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

Less Than 2 Percent Of UK SMBs Sought A Loan Last Year
Less Than 2 Percent Of UK SMBs Sought A Loan Last Year
February 21, 2018  |  B2B Payments

Lending to small businesses (SMBs) among top U.K. banks failed to grow last year, according to new data from the British Business Bank, which found...

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What The Climbing Debt Defaults Really Mean For The Economy
What The Climbing Debt Defaults Really Mean For The Economy
February 20, 2018  |  Alternative Finances

By many measures, the economy looks strong. The stock market — despite a fairly steepWh correction a week ago — is still well ahead of where...

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Use Of AltFin Climbs For Small Business Borrowers
Use Of AltFin Climbs For Small Business Borrowers
February 20, 2018  |  B2B Payments

Traditional bank loans still reign as the top financing target for small business (SMB) borrowers, but a new report suggests alternative lenders are gaining traction....

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Economic Recovery Not A Silver Bullet For SMB Growth, C2FO Finds
Economic Recovery Not A Silver Bullet For SMB Growth, C2FO Finds
February 19, 2018  |  B2B Payments

The latest report by alternative lender C2FO finds that economic recovery doesn’t necessarily negate every problem for small business (SMB) owners. The company recently published...

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BofA Community Development Banking Has Record 2017
BofA Community Development Banking Has Record 2017
February 16, 2018  |  Banking

Bank of America Merrill Lynch’s Community Development Banking (CDB) announced news on Thursday (Feb. 15) that 2017 was a record year for the firm. The...

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Big Banks Continue SMB Lending Uptick, Biz2Credit Finds
Big Banks Continue SMB Lending Uptick, Biz2Credit Finds
February 08, 2018  |  B2B Payments

Small business hiring may have petered out in January, but lending to SMBs certainly didn’t. The latest Biz2Credit Small Business Lending Index found SMB lending...

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Equifax Gives Lenders Access To SMB Data
Equifax Gives Lenders Access To SMB Data
February 06, 2018  |  B2B Payments

Soon after news emerged that the Consumer Financial Protection Bureau (CFPB) would be pulling back its investigation into Equifax Inc. and the data breach that...

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LendingClub: Getting Borrowers Off The Credit Hamster Wheel
LendingClub: Getting Borrowers Off The Credit Hamster Wheel
February 05, 2018  |  Banking

Another day, another customer trudging into the bank to discuss credit card debt and a lack of savings … over a venti Starbucks latté. It...

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i2C Partners With Payfare To Pay Gig Workers
i2C Partners With Payfare To Pay Gig Workers
January 30, 2018  |  Partnerships / Acquisitions

Global payments company i2c announced news on Tuesday (Jan. 30) that it inked a deal with Payfare, a provider of mobile banking and micro-lending, in which...

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