alternative lending

Stripe Links Small Businesses To Funding Circle Finance
Stripe Links Small Businesses To Funding Circle Finance
January 24, 2019  |  B2B Payments

Stripe is adding alternative small business finance company Funding Circle to its Partner Program, enabling Stripe to link small and medium-sized business (SMB) customers to...

READ MORE >
Alternative Finance No Longer SMBs’ Last Resort
Alternative Finance No Longer SMBs’ Last Resort
January 21, 2019  |  B2B Payments

Alternative finance (AltFin) has had a rocky lifespan, with controversies over high interest rates, contract agreements and the overall viability of the industry being called...

READ MORE >
Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?
Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?
January 15, 2019  |  B2B Payments

Concerns over IT and cyber risk may be speed bumps for FinTechs desiring a national stage, as the Fed eyes access to the nuts and...

READ MORE >
CAN Capital Announces Another Leadership Change With New CEO
CAN Capital Announces Another Leadership Change With New CEO
January 10, 2019  |  B2B Payments

Alternative small business (SMB) lending platform CAN Capital announced on Wednesday (Jan. 9) that Edward J. Siciliano has been appointed as the new chief executive...

READ MORE >
Prospa Agrees To Fair Lending Code Following Backlash, Nixed IPO
Prospa Agrees To Fair Lending Code Following Backlash, Nixed IPO
January 08, 2019  |  B2B Payments

Australian alternative small business lender Prospa is hoping to start the new year off right, announcing that the company will adhere to the industry’s co-called...

READ MORE >
Chesapeake Bank Debuts Online Loan Product
Chesapeake Bank Debuts Online Loan Product
January 04, 2019  |  B2B Payments

Chesapeake Bank is expanding its alternative lending division, Cash Flow, with ProfitStars‘ Commercial Lending Center Suite. Launched in 1995, Cash Flow offers U.S. businesses faster...

READ MORE >
OnDeck Diversifies With Equipment Finance Loans
OnDeck Diversifies With Equipment Finance Loans
December 20, 2018  |  B2B Payments

OnDeck will be adding a new corporate financing product to its offering next year: equipment finance. In a press release issued Wednesday (Dec. 19) OnDeck said...

READ MORE >
How Open Banking Opens Doors For Alternative SMB Lenders
How Open Banking Opens Doors For Alternative SMB Lenders
December 17, 2018  |  B2B Payments

Use of alternative finance (AltFin) sources among small business (SMB) owners is on the rise, but still has a long way to go before it...

READ MORE >
China Sees Rise In ‘Auto-Backed’ Small Business Lenders
China Sees Rise In ‘Auto-Backed’ Small Business Lenders
November 28, 2018  |  B2B Payments

Some alternative lenders in China have a unique way of mitigating the risk of borrower defaults: attaching a tracking device to borrower vehicles. Reports in...

READ MORE >