Small business lending

Kabbage Raises $700M For SMB Lending
Kabbage Raises $700M For SMB Lending
April 08, 2019  |  Investments

Kabbage, the global financial services company for small businesses, announced Monday (April 8) it has closed the largest asset-backed securitization (ABS) by a small business online...

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OnDeck Launches Same Day ACH Service For SMB Borrowers
OnDeck Launches Same Day ACH Service For SMB Borrowers
April 05, 2019  |  B2B Payments

Small business lending platform OnDeck is accelerating access to capital for its users through the launch of a same-day funding option. Get the Full Story...

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Funding Circle Decides To Close Troubled SME Income Fund
Funding Circle Decides To Close Troubled SME Income Fund
April 05, 2019  |  B2B Payments

After months of strategy adjustments, loan defaults and shifts in market exposure, Funding Circle’s SME Income Fund is set to close, sending shares down for...

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OnDeck Completes Evolocity Merger In Canada
OnDeck Completes Evolocity Merger In Canada
April 03, 2019  |  B2B Payments

OnDeck has closed the merger between its Canadian operations and small business lender Evolocity Financial Group, also based in Canada. Get the Full Story Complete...

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Has Alternative Lending Seen Its VC Peak?
Has Alternative Lending Seen Its VC Peak?
March 26, 2019  |  Alternative Finances

In 2015, news outlets ran articles about the “gold mine” of venture capital investments in the alternative finance sector. The industry indeed proved to be lucrative...

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Patriot National Hits Regulatory Snag In SBA Platform Plans
Patriot National Hits Regulatory Snag In SBA Platform Plans
March 15, 2019  |  B2B Payments

Community bank Patriot National has hit a regulatory roadblock in its plans to launch a Small Business Administrative platform, but reports in American Banker on...

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FinTech Pressures FI Giants To Strengthen SMB Lending In Mexico
FinTech Pressures FI Giants To Strengthen SMB Lending In Mexico
March 15, 2019  |  B2B Payments

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure...

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Funding Circle Reveals Plans For Canada Launch
Funding Circle Reveals Plans For Canada Launch
March 08, 2019  |  B2B Payments

Alternative small business lending firm Funding Circle has announced plans to launch in Canada. Get the Full Story Complete the form to unlock this article...

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PayPal Hits £1B UK SMB Lending Milestone
PayPal Hits £1B UK SMB Lending Milestone
March 06, 2019  |  Alternative Finances

PayPal said on Wednesday (March 6) that it has provided more than £1 billion in financing to small businesses in the United Kingdom through its...

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