Lending

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

PPP Round Two Aims To Clean Up Issues From Round One

PPP Round Two Aims To Clean Up Issues From Round One
PPP Round Two Aims To Clean Up Issues From Round One
January 19, 2021  |  Loans

The second round of federal funds to small businesses is already on its way out the door, with the Paycheck Protection Program (PPP) opening up...

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COVID-19 Scams Target The Business Community
COVID-19 Scams Target The Business Community
January 18, 2021  |  B2B Payments

With a second Paycheck Protection Program (PPP) on the way, small businesses have yet another chance to secure much-needed financial relief. But new concerns are...

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JPMorgan Provides $100 Million Financing Facility To Figure For Mortgage Lending
JPMorgan Provides $100 Million Financing Facility To Figure For Mortgage Lending
January 17, 2021  |  Loans

Figure Technologies, which works in blockchain-based finance tech transformations, has worked with J.P. Morgan and closed a $100 million financing facility to help with conforming...

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Google India Boots Loan Apps Breaking Safety Policies
Google India Boots Loan Apps Breaking Safety Policies
January 14, 2021  |  Google

After reviewing numerous complaints, Google India said it will remove any apps relating to personal lending that are found to be in violation of its...

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The Instant Payments Divide: How Lenders Can Use Disbursements To Create Lasting Trust
The Instant Payments Divide: How Lenders Can Use Disbursements To Create Lasting Trust
January 12, 2021  |  Disbursements

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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About 300 SMBs Received Less Than $99 In PPP
About 300 SMBs Received Less Than $99 In PPP
January 11, 2021  |  B2B Payments

While the Paycheck Protection Program (PPP) was supposed to be a lifeline for struggling small- to medium-sized businesses (SMBs) during the pandemic, some SMBs that...

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Porter Capital Offers New Funding Tools To PPP Recipients
Porter Capital Offers New Funding Tools To PPP Recipients
January 11, 2021  |  B2B Payments

Porter Capital, which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from...

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China Tightens Scrutiny Of Consumer Lending By Tech Giants
China Tightens Scrutiny Of Consumer Lending By Tech Giants
January 11, 2021  |  Bank Regulation

Ant Group, Tencent and JD.com are facing a crackdown by Beijing over concerns of over-lending to consumers through their platforms, a major cash cow for...

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