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

Chinese Banks Vie For SMBs With New Virtual Bank Applications

Chinese Banks Vie For SMBs With New Virtual Bank Applications
Chinese Banks Vie For SMBs With New Virtual Bank Applications
July 02, 2020  |  B2B Payments

New Chinese lender Ping An OneConnect, along with HSBC, are both working to help ease small- to medium-sized businesses (SMBs) into new virtual, more efficient...

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Marqeta Helps UK SMB Credit Lender Expand Into Spain
Marqeta Helps UK SMB Credit Lender Expand Into Spain
June 30, 2020  |  B2B Payments

Card issuer Marqeta has been helping U.K.-based Capital on Tap to expand its small business credit lending services to Spain, a press release says. Get the...

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Helping Homeowners Access Home Equity Without Debt
Helping Homeowners Access Home Equity Without Debt
June 25, 2020  |  Real Estate

When it comes to purchasing a home or attempting to take equity out of a home in cash form — there aren’t an awful lot...

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Some PPP Borrowers Foresee Layoffs When PPP Money Runs Out
Some PPP Borrowers Foresee Layoffs When PPP Money Runs Out
June 23, 2020  |  Loans

After using their Paycheck Protection Program (PPP) loans, 14 percent of borrowers foresee needing to lay off staffers, per a survey from the NFIB Research Center. Half...

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Airlines Are Using Frequent-Flyer Programs As Collateral For Loans To Stay Alive
Airlines Are Using Frequent-Flyer Programs As Collateral For Loans To Stay Alive
June 15, 2020  |  Economy

In times of crisis, we mortgage what we have to get to where we need to be. Get the Full Story Complete the form to...

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FTC Alleges New York Small-Business Lenders Deceived SMBs And Nonprofits
FTC Alleges New York Small-Business Lenders Deceived SMBs And Nonprofits
June 10, 2020  |  Cybersecurity

The Federal Trade Commission sued two New York small-business lenders Wednesday (June 10) for allegedly using deceptive terms in loans to companies, nonprofits, religious groups...

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Fed To Launch Main Street Lending Program For Mid-Sized Companies
Fed To Launch Main Street Lending Program For Mid-Sized Companies
June 04, 2020  |  B2B Payments

The Federal Reserve will launch the Main Street Lending Program, which is geared toward mid-sized businesses, this week. By contrast, the Paycheck Protection Program (PPP)...

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Why Wells Fargo Braked On Loans To Independent Auto Dealers
Why Wells Fargo Braked On Loans To Independent Auto Dealers
June 03, 2020  |  Loans

The coronavirus has idled all sorts of lending, as banks and other financial services firms eye consumers with wariness. Unemployment, after all, has skyrocketed, indicating that...

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