business loans

Funding Circle Valuation May Soar To $2.4B

Funding Circle Valuation May Soar To $2.4B
Funding Circle Valuation May Soar To $2.4B
September 19, 2018  |  IPO

Funding Circle, the peer-to-peer lending company that is gearing up to launch an initial public offering (IPO), could be valued at as much as $2.4...

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Smart Contracts Take Hold In Equipment Finance
Smart Contracts Take Hold In Equipment Finance
August 29, 2018  |  B2B Payments

The equipment finance and leasing market is typically seen as a source of funding for businesses in need of big, heavy machinery. But this type...

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SoFi Eyes $1B Credit Line, Post Q2 Loss
SoFi Eyes $1B Credit Line, Post Q2 Loss
August 17, 2018  |  Loans

Student loan refinancing company Social Finance (SoFi) is looking for a loan of its own: The company is in talks with banks to secure a...

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PE Firms Increase Their Business Lending Prowess
PE Firms Increase Their Business Lending Prowess
August 13, 2018  |  Loans

Private equity firms, driven in part by an influx of cash from investors looking for more yield on their investments, have been acting as lenders,...

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BlueVine Adds $12M From M12 To Round Of Funding
BlueVine Adds $12M From M12 To Round Of Funding
July 31, 2018  |  Investments

BlueVine, the FinTech startup that recently announced a $60 million round of financing, has added $12 million to its Series E round of funding from...

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Santander Adopts nCino Platform For Faster SMB Lending
Santander Adopts nCino Platform For Faster SMB Lending
July 19, 2018  |  B2B Payments

Santander Bank is adopting nCino technology to accelerate its business lending operations, the FI announced on Wednesday (July 18). Get the Full Story Complete the...

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Banks, Shadow Lenders Risk ‘Race To The Bottom’ In Corporate Bond Market
Banks, Shadow Lenders Risk ‘Race To The Bottom’ In Corporate Bond Market
July 13, 2018  |  B2B Payments

Analysts are warning that rising competition among large lenders and shadow banks to issue junk bonds may cause a “race to the bottom” and uncover...

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NY Dept Financial Services: Online Lenders Need Oversight
NY Dept Financial Services: Online Lenders Need Oversight
July 12, 2018  |  Legal & Regulation

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Get the...

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