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

SMB Lender OnDeck Gears Up For Asset-Backed Security Sale

SMB Lender OnDeck Gears Up For Asset-Backed Security Sale
SMB Lender OnDeck Gears Up For Asset-Backed Security Sale
April 26, 2021  |  Partnerships / Acquisitions

OnDeck Capital, the small to medium-sized business (SMB) digital lender, is reportedly gearing up for its first bond sale after installment loan issuer Enova International...

READ MORE >
Today In Digital-First Banking: Former Barclays Exec Chosen To Lead Citi Commercial Bank; Trade Group Looks For Greater Crypto Entity Oversight
Today In Digital-First Banking: Former Barclays Exec Chosen To Lead Citi Commercial Bank; Trade Group...
April 23, 2021  |  Digital Banking

In today’s top news in digital-first banking, a former Barclays executive has been named to serve as head of Citi Commercial Bank (CCB), while the...

READ MORE >
ForwardAI Debuts API For SMB Lending
ForwardAI Debuts API For SMB Lending
April 22, 2021  |  B2B Payments

ForwardAI, which works in lender-first FinTech services, has rolled out ForwardAI Precise, an application programming interface (API) delivering a suite of cash flow, accounting and...

READ MORE >
CFPB Tries To Fend Off A Potential Foreclosure Crisis
CFPB Tries To Fend Off A Potential Foreclosure Crisis
April 20, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) is taking a long hard look at mortgage servicers — and whether they’ve really been compliant with pandemic-era programs...

READ MORE >
Finserv Collaboration Targets The Smallest Of SMBs
Finserv Collaboration Targets The Smallest Of SMBs
April 19, 2021  |  B2B Payments

Small- to medium-sized business (SMB) sentiment today might be best summed up as a mix of optimism and anxiety. Amid the devastation that the pandemic...

READ MORE >
Short-Term SMB Funding, Done Digitally And Down Under 
Short-Term SMB Funding, Done Digitally And Down Under 
April 16, 2021  |  B2B Payments

In the land down under, faster payment rails and faster funding can help smaller firms manage cash flow more efficiently and capitalize on their growth...

READ MORE >
Camino Financial, Lendio Collaborate To Provide SMB Capital
Camino Financial, Lendio Collaborate To Provide SMB Capital
April 14, 2021  |  B2B Payments

In order to provide funding for small to medium-sized businesses (SMBs) for underserved communities, mission-driven financial technology firm Camino Financial has teamed with lending marketplace...

READ MORE >
Square To Launch Square Loans In Australia For SMEs
Square To Launch Square Loans In Australia For SMEs
April 14, 2021  |  Loans

Square plans to launch its lending product, Square Loans, in Australia. The offering assists small companies with expansion by providing them with easy and expedient...

READ MORE >
GetVantage Offers India’s SMBs Revenue-Based Financing With A Twist
GetVantage Offers India’s SMBs Revenue-Based Financing With A Twist
April 13, 2021  |  SMBs

For small firms in India, particularly up-and-coming players in the digital space, getting access to funding is a painful process. Until recently, their access to...

READ MORE >