IT lending

ABC eats Westpac business lunch

It now appears to be taking action to combat this decline. Westpac boss Peter King has admitted the Sydney-based bank has been too strict in its business lending standards. “We have probably been a little cautious on our credit metrics over the past 12 months and have reversed that trend,” …

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How AI is Shaping the Microcredit Industry

Read the article By Sucheta Mahapatra Sucheta Mahapatra – India MD, Branch Personal Finance Application Since microfinance entered the scene decades ago, it has continued to transform the lives of economically backward people around the world. Microcredit has helped lift millions of people out of the clutches of poverty. He …

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White Oak explodes in pandemic

“Despite the turbulence of the past year and the economic uncertainty, White Oak has achieved a year of exceptional growth, notably thanks to our specialized expertise in the development of tailor-made lending solutions for small and medium-sized businesses,” he said. -he declares. Mr Hakkak said there was a growing need …

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Loans to merchants can help small banks fight fintechs

Community banks and credit unions are under pressure from increased competition from a new category of lenders. It is no longer enough to provide better and more personalized service than the other bank in town. Landing – and increasingly, retaining – small businesses now means going up against lenders Square, …

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CHL Mortgages launches BTL product line

CHL Mortgages has launched a Buy-Lease (BTL) product line with a limited group of Directly Authorized Brokers (DAs) and selected packaging partners. The range includes 5 year fixed rate BTL products which are available at a rate of 3.25% up to 75% LTV and 3.10% up to 65% LTV. Rental …

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Nido shows mortgage lending a less risky option for investors

Monday, May 17, 2021, 2:57 p.m.Press release: Alpha First Mortgage Investments One of New Zealand’s leading non-bank mortgage lenders said the recent collapse and mortgage sale of Auckland’s large home goods store Nido exemplifies the caution with which commercial real estate investors must show evidence when investing their money in …

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