One U.S. lawmaker has begun to inquire about SMB alternative lending practices, according to JD Supra news reports. Rep. Emanuel Cleaver II (D-Mo.) has reportedly sent letters...
Lendio, a free online service that helps business owners find the right small business loans within minutes, announced it has helped facilitate more than $500...
Wells Fargo & Co., the embattled bank, is reportedly overhauling its auto lending unit in an effort to control risk. According to a news report in...
CircleUp is adding a new way to invest in consumer packaged goods (CPG) brands. The crowdfunding platform — which originally launched to link businesses with accredited...
Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak...
Bank of America (BoA) is expanding its mobile service for small- and medium-sized (SME) customers. An announcement by the financial institution (FI) this week said...
Alternative lending has shifted from a competitor of traditional FIs to a collaborator, often lending a digital hand to banks in need of upgrading their...
MercadoLibre, the online marketplace serving Argentina, is boosting its presence in areas such as lending and logistics. Those areas, Reuters reported on Tuesday, had once been...
The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...