Mirador CEO Quoted in Letter from Rep. Velazquez and Sen. Shaheen

Our recent op-ed, Killing CDFIs would make a bad situation worse for businesses, was featured  in an open letter from Representative Velazquez and Senator Shaheen to Steven Mnuchin, Secretary, Department of the Treasury, and Mick Mulvaney, Director, Office of Management of Budget. The letter detailed the concerns of the congresswomen and their constituents, specifically the concern […]

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CDFIs Saved By Congress

Despite interest from the Trump White House in ending Treasury funding for CDFIs, the Congress passed a 2017 funding measure that not only continues funding CDFIs, but also boosted the available funds for the federal revolving loan fund used by these entities. The bill passed by Congress was sent to the President and signed into […]

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OpEd Published in BankThink

This article originally appeared in American Banker on April 21, 2017. Link. BankThink: Killing CDFIs would make a bad situation worse for small business By Trevor Dryer Small-business growth and job creation positively impacts the U.S. economy, but a gap exists in small businesses’ access to cost-effective credit, hurting their ability to subsist, much less […]

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Fintech Regulatory Updates: October 27, 2016

Fintech innovation operates in an ever-evolving financial regulatory landscape. Regulators are stepping up scrutiny of non-banks, particularly marketplace lenders, even as the new Consumer Financial Protection Bureau (CFPB) establishes its mandate and rules. This shifting landscape carries regulatory implications for traditional banks weighing fintech partnerships. In this blog series, Mirador will recap the latest regulatory […]

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If You Can’t Beat ‘Em, Join ‘Em: Banks Embrace Fintech Innovation

In the confusion after the 2008 market crash, new, innovative financial players cropped up and started nibbling at the edges of several profitable markets, including consumer lending, investment management, and small business lending. Now that nibbling is starting to turn into bigger and bigger bites–and banks are starting to take notice. Non-bank originators already hold […]

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Fintech Regulatory Updates: September 12, 2016

Fintech innovation operates in an ever-evolving financial regulatory landscape. Regulators are stepping up scrutiny of non-banks, particularly marketplace lenders, even as the new Consumer Financial Protection Bureau (CFPB) establishes its mandate and rules. This shifting landscape carries regulatory implications for traditional banks weighing fintech partnerships. In this blog series, Mirador will recap the latest regulatory […]

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How an Online Lending Platform Can Help Small Business Borrowers Find the Perfect SBA Loan

7(a). 504. Working capital. Merchant cash advance. Professional practice. Franchise startup. Peer-to-peer. Microloan. Line of credit.   With more than 25 different types of loans, it’s tricky for small business owners to navigate the lending environment. Various restrictions complicate matters even further, leaving borrowers unsure if they’re getting the right loan to match their needs […]

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