loans

LendingClub Q1 Loan Originations Grow By 63 Pct

LendingClub Q1 Loan Originations Grow By 63 Pct
LendingClub Q1 Loan Originations Grow By 63 Pct
April 28, 2021  |  Earnings

LendingClub reported Wednesday (April 28) as part of its first quarter earnings results that loan originations climbed 63 percent quarter over quarter, according to an...

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Experian Unveils Data Suite For SMB Lenders
Experian Unveils Data Suite For SMB Lenders
April 27, 2021  |  B2B Payments

Experian unveiled the Ascend Commercial Suite, which is targeted toward financial institutions focused on business lending and insurance carriers, according to a Thursday (April 27)...

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

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...

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Credit Union Group Adds Voice To Resolving PPP Problems For SMBs
Credit Union Group Adds Voice To Resolving PPP Problems For SMBs
April 23, 2021  |  Loans

The Paycheck Protection Program (PPP) has a problem with its forgiveness program, according to the Credit Union National Association (CUNA), which wrote to the House...

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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...

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Ally Financial Posts $796 Million Q1 Net Income
Ally Financial Posts $796 Million Q1 Net Income
April 16, 2021  |  Earnings

Ally Financial, a Detroit, Michigan-headquartered automotive financial services company, posted first-quarter 2021 results showing net income of $796 million, after reporting a loss in the...

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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...

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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...

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