Westlake Financial (Westlake) rolls out new Commercial Vehicle Financing Program. This new program will be available in 8 markets and will expand nationwide throughout the year. Westlake’s Commercial Vehicle Program allows dealerships to offer financing of up to $65,000 for vehicles ranging from Cargo Vans to Big Rigs. Terms can vary from 36 to 72 months, depending on the vehicle mileage, with minimal stipulation requirements. This new program is available in the following states: Georgia,...
Timely Release of AI Module Eases Strain on Lenders and Financially-Stressed Borrowers
Leading Small Business Lender Obtains U.S Department of the Treasury and Small Business Administration (SBA) Approval to Participate as a Paycheck Protection Program Lender
Newgen Software Technologies (UK) Ltd, a global provider of low code digital automation platform, announced that it has launched an SME lending software to help financial institutions in the UK -in promptly processing loans to small businesses under the Coronavirus Business Interruption Loan Scheme (CBILS) . The low code lending application can be deployed within hours for each financial institution. CBILS has been announced by the government to provide financial support to small and medium enterprises (SMEs)...
Mortgage lender adds office in Huntingdon Valley, Penn., welcomes BM Steve Umansky
CommLoan LLC Hires New Vice President of Business Development For Austin, Texas.
Solution Provides Community Banks and Credit Unions With Digital Application and Document Collection, SBA E-Tran Upload, and Core Integration
Fintechs combine proprietary technology to support community financial institutions and small businesses, streamline SBA PPP loan application process
Impac Mortgage Holdings, Inc. (N On March 30, 2020, the Company announced that it had instituted a temporary suspension of all lending activity. While mortgage markets may appear to be normalizing, the industry, most acutely for non-bank mortgage originators and servicers, continues to manage to the uncertainties of the various initiatives promulgated by the U.S. Federal Government, the Federal Reserve and other state and local governmental and quasi-governmental agencies relating to economic stimulus, mortgage principal...
