Small business lending

Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending
Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending
April 23, 2024  |  Earnings

Online lender Enova International reported growing lending volume and solid credit performance for the first quarter. During the quarter ended March 31, Enova’s combined loans and finance...

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Decipher Credit Launches SMB Lending Partnership With Validis
Decipher Credit Launches SMB Lending Partnership With Validis
April 22, 2024  |  SMBs

Loan origination platform Decipher Credit has teamed up with small business financial data provider Validis. The partnership will allow commercial lenders to extract financial and accounts receivable...

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GenAI Bridges Small Business Lending Gap
GenAI Bridges Small Business Lending Gap
April 18, 2024  |  artificial intelligence

An unavoidable truth in business is that it frequently takes money to make money.  And in today’s world, where small and medium-sized businesses (SMBs) often...

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The Smaller the Business, the Less Interested They Seem in Using Credit — Why?
The Smaller the Business, the Less Interested They Seem in Using Credit — Why?
January 31, 2024  |  SMBs

Flexible and accessible borrowing tools are a financial cornerstone for many small to mid-sized businesses (SMBs). PYMNTS Intelligence’s latest study finds that 90% of SMBs...

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Business Lender iwoca Raises $243 Million to Fund Small Businesses
Business Lender iwoca Raises $243 Million to Fund Small Businesses
October 16, 2023  |  SMBs

European small business lender iwoca says it has raised $243 million in new funding.  The financing, announced late Monday (Oct. 16), follows the $152 million the London-based...

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SBA to Debut Changes to Boost Small Business Access to Credit
SBA to Debut Changes to Boost Small Business Access to Credit
July 31, 2023  |  SMBs

Sweeping changes to the federal program for small business lending will begin taking effect Tuesday (Aug. 1). Among the upcoming changes are simplified loan requirements,...

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IBM and Emkan Finance Develop Small Business Digital Lending Product
IBM and Emkan Finance Develop Small Business Digital Lending Product
February 09, 2023  |  B2B Payments

Emkan Finance and IBM have developed a digital financing product for small businesses in Saudi Arabia. In announcing the collaboration on Thursday (Feb. 7), IBM...

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New York Regulator Requires New Disclosures for Small Businesses Financing
New York Regulator Requires New Disclosures for Small Businesses Financing
February 01, 2023  |  Regulation

New York’s financial watchdog wants small businesses to have enough information when they seek financing. To that end, the New York Department of Financial Services (NYDFS) has...

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Bank Collaborations Key To Faster Payment Initiatives
Bank Collaborations Key To Faster Payment Initiatives
July 28, 2021  |  B2B Payments

SWIFT’s latest product launch signals its continued efforts to accelerate and boost transparency in global B2B payments. But it’s also a reflection of the importance...

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