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

Raisin Predicts Deposit Base Will Grow to $56 Billion
Raisin Predicts Deposit Base Will Grow to $56 Billion
July 17, 2023  |  Banking

German FinTech Raisin is reportedly banking on a shift among lenders to alternative funding sources. The savings and investment platform anticipates that deposits for which...

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Data and Better Loan Terms Help Credit Unions Win Millennial Business
Data and Better Loan Terms Help Credit Unions Win Millennial Business
July 17, 2023  |  Credit Unions

As inflation remains stubbornly in place and credit gets ever more expensive, credit unions may have a secret weapon. Scott Young, managing VP of Emerging...

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Small Businesses Ask Customers for Working Capital
Small Businesses Ask Customers for Working Capital
July 13, 2023  |  SMBs

For smaller businesses, the lending spigots are tightening — at least at traditional financial services providers, the big banks that now are cautious amid rocky...

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Visa’s Koenigsberg: Today’s Middle-Market Firms Give Rise to Tomorrow’s Enterprise Juggernauts
Visa’s Koenigsberg: Today’s Middle-Market Firms Give Rise to Tomorrow’s Enterprise Juggernauts
July 13, 2023  |  Loans

Today’s middle-market companies are tomorrow’s investment-grade companies. But as Alan Koenigsberg, senior vice president and global head of large, middle market, treasury and working capital solutions...

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CFPB Medical Debt Hearing Comes as Patients Tap Financing to Get the Care They Need 
CFPB Medical Debt Hearing Comes as Patients Tap Financing to Get the Care They Need 
July 10, 2023  |  Healthcare Financing

Medical debt and payments plans are increasingly scrutinized by the Consumer Financial Protection Bureau, the White House and regulators. But the data shows that consumers...

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Silicon Valley Bank Cautiously Restarts Lending Operations
Silicon Valley Bank Cautiously Restarts Lending Operations
July 05, 2023  |  Banking

Silicon Valley Bank (SVB) has reportedly — and carefully — reentered the startup/venture lending business. As The Wall Street Journal (WSJ) reported Wednesday (July 5), the bank —...

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Flipkart Expands Banking Plans With Personal Loans Program
Flipkart Expands Banking Plans With Personal Loans Program
July 05, 2023  |  Retail

Walmart’s Flipkart is reportedly entering the lending sector as it battles Amazon for India’s consumers. The eCommerce site has begun offering customers personal loans through...

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PortX and MeridianLink Team to Improve Digital Lending
PortX and MeridianLink Team to Improve Digital Lending
June 28, 2023  |  Partnerships

Financial infrastructure company PortX has teamed with MeridianLink to improve digital lending. PortX has integrated with MeridianLink, which powers digital lending and account opening for financial institutions (FIs), according to a...

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Gulp Data Secures Credit Facility for ‘Data as Collateral’ Loans
Gulp Data Secures Credit Facility for ‘Data as Collateral’ Loans
June 27, 2023  |  Loans

Gulp Data has secured a credit facility of up to $25 million to expand its commercial lending capacity. The firm will now offer businesses non-dilutive funding...

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