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

Small Businesses Struggle as Banks Tighten Lending
Small Businesses Struggle as Banks Tighten Lending
June 01, 2023  |  Loans

Smaller businesses have begun cutting back as banks impose tougher lending standards. As The Wall Street Journal (WSJ) notes in a Thursday (June 1) report...

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Why Lenders Should Stop Asking Small Businesses for 36 Months of Bank Statements
Why Lenders Should Stop Asking Small Businesses for 36 Months of Bank Statements
June 01, 2023  |  SMBs

Small businesses are the backbone of the economy, providing jobs and driving innovation. Hicham Oudghiri, CEO of Enigma Technologies, told Karen Webster, with a nod...

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Wells Fargo Reportedly Working with Borrowers as Office Sector Struggles
Wells Fargo Reportedly Working with Borrowers as Office Sector Struggles
May 31, 2023  |  Banking

Wells Fargo reportedly expects to see losses from real estate loans. CEO Charlie Scharf said Wednesday (May 31) at an event that there are significant risks in the...

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Meet the High Earners Who Can’t Get Credit
Meet the High Earners Who Can’t Get Credit
May 30, 2023  |  Consumer Finance

Access to credit may be the key factor determining whether consumer spending will continue to be resilient. Or not. As detailed in the report “How...

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Data Offers Lenders New Tools to Serve Underserved Consumers
Data Offers Lenders New Tools to Serve Underserved Consumers
May 26, 2023  |  Loans

Inflation is raging and credit card debt is at record levels. Merchants who want to help convince consumers at the point of sale to commit...

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Embedded Finance Brings Checkout Innovation to European B2B Merchants
Embedded Finance Brings Checkout Innovation to European B2B Merchants
May 25, 2023  |  Innovation

Despite increasing innovation in the B2B space, continued reliance on manual processes and the resulting slow pace and high operating costs associated with managing receivables...

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Credit Scarce for Brick & Mortar, but Not Online Small Businesses
Credit Scarce for Brick & Mortar, but Not Online Small Businesses
May 23, 2023  |  SMBs

The old adage is that the best time to get credit … is when you don’t need credit.  That’s because when a firm’s coffers are...

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PYMNTS Intelligence: The Best Lending Product Wins in Retention and Enrollment
PYMNTS Intelligence: The Best Lending Product Wins in Retention and Enrollment
May 22, 2023  |  Credit Unions

Credit unions know they need to be digitally savvy, but having the most user-friendly mobile app is not enough to catch and keep consumer attention....

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Economic Downturns Showcase CU Lending Advantages
Economic Downturns Showcase CU Lending Advantages
May 19, 2023  |  Credit Unions

University of Illinois Community Credit Union’s Kate Rogers says that favorable lending rates on everything from car loans to mortgages and a reputation for helping...

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