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

Momnt and Acorn Finance Launch Home Improvement Loan Partnership

Momnt and Acorn Finance Launch Home Improvement Loan Partnership
Momnt and Acorn Finance Launch Home Improvement Loan Partnership
August 08, 2023  |  Partnerships

Momnt and Acorn Finance have teamed to offer a lending solution for home improvement merchants. Get the Full Story Complete the form to unlock this article and enjoy...

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‘Shadow Bank’ Lending in India Outpaces Traditional Banks
‘Shadow Bank’ Lending in India Outpaces Traditional Banks
August 08, 2023  |  Loans

It’s reportedly a good time to be a “shadow bank” in India. Get the Full Story Complete the form to unlock this article and enjoy...

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Are Main Street Businesses Starting to Crack?
Are Main Street Businesses Starting to Crack?
August 03, 2023  |  Earnings

Earnings season, as always, offers up data points for Wall Street to parse — net income per share, buybacks and top-line growth. Get the Full...

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To Expand Credit Access to Small Businesses, Banks Must Tap Alternative Data
To Expand Credit Access to Small Businesses, Banks Must Tap Alternative Data
August 02, 2023  |  SMBs

Chris Hendrickson, senior vice president of small business strategy at Comerica, and Scott Steinberg, chief product officer and chief operating officer of Enigma, said a multidimensional underwriting process...

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Proportion of US Banks Tightening Loan Terms Rises to 50.8%
Proportion of US Banks Tightening Loan Terms Rises to 50.8%
July 31, 2023  |  Loans

Banks are continuing to tighten their terms on commercial and industrial loans. Get the Full Story Complete the form to unlock this article and enjoy...

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Fed’s Senior Loan Officer Survey Signals Pressure as Small Businesses Seek Credit
Fed’s Senior Loan Officer Survey Signals Pressure as Small Businesses Seek Credit
July 31, 2023  |  Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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SoFi Deposits Grow 26% Year Over Year to $12.7 Billion
SoFi Deposits Grow 26% Year Over Year to $12.7 Billion
July 31, 2023  |  Earnings

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Report: Figure Technologies Lays Off 90 Employees and Plans IPO
Report: Figure Technologies Lays Off 90 Employees and Plans IPO
July 28, 2023  |  IPO

Figure Technologies has reportedly laid off staff and is preparing for an initial public offering (IPO). Get the Full Story Complete the form to unlock this...

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Will Big Bank Capital Requirements Help Smaller FIs, FinTechs Gain Small Business Lending Share?
Will Big Bank Capital Requirements Help Smaller FIs, FinTechs Gain Small Business Lending Share?
July 26, 2023  |  Loans

As banks — especially larger players — grapple with a new capital reality, the opportunity may be there for smaller financial institutions (FIs) and FinTechs...

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