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)

Report: Almost $270 Billion in Leveraged Loans at Default Risk
Report: Almost $270 Billion in Leveraged Loans at Default Risk
September 27, 2023  |  Loans

Leveraged loans were a popular method of financing during the pandemic. Now, with interest rates set to stay high, they’ve turned into a major headache,...

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Oxford Commercial Finance Debuts Purchase Order Financing
Oxford Commercial Finance Debuts Purchase Order Financing
September 21, 2023  |  B2B Payments

Oxford Commercial Finance has expanded its small and medium-sized business (SMB) working capital offerings. The Michigan-based lender — a subsidiary of Oxford Bank — announced Thursday (Sept. 21) it would...

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Connecticut Department of Banking Issues Guidance on Small Loan Rules
Connecticut Department of Banking Issues Guidance on Small Loan Rules
September 13, 2023  |  Regulation

The Connecticut Department of Banking has issued new industry guidance regarding the Small Loan Lending and Related Activities Act. These changes in the regulation are set to come into...

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Consumers Adjust Spending as They Think Credit’s Getting Harder to Obtain
Consumers Adjust Spending as They Think Credit’s Getting Harder to Obtain
September 11, 2023  |  Economy

Consumers are less sanguine about their financial situations — especially when it comes to obtaining credit. And those reservations may be incentivizing them to shift...

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ABC Finance Launches Platform to Connect Business Owners With Lenders
ABC Finance Launches Platform to Connect Business Owners With Lenders
September 11, 2023  |  B2B Payments

ABC Finance has introduced an invoice finance comparison tool that quickly connects business owners with lenders who meet their funding requirements. This platform was developed to fix the...

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SAP Fioneer and Mastercard Partner on Embedded Payments and Lending
SAP Fioneer and Mastercard Partner on Embedded Payments and Lending
September 08, 2023  |  Partnerships

SAP Fioneer, a global provider of financial services software solutions and platforms, has partnered with Mastercard to enhance its embedded financial services. The collaboration aims to enable...

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Large National Banks Hold the Advantage When Main Street SMBs Shop for Credit
Large National Banks Hold the Advantage When Main Street SMBs Shop for Credit
September 08, 2023  |  SMBs

Access to business financing is crucial for Main Street small and medium-sized businesses (SMBs). But while a significant share of these small businesses across all...

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Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
September 08, 2023  |  IPO

Earnings season has trailed off — and now come the headlines focused on technology, partnerships and entry into new markets as FinTechs continue to try...

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LHV Bank Collaborates With Tuum on Small Business Lending
LHV Bank Collaborates With Tuum on Small Business Lending
September 07, 2023  |  Banking

LHV Bank has implemented an upgraded loan system for its small and medium-sized business (SMB) lending division. The U.K. licensed bank has partnered with cloud-native platform Tuum to...

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