loans

UK Banks Anticipate Avalanche Of Firms Extending BBLS Terms

UK Banks Anticipate Avalanche Of Firms Extending BBLS Terms
UK Banks Anticipate Avalanche Of Firms Extending BBLS Terms
May 03, 2021  |  Loans

U.K. banks are bracing for an avalanche of requests by businesses to extend terms for the Bounce Back Loan Scheme (BBLS), designed to provide quick...

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Virgin Money Teams With Trade Ledger On Business Lending Tech
Virgin Money Teams With Trade Ledger On Business Lending Tech
April 29, 2021  |  B2B Payments

Virgin Money is collaborating with FinTech Trade Ledger as it keeps developing its corporate banking offering, according to a Thursday (April 29) announcement. Get the...

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Today In Digital-First Banking: LendingClub’s Q1 Loan Originations Increase By 63 Pct; US Bank Provides SPAC Solutions
Today In Digital-First Banking: LendingClub’s Q1 Loan Originations Increase By 63 Pct; US Bank Provides...
April 29, 2021  |  Banking

In today’s top news in digital-first banking, LendingClub reported that loan originations grew by 63 percent quarter over quarter, while U.S. Bank is rolling out...

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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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