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

Younited Teams With Tink to Expand Instant Credit Offering
Younited Teams With Tink to Expand Instant Credit Offering
April 26, 2023  |  Partnerships

Younited is working with open banking platform Tink to expand instant credit in Europe. The partnership, announced Wednesday (April 26), uses Tink’s data integration and...

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UK’s Small Businesses Use Purchase Order Financing to Cover Big Ticket Expenses
UK’s Small Businesses Use Purchase Order Financing to Cover Big Ticket Expenses
April 26, 2023  |  Alternative Credit

Small and medium-sized businesses (SMBs) have not had a moment’s rest in the last few years. After enduring a crippling pandemic, they are now navigating...

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Businesses Start to Feel Credit Pinch
Businesses Start to Feel Credit Pinch
April 21, 2023  |  Loans

Businesses are reportedly finding it increasingly difficult to access credit. The trend could lead companies to reduce their investments and slow their growth, Bloomberg reported...

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Truist and Other Regional Lenders Haven’t Shaken SVB Fallout Effect
Truist and Other Regional Lenders Haven’t Shaken SVB Fallout Effect
April 20, 2023  |  Earnings

The collapse of Silicon Valley Bank (SVB) disproportionately affected regional banks, as its over-the-weekend failure last month spurred a deposit flight to the presumed safety of “too big to...

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Open Banking Helps Fast Track AI-Driven Lending, Says Nucleus Finance CEO
Open Banking Helps Fast Track AI-Driven Lending, Says Nucleus Finance CEO
April 18, 2023  |  Artificial Intelligence

When it comes to artificial intelligence (AI)-driven credit decision-making, Chirag Shah, founder and CEO at U.K. FinTech lender Nucleus Commercial Finance, is of the view...

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Yellen Warns Banks Could Pull Back on Lending
Yellen Warns Banks Could Pull Back on Lending
April 16, 2023  |  Banking

America’s treasury secretary is warning of a tougher lending environment following two recent bank failures. In a Sunday (April 16) CNN interview, Janet Yellen said...

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SBA Lifting Moratorium on Licensing New Small Business Lending Companies
SBA Lifting Moratorium on Licensing New Small Business Lending Companies
April 14, 2023  |  Digital Banking

Non-federally chartered banks will soon be able to make Small Business Administration (SBA) loans. Effective May 12, the agency is lifting the moratorium on licensing...

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PYMNTS Intelligence: Partnering to Power Growth With Instant Loan Disbursements
PYMNTS Intelligence: Partnering to Power Growth With Instant Loan Disbursements
April 13, 2023  |  Loans

Instant disbursements adoption set records in 2022 and is anticipated to continue increasing in the near term. The only disbursements that consumers were significantly less...

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Banks’ Lending Squeeze May Hit Small Businesses Hardest
Banks’ Lending Squeeze May Hit Small Businesses Hardest
April 12, 2023  |  Loans

Driven by interest rates that, at least for the near future, the Fed hints will continue to rise, banks have reported the market value of issued...

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