Sections
Small Business Loans
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1.0KEarningsOnDeck Sees Loan Originations Up 26 Pct In 2Q
OnDeck Capital reported second quarter results that showed continued growth in loan originations and improved credit quality metrics. Management stated on a...
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1.8KB2B PaymentsVisa Expands SMB Service In Kenya With Alt-Lender
Visa is expanding its presence with small businesses in Kenya through a new partnership with alternative lender Branch International, a mobile small...
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2.1KGlobal PaymentsBNP Paribas Unveils UK SME Debt Fund; Nanjing Rolls Out $1.5M Blockchain Fund
Welcome to The Axis, your late look at payments news from around the world. Coverage includes BNP Paribas Asset Management’s new U.K. debt...
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1.6KB2B PaymentsCalifornia Closes In On Extending Borrower Protections To SMBs
California lawmakers are considering legislation that would extend disclosure requirements currently required by consumer lenders to lenders of small business loan products,...
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1.9KB2B PaymentsOnDeck Secures Credit Facilities In Australia And Canada
Alternative small business lending platform OnDeck is expanding financing to businesses in Canada and Australia, the company announced on Wednesday (July 18)....
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1.9KB2B PaymentsFor SMB Underwriting, Exploring A More Reliable Kind Of Alternative Data
The pullback of banks from the small business lending space left a gap filled by alternative lenders who are exploring new ways...
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1.5KB2B PaymentsWith FinTech Pacts, FIs Take Aim At SMBs, Customer Service
This past week might have been termed small business (SMB) week, if FinTech and financial institution (FI) announcements were any indication. U.S....
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2.5KLoansTrump’s Small Biz Lending Bill Sees Approval From CBA
After the Senate passed legislation earlier this month that boosts the Small Business Administration’s lending authority, President Donald Trump signed that legislation...
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2.6KB2B PaymentsCompetition Heats Up Between Large FIs, Small Banks, Alt Lenders – And SMBs Win
Loan approvals for small business borrowers in the U.S. hit a new peak last month, according to Biz2Credit research. But the story...
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2.4KRegulationBill To Increase SBA SMB Lending Authority Passes In Senate
The U.S. Senate has unanimously passed a bipartisan bill that will increase the Small Business Administration’s authority over the Small Business 7(a)...
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3.1KLoansBlueVine CEO: The Real Value Of Invoice Factoring
The landscape in SMB lending is almost totally unrecognizable from what it was even a short five years ago, BlueVine Founder and CEO,...
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3.7KSouth AsiaPayMate CEO On India’s SME Lending Watershed Moment
The SME segment in India has been a consistent bright spot and engine for growth over the last several years. According to...
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3.2KB2B PaymentsThe Biggest Banking, Regulatory Challenges For Today’s Entrepreneur
National Small Business Week is this week in the U.S., and finance experts are celebrating with new data on the state of...
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3.6KPartnerships / AcquisitionsKabbage Acquires Lending Data Provider Orchard Platform Markets
Small business lending platform Kabbage is making plans to acquire Orchard Platform Markets, a provider of lending data and services. According to...
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3.5KB2B PaymentsUK SMB, Bank Groups Spar Over Low Lending Rates
U.K. small businesses continue to struggle with access to bank funding, according to reports in Financial Times on Friday (March 30). Small...
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3.5KSMBsTSB To Launch Business Marketplace To Enable SMBs To Shop For Loans
TSB, the U.K.’s challenger bank, is gearing up to create Business Marketplace, an internet site that will enable small businesses to compare...
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3.5KB2B PaymentsFunding Circle Chooses Bank Partners For Record-Setting Float
Funding Circle has reportedly chosen the banks to help it go public, according to Bloomberg reports from Sunday (March 11). An unnamed...
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3.1KAlternative FinancesUK Federation Of Small Businesses Says AltFin Is Just Heating Up
Small businesses face a mountain of financial challenges in the U.K., from late payments from their large corporate clients to a lack...
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4.6KB2B PaymentsEconomy Boosts SMB Borrowing Activity
New data from small business credit analysis firm PayNet finds the small and medium-sized business (SMB) lending landscape expanded significantly toward the...
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3.0KB2B PaymentsFirst National Bank Plans Online SMB Lending Portal
First National Bank and Trust Company is planning the launch of a digital small business lending portal and has tapped a partner to...
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3.8KB2B PaymentsCards, Bank Loans And AltFin Easing SMBs’ Search For Financing
With another Small Business Saturday in the books, small- and medium-sized businesses (SMBs) are still kept on their toes by the yearly...
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3.1KB2B PaymentsAsia’s Alternative SMB Finance Lands Investment Boom
B2B FinTech enjoyed more time in the spotlight with investors this week as companies around the globe — ranging from eProcurement to small-...
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5.5KB2B PaymentsIntuit Makes Use Of QuickBooks Data For SMB Loans
Intuit-operated QuickBooks has dabbled in small- and medium-sized business (SMB) financing in the past, but an announcement made Tuesday (Nov. 7) reveals...
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2.7KB2B PaymentsSBA Head McMahon Offers Update Six Months Into The Job
Six months into her tenure, U.S. Small Business Administration (SBA) head Linda McMahon is speaking up about the state of small and...
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12.2KSMBsJPMorgan Chase And OnDeck Shake Hands On Another 4 Years
Small business owners shouldn’t have to waste their time chasing loans. They have enough to think about without spending hours applying for...
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5.7KPayment MethodsnCino Makes It Easier For Small Businesses To Access Funding
nCino, the cloud banking company, announced Tuesday (April 25) it has broadened the scope of its Bank Operating System to provide financial...
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2.4KB2B PaymentsSMB Loans, Keeping On Truckin’
Bizfi has linked with InterNex Capital to provide short-term, working capital-focused loans for manufacturing and trucking firms. Bizfi Founder Stephen Sheinbaum and InterNex...
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2.6KSMBsFor Small Businesses, Borrowing’s Up, But So Too Are Delinquencies
In the United States, borrowing by small businesses rose in August, and the percentage of firms calculated as having delinquencies on existing...
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2.8KB2B PaymentsMoving SMB Loans Down Under
A new strategic alliance between Biz2Credit and Australian Financial Group will help the latter’s brokers extend loans to SMBs. Biz2Credit CEO Rohit...
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Regulation
Fed Regulators Eye SMB Lending
The online lending landscape may get rockier as federal regulators are eyeing whether to bolster their oversight on loans extended to small...
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B2B Payments
Canada Ripens for Online Small Business Loans
Small businesses are the lifeblood of many economies, and cash is the lifeblood of small business. But many smaller players simply can’t...
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Alternative Finances
Dealstruck’s LendingTree Partnership Helps SMBs Save
Dealstruck announced yesterday (July 28) a partnership with LendingTree to provide more small businesses with quick, custom and cost-effective loan products to help...
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Alternative Finances
Turns Out That Most SMBs Don’t Compare Lenders
A new survey from LendingTree shows that a majority of small businesses who apply for loans don’t take time to shop around....
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Alternative Finances
Funding Circle Comes Around with $150M
Funding Circle has gotten a capital infusion of its own, raising $150 million. The peer-to-peer online marketplace for business loans announced this...
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Alternative Finances
Lendio’s $20.5M Rise To Help SMBs Get Loans
Small-business lending marketplace Lendio has closed a $20.5 million funding round to grow its team and partnerships, the company announced on Tuesday...
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Alternative Finances
Big Banks And Loan Platforms’ Speed Wins Best SME Loan Customers
Successful small businesses want loans faster, and that means they’re turning to big banks and marketplace lending platforms instead of small banks,...
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1.4KNewsSmall Business Bank-Loan Applications Keep Dropping
Fewer small businesses are applying for commercial loans from banks, according to a monthly survey by American Banker. According to the survey...
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11.4KB2B PaymentsThe SMB Lending Outlook
SMB lending has been a wild ride over the last few years – and it is has been near impossible to get...
