Podcasts about small business lending

Samim Ghamami, Senior Economist at the U.S. Securities and Exchange Commission, joins Mark, Cris, and Marisa to explore the rapid rise of the private credit market. With global assets surpassing $2 trillion, Samim breaks down the systemic risks posed by this opaque yet fast-growing asset class. The discussion delves into private credit's role in middle-market lending, private equity, and new markets like infrastructure and real estate, as well as its implications for financial stability and regulation.Access the full paper, Private Credit & Systemic Risk here: https://www.economy.com/getfile?q=2107637A-C535-4AFF-83BC-6CBA1AD1FAB9&app=downloadGuest: Samim Ghamami, Senior Economist at the Securities and Exchange CommissionHosts: Mark Zandi – Chief Economist, Moody's Analytics, Cris deRitis – Deputy Chief Economist, Moody's Analytics, Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody's AnalyticsFollow Mark Zandi on 'X', BlueSky or LinkedIn @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn Questions or Comments, please email us at helpeconomy@moodys.com. We would love to hear from you. To stay informed and follow the insights of Moody's Analytics economists, visit Economic View.

Job quality is vital not only for workers, but also for small businesses and communities. Yet too many jobs today miss the mark on one of the key characteristics of a good job: providing enough pay to live on. Only 56% of full-time workers in the United States make enough money to cover their families basic needs. This problem is particularly acute at small businesses. Nearly 60% of low-wage workers work at businesses with fewer than 100 employees, and 35% of low-wage workers work at micro-businesses with fewer than 10 employees. Small businesses also struggle to address other characteristics of a good job, like providing adequate benefits, stable scheduling, and a positive work culture.Recognizing this context, in 2022, the Aspen Institute Economic Opportunities Program (EOP) launched the Shared Success project, funded by the Gates Foundation. The project supports 11 community development financial institutions (CDFIs) across the country to integrate job quality support into their small business services with the goal of improving job quality for small business employees and building business resilience. Three years later, EOP has seen how grantees have used innovative approaches to recruit, advise, and incentivize small businesses to improve job quality.This discussion is the first of two panels from our event, “How Good Jobs Support Small Business Success: Lessons from the Shared Success Demonstration,” which took place on May 21, 2025 at the Aspen Institute's office in Washington DC. Our speakers include Maureen Conway (Vice President, The Aspen Institute; Executive Director, Economic Opportunities Program), Israel Flores (Business Services Director, Northern Initiatives), Tristan Bredehoft (Co-Owner and Founder, Cafe Rica), Laura Owens (Chief of Staff,  VChief; Consultant, Four Bands Community Fund), Eunice Straight Head (Co-Director, Oyate Studio), and moderator Lauren Starks (Director, Good Companies/Good Jobs, Economic Opportunities Program, The Aspen Institute).During this event, we heard from leaders of CDFIs, their small business clients, philanthropic supporters, and other experts, and we discussed the lessons learned from Shared Success, ranging from practical tips about strategies for engaging small businesses in discussions of job quality to the range of job quality improvements CDFI clients helped their businesses make. We hope you enjoy this important discussion on small business support strategies that help businesses and workers both thrive, achieving Shared Success.For more information, including a transcript, speaker bios, and additional resources, visit our event page. For highlights from this discussion, subscribe to EOP's YouTube channel.Join us on Zoom on June 26 for our webinar on Advising Small Businesses on Job Quality: Lessons from CDFIs.

Are you confused about the difference between the SBA franchise directory and the franchise registry and what recent changes mean for your brand's growth and funding? We are diving deep into urgent changes in franchise funding, specifically around the SBA Franchise Directory, a topic you can't afford to overlook.We are joined by Edith Wiseman, President of FRANdata. Edith is breaking down everything from what FRANdata actually does, think deep dives into franchisors and franchisees, and how this information is used by lenders, suppliers, and franchisors.And most importantly, Edith is sharing the critical difference between the Franchise Registry and the SBA Franchise Directory. If you've ever mixed these two up this episode will bring you clarity. And we are digging into why the SBA disappeared and why it's back with a June 1, 2025 deadline.Edith Wiseman is the President of FRANdata, a leading franchise market research and advisory firm. With over 24 years in the industry, she transforms complex data into strategies that drive franchise growth and innovation. A trusted advisor to franchisors, lenders, and Fortune 500 companies, one franchisor said, “We couldn't have grown to 1,000 stores and beyond without her and her team.”Recognized by Entrepreneur and 1851 as a top woman in franchising, Edith has held key leadership roles within the International Franchise Association, including Board of Directors, Executive Committee, and Chair of the Supplier Forum. She continues to support industry advancement through initiatives focused on emerging brands and equitable growth, including the Ascension Initiative and the IFA Education Foundation.So, if you are confused by the upcoming SBA Franchise Directory changes and what you need to know then this episode is for you!ResourcesFranchise Directory - https://www.sba.gov/document/support-sba-franchise-directoryFranchise Registry - https://www.franchiseregistry.com/Current SBA SOP - https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programsBlog updates with summary of SOP changes - https://frandata.com/blog/Connect with EdithEmail - franchiseregistry@FranData.comLinkedIn - https://www.linkedin.com/in/edith-wiseman-281b6b/Call FRANdata - 800-485-9570Website - https://frandata.com/Episode Highlights:Understanding FRANdataDistinguishing the Franchise Registry and SBA Franchise DirectorySBA franchise directory changesEligibility and certification process for SBA Franchise DirectoryGuidance for existing and emerging franchisors and the SBA DirectoryKey recent SBA and lending changesConnect with Tracy Personal LinkedIn: https://www.linkedin.com/in/tracy-panase/ JBF LinkedIn - https://www.linkedin.com/company/jbfsale JBF Franchise System - https://jbfsalefranchise.com/ Email: podcast@jbfsale.com Connect with Shannon Personal LinkedIn - https://www.linkedin.com/in/shannonwilburn/ JBF LinkedIn - https://www.linkedin.com/company/jbfsale

Send us a textThis show started out as an exploration of Jack Henry's 7th annual Strategy Benchmark Survey where CEOs of credit unions and banks reveal what really matters to them.  It's a data trich survey, there's a link in the show notes and I say that because the talk with Lee Wetherington – Senior Director of Corporate Strategy at Jack Henry quickly veered into what's happening in Washington DC and how changes - especially at CFPB - may impact credit unions.Along the way we discuss how this is an age where data rules, open banking is coming at you ready or not, you probably don't know your members nearly as well as you think, and small business relationships probably aren't what you think but they may well be critical to the future of many credit unions.Does that spicy stew have your taste buds dancing with excitement? It should because this is a show that plunges into the unexpected but it's stuff you need to know about banking tomorrow.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

Want To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate & Small Businesses?

Send us a textCredit unions, most of them, want more small business loans on their books but few credit unions know how to speedily and profitably process small business loan applications and consequently most are lagging when it comes to booking business.Meet Alex McLeod, a serial startup entrepreneur who now is tackling thee small business loan market with AI powered software that her company, Parlay Financial, is now selling to credit unions.  Her key message: succeeding in the small business marketplace requires the ability to offer fast verdicts on a loan app - same day preferably.  And because many of these loans are small, machines have to carry a lot of the load.The rest of her message is that the technology to enable all this is at hand.  ANd that's the game changer that just may help many credit unions to finally succeed at small business lending.Heads up: the show begins with around five minutes where we learn Alex;s journey to now and Parlay Financial.  Most of these shows have similar chat at the beginning but usually that winds up  on the cutting room floor. Not this time.  You'll  know why when you hear this story.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

Send us a textQuick now, what is NACUSO?Of course that's the National Association of Credit Union Service Organizations  - and CUSOs just may be the credit union secret power.  On the show today is Seth Brickman, former CEO of QCash and now president of Ranqx, a powerful tool that can gather the necessary financial info from a wouldbe borrower, analyze and issue a verdict on a business loan application in a matter of minutes.  A typical credit union would take a couple weeks to get to that verdict - which, by the way, is “no” in two out of three cases.Brickman is a credit union true believer and he especially believes that credit unions have the pole position in lending to small businesses in their community - if they also have the right tools and process automation.On the show Brickman tells how Ranqx works - and it is already working at credit unions including MSU Federal Credit Union and also at CUSOs.Which brings us back to the question that opens the show: Does NACUSO matter?Brickman  has a passionate answer and - spoiler alert - probably you can guess it.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

This conversation took place during our March 24 event, “Advancing Innovation and Fairness in Small Business Finance,” hosted by the Responsible Business Lending Coalition and the Aspen Institute's Business Ownership Initiative. It features a panel discussion with Mickey Konson (Quantum Financial), Phil Goldfeder (American Fintech Council), Luz Urrutia (Accion Opportunity Fund), and moderator Jacob Haar (Community Investment Management).Ten years ago, when the Responsible Business Lending Coalition was founded, the nation was experiencing dramatic changes in the small business financing landscape, stemming in part from market adjustments after the Great Recession. Ten years later, the forces driving change are accelerating. The growth in new technologies, including AI; the aftermath of the COVID pandemic; and unprecedented growth in new small businesses starting are only some of the factors shaping the market.Yet the challenge remains: how do we harness the power of technology and innovation to drive greater prosperity and inclusion for small business owners, while ensuring that financial products support small businesses rather than undermine them?During this event, we heard perspectives from lenders, investors, policymakers, small business owners, and advocates about how to build a financing market that truly works for small businesses. The event featured three moderated conversations highlighting key trends, opportunities, and challenges in the small business financing market, followed by a reception that gave attendees the opportunity to explore this issue in greater detail with fellow stakeholders.For more information, including a transcript, speaker bios, and additional resources, visit: https://www.aspeninstitute.org/events/advancing-innovation-and-fairness-in-small-business-finance/Or subscribe to our podcast to listen on the go: https://podcasters.spotify.com/pod/show/aspeneopFor more information about the Responsible Business Lending Coalition, visit: https://www.borrowersbillofrights.org/We thank our colleagues at Community Investment Management for their generous support of this event.

With rising mortgage rates and a shifting economy, more investors are looking at small business lending as the smarter play. But is it really better than real estate? We break down the risks, rewards, and hidden opportunities in this changing financial landscape.

The luxury Ritz-Carlton Hotel in downtown Portland, Oregon may be in trouble after less than just two years of operation. Ready Capital, the lender to real estate group that owns the hotel announced a bleak future for the Ritz-Carlton in a report detailing the corporation's fourth-quarter earnings. 'The fourth quarter closes out a year of mixed results,' CEO Thomas Capasse wrote in a press release. 'On one hand, our Small Business Lending segment performed well, with significant origination growth reflecting the benefits of past investments. 'Meanwhile, our multi-family lending focused business faced challenges from higher rates, inflationary pressures, and lower rent growth.' The Ritz Carlton was an underperforming property in the group's investment portfolio, failing to earn revenue comparable to the average for all Ritz-Carlton hotels. The hotel's building, Block 216, was bought by real estate developer Walter Bowen in 2019 and opened in 2023. The 35-story tower boasted luxury rooms starting at $500 a night and featured 132 condominiums.

Join Alex McLeod, Founder and CEO of Parlay Finance, to discuss Small Business lending. As a thought leader in the space, we wanted to get Alex in here to discuss SBA programs, challenges from both the business and banking sides, and the benefits of a tech stack that supports SMB lending.Send us a textPresented by Remedy ConsultingTechnology Contract Negotiation & System Assessments, T&C Improvements, and FI Strategic Planning.For more information on BankTalk:BankTalk WebsiteSubscribe to BankTalk NewsRemedy Consulting WebsiteRemedy LinkedInTo speak on the BankTalk Podcast, please email us.

In this episode of Small Biz Florida, host Tom Kindred broadcasts from the 2024 annual FLAGGL conference in Orlando. During the event, Tom interviews Joshua Talbert, the co-founder and chairman of mysherpas, a FinTech company revolutionizing small business lending. Joshua details how mysherpas simplifies the often complex lending process by leveraging technology to enhance communication and document handling, benefiting both lenders and small business owners. Listeners will gain insights into how technology is reducing the time it takes to secure business loans and making the overall experience smoother for all stakeholders involved. This podcast episode was recorded live at the Florida Association of Government Guaranteed Lenders annual conference hosted at the JW Marriott in Orlando. This podcast is made possible by the Florida SBDC Network and sponsored by Florida First Capital. Connect with Our Guest: mysherpas

With all of today's financial technology, has small business lending lost ‘the human touch?' In this episode, we dive into the results of the FDIC's 2024 Small Business Lending Survey which finds that from the smallest banks to the largest institutions, small business loans are still generally made by…people.

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.

In this episode, we're joined by Laurence Day, Co-founder of Wildcat Finance! We discussed undercollateralized lending and RWAs in DeFi, the impacts of capital efficiency and liquidity fragmentation on lending markets, and how privacy comes into play. Finally, we unpacked the primary use cases for Wildcat. Thanks for tuning in! -- Resources Bell Curve Season 1 - The DeFi Credit Boom: https://youtube.com/playlist?list=PL6TA5PBj6svssNaiKjT6TykX56LikLZ-P&feature=shared -- Index Coop's Leverage Suite provides streamlined access to leverage, with built-in liquidation protection and low fees. Non-US users can now trade 2x, 3x and inverse leverage tokens for ETH and BTC on Arbitrum, Base, and Ethereum Mainnet. Stop overpaying for leverage. Save up to 6x in fees compared to perps: https://indexcoop.com/blockworks-leverage -- L2s and L3s are history. Supra Containers give you dedicated, customizable AppSpace on Supra's Layer-1 to rescue you from the costs, complexities, and fragmentation of L2s and L3s.  Containers help you build with better customization and control than appchains at a fraction of the cost. Use your own token as the gas token, create local fee markets with custom gas amounts or just go gasless, and scale on demand whenever you need to. Supra Containers are secured by Supra's L1 nodes and get access to Supra's 500k TPS throughput, sub-second consensus latency, and all their built-in services like oracle price feeds and onchain randomness without any overhead. Supra is also MultiVM compatible so you can easily deploy your EVM, Move, and SVM smart contracts here. Get all the freedom, control, and tools you need to build super dApps and bring the world onchain. To learn more, visit www.supra.com/blockworks -- Fuel Ignition launches as a high-performance Ethereum L2, running on consumer hardware to combat blockchain centralization. Powered by FuelVM, it offers fast, low-cost transactions with Ethereum and Solana wallet support. Explore our growing ecosystem of DApps for crypto management, DEXs, lending, and more.  Visit fuel.network to learn more and start building for tomorrow, today! -- Follow Wildcat: https://x.com/WildcatFi Follow Laurence: https://x.com/functi0nZer0 Follow Mike: https://x.com/MikeIppolito_ Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH -- Timestamps: (0:00) Introduction (3:01) The History of Lending in DeFi (8:04) Undercollateralized Lending and RWAs in Crypto (16:47) Overview of Wildcat (23:23) Capital Efficiency and Liquidity Fragmentation (31:23) Transparency in DeFi Lending (41:54) Privacy in Onchain Lending (46:25) Index Coop Ad (47:31) Supra Ad (48:27) Fuel Ad (49:22) Letting Borrowers Dictate Terms (53:21) Handling Defaults (55:45) Use Cases For Wildcat (1:02:52) Small Business Lending (1:10:40) How DAOs Can Utilize Wildcat -- Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

In this episode of Small Biz Florida, host Tom Kindred is joined by lending experts Nathan Shepard, Javier Jorge, and Daniel McDonald from Lake Michigan Credit Union. Recorded live at the 2024 Small Business Success Summit in Ponte Vedra, Florida, this conversation sheds light on the key differences between banks and credit unions, emphasizing how relationship-building can expedite the lending process for small businesses. The team discusses the growing demand for small business acquisition loans, with a deep dive into the versatile uses of SBA 7(a) loans and the strategic focus on small balance lending. Tune in to learn about the current lending landscape in Florida and how credit unions like Lake Michigan Credit Union play a crucial role in supporting small businesses. This podcast episode was recorded live at the Small Business Success Summit hosted at the Sawgrass Marriott Golf Resort & Spa in Ponte Vedra Beach, FL. This podcast is made possible by the Florida SBDC Network and sponsored by Florida First Capital. Connect with Our Guest: Lake Michigan Credit Union

If your business, brand, or idea needs funding, this episode is for you! Our new guest Host, Noa Simmons, is here to introduce us to her helpful start-up: GoodBread. A huge roadblock to any small business or entrepreneur or self-starter is access to cash. You need to make purchases to get things running, often before you can even welcome customers. Big lenders and banks can run you through a lot of paperwork and processes, just to shoot you down in the end. That's where GoodBread is stepping in. Get the scoop on Noa's mission to make our business goals easier to reach, with less stress. You can sign up for more HERE: https://goodbread.net/ ⇩ Find Catherine ⇩ Instagram: https://www.instagram.com/catherinehover/ Palette Co-Work Community: https://www.instagram.com/thepalettecommunity/ Paint and Sip: https://www.instagram.com/saratogapaintandsip/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Send us a Text Message.Small business lending. Name a desire shared by most credit unions and those three words capture it. Most definitely want to do more small business lending but most also are falling short of their own expectations.On the show today is Sherif Hassan, an expert in how to better use data to make more and more profitable loans.Sherif is a veteran on this show.  He appeared on episode 113, almost four years ago, and his topic then was “The Opportunity in Small Business Lending.”It's not coincidence that this episode wears the same title - but this is a very different, very upbeat show. Sherif is convinced credit unions are well positioned to score very big in this market.  He tells why and how.Along the way Sherif tells about Benford's Law, a mathematical formula that automates fraud detection in loan apps.  There's a link in the show notes to a paper he wrote about it.There's also a link to a paper he wrote on highly cost effective data procurement. In one case a small business lender saved $325.000 a year simply by buying data to use in reviewing loan apps more effectively.  Many, many other lenders could do likewise, says Sherif.If you want an upbeat, optimistic show about doing better at small business lending, this is the episode for you.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

Joining us today is Cory Kampfer, President of Small Business Lending at Enova, which operates the leading small business lending brands OnDeck and Headway Capital. Cory has been immersed in the small business lending space since 2011 when he joined OnDeck. Over his tenure, he's witnessed the evolution of fintech lending and how it has transformed access to capital for Main Street businesses like retailers, contractors, accountants and more. In this episode, Cory provides his unique perspective on the key financial needs and challenges facing small businesses today based on data insights from Enova's $18 billion in originated loans. He discusses how fintech lenders like OnDeck are able to better service this market compared to traditional banks and other financing sources. Cory also shares how the borrower experience and application process has progressed over the years to become quicker and more digital-friendly. We'll learn what metrics and approaches Enova uses to continually improve that journey. Whether you're a small business owner, entrepreneur, or just interested in the lending landscape, this is an insightful discussion you won't want to miss. Let's dive in! The big ideas SMBs struggle to access financing from traditional banks: "There still is a real gap in terms of traditional banks and financing sources lending to small businesses, not because I don't think they may want to, but they're just not calibrated to do it very well." Online lending has become more accepted and appealing to SMBs: "What we see more that's very different from what we started with is, people, in many cases, go first to an online lender, because the application process is just so quick and easy. And they can get the answer that they need." Using technology and data analytics is key to efficiently underwriting SMB loans: "We need to leverage technology. We have lending algorithms that help us through machine learning to give offers in a much more automated way...you need to leverage the data and the analytics, which our teams ingest, and then can give you a loan offer in the matter of minutes or hours." A smooth application experience is crucial for attracting and retaining SMB borrowers: "In the application process, we want it to be a quick and easy process for them to be able to get through it...it's great to see that kind of repeat traffic because obviously what we did is working to help them grow their business." SMBs are optimistic about growth despite challenges: "The survey we just did, what it screams is that small businesses are very optimistic. They're hiring – you can see that in the data in terms of their investing more in employees. That's kind of putting their money, where their mouth is."

Send us a Text Message.Scrolling through LinkedIn, I happened upon this post on Seth Brickman's page: “I am excited to announce that I am now the President, Ranqx and can't wait to help credit unions help small businesses and change communities for the better.”Stop presses.  Brickman, longtime listeners to this podcast well know, had been CEO of QCash, an innovative service birthed at WSECU and which had been sold to Alloya, a bit over a year ago.What was up with Brickman?  On LinkedIn he also posted a Ranqx press release that quotes him saying this: “Small businesses make up almost half the workforce, half of the US commercial revenue and over 60% of net new jobs. The ability to help small businesses get access to the capital they need in a fully digital way with each credit union's own underwriting criteria in under 5 min (as opposed to 1-2 weeks) will be a game changer for communities nationwide and bring businesses back into the credit union. Any time we can drive deposits and impact communities at the same time, we are doing good things for the industry.”We had to book him on the show.Here's the core Ranqx selling proposition: its technology can let a credit union process a loan app from a small business in perhaps five minutes as opposed to the two weeks it might take a human employee to do the same work.Oh, consider that maybe 70% of small business loan apps are declined by credit unions.  And each of those applications consumed two weeks or more of human labor.Bring on the machines!Brickman knows that most credit unions are struggling to bring in small business members. And he believes the Ranqx tools - white labeled - will enable credit unions to more successfully attract small business members.In the show he also notes that Ranqx is already a CUSO, it has credit union investors but is looking for more. He also says he soon will be looking to hire sales people - email him here.Give the guy a break, too. We talked on his fourth day at Ranqx.  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

Host @Michael Kerr and @Martin Cattach , founder of Finance for Business, discuss the stranglehold the big four banks on small business lending, and explore alternative options for financing. Martin outlines alternative #financing options, especially the diverse and fast growing range of #fintechlenders for #smallbusinessesWe cover;The role of #workingcapital in business growthThe entanglement trap that owners often find themselves inThe importance of understanding your financial positionHow to get more value from your accounting software package and bank account dataPlanning ahead to avoid cash flow problemsThe role of fintech lenders in providing quick and flexible funding solutionsMartin shares examples of clients he has worked with and the positive impact alternative financing has had on their businesses.@kerrcapital@finforbiz Thanks for listening. Visit the Small Business Banter website to subscribe, listen back, or check out any resources or information mentioned on the show. Search @SmallBusinessBanter on your favorite podcast player to subscribe and listen to the episodes. Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business. michael.kerr@kerrcapital.com.au www.smallbusinessbanter.com.au

In this episode of The Lending Link LIVE, host Rich Alterman is joined by Mike Horrocks, SVP of Corporate Strategy and Product Marketing at Baker Hill, at the 2024 FinTech Meetup in Las Vegas. Horrocks brings over two decades of experience at Baker Hill, specializing in commercial lending, small business lending, and risk management. Throughout their discussion, they examine the evolving underwriting standards in commercial lending, emphasizing the impact of advanced technologies and data on enhancing decision-making and operational efficiency. Rich and Mike explore how these technological innovations are addressing the shifting demands of the finance industry. This conversation provides valuable insights into how technology is transforming finance, improving processes, and addressing key industry challenges.

In This Episode: Ron Benegbi, founder and CEO of Uplinq, and Derek Ellington, a banking executive and strategic advisor to Uplinq, discuss how Uplinq is leveraging technology and alternative data points to greatly improve the lending process to small and mid-sized companies.

Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires financial institutions to collect and report data on small business lending to the Consumer Financial Protection Bureau (CFPB). The details of the CFPB 1071 rule are laid out in an extensive 888-page document, so it's no surprise that many financial institutions aren't sure where to start when it comes to preparing for compliance.In this episode, Abrigo Senior Consultant Paula King offers a comprehensive exploration of the rule's main elements, some first steps for compliance, and a brief overview of how it has been received, including the legal controversies following the rule. As financial institutions wait for finality on this regulatory shift, it's important for banks and credit unions of all sizes to understand the nuances of Section 1071. Listen in for insights into the future of small business lending.  Helpful links:Webinar: Understanding the impact of CFPB 1071 on small business lendingBlog: The CFPB section 1071 effective dateChecklist: CFPB 1071 Rule: Checklist for compliance successCheck out the series!Ahead of the curve: A banker's podcastLooking for ideas, tips, and best practices to take your financial institution to the next level? Look no further than this podcast featuring insights from banking leaders and advisors across the industry. We'll tackle a range of topics — technology implementation, loan grading, banking cannabis, and more to ensure you stay ahead of the curve in this fast-changing environment.You can find all episodes of the podcast on abrigo.com or on your favorite podcast app or platform. We can help you navigate 1071 deadlines and compliance. In addition to our 1071 resource page for lenders, which has updated information to help prepare for the new requirements, Abrigo's Loan Origination Software will have all required data fields in a borrower-facing collection form, access to pre-built reports, and the ability to export for CFPB reporting. Your financial institution can comply with 1071 while streamlining the origination process and ongoing customer management while working with a trusted partner of 2,400 institutions. Talk to a specialist to learn more.

Join us in this insightful episode as we dive deep into the world of design with Dresden McBride, Head of Design for Small Business Lending at JPMorgan Chase. From an early fascination with advertising sparked by a second-grade toothpaste poster project to a career spanning traditional advertising agencies and digital marketing, Dresden shares her journey through the evolving landscape of design and marketing. Key Points Discussed: Early Beginnings: Discover how a school project ignited Dresden's passion for design and led her to aspire towards a career in advertising, inspired by iconic roles in 'Melrose Place' and 'Boomerang'. Career Evolution: Learn about Dresden's transition from traditional advertising to mastering digital marketing, including a stint at Capital One, and her role in the burgeoning field of UX design. Research and Design: Explore the dynamic between designers and researchers in creating user-centric digital experiences, highlighting the importance of collaboration and open communication. Advice to Designers and Researchers: Dresden offers pearls of wisdom for budding designers and researchers, emphasizing patience, openness to opportunities, and the value of constructive partnerships. A Personal Touch: Enjoy light-hearted stories from Dresden's life, including humorous takes on the Tooth Fairy tradition and reflections on personal growth and career development. Wrap-Up: Dresden leaves us with a thoughtful message to her younger self, encouraging patience and the ability to enjoy the journey without rushing through life's milestones.

The US Small Business Administration facilitates a lot of small business loans all across the country. A small Upstate bank actually broke into the top 25 list of SBA lenders last year with more than $177 million in SBA loans. That's out of more than 1,500 banks nationwide. Mike Switzer interviews Beth Hallock, president of SBA lending at United Community Bank in Greenville, SC.

In this special solo episode of The Consumer Finance Podcast, Chris Willis provides an important update on the Consumer Financial Protection Bureau's (CFPB) new small business lending data collection and reporting final rule — the Section 1071 Final Rule. In October, a Texas federal court entered a nationwide injunction covering all small business lenders, essentially saying that both the implementation and enforcement of the 1071 rule would be stayed pending the outcome of the Supreme Court's decision in the Community Financial Services Association case. Chris addresses the timing of the injunction, its impact on small business lenders, including the "free look" period for lender to voluntarily collect 1071 data, and what small business lenders can do to prepare for the potential lifting of the injunction after the Supreme Court's decision.

Danae Perkins, senior analyst for small business lending at Curinos, shares insights on how banks and credit unions can better utilize data to connect with small-business borrowers and manage risks inherent in a high-rate environment.To learn more, please email our Sales Solution Expert John Antiskay at john.antiskay@curinos.comRate and subscribe! | Learn more at curinos.com | Questions or feedback? Email us at finsights@curinos.com

“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.” The latest episode of the ABA Banking Journal Podcast — sponsored by Intrafi — continues a series of conversations on the business outlook, following last week's episode on the perspectives of CFOs at large corporates and the upper end of the middle market. In this episode, Cabrera discusses: What Umpqua Bank's latest Business Barometer survey says about optimism and growth plans among small businesses and the middle market, which represents 45 million jobs and one-third of U.S. GDP. How banks can work effectively with small and middle market clients, including advising on cybersecurity. Why small and middle market businesses in the western U.S. are more optimistic than their counterparts in other regions. The growing trend of onshoring and nearshoring in middle market supply chains — and what that means for their commercial real estate needs. The continued strength of industrial and warehouse real estate.

Rob Straathof, CEO of Liberis - Embedded Finance and Small Business Lending Trevor Prince sits down with Rob Straathof, CEO of Liberis, an embedded finance platform that partners with companies like Klarna, Barclaycard, and Worldpay to empower small businesses with funding solutions. Through analysis of data on its partners' platforms, Liberis provides small businesses with pre-approved funding offers and streamlined access to capital. To date, Liberis has funded over 50,000 businesses with more than £1 billion in funding. In this episode, Rob discusses his path from an aspiring astronaut to leading a global FinTech company, Liberis' platform relative to traditional lenders, as well as business funding options and their impact on small businesses. He also discusses his experience and perspective on working with regulators in financial services, GenAI's applications in business, and much more. About Rob Straathof: Rob has served as the CEO of Liberis for over 8 years. Prior to Liberis, he led Corporate Development at Wonga.com and worked in Tech and FinTech M&A at JP Morgan. Rob's career journey began early on in his family's delicatessen and catering business in the Netherlands. Rob is passionate about creating value and impact for small businesses and their communities. He earned a Master of Science in Economics from Erasmus University Rotterdam, and enjoys flying as an instrument-rated private pilot.

Small- and medium-sized businesses are a huge lending market that's hugely overlooked. Will Tumulty, CEO of Rapid Financial Services, talks about the needs small business owners face and describes how his company is working to meet those needs and in the process, combine smart technology and smarter customer interaction to redefine how SMB lending is done.

President and Head of Banking at Citizens Sarah Lindstrom shares advice for small business owners looking for loans to start or expand their businesses, as well as how the economic environment stands currently in New Hampshire in regards to inflation pressures, supply chain issues, increased wage costs and finding talent.

Director of Consumer & Small Business Lending Lindsay Burkhalter joins host Rutger van Faassen to discuss Curinos' recent Perspective “Precision Pricing in Small Business Lending,” co-written by Lindsay and Adam Lee Purvis (Director, Real Estate & Consumer Lending). Read the Perspective: https://curinos.com/our-insights/curinos-perspective-precision-pricing-small-business-lending/Rate and subscribe! | Learn more at curinos.com | Questions or feedback? Email us at finsights@curinos.com

This recording is from Fintech Nexus USA held at the Javits Center in New York City on May 10-11, 2023.Session: "Small Business Lending Update: The Credit Squeeze, New CFPB Rules, SBA 7(a) and More " from the Lending, Banking & Payments: SMB Fintech Comes of Age track - Sponsored by DiscoverFeaturing:Ryan Rosett, CrediblySteve Allocca, Funding CircleModerator: Julapa Jagtiana, Federal Reserve Bank of PhiladelphiaTo receive updates about the 2024 Fintech Nexus USA event, join our LinkedIn event here:  https://www.linkedin.com/events/fintechnexususa20247063890713540734977/

Please join Troutman Pepper Partner Chris Willis and his colleagues Lori Sommerfield and Caleb Rosenberg for the second installment of a special three-part series about the Consumer Financial Protection Bureau's (CFPB) new small business lending data collection and reporting final rule — the Section 1071 rule. Part 2 takes a deeper dive into the rule's data collection requirements, including what needs to be collected, when and how, and significant new provisions, dealing with discouraging people from responding to Section 1071 information requests, particularly concerning demographic information.Stay tuned for Part 3, which focuses on specific areas for consideration, including those especially troublesome for small business lenders.CFS Partner Lori Sommerfield brings more than two decades of experience in representing a wide range of banks, financial institutions, and financial services companies in fair lending and responsible banking regulatory compliance. She has extensive experience in helping clients navigate fair lending examinations and supervisory issues, and she has successfully represented clients in high-stakes fair lending regulatory investigations and enforcement actions. Before joining the firm, Lori held significant legal positions in federal government, in-house, and private practice settings (including two other nationally known law firms), which she leverages to effectively represent her clients' interests.CFS Associate Caleb Rosenberg focuses his practice on helping small business finance companies, banks, fintech companies, and licensed lenders navigate regulatory risks posed by state and federal laws. He has experience performing regulatory due diligence on financial technology companies and assisting clients in responding to regulatory inquiries.

Manager of Small Business Lending Strategy Bryan Snyder joins host Rutger van Faassen to discuss the implications of the recent fed hike on small businesses. Rate and subscribe! | Learn more at curinos.com | Questions or feedback? Email us at finsights@curinos.com

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.

Please join Troutman Pepper Partner Chris Willis and his colleagues Lori Sommerfield, Addison Morgan, and Josh McBeain for the first installment of a special three-part series about the Consumer Financial Protection Bureau's (CFPB) new small business lending data collection and reporting final rule — the Section 1071 rule. Part 1 of this special series provides a general overview of the rule, including:What the rule is designed to do;The definition of a small business for the purpose of this rule;What types of small business lenders are covered;Covered and excluded credit transactions as defined by the rule;The three types of data required to be collected;Anti-discouragement provisions of the rule;Data collection and reporting requirements and what the CFPB intends to do with the collected data;Safe harbor provisions within the rule; andThe differences between the proposed rule and the final rule.Stay tuned for Part 2 of this special series that takes a deeper dive into the rule's data collection requirements and anti-discouragement provisions.CFS Partner Lori Sommerfield brings more than two decades of experience in representing a wide range of banks, financial institutions, and financial services companies in fair lending and responsible banking regulatory compliance. She has extensive experience in helping clients navigate fair lending examinations and supervisory issues, and she has successfully represented clients in high-stakes fair lending regulatory investigations and enforcement actions. Prior to joining the firm, Lori held significant legal positions in federal government, in-house, and private practice settings (including two other nationally known law firms), which she leverages to effectively represent her clients' interests.CFS Associate Addison Morgan represents several of the nation's preeminent financial institutions in litigation arising under the Fair Credit Reporting Act, Telephone Consumer Protection Act, Fair Debt Collection Practices Act, Federal Trade Commission Holder Rule, and other consumer protection state analogs. In addition to his litigation practice, Addison also provides regulatory compliance assistance to a wide array of companies across the financial services industry.CFS Associate Josh McBeain focuses his practice on federal and state consumer and business lending and payments laws, including those applying to credit cards, installment loans, lines of credit, point-of-sale finance, and the development of digital financial service products. Before joining the firm, Josh served as in-house counsel to a major financial institution where he advised on an array of regulatory, legal, and compliance issues. He also worked at the Federal Reserve Bank of Minneapolis for several years, where he examined banks for compliance with consumer and business laws.

For many small business owners, the first step on the credit ladder is the hardest, and they may miss opportunities to build business credit and grow their business while relying on personal credit instead. On the latest episode of the ABA Banking Journal Podcast — sponsored by R&T Deposit Solutions — Amegy Bank EVP Jevaughn Sterling talks about Zions Bancorporation's Small Business Diversity Banking Program, organized as an “special-purpose credit program” under Equal Credit Opportunity Act. Sterling discusses: What defines an SPCP and how it is designed to improve access to capital by helping small business owners build business credit instead of relying on personal credit. How Zions designed the Diversity Banking Program to be tailored to the needs of disadvantaged small business borrowers. How loan terms may look similar and different for Diversity Banking Program participants. The nuts and bolts of designing, getting regulatory approval for, launching and marketing the Diversity Banking Program. Results seen, lessons learned and tips for other banks considering a special-purpose credit program. His own career journey as a commercial lender. View ABA resources on special purpose credit programs.

News of Silicon Valley Bank's collapse late last week jolted the banking industry and sent many people's anxiety levels to an elevated state as they contemplated the ramifications of more financial turmoil. As this story continues to evolve on a national scale, having local context of the associated impacts of this recent instability is important for business owners and residents alike. On this week's Mind Your Business, we visit with Brian Greer, Watauga Market President of LifeStore Bank. He explains the steps that led to the demise of Silicon Valley Bank, while also sharing the differences between banks like SVB compared to community and regional banks that are more prevalent in our marketplace. While providing reassuring remarks about confidence in the community banking system, Greer also explains the types of benchmarks in your personal or business banking habits that should motivate you to talk with your banker or financial planner, so potential issues can be avoided. If you have questions about your coverage, or would like to learn more about FDIC insurance and how it works, we encourage you to access the following resources: Understanding Deposit InsuranceFDIC Deposit Insurance FAQsFDIC CalculatorsMind your Business is produced weekly by the Boone Area Chamber of Commerce. The radio show airs each Thursday morning at 10:05AM on WATA (1450AM/96.5FM) in the High Country. The podcast version of the program is made possible each week by Appalachian Commercial Real Estate and sponsored in part by Appalachian Regional Healthcare System. Support the show

Today we are talking to Jonathan Fodera, who has been in business financing for 14 years and has helped thousands of entrepreneurs get over 500 million in funds for their businesses. He's the founder of Integrated Business Financing (https://www.integratedbusinessfinancing.com/), which is a small business lending marketplace that specializes in getting businesses into the best financing programs they qualify for. Learn all about business financing, how to get money for your business, when you should get financing, where to start, and how to grow. Should you get a loan? Should you get a line of credit? When should you do that? When should you avoid that? All those steps and more.  This is the Brands On Brands Podcast with Brandon Birkmeyer GET THE WEEKLY NEWSLETTER This is the best way to have branding and marketing secrets delivered to your inbox, and get first looks at new resources. https://www.brandsonbrands.com/bteam SUBSCRIBE TO MY CHANNEL Watch each week as we interview the top minds in marketing and share tips to build brands that matter. https://www.brandsonbrands.com/youtube CONNECT WITH ME Connect with me on social media: https://www.brandsonbrands.com/hotlinks JOIN THE PODCAST BRANDING ACADEMY Get your free podcasting 101 starter kit and more! https://www.podcastbrandingacademy.com CONVERT 1 HOUR INTO 1 MONTH OF CONTENT Get my Ultimate Guide to Repurposing Content, which includes 3 Content Creation Tips, 11 Content Creator Tools, 30 Repurposed Post Examples, 28 Content Calendar Prompts, & 30 Bonus Post Ideas https://www.brandsonbrands.com/toolkit

In this episode, Joe is joined by the founder and CEO of Fountainhead, Chris Hurn.  Fountainhead is a Small Business Administration (SBA) approved direct commercial lending firm. As a non-bank lender, Fountainhead provides personalized service and expertise to small business owners and entrepreneurs. Chris explains the SBA lending process and tips on overcoming the challenges of funding. Joe and Chris also discuss the different paths to business ownership and the opportunities to Veteran entrepreneurs. Learn more about Fountainhead here.    About Our Guest   Chris Hurn is the founder and CEO of Fountainhead, a Small Business Administration (SBA) approved, nationwide, nonbank, direct commercial lending firm that specializes in providing growth financing for business owners. He and his executive team have collectively closed over $24.09 billion worth of projects making them one of the most experienced teams in commercial lending to owners of small to mid-sized businesses.     Join the conversation on Facebook! Check out Veteran on the Move on Facebook to connect with our guests and other listeners. A place where you can network with other like-minded veterans who are transitioning to entrepreneurship and get updates on people, programs and resources to help you in YOUR transition to entrepreneurship.     About Our Sponsors Navy Federal Credit Union  If your New Year's resolution has anything to do with fixing up your house then Navy Federal can help you get started on your next home improvement project. They offer a home equity line of credit with convenient access to funds when you need them at a variable rate. You can also get a fixed-rate equity loan that has set monthly payments for large purchases.  Learn more at navyfederal.org.  At Navy Federal, our members are the mission.     Want to be our next guest? Send us an email at interview@veteranonthemove.com.  Did you love this episode? Leave us a 5-star rating and review!  Download Joe Crane's Top 7 Paths to Freedom or get it on your mobile device. Text VETERAN to 38470. Veteran On the Move podcast has published over 460 episodes. Our listeners have the opportunity to hear in-depth interviews conducted by host Joe Crane. The podcast features people, programs, and resources to assist veterans in their transition to entrepreneurship.  As a result, Veteran On the Move has over 7,000,000 verified downloads through Stitcher Radio, SoundCloud, iTunes and RSS Feed Syndication making it one of the most popular Military Entrepreneur Shows on the Internet Today.

There are many issues blind and partially sighted people face when trying to find work and get on to the career ladder and of course there are some great paid work placement programmes including some by the RNIB too. One option might be to set up your own business and be your own boss.  How easy might that be and how accessible are the resources out there to help you too as a blind or partially sighted person? Well, the British Business Bank have been working together with the RNIB to make their business start-up online resources accessible to blind and partially sighted people. With Business Finance Week starting on Monday 7 November 2022 and the focus on Monday being all about starting up your own business RNIB Connect Radio's Toby Davey caught up with Richard Bearman, Managing Director, Small Business Lending, Start Up Loans at British Business bank and Robin Spinks, Head of Inclusive Design here at the RNIB to find out more about the British Business Bank's new online accessible resources and how they worked together with the RNIB to make the resources  accessible to blind and partially sighted people. Richard told Toby about the benefits of being your own boss and starting up your own business, highlighting some of the business side of things that do need to be in place along with your great business idea to ensure that you get through those early years and that your business does become successful.   RNIB are the UK's leading sight loss charity and cannot promote or endorse a commercial enterprise or their products. We want to work collaboratively with organisations to provide equitable opportunities for blind and partially sighted people who want to start their own business. For more about the British Business Bank and their accessible online resources do visit their website- https://www.british-business-bank.co.uk/start-up/ (Image shows RNIB logo. 'RNIB' written in black capital letters over a white background and underlined with a bold pink line, with the words 'See differently' underneath)

On this week's episode, Chris is interviewed by Orlando Business Journal on Fountainhead's role with PPP.For more info and resources visit https://fountainheadcc.comIf you have a question you want us to answer on the podcast, email it to info@fountainheadcc.com

This week we are excited to bring to you a different type of episode with Marti Hoffer, the Founder and CEO of Lumenomics whom I met at the WBENC conference. I met Marti at WBENC as she was one of the guests on stage speaking discussing financing her small business. Part of her conversation was centered around CDFIs and how they were the first organization to provide her small business with capital. If you are wondering what a CDFI is, let me explain further. Community Development Financial Institutions (CDFIs) are specialized community based financial institutions with a primary mission to promote economic development by providing financial products and services to people and communities underserved by traditional financial institutions, particularly in low income communities. That is what is said on the website. The bottom line is these places have money for people who cannot otherwise get access to capital. They also include community development banks and credit unions, and non-regulated institutions such as non-profit loan funds or venture capital funds. So in this episode Marti shares briefly what she did and how she did it. So who is Marti Hoffer and what does Lumenomics do? Lumenomics is a natural daylighting company designing, installing, and servicing integrated performance illumination systems for commercial buildings. After over 25 years of experience in the window treatment and lighting control industry, Marti Hoffer, founder and CEO of lumenomics, noticed a problem: customers purchase window treatments to increase the use of electric light, not decrease it. With her vision to increase the use of natural light by decreasing reliance on the electric light in spaces through integrated shade and lighting systems. So that's the premise of their business and that's what they do. Tune in to this short but sweet episode with our next giant, Marti Hoffer.

This recording is from Fintech Nexus USA (formerly known as LendIt Fintech USA) held at the Javits Center in New York City on May 25-26, 2022. It is from the track: SMB Fintech: New Solutions for Lending & Banking - Sponsored by Fundbox and is titled: The State of Small Business Lending Post Pandemic. Speaking at this session are Ryan Rosett, Credibly, Jim Granat, Enova,  with Moderator: Denada Ramnishta, Lendio.

In today's episode of Credit Union Conversation, host Mark Ritter talks with Small Business Lender, Tammy Baker, of Nu Direction Lending. Tammy and Mark start the show by reviewing the new cap rules for credit union business lending. They also talk about best practices in participation lending, small business loans, and Tammy gives an overview of lending with Nu Direction Lending.

One could argue that entrepreneurship is an integral part of the American Dream—but just how easy is it to achieve that dream? Luckily for potential small business owners, the SBA and online lending options are making the dream an increasingly realistic possibility.Stephen Speer, Founder, CEO and Online Business Acquisition Advisor of eCommerce Lending, joins us today to discuss what his world looks like in the online lending space, as well as how COVID-19 has impacted the industry.In episode 3, season 2 of The Deal Closers, Izach and Stephen talk about the ins and outs of SBA loans, their limitations, and what goes into the process. Listen and find out some red flags buyers and sellers can look out for, and how sellers can best prepare to sell their business.In this episode, you will learn:How Stephen got started in lending and the path that led him to founding eCommerce Lending (01:13)A little about eCommerce Lending's acquisition process (05:11)Why there are so few alternatives to financing outside of the SBA (06:57)Some background information on SBA loans and the different types (10:34)How a small business owner can go about securing an SBA loan from the right lender (14:06)What the experience looks like for the buyer in the process (17:35)Some challenges or issues that come up that could be a showstopper (22:04)The impact of COVID-19 on the process (24:28)What the minimum downpayment looks like for an SBA loan and the variations that may occur (26:26)Resources:Website ClosersConnect with Stephen Speer:LinkedIneCommerce LendingConnect with Izach Porter:LinkedIn Hosted on Acast. See acast.com/privacy for more information.

Tim Hunter is a Business Development Officer for Fidelity Bank, based in Raleigh, North Carolina. Tim and I bonded over our mutual appreciation for small and blue-collar businesses. We covered: Why would you use a bank as a small business owner?How to interview lenders as a business ownerBenefits of a community bank for a small businessDo you need to offer a personal guarantee?The importance of doing business in a niche you understandBank "quotas" on lending to specific types of industriesProcess and structure of a community bankFamily time as a way to decompressThe importance of having an inner circle of advisors ---Fidelity Bank: https://www.fidelitybank.com/---Subscribe to my newsletter to get updated every week with a new episode at https://jonahpollone.com/Connect with me on LinkedIn: https://www.linkedin.com/in/jonahpolloneFollow me on Twitter: https://twitter.com/jonahpollone

For the full audio interview, transcript, show notes and more visit: https://altassetallocation.com/ Nelson Chu is the Founder and CEO Cadence, a digital securitization and investment platform for private credit. Best described from their website: Cadence is unlocking access to exclusive high yield, short term investments traditionally reserved for institutions. Earn up to 10% APY on your investment in as little as 1 month with a low minimum of just $500 to get started. Really enjoyed this conversation about Cadence and the Private Credit offerings on their platform. Private Credit is a catch all for alternative assets - not including real estate - including things like: Small Business Lending, Consumer Loans, Factor receivables. This Market has a $1T market size and rapidly growing with about $400B sitting on the sidelines. Cadence is a very interesting alternative investment platform and I'm loving the offerings that they've been offering since their launch. Enjoy this conversation with Nelson Chu of Cadence Alternative Investments. --- Support this podcast: https://anchor.fm/investinalts/support