alternative lending

CAN Capital Announces Another Leadership Change With New CEO

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. Get the Full Story Complete the form to unlock...

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. Get the Full Story Complete the form to unlock...

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. Get the...

READ MORE >
Credit Suisse Backs Aussie Challenger Bank Judo With $250M
Credit Suisse Backs Aussie Challenger Bank Judo With $250M
November 27, 2018  |  B2B Payments

Australia-based challenger bank Judo Capital has raised more than $250 million from Credit Suisse Australia, according to reports. Get the Full Story Complete the form...

READ MORE >
FinTech Firms Show Banks The ‘Art Of The Possible’ In SMB Lending
FinTech Firms Show Banks The ‘Art Of The Possible’ In SMB Lending
November 27, 2018  |  B2B Payments

The metaphor has been repeated countless times: Small businesses (SMBs) are the backbone of the economy. So, access to capital isn’t just essential for these...

READ MORE >
Sub-Prime Lending’s Late-Year Bounce
Sub-Prime Lending’s Late-Year Bounce
November 20, 2018  |  Alternative Finances

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year...

READ MORE >