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 SMB Loan ‘Lunchtime Rush’ Signals For Bankers

What The SMB Loan ‘Lunchtime Rush’ Signals For Bankers
What The SMB Loan ‘Lunchtime Rush’ Signals For Bankers
May 26, 2021  |  B2B Payments

Financial institutions (FIs) have historically viewed small businesses as a less profitable part of their own business, not necessarily worth troves of time, investment and...

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Equipment Leasing Finds Its Own POS Financing Path
Equipment Leasing Finds Its Own POS Financing Path
May 25, 2021  |  B2B Payments

The trajectory of innovation in the B2B payments and commerce space has largely been attributed to the influence of the B2C arena. Get the Full...

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LendingClub CEO: Financial Services Must Adopt ‘Outcomes-Based Approach’
LendingClub CEO: Financial Services Must Adopt ‘Outcomes-Based Approach’
May 25, 2021  |  Digital-First Banking

The great digital shift has brought us all onto our mobile devices. But as we become ever connected with financial services firms through phones, tablets...

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Alt-Lending Makes A B2B VC Comeback
Alt-Lending Makes A B2B VC Comeback
May 21, 2021  |  B2B Payments

Another lucrative week for the B2B FinTech space yielded more than $480 million in equity and venture capital funding. Alternative lending is making a comeback...

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NY Fed: Most Borrowers Who Took Forbearances Amid The Pandemic Have Exited Forbearance
NY Fed: Most Borrowers Who Took Forbearances Amid The Pandemic Have Exited Forbearance
May 20, 2021  |  Loans

More than one in 10 mortgage borrowers participated in a mortgage forbearance during the past year for at least a month, but many of them...

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C2FO, Marcus By Goldman Sachs Team On SMB Financing
C2FO, Marcus By Goldman Sachs Team On SMB Financing
May 19, 2021  |  B2B Payments

Working capital platform C2FO and Marcus by Goldman Sachs are teaming to equip qualified companies that harness C2FO domestically with unsecured financing. The collaboration endeavors...

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FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed
FinTechs Face PPP Probe Long After Emergency Business Loans Were Dispersed
May 19, 2021  |  Loans

Long after nearly $800 billion in Paycheck Protection Program (PPP) life-line loans were rapidly dispersed to ailing businesses during the height of the pandemic, a...

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Experian, Temenos Offer Instant Prescreen, Credit Solutions
Experian, Temenos Offer Instant Prescreen, Credit Solutions
May 16, 2021  |  Partnerships / Acquisitions

Credit rating giant Experian and major banking software player Temenos have integrated their offerings to create “a seamless way for lenders to extend credit,” according...

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PPP Loan Distribution, Cryptocurrency, Online Ordering Top This Week’s News
PPP Loan Distribution, Cryptocurrency, Online Ordering Top This Week’s News
May 14, 2021  |  The Weekender

In this week’s news, we saw a report that the Justice Department is conducting a civil probe into whether some FinTechs distributing Payroll Protection Program...

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