PCMA Opinion Report: New Lending To Accommodate The New Economy

PCMA, the pioneer and leading voice in Non-Bank Private Client Lending,
announced a new opinion report on lending in the new economy. With
digitalization, self-employment is on the rise. Today, more than 15
million Americans are self-employed, with 27 million more reporting they
plan to be (or hope to be) leaving traditional jobs by the year 2020,
which would bring the number to over 42 million.

“It makes sense. Virtual staff costs much less — as much as 20-30% less
annually — than hiring full-time employees who also require PTO and
other compensation benefits,” said John Lynch, CEO and founder of PCMA.
“With so many contractors available for hire, large companies can now
choose from a wide range of candidates no longer bound by geographic
location, broadening the quality of talent.”

Today, a number of market forces have converged to create a climate ripe
for change: the rise of new technology and the digital economy; more
workers now becoming self-employed; the proliferation of small
businesses; and under the current Administration, a less hostile
regulatory environment amid relaxing loan restrictions. A new era of
credit is upon us indeed with the potential to be more versatile than
ever.

“The new era of lending is upon us, and we’ve only just begun,” said
Lynch.

Read the full opinion report by clicking here: The
Lending To Accommodate The New Economy

Read PCMA’s earlier opinion report on private client lending by clicking
here: Private
Client Lending In The Era Of Non-QM

About PCMA

PCMA is the leading non-bank private client lending organization serving
the needs of their mass affluent and high net worth clientele. PCMA
offers qualified individuals and institutions bespoke lending solutions
across all major residential asset classes. PCMA is a diversified
financial enterprise offering private client solutions through a direct
to consumer and distributed retail business model. PCMA strives to build
trusting and enduring relationships by putting clients and professional
partners at the center of all they do. PCMA is headquartered in Orange
County, CA. Additional information is available at www.pcma.us.com.

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