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

Biden Administration Extends Small Business Loan Program

Biden Administration Extends Small Business Loan Program
Biden Administration Extends Small Business Loan Program
March 31, 2021  |  Loans

President Joe Biden has extended the period that small businesses have to seek loans to offset costs related to the COVID-19 pandemic. According to Bloomberg,...

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Fidelity Digital Assets Adds Silvergate As Crypto Lender
Fidelity Digital Assets Adds Silvergate As Crypto Lender
March 29, 2021  |  Cryptocurrency

Fidelity Digital Assets will soon be collaborating with Silvergate Bank as its second lender extending cryptocurrency-backed loans, Silvergate announced in a press release on Monday (March...

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Today In B2B: BlueVine Talks SMB Lending Vision; Sage Announces Next Takeover Target
Today In B2B: BlueVine Talks SMB Lending Vision; Sage Announces Next Takeover Target
March 29, 2021  |  B2B Payments

Today in B2B payments, BlueVine discusses its vision for the intersection of small business credit and banking, while Sage announces its next acquisition target. Plus,...

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BlueVine’s Allocca: SMB Growth Demands New Vision For Loan Underwriting
BlueVine’s Allocca: SMB Growth Demands New Vision For Loan Underwriting
March 29, 2021  |  B2B Payments

When small business lending FinTech BlueVine took the wraps off its bank offering last October, the solution emerged as a natural extension of the company’s...

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Ex-Visa Exec Leads SMB Contextual Lending Charge For Fundbox
Ex-Visa Exec Leads SMB Contextual Lending Charge For Fundbox
March 26, 2021  |  Loans

Well-publicized government aid aside, small- to medium-sized businesses (SMBs) — both on the supply and retail sides — still struggle with cash flow. Get the...

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Today In Payments Around The World: China Mulls Restrictions On Loan Facilitation; UK FCA Warns Of Young Traders Making Risky Investments
Today In Payments Around The World: China Mulls Restrictions On Loan Facilitation; UK FCA Warns...
March 25, 2021  |  International

In today’s top payments news around the world, regulators in China are mulling over limitations on “loan-facilitation,” while the Financial Conduct Authority (FCA) said that...

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Volofin To Offer Blockchain Invoice Financing System
Volofin To Offer Blockchain Invoice Financing System
March 24, 2021  |  B2B Payments

Singapore-based volofin will offer a blockchain invoice financing system for backers and small to medium-sized businesses (SMBs) in Singapore, India and the United States at...

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Today In Digital-First Banking: Neobank albo Integrates Acuant Tech; Revolut Grows Digital Banking In The US
Today In Digital-First Banking: Neobank albo Integrates Acuant Tech; Revolut Grows Digital Banking In The...
March 23, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Mexican neobank albo has integrated Acuant’s Trusted Identity Platform, while British FinTech Revolut has submitted its draft application...

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Bank Loans Continue To Fall Despite Increase In Assets
Bank Loans Continue To Fall Despite Increase In Assets
March 22, 2021  |  Loans

While bank deposits continue to climb, lending in the U.S. by financial institutions (FIs) is lower than ever, as banks remain cautious about extending loans...

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