businesses's Fundability™ and its an important factor that most ordinary business owners miss when applying for business credit, business loans, and credit lines. In this episode we discuss: Business Tax Returns 101 Estimated Taxes Documentation Differences Tax Prep Cash vs. Accrual Depreciation Decisions Entity and Industry choices Fundability™, Business Taxes, your EIN/SSN What are lenders looking for in your tax returns Personal Taxes!

Did you know that the way to prepare and file your business taxes can actually affect your ability to get business loans? Ty Crandall, CEO of Credit Suite, breaks down everything you'll need to know about how your taxes can make or break your ability to finance your business. Personal and Business taxes are both part of your businesses's Fundability™ and its an important factor that most ordinary business owners miss when applying for business credit, business loans, and credit lines. In this episode we discuss: Business Tax Returns 101 Estimated Taxes Documentation Differences Tax Prep Cash vs. Accrual Depreciation Decisions Entity and Industry choices Fundability™, Business Taxes, your EIN/SSN What are lenders looking for in your tax returns Personal Taxes!

Did you know that the way to prepare and file your business taxes can actually affect your ability to get business loans?  Ty Crandall, CEO of Credit Suite, breaks down everything you'll need to know about how your taxes can make or break your ability to finance your business.  Personal and Business taxes are both part of your businesses's Fundability™ and its an important factor that most ordinary business owners miss when applying for business credit, business loans, and credit lines.    In this episode we discuss: Business Tax Returns 101 Estimated Taxes Documentation Differences Tax Prep Cash vs. Accrual  Depreciation Decisions  Entity and Industry choices  Fundability™, Business Taxes, your EIN/SSN What are lenders looking for in your tax returns  Personal Taxes! 

For week 5 of the "Relationships With Money Program" we covered "The Blueprint To Business Lending + How To Buy A Franchise." This panel will cover understanding the steps entrepreneurs need to take to be able to secure funding from a bank. From what underwriters look for, paperwork needed, bookkeeping tips, etc. We will also dive into how an individual can buy a business and/or franchise. Panelist: Brittany Willis ( Franchise Owner, Entrepreneur, & Podcaster) Panelist: Sadat Rashid (SVP at Frost Bank) Panelist: Beth Johnson (SVP at Frost Bank) Moderator: Christiana Yebra (Entrepreneur, CMO of nVenue) This panel was created to empower minority individuals, entrepreneurs, small businesses, and communities to have the knowledge and tools to make sound decisions regarding their short, and long-term financial goals and enabling more to fully participate in the economy. Participants can expect to be equipped with the resources, foundational tools, and best practices to learn about financial literacy from experienced business leaders, and peer to peer focus groups. --- Support this podcast: https://anchor.fm/cosignmag/support

Are you wondering why you continue to be denied for business lending? Just give me less than an hour of your time, and I'll show you the roadmap to business lending approvals with Fundability™. For your next business loan, go to:

What You Need to Know About the Impact of Personal Finances on Business Lending Are you wondering if personal financing can affect your ability to get business lending? Give me less than an hour of your time, and I'll show you how personal financing can affect your ability to get funding for your business, and what to do about it.

Those companies that are no longer small businesses but not yet large corporations occupy what is called the "middle market." When it comes to lending to these companies, it is very relationship-driven and not exactly a tech-forward operation. So, this spells an opportunity for a fintech-centered approach to middle market lending.My next guest on the Fintech One-on-One Podcast is Meredith Carter, the CEO of Context Business Lending. They are an asset-based lender (ABL), and you can tell they are a little different because they have trademarked the term: Consider ABL Disrupted.In this podcast you will learn:How Meredith became aware of Context Business Lending (CBL).The state of the middle market asset-based lending market.How transactions get done in this market.The different industries they focus on.The typical companies that come to CBL for a loan.Range of loan terms and interest rates.How they are bringing automation to the underwriting process.The average length of time from initial contact to funded loan.How they fared during the pandemic.Why they decided to lean in and continued during that time.The capital markets advantage of being backed by a single family office.How they work with banks when co-funding the loans.What they do to monitor their loan portfolio.The scale they are at today.Meredith's vision for CBL.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes