business lending

Banks Report Lending Slows as Corporate Borrowers Pay Down Debt
Banks Report Lending Slows as Corporate Borrowers Pay Down Debt
April 16, 2024  |  Banking

The largest U.S. banks are reporting a slowdown in lending. Bank of America and PNC were the latest to do so, with the former reporting Tuesday (April 16)...

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Small Businesses Seek Capital From Innovative Lending Solutions
Small Businesses Seek Capital From Innovative Lending Solutions
April 04, 2024  |  SMBs

Small and medium-sized businesses (SMBs) and their owners are the backbone of local economies worldwide. And they haven’t had it easy, not recently. That’s because...

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Citi and LuminArx Team to Issue Private Credit
Citi and LuminArx Team to Issue Private Credit
January 18, 2024  |  Loans

Citi and LuminArx have introduced a financing tool for the private lending market. Cinergy, launched Thursday (Jan. 18) by the banking giant and the investment manager, will...

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Cash-Strapped Main Street Merchants See Credit Options Shrinking
Cash-Strapped Main Street Merchants See Credit Options Shrinking
May 23, 2023  |  SMBs

Many Main Street small businesses are operating on the brink without adequate capital to survive a downturn, making access to finance a critical consideration in...

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Loanspark Launches Co-Branded B2B Lending Service
Loanspark Launches Co-Branded B2B Lending Service
February 01, 2023  |  B2B Payments

Loanspark has launched a co-branded lending service that helps B2B firms offer business funding products. With this new FinTech service, organizations can generate additional business revenue...

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Growth of Business and Consumer Lending Slows in Eurozone
Growth of Business and Consumer Lending Slows in Eurozone
December 29, 2022  |  Europe

The growth of business and consumer lending in the eurozone slowed in November. According to the latest figures from the European Central Bank (ECB) published...

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The Next Trillion Dollar BNPL Play Will Come From Untapped B2B Segment
The Next Trillion Dollar BNPL Play Will Come From Untapped B2B Segment
June 28, 2022  |  B2B Payments

As the huge consumer buy now, pay later (BNPL) market sorts itself out, many believe the larger opportunity lies in B2B sales, and 2022 is...

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Ocrolus Gives Flawed SMB Credit Scoring System A Cash Flow Based Upgrade
Ocrolus Gives Flawed SMB Credit Scoring System A Cash Flow Based Upgrade
September 23, 2021  |  B2B Payments

As Ocrolus CEO and Co-founder Sam Bobley put it, there’s never been a data capture technology that could analyze financial documents of any format or...

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Business Lender Uses Tech to Reduce ‘Time to Yes’ by 90%
Business Lender Uses Tech to Reduce ‘Time to Yes’ by 90%
September 10, 2021  |  B2B Payments

When a local transport business recently applied for debtor finance funding through ScotPac, Australia and New Zealand’s largest non-bank lender to small and midsized businesses (SMBs), the typical...

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