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

BNPL Firm Sezzle Allies With Ally Lending To Expand Loan Options

BNPL Firm Sezzle Allies With Ally Lending To Expand Loan Options
BNPL Firm Sezzle Allies With Ally Lending To Expand Loan Options
September 23, 2020  |  BNPL

The FinTech Sezzle has struck up a partnership with Ally Lending, a digital financial services company. This will allow the Minneapolis-based Sezzle to offer more...

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Powell: US SMBs Need ‘Direct Fiscal Support’ Not Loans
Powell: US SMBs Need ‘Direct Fiscal Support’ Not Loans
September 21, 2020  |  SMBs

Federal Reserve chairman Jerome Powell is set to tell lawmakers that U.S. small businesses may need “direct fiscal support,” rather than more loans, the Financial...

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Asset-Based Finance Finds Growth With Balance Sheet Strength
Asset-Based Finance Finds Growth With Balance Sheet Strength
September 21, 2020  |  B2B Payments

Decades ago, asset-based finance developed a nasty reputation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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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...

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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  |  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...

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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...

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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...

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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...

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