Loans

Loans
Patreon Debuts Cash Advances For Users
February 18, 2020

Patreon, known for its platform for content creators to earn money from fans, will be entering the micro-loan business, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Loans
Why The Goldman-Amazon Bet On SMB Loans Is No Sure Thing
February 03, 2020

In the platform economy, scale matters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...

Loans
Fed: Two-Thirds Of SMBs Are Dissatisfied With Online Lenders
January 14, 2020

In the wake of the Great Recession, small businesses found it difficult to secure loans via banks – and even when they were available, the common complaint was that the application process was slow, time-consuming, paper-intensive and ill-suited to the needs of small businesses. Get...

Loans
CA Denies Lending License For BNPL Firm Sezzle
January 02, 2020

Sezzle — a “buy now, pay later” (BNPL) company based in Minnesota, but listed in Australia — was denied a crucial lending license from California. Rival BNPL company Afterpay’s application was approved by the state. Get the Full Story Complete the form to unlock this...

Loans
SMB Digital Loan Applications Rose 19 Pct. YOY
December 30, 2019

As banks continue to shy away from providing small business loans, many small and medium-sized business (SMB) owners have turned to online lending companies to fill the gap. SMB digital loan applications increased 19 percent year over year, according to The Wall Street Journal. Get...

Loans
US Bank Business Loans Stalled In Latter Half Of 2019
December 29, 2019

U.S. business loans and capital investment have essentially plateaued in the second half of 2019, in what experts say is a reflection of the slowing industrial economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loans
Pillar Offers Gifting Platform For Student Loan Payments
December 17, 2019

Student loan personal finance platform Pillar has launched a gift initiative for the holidays called Boost, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Loans
Can Data Driven Lending Displace VC Funding For Some Firms?
December 17, 2019

Running a small business is not for the faint of heart — or the deeply optimistic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Loans
FinTechs, AI And The Rise Of SMB Credit In Brazil
December 17, 2019

One of the biggest tests for FinTech in the coming years is how well it can serve businesses that don’t have easy or efficient access to credit. That test is playing out in Brazil, the largest country in South America, and one of the largest...