Zopa Bank’s Post

🚗💡 As consumers demand a more seamless experience and dealers demand faster funding turn times, BECU is taking a big stride forward in the industry. The CU has significantly improved its funding speed by introducing same-day payments for dealer partners, resulting in funding times being reduced from 17 hours to 5. This innovation, a result of tweaking ACH processes with CUDL, ensures that dealers receive funds rapidly, easing cash flow challenges in a high-interest rate environment. Kudos to BECU for leading the way in efficiency and supporting dealers! 🏦🚀 #autofinance #creditunions #innovation #dealers #dealerships #autolending #credit

Do you like getting good value for money? Would you consider paying 4x as much for the same product and service good value? No, neither would we, so why are you doing it? At BAF we offer our brokering services for a fixed 1% commission charge rather than the industry average of 4% for all members of our 1% Club. Move all your asset funding requirements to BAF and find out what true value feels like. ➡ bossassetfinance.co.uk #BAF #AssetFinance #OnePercentClub #Value

📢#GESSEL advised Kredyt Inkaso S.A. on its public placement of S1 series bonds with an aggregate value approaching EUR 5 mln! The S1 series with a value of almost EUR 5 mln was #KredytInkaso S.A.’s first public offering of EUR-denominated bonds. The public offering, conducted on the basis of an information memorandum, was well received by investors – the reduction rate exceeded 15%! We are proud to have supported Kredyt Inkaso S.A. in preparation of the information memorandum as well as with the public bond placement itself, working with Michael / Ström Dom Maklerski S.A. as the brokerage house acting as the issue agent. We thank Kredyt Inkaso S.A. and Michael / Ström Dom Maklerski S.A. for yet another successful bond issue project ! Krzysztof Marczuk (partner) supervised the brief, with Jakub Rowicki (senior associate) in charge of day-to-day management. #bondissue #financenews #investmentopportunities #economicgrowth #financialmarkets #publicoffering #eurobonds #legaladvisory #corporatefinance #marketinsights

Back in 2019 1st Advantage Federal Credit Union was facing a dilemma many #FinancialInstitutions are facing today - the need to #Upgrade their #ATMFleet. Rather than #SpendCapital on new #ATMs, they turned to ATM USA LLC and #ATMOutsourcing. #SaveMoney #EliminateCompliance #StopUpgradingATMs #ATMManagement #ATMServices #ATMAsAService #OffPremiseATMs #BankAtWork #Bank #CreditUnion #Cash #ATMUSA

Do you like getting good value for money? Would you consider paying 4x as much for the same product and service good value? No, neither would we, so why are you doing it? At BAF we offer our brokering services for a fixed 1% commission charge rather than the industry average of 4% for all members of our 1% Club.   Move all your asset funding requirements to BAF and find out what true value feels like.  bossassetfinance.co.uk #BAF #AssetFinance #OnePercentClub #Value

I put a post up yesterday regarding #premiumfinance and whether the FCA investigations into interest rates would spark the end of Compare the Market and similar price comparison websites. One of the interesting parts of this was a number of comments that pointed towards #insurancebrokers Some of the largest #motorinsurers in the country charge an average interest rate of 30%, circa 10% above the average #creditcard rate, it's delusional to think that this is exclusively #brokers & not potentially an industry wide issue! I'm a supporter of #premiumfinance and believe it provides a number of benefits particularly in the world of #commercialinsurance, the developments could be interesting!! #theinsuranceceo

Back in 2019 1st Advantage Federal Credit Union was facing a dilemma many #FinancialInstitutions are facing today - the need to #Upgrade their #ATMFleet. Rather than #SpendCapital on new #ATMs, they turned to ATM USA LLC and #ATMOutsourcing. #SaveMoney #EliminateCompliance #StopUpgradingATMs #ATMManagement #ATMServices #ATMAsAService #OffPremiseATMs #BankAtWork #Bank #CreditUnion #Cash #ATMUSA

Bank M&A Remains Subdued Though Activity Is Expected to Heat Up Later This Year and Extend Into Coming Years "8 of the 23 deals announced YTD with pricing information available have a Price-to-TBV ratio exceeding 150% vs. 7 of the 30 deals announced in 2023 with pricing information available. 5 of the 8 deals YTD are Credit Union Bank deals, including the most expensive deal of the year at 225% of TBV. The Avg. Price-to-TBV for the 5 Credit Union Bank deals announced YTD with pricing data available is 172%. The most expensive Bank deal of the year is WTFC's acquisition of $2.6B in Asset, MI-based MCBC for 174% of TBV" #YarmouthChoate

Cartan Trade, the new credit insurance actor, offers complementary cover to help you develop your sales in complete security. Would you like to discover more? Discover, in this study, a practical application of CARTAN TRADE's Top Up solution. Unlock Plus to meet the needs of electronics and IT wholesalers.   📍Why do IT wholesalers need additional capacities? 📍What are the advantages of Cartan Trade's Top Up product? 📍How does the Unlock Plus solution work?   Download the case study to find out more : https://lnkd.in/eDmkB2fv #cartantrade #creditinsurance  #insurers #brokers #credit #insurance

Are you ready to turbocharge your dealership with even more lending options? Exciting news – DealFI is here to revolutionize the game for independent dealers like you! Connect with us today to discover the dynamic features of the DealFI platform and find out which states are already experiencing the magic. #WeAreEliteFI #KeepGrowing