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

Velo Labs Teams With Visa, Lightnet On MSME Lending In Asia

Velo Labs Teams With Visa, Lightnet On MSME Lending In Asia
Velo Labs Teams With Visa, Lightnet On MSME Lending In Asia
November 30, 2020  |  B2B Payments

Velo Labs has unveiled a joint effort with Visa and Lightnet Group to build out payment offerings together in Asia, according to an announcement. Get the Full...

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Secondhand News: Economy, Pandemic Create New Role For Pawnshops
Secondhand News: Economy, Pandemic Create New Role For Pawnshops
November 27, 2020  |  Retail

At a time when the coronavirus has caused a spike in unemployment and crippled countless small businesses, the pawnbroking industry has found itself in a...

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Banks Embrace Direct Data Integrations For SMB Services
Banks Embrace Direct Data Integrations For SMB Services
November 24, 2020  |  B2B Payments

U.S. Bank is shifting away from screen scraping in favor of direct data connectivity, but it’s not the only financial institution (FI) embracing the data...

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India’s Central Bank Recommends Integrating Corporates Into Banking
India’s Central Bank Recommends Integrating Corporates Into Banking
November 23, 2020  |  Banking

India’s central bank is considering allowing payment banks and other finance companies to become lenders. Get the Full Story Complete the form to unlock this...

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Mnuchin Pledges More Stimulus Talks For SMB Relief
Mnuchin Pledges More Stimulus Talks For SMB Relief
November 20, 2020  |  SMBs

After coming under fire for ending key pandemic lending programs, Treasury Secretary Steven Mnuchin on Friday (Nov. 20) pledged to work with top GOP lawmakers...

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Nav Rolls Out Updated Embedded Financing Tool
Nav Rolls Out Updated Embedded Financing Tool
November 17, 2020  |  B2B Payments

Nav, which works in financing for small- to medium-sized businesses (SMBs), has rolled out a new version of its embedded finance solution, according to a...

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Bank-FinTech Collaboration Tackles SMB Finance Friction
Bank-FinTech Collaboration Tackles SMB Finance Friction
November 17, 2020  |  B2B Payments

Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. Get the Full Story Complete...

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How Alternative Lending Technology Stays Flexible For SMBs
How Alternative Lending Technology Stays Flexible For SMBs
November 16, 2020  |  B2B Payments

In the wake of the 2008 global financial crisis, and banks’ subsequent pullback from the small- to medium-sized business (SMB) lending arena, a slew of...

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Car-Sharing Platform Getaround Secures $25M Loan 
Car-Sharing Platform Getaround Secures $25M Loan 
November 13, 2020  |  Loans

Peer-to-peer car-sharing platform Getaround Inc. has secured a $25 million venture loan facility from Horizon Technology Finance Corp., a specialty finance company that provides secured loans...

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