Small business lending

Contextualizing The SMB Credit Score Through Open Banking
Contextualizing The SMB Credit Score Through Open Banking
May 01, 2020  |  B2B Payments

Businesses have a front-row seat to the market volatility resulting from coronavirus. As governments around the world work with financial institutions to connect these companies...

READ MORE >
Hong Kong Alt-Lender Oriente Raises $50M
Hong Kong Alt-Lender Oriente Raises $50M
April 28, 2020  |  B2B Payments

Hong Kong-based FinTech Oriente has raised $50 million in its ongoing Series B round, according to finews.asia. Oriente, which provides customers with financial resources like...

READ MORE >
Finding The Right Tech Mix For Dutch SMB Finance
Finding The Right Tech Mix For Dutch SMB Finance
April 13, 2020  |  B2B Payments

While small businesses across the globe face pressing cash flow challenges, in the Netherlands, small suppliers’ payment cycles were already feeling the squeeze before coronavirus...

READ MORE >
FinTechs Help Banks Ease The PPP Lending Pain
FinTechs Help Banks Ease The PPP Lending Pain
April 08, 2020  |  B2B Payments

Small businesses overwhelmed U.S. financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security...

READ MORE >
Trump Wants Additional $250 Billion For SMB Loans
Trump Wants Additional $250 Billion For SMB Loans
April 07, 2020  |  Loans

President Donald Trump said he is working with congressional leaders to come up with another $250 billion in loan guarantees to help small- and medium-sized...

READ MORE >
Small Business Rescue Program Encounters Technical Challenges
Small Business Rescue Program Encounters Technical Challenges
April 06, 2020  |  Loans

Amid processing and technology challenges that are holding back payments, the U.S. government’s $350 billion small business rescue program began its fourth day on Monday...

READ MORE >
Bank Of America Boasts $22B In Bailout Loans
Bank Of America Boasts $22B In Bailout Loans
April 03, 2020  |  Coronavirus

It was a phenomenal Friday (April 3) for Bank of America. The Charlotte-based global lender told CNBC that 85,000 customers have applied for $22.2 billion...

READ MORE >
JPMorgan Now Taking Applications For Paycheck Protection Program
JPMorgan Now Taking Applications For Paycheck Protection Program
April 03, 2020  |  Loans

JPMorgan, one of the nation’s largest lenders, started accepting applications for loans from the federal government’s Paycheck Protection Program (PPP) on Friday (April 3), according...

READ MORE >
Banks, FinTechs Wield Open Banking For SMB Finance
Banks, FinTechs Wield Open Banking For SMB Finance
March 19, 2020  |  B2B Payments

As financial service providers deploy new solutions on the heels of open banking regulatory initiatives in the U.K. and Europe, players in other geographies have...

READ MORE >