Source: en.wikipedia.org
The struggle of small business borrowing is well documented. Indeed, it’s the underlying reason why the alternative SME lending industry exists. But even alt-lenders have...
At least two-thirds of consumers who go online apply for a loan. In our latest Data Drivers, Joe DeCosmo, chief analytics officer at Enova, and...
Moody’s Investors Service reported Thursday (June 8) that credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting...
Inadequate cash flow can cripple a business and is indeed the main culprit behind failed startups. But a cash flow crunch isn’t just deadly to...
As the age of a small business owner increases, so do their chances of having a loan application approved by bank lenders, according to research...
After seven years of offering close scrutiny to any and all aspects of consumer lending — mortgage underwriting, car loans, short-term lending, credit cards, debt collection,...
Stocks are at or near record highs, giving rise to an outsized wealth effect. But some banks are seeing new highs in sour loans. Two...
If expansion is key for SMBs, so too is it for lenders. Biz2Credit is linking up with Oriental Bank in Puerto Rico to boost SMB...