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

Nearly Half of Main Street SMBs Shopping for More Credit
Nearly Half of Main Street SMBs Shopping for More Credit
June 27, 2023  |  SMBs

Main Street small to mid-sized businesses (SMBs) that have struggled to keep their doors open amid pandemic-related upheaval and survived are looking to solidify their...

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Onramp Integrates eCommerce Lending Platform With Walmart Marketplace
Onramp Integrates eCommerce Lending Platform With Walmart Marketplace
June 26, 2023  |  eCommerce

Onramp is now offering financing solutions to eCommerce sellers on Walmart Marketplace. The eCommerce lending platform’s integration with the marketplace enables it to offer growth...

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Pathward and Propel Partner to Provide Credit to Underserved Consumers
Pathward and Propel Partner to Provide Credit to Underserved Consumers
June 20, 2023  |  Partnerships

Pathward is adding a new line of credit for consumers who have limited access to credit. The national bank has partnered with Propel, a FinTech that will service the...

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Froda Launches Embedded Lending Solution for Small Businesses in Denmark
Froda Launches Embedded Lending Solution for Small Businesses in Denmark
June 20, 2023  |  SMBs

Swedish FinTech Froda has launched a card-based embedded lending solution in Denmark. Developed in partnership with digital challenger bank Lunar and Visa, this offering was successfully tested in Denmark during the spring...

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Amazon Teams With YouLend Amid Tough Borrowing Environment
Amazon Teams With YouLend Amid Tough Borrowing Environment
June 20, 2023  |  Amazon

Amazon has teamed with YouLend to help small businesses in the U.K. gain financing in a tough lending environment. The partnership between the retail giant and embedded...

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SVB UK New Owner: We’re Still in the Startup Business
SVB UK New Owner: We’re Still in the Startup Business
June 07, 2023  |  Banking

Silicon Valley Bank (SVB) UK’s new owner says the lender hasn’t lost its pro-startup philosophy. The bank, now owned by British banking giant HSBC, will...

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IMF Director Says Fed ‘Will Have to Stay the Course’
IMF Director Says Fed ‘Will Have to Stay the Course’
June 05, 2023  |  Economy

An International Monetary Fund (IMF) director said the Federal Reserve may need to do more to slow lending. IMF Managing Director Kristalina Georgieva told CNBC...

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Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
June 02, 2023  |  Debt

Credit card use is up, and card balances are increasing. It may be the more vulnerable borrowers among us signaling that distress could lie ahead...

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Momnt and Roofle Team to Finance Roofing Projects
Momnt and Roofle Team to Finance Roofing Projects
June 01, 2023  |  Partnerships

Embedded lending software firm Momnt has launched a financing partnership with online roofing company Roofle. The collaboration centers around Contractor Loan PRO, a financing solution for roofing contractors, the...

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