Sentences with phrase «for lending you more»

Overdrive has just reported that 49 library systems in the U.S. and two other countries have set a new record for lending more than one million digital books in 2016.

Not exact matches

Helped also by higher interest rate levels after three rate hikes by the Federal Reserve, the core lending business more than offset a weaker quarter for its market division.

The Federal Reserve's decisions over the past 12 months to continuously raise interest rates from the near zero percent level of the past few years have made it more profitable for big banks to lend money.

-- Amy Zimmerman, head of people for Kabbage, a global financial services, technology and data platform serving small businesses which has raised more than $ 1.6 billion in funding and lent out $ 4 billion overall

As the business sector accumulates more surplus cash, it has the effect of driving down interest rates because there's less demand for corporate bonds and other forms of business lending.

We also suggest reimagining the Community Reinvestment Act — which provides incentives for banks to lend to people in low - and moderate - income neighborhoods — to allow more funding to be funneled to startups.

Quite a few of the more established firms have been in the spotlight in recent months for questionable lending practices.

But if deposits dwindle at a bank, it might have to pay a lot more for funding from other sources, or it might have to curtail lending, which would crimp its profits.

Innovations in the Fintech sector — an entrepreneur's perspective More believes that the time is now ripe for innovation in the lending and investing segments.

As accessing capital becomes increasing difficult for Canadian entrepreneurs — especially those who are considered particularly risky by Canada's big banks — other approaches, such as developmental lending, ought to be taken more seriously.

That would have been a boon for banks, which theoretically would earn more from lending funds to consumers.

Even though there are more lending options for small businesses than ever before, a crucial step is missing in the process; and no one is paying attention, leaving business owners increasingly frustrated over their rejections for credit lines and loans.

If you want more proof we're in a recovery and that banks have stopped lurking under rocks when it comes to your request for financing, look no further than alternative lender Biz2Credit's most recent lending status report.

Team Capital's bread and butter is small business lending, and more than 65 % of its total $ 500 million loan portfolio is for small business loans.

«To get the full change to happen, we probably need not only greater representation of women, but we need to see also a cultural shift in organizations that really places greater value on gender equity in the workplace, and makes it more legitimate and acceptable for women to lend a helping hand to other women in the work place.»

The explosive growth of the alternative lending industry has led to more access to credit for small business owners that the traditional banks had been turning away, for sure.

He thinks it's worth paying up for the company, which has recently expanded from e-commerce into lending, and is likely to soon realize more revenue from its popular Venmo payment app.

Wells Fargo, for instance, lent more than $ 22 billion to small businesses between January 2014 and March 2015.

Executives at Amazon and Netflix have said in the past that winning major Hollywood awards are good for business, as they lend even more credibility to streaming players looking to woo viewers to their services while also helping to attract high - profile talent, such as actors, writers, and directors.

Since then, it has acquired two companies that lend more credibility to its quest — TripScanner, for managing travel expenditures and InvoiceSmash, for creating and processing electronic invoices.

Upon initiating coverage this year, Fred Westra of Industrial Alliance Securities wrote, «alternative lenders will experience a golden age» as tighter lending standards for banks push more customers their way.

Public sector banks are likely to be more hesitant to lend money to these borrowers because chances of a turnaround for companies with high levels of debt seem unlikely, at least in the near term, according to Awtani.

It now offers institutions tech tools for mortgage lending, credit card processing, cyberfraud and more.

Once it becomes more profitable for big banks to lend money, the spigots will open.

Which brings us to the more speculative question: If Dodd - Frank wasn't primarily responsible for restricting lending to small businesses, could repealing the law open the credit floodgates back up?

The International Monetary Fund welcomed calls from the U.S. that it should push for more transparency in global trade and lending, the Fund's boss said Sunday.

Lost in that noise is a potentially more significant development that surfaced in March: Canada's largest bank has been named as a defendant by U.S. mortgage giant Freddie Mac for alleged manipulation of LIBOR, the London Interbank Offered Rate, an interest rate benchmark off which international banks lend among themselves.

What is more surprising is that Goldman, also a wholesale bank that serves as an underwriter for some of the most promising alternative finance technology IPOs, will be competing with alternative lending technology platforms that facilitate similar types of loans.

Blankfein has stitched together a patchwork of new initiatives: a consumer bank, a heightened focus on lending and more resources for asset management, including a suite of exchange - traded funds.

There are a few hundred microlenders throughout the United States and while they often charge slightly higher interest rates for loans than banks, they've helped 250,000 - 300,000 small businesses each year and lent more than $ 2 billion nationwide during the past 10 years, according to the Association for Enterprise Opportunity (AEO), the trade association for microlenders.

«Through this increased investment and connections with community lending organizations, we are making meaningful strides toward increasing access to capital for small businesses, as well as helping more business owners get the coaching and educational resources they need to succeed financially long - term.»

«Peer - to - peer lending platforms play an important role because they increase the amount of capital for small businesses by creating new sources of loan capital, more sophisticated credit models, and efficient access,» said a spokesperson for Mr. Leal's office.

For more information on the standard SOMA securities lending program terms, please see: August 26, 1999 - Announcement of Change in Lending Limits for SOMA Securities Lending Program, September 7, 1999 - Revised SOMA Securities Lending Program — FAQs, and September 7, 1999 - Revised SOMA Securities Lending Program Terms and ConditioFor more information on the standard SOMA securities lending program terms, please see: August 26, 1999 - Announcement of Change in Lending Limits for SOMA Securities Lending Program, September 7, 1999 - Revised SOMA Securities Lending Program — FAQs, and September 7, 1999 - Revised SOMA Securities Lending Program Terms and Conditiofor SOMA Securities Lending Program, September 7, 1999 - Revised SOMA Securities Lending Program — FAQs, and September 7, 1999 - Revised SOMA Securities Lending Program Terms and Conditions.

Banks can expand their lending by about eight dollars for every dollar of their reserve, so they make a lot more money out of doing this than they do out of renting you vault space.

We have not seen significant funding problems for US or UK banks recently; their problems at present seem to relate more to the possible size of legal costs arising from pre-crisis lending standards.

China's central bank gave a green light to banks to dig into reserves to lend more, signaling government worries about slowing momentum for economic growth amid rising trade tensions with the U.S.

When prices for real estate or other collateral plunge, it no longer can be pledged for more loans to keep the circular flow of lending and debt repayment in motion.

When people see banks browbeating the bond rating agencies and accounting firms to whitewash the quality of what they're pawning off on their customers, when they see bank lobbyists getting Washington to block state prosecutions of financial fraud so as to clear the way for more predatory lending and false packaging of the junk securities they're selling and to win the right not to reveal their true financial position, there's a good reason not to buy what's in these black boxes.

So Mr. Bernanke's favored policy is to get banks lending again — not for the government to spend more on deficit spending on infrastructure, social services or other full employment projects.

Today, for a number of reasons, many banks are reluctant to issue loans under $ 100,000 or lend to a business that doesn't do $ 1 million or more in annual revenues.

Truth - in - lending, for example, will increase the «cost of production» by «making» banks charge consumers even more for creating credit on their computer keyboards.

Institutions were specialised: trading banks lent to businesses; savings banks lent to households, almost entirely for housing; and finance companies lent for more risky property loans and consumer credit.

But banks are not lending more, for the simple reason that a third of U.S. real estate already is in negative equity, while small and medium - sized businesses (which have created most of the new jobs in America for the past few decades) have seen their preferred collateral (real estate and sales orders) shrink.

One source said it can be tough work to make what he described as a «boring pitch» to investors for a direct lending strategy that, while prosaic, would more precisely match a given investor's requirements than any other investment option on the menu.

AdelaideBank, a division of Bendigo and Adelaide Bank, will today (Wed) announce stricter controls on apartment lending that include bigger sizes, better design, identifiable cash flows for investor / lands and more stringent calculations of a borrowers» capacity to repay.

Asset - backed securities allow issuers to generate more cash, which, in turn, is used for more lending while giving investors the opportunity to invest in a wide variety of income - generating assets.

More than 450 individual lenders have signed up for the online platform since the Oct. 7 launch, with around 100 of them actively participating in lending, says Cato Pastoll, one of the founders.

Sequence is a cloud - based ledger service for managing balances in financial and commerce applications like wallet apps, lending platforms, marketplaces, exchanges, and more.

I have been debating where to start throwing my money, and i have started up a bit with lending club, and vanguard index funds, but most of the hype and youtube videos i see, are people praising divide stocks, and how you can «reinvest that free money back into the stock for more free money!»

If the pace of the economy picks up, banks will probably see demand for more loans — and will raise rates as they compete to attract new deposits to fund the additional lending activity.