Fast-growing middle-market companies aren’t always losing opportunities because lenders said no. Many are losing them because available credit can’t move quickly enough to become useful. That gap sits at the center of “The Emerging Middle Market: When Credit for Fast-Growing Companies Isn’t Really ‘Credit,’” which...
Credit quality has long decided who gets funded and who doesn’t. Information quality is now drawing that same line in corporate borrowing and working capital. As private credit becomes a larger source of corporate capital, lenders can negotiate for something public investors generally cannot: recurring...
The next frontier in working capital management isn’t squeezing another day out of receivables or stretching another day of payables. It’s deciding whether those dollars should be financed the same way at all. Two companies can report identical working capital requirements while sitting on different...
A distributor can know what inventory it needs to order next week before its financing system knows that the purchase exists. That disconnect becomes more consequential as goods and logistics companies grow. Among businesses with $1 million to $25 million in annual revenue, 28% identify...
A merchant that once represented a stream of transaction fees can now represent a lending relationship, and second-quarter earnings results show payments platforms putting more money behind that proposition. Block and PayPal and others already have a financial relationship with businesses, where lending extends that...
LendingTree has launched a ChatGPT plug-in that enables consumers to explore current mortgage and refinance rates through a natural conversation with the artificial intelligence assistant. Consumers using the ChatGPT plug-in can share their estimated credit score, state and loan amount to learn how those factors...
Financial connectivity platform Method has released a tool to provide lenders with ongoing post-origination monitoring. “Where other attempts at offering this product have relied on periodic data pulls, manual batch uploads or customers maintaining account connections, Method’s Portfolio Intelligence monitors continuously,” the company said in...
Two FinTech-bank acquisitions valued at a combined $499 million when announced have turned state interest-rate caps into an M&A issue, with substantial projected deal benefits sitting alongside a challenge from 20 state attorneys general. The attorneys general asked the Federal Reserve, Office of the Comptroller...
Growth can create a strange problem. A company gets bigger, but the payment and credit tools around it don’t always keep up. “The Emerging Middle Market: How Middle-Market Businesses Pay, Borrow and Scale” examines how five major industries manage payments, credit and cash flow as they...