Lending

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

About 300 SMBs Received Less Than $99 In PPP
About 300 SMBs Received Less Than $99 In PPP
January 11, 2021  |  B2B Payments

While the Paycheck Protection Program (PPP) was supposed to be a lifeline for struggling small- to medium-sized businesses (SMBs) during the pandemic, some SMBs that...

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Porter Capital Offers New Funding Tools To PPP Recipients
Porter Capital Offers New Funding Tools To PPP Recipients
January 11, 2021  |  B2B Payments

Porter Capital, which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from...

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China Tightens Scrutiny Of Consumer Lending By Tech Giants
China Tightens Scrutiny Of Consumer Lending By Tech Giants
January 11, 2021  |  Bank Regulation

Ant Group, Tencent and JD.com are facing a crackdown by Beijing over concerns of over-lending to consumers through their platforms, a major cash cow for...

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How The Pandemic Is Shifting Home Loan Disbursement Expectations
How The Pandemic Is Shifting Home Loan Disbursement Expectations
January 11, 2021  |  Disbursements

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SMBs (And Their Lenders) Rethink Their Financing Strategy
SMBs (And Their Lenders) Rethink Their Financing Strategy
January 08, 2021  |  B2B Payments

There’s no doubt that the small business community is facing a period of immense tribulation. In addition to navigating forced shutdowns and supply chain disruptions,...

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PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements
PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements
January 08, 2021  |  Disbursements

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UK Debt Collectors Want More To Do With Unpaid COVID Debts
UK Debt Collectors Want More To Do With Unpaid COVID Debts
January 07, 2021  |  B2B Payments

U.K. debt collectors want the government to give them a bigger role in recovering the debts from the 44-billion-pound (about $60 billion) business rescue program,...

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Supply Chain Finance Firms Could See Spike In Defaults In Europe
Supply Chain Finance Firms Could See Spike In Defaults In Europe
January 06, 2021  |  B2B Payments

As a leading European watchdog debuts more stringent standards, the financial institutions (FIs) that help support the continent’s supply chains are set to encounter a...

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Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over ‘True Lender’ Regulation
Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over...
January 06, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, the Office of the Comptroller of Currency (OCC) has OK’d independent node verification networks (INVNs) and stablecoins for...

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