Sentences with phrase «traditional financial institutions offer»

Prosper is a peer - to - peer lending service, which provides a different type of funding for loans than those that traditional financial institutions offer.

Not exact matches

Taking into account that banks and traditional financial institutions tend to not offer loans to cannabis businesses for the time being, many cannabis entrepreneurs fall back on family members and friends for seed capital — and this is probably the way to go at first.
Some financial institutions offer small business loans of up to $ 15,000 earmarked for people who would have difficulty getting a traditional business loan.
This strong revenue growth is happening because fintech companies such as Prospa are providing new and innovative services that delight their customers, compared to the previous offerings from traditional financial services institutions
Banco Macro SA is an Argnetina - based financial institution (the Bank) that offers traditional bank products and services to companies, including those operating in regional economies, as well as to individuals.
Defined as a non-institutional lender that is not associated with any bank, private lenders offer a number of unique advantages over traditional financial institutions.
Online lenders offer such deals, whereas traditional financial institutions are less flexible.
PNC Bank is a national financial institution offering several traditional banking products and services to its customers, including home equity lines of credit.
Today debt consolidation is offered by many different providers including traditional financial institutions; finance companies and specialty lenders; not - for - profit and for - profit credit counselling agencies; as well as bankruptcy trustees.
Many traditional brick - and - mortar financial institutions, including large national banks, offer student loans.
I realized that other types of financial institutions also offer savings accounts online so I expanded my search beyond traditional banks.
Group C: Traditional non-bank financial institutions that offer broad based lending products — trust companies, credit unions, life insurance and financing companies.
Community - based financial institution usually owned by its members that offers traditional banking services like savings accounts and loans, listed on the APRA website as a building society.
Certificates of deposit (CDs) are a great way to safely store your savings at a financial institution, as they offer a guaranteed rate of return, and CD rates tend to be higher than those on traditional savings accounts.
Meeking v. Cash Store Inc. et al, 2013 MBCA 81 (35608) The Cash Store, and its subsidiary, 1152919 Alberta Ltd., carrying on business as Instaloans, offered short - term loans and other financial services as an alternative to traditional lending institutions.
It may be early days in Canada for fintechs, a catchphrase for new innovative financial technology startups, and major technology companies that are challenging traditional financial institutions on their turf by offering cheaper and easier - to - use Internet - or smartphone - based services such as payment apps or peer - to - peer lending or digital currencies, but Canada's Big Six banks are paying heed even though they appear to be on solid ground.
The move demonstrates how cryptocurrencies and blockchain tech are slowly being realized by traditional financial institutions, who are eager to benefit from the reduced operational costs that virtual currencies can offer.
The Bank of America recently won its submitted patent for a cryptocurrency - based exchange system, as more and more traditional financial institutions move towards offering their clients crypto solutions.
Even if some of their propositions were very exciting and unique at some point, traditional financial institutions have grown to adopt a one - fits - all approach, neglecting the uniqueness of each target segment and competing directly against each other with the same offers.
Besides Wall Street, Chase is also competing with other financial institutions and life insurance companies who have re-entered or changed roles in the market and are offering traditional loans as well as CMBS.
As the asset class expands, the structures, cost effectiveness, transparency features, tax and dividend reinvestment features are making this product an attractive offer to individual investors as well as to traditional financial and private institutions.
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