Sat.Nov 28, 2020 - Fri.Dec 04, 2020

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Possible Changes in BSA Requirements – Agencies Issue Notice of Proposed Rulemaking

Abrigo

Notice of proposed rulemaking (NPR). Proposed amendments would modify two. BSA rules. The Federal Reserve Board and the Financial Crimes Enforcement Network (FinCEN) (the Agencies) jointly issued a notice of proposed rulemaking (NPR). The October 23, 2020 proposed amendments, if passed, would modify two rules that have been part of the Bank Secrecy Act (BSA) regulations since 1995.

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6 Best Banks for Small Business in Delaware

Fundera

6 Best Small Business Banks in Delaware. M&T Bank. WSFS Bank. Dover Federal Credit Union. First Citizens Community Bank. Chase Bank. Azlo. Having a separate business bank account is key to keeping your business finances separate from your personal finances. Not only will this help your business operate more smoothly, but it’s crucial come tax time and for personal liability protection.

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Score Based Business Line of Credit with Soft Pull and No PG

Business Credit

Score Based Business Line of Credit I’m excited about today’s blog post because we are going to show you how to get an unsecured business line of credit with a soft pull and no personal guarantee. This is an actual line of credit that you can acquire that not only builds your business credit but […]. The post Score Based Business Line of Credit with Soft Pull and No PG appeared first on Business Credit.

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6 Ways to Attract Investors to Your Small Business

Sansan

When running a business, financing is necessary, especially if you’re planning on expanding your business operations. Getting your business ideas off the ground and turning them into something tangible requires funding. When doing business, it’s always important to consider the funds you have on hand. If you lack the funds, finding investors willing to contribute financially is worth a shot.

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PPP Instructions for SBA Forms 3509, 3510 Released on Forgiveness Platform

Abrigo

Key Takeaways The SBA released Paycheck Protection Program (PPP) lender instructions for the Form 3509/3510 Loan Necessity Questionnaire. Lenders will need to manually enter each borrower’s responses to the questionnaire on the SBA Forgiveness Platform. Several banking and business groups have called on the SBA to suspend the use of the forms due to concerns about them.

CECL 78
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40-Point Checklist Before Buying a Multifamily Property

StackSource

[40 Points] Don't make these mistakes. Questions to ask yourself before buying your next multifamily property.

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How Does Debit Card Processing Work?

Fundera

In the world of payment processing and merchant services , credit card processing is often at the forefront of the discussion. According to a study conducted by the Cash Product Office of the Federal Reserve System, however, debit cards are the most used form of payment—accounting for 28% of all payments. [1]. With this information in mind, debit card processing could be just as influential (if not more) as credit card processing to small businesses that are accepting card-based forms of payment

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Ag Lenders: Cultivate Growth with Effective Pricing, Structure

Abrigo

After Turbulent 2020, Ag Lenders Look to 2021 Understanding credit risk in current ag loan portfolios will also be key to ag lenders' solid returns. . You might also like this webinar watch. Takeaway 1 For solid ag lending returns, focus on assessing credit risk in current portfolios and effective pricing. . Takeaway 2 Sentiment rose in 3Q, but the highly uncertain outlook warrants caution in ag lending activities.

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The impact of Brexit on IFRS in the UK

GoCardless

From January 2021, the UK will replace the IFRS with a national framework

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What is marginal tax?

GoCardless

Find out how the marginal tax rate system works and how to calculate it

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What is tax relief?

GoCardless

Find out more about deductions and allowances designed for tax relief

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Top 9 tips to help employees working remotely

GoCardless

With remote work a growing trend, find out how to help your employees

40
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Top 3 tips to improve your brand awareness

GoCardless

Brand awareness is about raising awareness among your target audience

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Top 4 business communication skills

GoCardless

Business communication skills are about listening as much as talking

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A guide to business risk assessment

GoCardless

Identify and mitigate risk factors with a business risk assessment

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What is investment tax?

GoCardless

Find out when you need to pay investment tax on stocks and shares

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What is double taxation?

GoCardless

Learn when and how double taxation is applied to business income

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Top 7 tips to improve customer service

GoCardless

Create new customer service improvement strategies with our tips

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Understanding inventory control

GoCardless

Inventory control charts tell you how much stock you have left

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What is accrued interest?

GoCardless

Learn what accrued interest is and how to calculate it

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What is a franchise?

GoCardless

Could a franchise model work for your business?

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What is the market to book ratio?

GoCardless

Find out how valuable your business looks

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Actual vs. forecast templates

GoCardless

Actual vs.

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The Pandemic May Not be Derailing CECL Plans – But Many Institutions Still Risk Serious Delays

Abrigo

2023 CECL adopters vary in transition progress Financial institutions face considerable questions and obstacles in regard to their transition to CECL. You might also like this webinar on CECL in economic downturns. WATCH NOW. Takeaway 1 The coronavirus pandemic has added complexity, but it hasn't completely derailed CECL efforts for most FIs. Takeaway 2 It appears financial institutions vary greatly on their current implementation progress.

CECL 78