TROY—According to the just-released J.D. Power 2021 U.S. Consumer Lending Satisfaction Study, the consumer lending space was severely disrupted during the COVID-19 pandemic as a combination of stimulus funding, record high mortgage refinance volume and a tenuous economy crimped the consumer loan market. “The consumer lending landscape shifted dramatically over the past year and consumers
DETROIT - Able Lending, a fintech startup headquartered in Austin, has announced it has made available $5 million dollars in funding available to Michigan based startups and small businesses. The company is the lowest-cost non-bank lender to small businesses in the US, using a new collaborative loan structure. The funding will aim to help an estimated 20
LANSING - Michael Rogers, vice president communications for the Small Business Association of Michigan, talks to Beth Arroyo, senior loan officer of the Economic Development Foundation. She provides great insights into how you can access long term financing for equipment and real estate acquisitions through Section 504 lending. To listen to this podcast, click on
