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

US Banks Keep Expectations Low Amid Tepid Interest Rates
US Banks Keep Expectations Low Amid Tepid Interest Rates
September 20, 2020  |  Banking

U.S. banks aren’t fooling themselves — they’re likely in for a long stretch of low interest rates putting a burden on their profits, the Financial...

READ MORE >
Today In Digital-First Banking: ClearBank Unveils Multicurrency Accounts; LoanDepot Eyes IPO
Today In Digital-First Banking: ClearBank Unveils Multicurrency Accounts; LoanDepot Eyes IPO
September 18, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, ClearBank has begun offering multicurrency bank accounts through an application programming interface (API), and LoanDepot is considering going...

READ MORE >
Will US Homeowners Manage To Avoid Falling Off A Mortgage Forbearance Cliff?
Will US Homeowners Manage To Avoid Falling Off A Mortgage Forbearance Cliff?
September 14, 2020  |  Loans

When Congress first passed the CARES Act earlier this year to ameliorate COVID-19’s economic havoc, U.S. homeowners with mortgages on their properties were among the...

READ MORE >
Filling SaaS Firms’ Slippery Cash Gaps
Filling SaaS Firms’ Slippery Cash Gaps
September 10, 2020  |  B2B Payments

Software-as-a-Service and subscription revenue business models have exploded in recent years, largely due to the invaluable benefit of having cash flow predictability. Get the Full...

READ MORE >
Billions Lent For Main Street SMBs – But Cash Flow Crunch Is Stubborn
Billions Lent For Main Street SMBs – But Cash Flow Crunch Is Stubborn
September 09, 2020  |  Loans

Billions of dollars in dry powder for Main Street SMB lending – and relatively few takers. Get the Full Story Complete the form to unlock...

READ MORE >
Razorpay Introduces Cash Advance To Provide Instant SMB Loans
Razorpay Introduces Cash Advance To Provide Instant SMB Loans
September 08, 2020  |  B2B Payments

India-based financial solutions company Razorpay is rolling out a new solution for companies in need of business loans, helping them to instantly access capital, according...

READ MORE >
UK FinTech MarketFinance Nets $65.8M To Extend SMB Loans
UK FinTech MarketFinance Nets $65.8M To Extend SMB Loans
September 08, 2020  |  International

MarketFinance, a FinTech business lender, has secured a £50 million ($65.8 million) loan investment from Viola Credit, the Israeli asset manager, to go toward lending...

READ MORE >
Blend CEO: Why Mortgage Lending Needs More Data, Not More Documents
Blend CEO: Why Mortgage Lending Needs More Data, Not More Documents
August 31, 2020  |  Real Estate

The great digital shift might upend the way we get mortgages, transforming a $2.1 trillion industry weighed down by time-consuming processes to one that is...

READ MORE >
CheckAlt, NXTsoft Partner To Boost Real-Time Integrations
CheckAlt, NXTsoft Partner To Boost Real-Time Integrations
August 30, 2020  |  B2B Payments

CheckAlt, which provides treasury management and item processing, is partnering with OmniConnect, NXTsoft‘s secure connectivity solution, to allow for faster real-time integrations, a press release...

READ MORE >