Affirm’s Post

💳"𝗪𝗲 𝘄𝗶𝗹𝗹 𝗵𝗼𝗽𝗲𝗳𝘂𝗹𝗹𝘆 𝗵𝗮𝘃𝗲 𝗮𝗽𝗽𝗿𝗼𝘃𝗮𝗹 𝗯𝘆 𝘁𝗵𝗲 𝗲𝗻𝗱 𝗼𝗳 𝘁𝗵𝗲 𝘆𝗲𝗮𝗿" said Capital One's EVP, Andres Navarrete, in an August 9th interview with Delaware Business Times. Catch up on the fifth-largest bank merger in U.S. history - Capital One's $35bn acquisition of Discover Financial Services - by reading our article linked below! 🔍📊 #Banking #Finance #MergersAndAcquisitions #CapitalOne #DiscoverFinancialServices #Credit

Keep in mind that SoFi results are driven by black box fair value accounting on new loan originations, which front-loads revenue, profit and capital versus normal loan accounting under #CECL which does the opposite. If originations slow down, it all reverses. This makes comparisons with other lenders difficult. Suffice it to say is that without the fair value boost, this company would look very different. #banks #fairvalue #fintech

Explore how Capital One's potential acquisition of Discover Financial Services could revolutionize the US credit card landscape, creating an industry titan. #Finance #Acquisition #CreditCardIndustry #CapitalOne #Discover #bankingindustry #money #finance #fintech https://lnkd.in/eecY37rm

Applying the right #fintech and addressing staff challenges are both big parts of keeping your financial institution running smoothly. https://buff.ly/3WTcJZ5 #creditunions #communitybanks #branchandATMlocators

Applying the right #fintech and addressing staff challenges are both big parts of keeping your financial institution running smoothly. https://buff.ly/3WTcJZ5 #creditunions #communitybanks #branchandATMlocators

I've always wondered why more focus has not been placed on SMB Finance. With a huge addressable market, a high level of dissatisfaction with existing financial options, and a sticky client base, it's a critical driver of the US economy that isn't being served efficiently. Pipe announced new partnerships with Priority, Infinicept, and Boulevard to launch its Capital-as-a-Service offering to small businesses. The combination of vertical software and payments to collect operating data and holistically underwrite #smb credit is just one example of how #embeddedfinance can change the way we bank. Kudos to Luke Voiles and the Pipe team on its continued success! #fintech #smbfinance #smallbusiness #finance #revenuebasedfinance #capitalasaservice #payments #baas FinTech Atlanta TAG Fintech Society

“Only being employed by a major bank offers my clients competitive lending...” 🤔   While the major wirehouses and banks are terrific at helping advisors manage both sides of a client's balance sheet, they are certainly not the only game in town.   Offering clients “everything under one roof” has its benefits, especially if there’s a complex lending need.   Wirehouse advisors can push their firm to get more aggressive than the norm to win a piece of business, but they can ONLY live and die by the rates and terms their firm is comfortable with.   As advisors migrate more into the independent space, they can have multiple lenders compete for a piece of business, which ultimately provides a much better outcome for the end client.   Of course, the devil is in the details, but offering a multitude of lenders versus just one is what family offices and the most sophisticated clients in the world expect.   Am I right?

"Ampla made loans that one of the people familiar with its finances said appeared not to meet the standards the company had set for itself...as the Fed kept its benchmark rate high for months, Ampla’s costs became onerous. It had to start raising the interest rates of the loans it made, undercutting its appeal to smaller brands..." Seems like yet another casualty of a higher interest rate environment. Business models that were calibrated for their cost of capital to be lower, on an indefinite basis, are now having a reckoning. It's really unfortunate, in this case, because the a notable segment of the company's customer base appear to have been minority and women owned small businesses, that otherwise wouldn't have been able to meaningfully access the capital markets for credit. Ampla apparently operated as something of a credit aggregator, deploying capital via syndicated debt structures from institutional lenders like Goldman Sachs. Macroeconomic headwinds causing debilitating effects on the most vulnerable company's liquidity.

Who says that an "un-bankable" deal can't still be a good one? Not GCI (Global Credit Investments)'s Hugh Selleck, who explores the question in an Accounting Times editorial. Many mid-market #borrowers need financing beyond traditional #bank offerings, requiring tailored solutions and flexibility. Importantly, "un-bankable" deals can still secure powerful financing solutions outside of conventional banking. Trusted business #advisers, like #accountants, play a crucial role in guiding clients towards alternative financing options.   #privatecredit #restructuring #growthcredit #refinance #funding https://bit.ly/4aMZQUj

Subscription Financing: Offer subscription-based services to generate recurring revenue. Subscription financing is a strategic approach for businesses to generate recurring revenue by offering subscription-based services. This model has gained popularity across various industries, from software to entertainment, due to its ability to create stable, predictable revenue streams. Here's a closer look at how subscription financing works and its benefits: Stable Revenue Streams: By offering subscription-based services, businesses can secure a steady flow of revenue. This stability allows for better financial planning and reduces the impact of market fluctuations. Customer Retention: Subscription models often lead to higher customer retention rates. Once customers subscribe to a service, they are more likely to continue using it, especially if the service offers value and meets their needs. Scalability: Subscription financing allows businesses to scale more efficiently. As the subscriber base grows, revenue increases without a proportional increase in operational costs. Predictable Cash Flow: Subscription models provide businesses with a predictable cash flow, making it easier to manage expenses, invest in growth, and plan for the future. Enhanced Customer Relationships: By offering subscription-based services, businesses can build stronger relationships with their customers. Regular interactions and personalized experiences can lead to increased customer loyalty. In conclusion, subscription financing offers businesses a reliable way to generate recurring revenue, improve customer relationships, and achieve long-term success. By embracing this model, businesses can create a sustainable revenue stream while providing value to their customers. https://lnkd.in/ef4w_dV4  Need Capital For Your Business? Preferred SBA Financing And Conventional Business Loans. $250,000 To $15 Million Loan Sizes