NewLeaf Wholesale and Morf Media Inc. Host TRID Training Game Plan for Loan Originators in Los Angeles

Los Angeles, CA (PRWEB) May 11, 2015

Morf Media Inc., leader in enterprise compliance training for the mobile workforce, today announced NewLeaf Wholesale, a division of Skyline Financial Corporation is hosting training on upcoming regulatory changes that impact real-estate loans. Register for the session here conducted by Morf Media, Inc. SVP of e-Learning Ginger Bell. She will present best practices to get ready for the new integrated disclosure rule issued by the Consumer Financial Protection Bureau, TILA-RESPA (TRID) on August 1, 2015.

In this seminar, mortgage originators and real estate agents will gain insights, tools, tips and training to prepare for the new processes, deadlines and archiving rules associated with meeting TRID compliance. The training helps industry professionals make sense of the major 1800 page rule which requires significant process and communication changes. In a step by step process, the training shows how attendees can become experts on the new rule.

“The secret to TRID success is to start now with the materials and resources I provide in the training and on my TILA/RESPA Toolkit website,” said Bell. “When you leave the workshop, you will have a game plan that’s easy to follow. Take the initiative now to learn how to educate your partners to keep their transactions on tract with the upcoming disclosure changes.”

This session will be led by Bell, mortgage industry training veteran, who will explain the highlight of the new rules and provide tools and resources to help originators understand the changes and gain valuable information to be able to share the changes with their agents.

TRID consolidates four existing disclosures for closed-end credit transactions secured by real property. The forms being replaced by TRID are:

Good Faith Estimate (GFE)
Initial Truth-in-Lending Disclosure
HUD-1 Settlement Statement
Final Truth-in-Lending Disclosure

In their place, TRID mandates the use of two disclosures: a three-page loan estimate and a five-page closing disclosure. The free Train-the-Trainer events will provide a step-by-step approach to help trainers and company managers know about the mandated changes while ensuring their loan origination software is up-to-date.

For industry professionals who cannot attend the event, training is available in its entirety online via Morf Learning, award-winning enterprise training platform for mobiles. Morf Learning is optimized to make enterprise compliance training effective for professionals on the go. It includes a library of certified course content that is delivered in an innovative way to delight and engage employees, partners and administrators with its playbooks for compliance success. It offers powerful analytics engines that show an individual’s progress, strengths and areas needed for improvement, proof of examination for audits and more.

For more information about piloting Morf Learning, please visit Morf Media invites industry training experts to contact us to learn more about the benefits of delivering enterprise training with Morf Learning.

About Morf Media, Inc.

Morf Media, Inc., developer of Morf Learning,™ mobile platform as a service, simplifies enterprise compliance training for companies and the mobile workforce in highly regulated industries. Founded in 2013 by a seasoned management team with expertise in developing start ups, Morf Learning is in pilot with more than 100 companies and partners in the financial services and life sciences industries. Morf Playbooks™–three minute courses with gamification and smart analytics deliver a more effective and fun way to engage in training. Its digital platform offers centralized reporting for managing governance, regulatory and compliance training on a sustained basis. Morf Learning turns compliance training into playbooks for business in highly regulated industries.

For more information about Morf Media, please visit:

For crowdfunding information about Morf Media, please visit Angel List, Gust or Equitynet.


Heidi Wieland

Vice President Marketing of Morf Media, Inc. USA



Annual Revenues, Profits, and Loan Applications of Women-Owned Businesses Increased in 2014, According to Biz2Credit Study

New York, NY (PRWEB) March 11, 2015

Average annual revenues and loan approval percentages of women-owned companies increased significantly in 2014, according to, the leading online credit marketplace, which analyzed more than 15,000 applications from business owners on its platform during the last year.

Average annual revenues of women-owned business jumped to $ 127,222 in 2014, up from $ 91,488 in 2013 and nearly 40% higher in a year-to-year comparison. Meanwhile, average earnings rose to $ 67,950 in 2014, up from $ 54,114 in 2013.

In comparison, businesses owned by men generated about 50% more revenue ($ 193,268) on average than women-owned businesses. Further, average earnings for male-owned businesses were 55% higher ($ 105,805) than for companies owned by females.

“Our analysis shows that a gender-gap still exists, despite the increased profitability that we are seeing with women-owned business in recent years,” explained Rohit Arora, CEO of Biz2Credit, who oversaw the research. “However, women entrepreneurs should feel a sense of optimism, as the numbers indicate that the gap is narrowing.”

Meanwhile, average credit scores for women-owned companies dropped slightly below 600 in 2014, down from 610 in 2013. Meanwhile, average credit scores were 15 points higher for businesses owned by men (615) in 2014. However, average credit scores male-owned businesses also dropped from 630 to 615.

“More and more business owners are seeking credit because the improved economic conditions, although realistically not everyone is creditworthy. During the good times, more people are involved in the lending mix,” explained Arora, one of the nation’s leading experts in small business finance. “Many banks will not even consider granting a small business loan to companies that have credit scores under 600, so these types of business owners are forced to resort to higher-cost alternatives to funding.”

The Biz2Credit report showed that 36% more women-owned companies sought funding on the Biz2Credit platform in 2014 than in 2013. The average age of women-owned businesses applying for funding in 2014 was 31 months, up from the average age of businesses owned by women (27 months) in 2013.

“These are great signs of the growth in small business confidence,” suggested Arora. “Small businesses do not apply for funding unless they believe they can repay their debts.”

Approval rates for women-owned businesses were 29% lower than for male-owned businesses.

“In 2014, we saw male entrepreneurs return to the credit market after sitting out for a while. Generally, they owned longer established, more creditworthy businesses,” Arora said. “This accounts for much of the difference in approval rates.”

Key findings:

Average earnings for women-owned businesses rose to $ 67,950 in 2013 from $ 54,114 in 2013, an improvement of more than 25%
36% more women-owned businesses applied for credit in 2014 than in 2013
The average credit score for women-owned companies dropped from 610 in 2013 to 600 in 2014
Retail trade businesses represented 19.85% of the women-owned companies in the study, the largest category of businesses.

Statistics: Women-owned vs. Male-owned Businesses

Women to Men Ratio: 26% (4,061) vs. 74% (11,480) registrations on in 2014
Average Annual Revenue for women-owned businesses ($ 127,222) was $ 66,045 lower than the annual revenue of male-owned companies ($ 193,267) in 2014.
Average Operating Expenses: Women-owned businesses tended to have slightly higher average operating expenses. Expenses were 47% of earnings for women-owned businesses; 45% for male-owned companies
Average Credit Score: On an average, the credit scores for women-owned businesses (600) were 15 points lower than male-owned companies (615). The difference was 20 points in 2013.
Average Age of Business (in months): 31 vs. 37 for male-owned companies (the age of businesses applying for loans was lower for women-owned businesses)

Biz2Credit cited the following reasons for the improvement of the fortunes of women entrepreneurs:

The overall improved economy has made it easier for women-owned businesses to get loans.
Peer-to-Peer or “Marketplace Lending” by institutional investors in the small business credit marketplace is changing the industry. While big bank lending is up, they tend to focus on larger amounts. Marketplace lenders are charging attractive interest rates and offering longer terms, thereby taking market share from factors and cash advance companies.
With experience, women-owned businesses have become more competitive, more efficient, and more cost effective than ever before.
Online lending portals have made it easier for borrowers to reach banks, marketplace lenders, micro lenders and other types of financial institutions.
Startup costs of all types of businesses have gone down. Companies don’t need big offices, and many of them are hiring part-time employees who can work virtually from home on their laptops or tablets and smart phones.

About Biz2Credit

Founded in 2007, Biz2Credit has arranged more than $ 1.2 billion in small business funding throughout the U.S. and is widely recognized as the #1 online credit resource for startup loans, lines of credit, equipment loans, working capital and other funding options. Using the latest technology, Biz2Credit matches borrowers to financial institutions based on each company’s unique profile — completed in less than four minutes — in a safe, efficient, price-transparent environment. Biz2Credit’s network consists of 1.6 million users, 1,300+ lenders, credit rating agencies such as D&B and Equifax, and small business service providers including CPAs and lawyers. Visit, follow on Twitter @Biz2Credit, and Facebook

3 Best Online Debt Consolidation Loan Companies in North Carolina Announced by

Charlotte, NC (PRWEB) June 18, 2014

Residents of North Carolina now know the names of the three best debt consolidation loan providers available online. This came as the result of a study done by

A spokesperson for said that the company undertook this study when it learned that many North Carolinians were falling prey to unscrupulous debt relief companies. “We felt it was important to analyze the online debt relief providers to determine which ones could be trusted to deliver effective debt relief programs and at reasonable costs.” What this survey revealed is that the three best online debt relief providers are National Debt Relief, CuraDebt and American Debt Enders. used six benchmarks in analyzing online debt consolidation loan companies. They were debt solution alternatives, customer satisfaction, customer service, fees, financial standing and business ethics. It put a special emphasis on business ethics as it felt that North Carolinians needed to know first and foremost that they were doing business with a company that could be trusted.

The residents of North Carolina have an average credit score is 679 and the state’s average credit card debt is $ 6533 per borrower, which is much higher than the national average of $ 5235 per borrower. The median household income in North Carolina is $ 43,674 vs. the nation’s median household income of $ 51,017. In addition, the costs of necessities in the Tar Heel state such as fuel, food, utilities and housing continue to increase. When you add all of these issues together, it becomes obvious as to why many North Carolinians are being buried by debt.

North Carolina’s economic condition also differs widely. Its unemployment rate is 6.9% or 31st in the U.S. Its largest city, Raleigh, has an unemployment rate of 7.6% but the unemployment rate of its neighbor, West Raleigh, is just 6.2%. And Greensboro, the state’s third largest city has an unemployment rate of 8.3%.

The study done by also determined that the best option for North Carolinians struggling with debt is National Debt Relief. The reason for this ranking was largely due to how the company does business and how it treats its customers. For one thing, National Debt Relief charges its customers nothing until they approve of the debt settlements it negotiated and agree to a payment plan. This means that unlike unscrupulous online debt relief companies, National Debt Relief charges no upfront fees. It continues to maintain an A rating with the Better Business Bureau and it’s first time customers almost always report that they were “very satisfied” with National Debt Relief.

This company was also highly ranked on its customer service as it provides each of its clients with programs designed specifically to meet their needs. This is undoubtedly one of the reasons why National Debt Relief was ranked number one in debt consolidation loan providers by the website As further proof of this the company has helped more than 100,000 American individuals and families become debt free.

CuraDebt was ranked as the second-best online debt relief provider by This company focuses on helping people that have more than $ 10,000 in credit card debts. It is almost always able to successfully negotiate credit card debt reduction because of its close working relationships with the credit card companies. CuraDebt’s counselors are not only able to help the company’s customers with their credit card debts but can also provide custom-tailored programs designed to help with student loan debts, medical debts, defaulted loans and tax debts. ranked American Debt Enders third best for debt relief. It has been in business for less than eight years but has already built a reputation for itself for being able to help individuals and families that have more than $ 5000 in debts. American Debt Enders is able to help with all types of credit problems beyond just credit card debts. In fact, the company says that its debt counselors are even often able to help its customers improve their credit scores.

Residence of North Carolina that would like to learn more about these three credit consolidation loan companies should go to

New Small Organization Loan Solutions are Below plus Ready, Thanks to Company Cash Advance Guru, a Leading Provider of Commercial Grade Funding

Nationwide (PRWEB) May 25, 2014

Small company loan solutions have become scarce because the begin of the Great Recession. But, years following its official end, unsecured company loan solutions nevertheless stay difficult to locate for tiny plus medium sized firms. Many businesses are turning to company credit card financing, an affordable plus accessible choice that enables companies to receive the cash they require. Companies require not ask where to receive an unsecured company loan without a company plan when they go from an alternative lender, like Organization Cash Advance Guru.

The land of business lending remains mostly barren, plus sources state functioning capital is severely required, “The difficulty getting financing is leading to stagnation for tiny companies inside the study. More than half of respondents (54 percent) state they are doing not program to hire employees inside 2014. Even those entrepreneurs that do obtain financing are more probably to utilize it merely to remain afloat, instead of to develop. Before the financial collapse, 32 % state they utilized financing to develop their businesses; now, only 22 % utilize it for which cause. Instead, 40 % of company owners are turning to financing only to pay the bills plus keep their companies going, up from 31 % whom utilized financing for this cause pre-recession,” Small Biz Daily reports.

As loan choices stay scarce, companies are searching for alternative sources of functioning capital. For a time, credit unions filled the void left by the big business banks, however which has ended because unique financial laws roll out at a steady pace. Traditional banks commonly need the clean credit profile, together with significant collateral along with a individual guarantee. But, those are today really a limited of the various qualifiers used to small company loans.

“Business Cash Advance Guru makes getting financing approval because quickly plus as basic because completing a credit card application. The objective of providing access to company level capital fast plus conveniently to little companies over the nation is realized from the alternative lender’s launch of its proprietary commercial funding program.”

Insurance Playing a Large Roll

With the enactment of the Affordable Care Act, banks are doubtful tiny firms can repay company financing. Banks believe these unique needs usually pose a immense financial load about tiny companies plus are, consequently, unwilling to take the danger of lending too several businesses.

Insurance is just 1 concern of numerous. As financial styles continue, with increasing interest rates, and also inflation, banks are betting which little firms are not capable to handle added burdens. That’s why various little companies are turning to alternative lending sources, acquiring convenient, online application processes plus 24 hr approvals. Funds arrive through direct deposit inside 3 to five company days. Funds is chosen for any cause, plus there are taxes advantages to these bank loan alternatives.

Companies may qualify for $ 5,000 to $ 500,000, enjoy a simple plus free application, plus never need to undergo a credit history review. Payments are based about a percentage of the loan amount instead of a fixed sum. This repayment scheduling makes financing affordable, particularly throughout months with slow sale receipts. Approval is based about past plus future projected credit card receivables plus future bank deposits rather of credit scores, assets plus liabilities. There is not any red tape plus cash is produced available. extended nationwide services are today obtainable in the following geographical areas:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, NY, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin, plus Wyoming.

About Company Cash Advance Guru is a division authorized by TieTechnology, LLC. Organization Cash Advance Guru’s merchant cash advance division specializes inside helping business owners understand their dreams. That’s why you created the merchant cash advance system inside 2003, plus are the merchant cash advance leader inside the industry, providing the many flexible payment choices as well as the lowest interest rates plus inside the company.

About TieTechnology, LLC specializes inside business service based solutions for companies. Services offered by TieTechnology LLC, include: merchant credit card processing, company service telecommunications, plus online exposure advertising. The blessings of doing company with TieTechnology is their dedication to customer support quality plus their providing of 1 stop solutions to all company to company service product requires for the customers’ efficiency. To understand more info on their broad variety of company services plus their specialized divisions, see the following hyperlinks plus descriptions.

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