Sme Lending news and trends

PeopleFund Notches $11M In Series B Round

November 02, 2018
PeopleFund Notches $11M in Series B Round
PayMate CEO On India’s SME Lending Watershed Moment
South Asia // May 17, 2018

The SME segment in India has been a consistent bright spot and engine for growth over the last several years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

National Australia Bank Builds SME Lending Features
B2B Payments // August 01, 2017

With home loan growth expected to slow to 4 percent in 2018, National Australia Bank (NAB) wants to build its business elsewhere, namely in SME lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Small Business, Big Banking Not A Winning Combo, Survey Finds
B2B Payments // July 31, 2017

A new report from FIS finds small businesses continue to feel fed-up with their big banks, despite a rebound in large bank loan approval rates for SME borrowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Lawmaker Queries Alt-Lenders With Concerns Over ‘Trapped’ Small Biz Borrowers
B2B Payments // July 28, 2017

One U.S. lawmaker has begun to inquire about SMB alternative lending practices, according to JD Supra news reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Interviews & Exclusives
PayMate CEO On India’s SME Lending Watershed Moment

May 17, 2018
The SME segment in India has been a consistent bright spot and engine for growth over the last several years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]

Can Banks Turn SMBs’ Cash Flow Nightmares Into Dreams Of Success?

May 30, 2017
Small business optimism is hitting new peaks, and while SMBs say they’re planning for growth, they’re not necessarily willing to spend money to access capital — nor do they have the...

Why Banks Should Still Fear AltFin Competition

November 03, 2016
Will alternative lending platforms eat away at traditional banks’ market share? That’s been the question for the past few years, with many analysts agreeing that alternative finance won’t rise as...

Where SMEs Turn When Bank Loans Fall Out Of The Picture

October 13, 2016
Nearly half of Canada’s SMEs have applied for some form of financing in recent years. But despite its market size, SMEs are struggling to get the working capital they need....

Quick Reads
PeopleFund Notches $11M In Series B Round

November 02, 2018
In a Kakao Pay-led Series B round, peer-to-peer (P2P) lending platform PeopleFund took in $11 million in funding. The South Korean company, which was started in 2015, matches borrowers with investors in a marketplace for lending, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access […]

CAN Capital’s Risky Strategy

January 17, 2017
It was CAN Capital’s ambitious growth plans that led the alternative SME lender to eventually falter, according to a new report from The Wall Street Journal. Get the Full Story...

SMBs Lean On Friends And Family To Thrive, BofA Finds

November 16, 2016
Despite what Bank of America describes as a “challenging business environment,” SMBs are thriving, thanks in large part to friends and family. Get the Full Story Complete the form to unlock...

Online Lending’s New Problem? Loan Stacking

June 13, 2016
As the U.S. alternative lending industry continues to face a bumpy road — whether from struggling alt-finance players, corporate scandals or incoming regulation — reports are highlighting yet another hurdle headed...