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

What The Climbing Debt Defaults Really Mean For The Economy

What The Climbing Debt Defaults Really Mean For The Economy
What The Climbing Debt Defaults Really Mean For The Economy
February 20, 2018  |  Alternative Credit

By many measures, the economy looks strong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Use Of AltFin Climbs For Small Business Borrowers
Use Of AltFin Climbs For Small Business Borrowers
February 20, 2018  |  B2B Payments

Traditional bank loans still reign as the top financing target for small business (SMB) borrowers, but a new report suggests alternative lenders are gaining traction....

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Economic Recovery Not A Silver Bullet For SMB Growth, C2FO Finds
Economic Recovery Not A Silver Bullet For SMB Growth, C2FO Finds
February 19, 2018  |  B2B Payments

The latest report by alternative lender C2FO finds that economic recovery doesn’t necessarily negate every problem for small business (SMB) owners. Get the Full Story...

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BofA Community Development Banking Has Record 2017
BofA Community Development Banking Has Record 2017
February 16, 2018  |  Banking

Bank of America Merrill Lynch’s Community Development Banking (CDB) announced news on Thursday (Feb. 15) that 2017 was a record year for the firm. The...

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Big Banks Continue SMB Lending Uptick, Biz2Credit Finds
Big Banks Continue SMB Lending Uptick, Biz2Credit Finds
February 08, 2018  |  B2B Payments

Small business hiring may have petered out in January, but lending to SMBs certainly didn’t. Get the Full Story Complete the form to unlock this...

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Equifax Gives Lenders Access To SMB Data
Equifax Gives Lenders Access To SMB Data
February 06, 2018  |  B2B Payments

Soon after news emerged that the Consumer Financial Protection Bureau (CFPB) would be pulling back its investigation into Equifax Inc. and the data breach that...

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LendingClub: Getting Borrowers Off The Credit Hamster Wheel
LendingClub: Getting Borrowers Off The Credit Hamster Wheel
February 05, 2018  |  Banking

Another day, another customer trudging into the bank to discuss credit card debt and a lack of savings … over a venti Starbucks latté. It...

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i2C Partners With Payfare To Pay Gig Workers
i2C Partners With Payfare To Pay Gig Workers
January 30, 2018  |  Partnerships

Global payments company i2c announced news on Tuesday (Jan. 30) that it inked a deal with Payfare, a provider of mobile banking and micro-lending, in which...

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