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

UK’s FCA to Investigate Demands for Personal Guarantees on Business Loans
UK’s FCA to Investigate Demands for Personal Guarantees on Business Loans
March 05, 2024  |  Regulation

The United Kingdom’s Financial Conduct Authority will investigate the use of personal guarantees by lenders for small business loans. The investigation was sparked by a “super complaint”...

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Nova Credit Launches Alternative Credit Data Platform for Lenders
Nova Credit Launches Alternative Credit Data Platform for Lenders
March 04, 2024  |  Consumer Finance

Nova Credit has introduced its Nova Credit Platform, which is aimed at transforming how lenders manage and analyze consumer credit data.  This new platform provides a means...

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ChargeAfter Debuts Embedded Lending Hub for Banks
ChargeAfter Debuts Embedded Lending Hub for Banks
March 04, 2024  |  Loans

Point-of-sale financing firm ChargeAfter has debuted an embedded lending platform for banks. The Lending Hub, announced Monday (Mar. 4), is designed to let banks and financial institutions...

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Beforepay Debuts AI-Powered B2B Lending Tool
Beforepay Debuts AI-Powered B2B Lending Tool
March 04, 2024  |  B2B Payments

Australian FinTech Beforepay has launched a commercial version of its risk management and lending platform. Dubbed Carrington Labs, the new offering gives enterprise clients access to the...

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SBA Launches Enhanced Lender Match Tool for Small Businesses
SBA Launches Enhanced Lender Match Tool for Small Businesses
March 04, 2024  |  Loans

The U.S. Small Business Administration (SBA) has launched an enhanced version of its Lender Match tool that connects small business owners with SBA-approved lenders. The...

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Epic River Intros Credit Union Lending Platform for Healthcare Providers
Epic River Intros Credit Union Lending Platform for Healthcare Providers
March 04, 2024  |  Healthcare

Epic River has unveiled a specialized digital lending platform designed to bridge the gap between financial institutions and healthcare services. This solution aims to transform...

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Point-of-Care Payment Options Expand Access to Dental Care for Patients
Point-of-Care Payment Options Expand Access to Dental Care for Patients
March 04, 2024  |  Healthcare Financing

Dental services represent a $155 billion market that is projected to grow to $254 billion by 2032. Against that backdrop, it’s critical, especially in an...

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Auto Loans Go Green to Boost Electric Vehicle Adoption
Auto Loans Go Green to Boost Electric Vehicle Adoption
March 01, 2024  |  Loans

Following a record-breaking 2022, marked by the sale of over 10 million electric cars worldwide, the electric vehicle market has hit a speed bump in the United States,...

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Carvana Revises Lending Rules Amid Industry-Wide Rise in Delinquencies
Carvana Revises Lending Rules Amid Industry-Wide Rise in Delinquencies
March 01, 2024  |  Loans

Online car retailer Carvana is tightening its lending standards in response to higher delinquency rates. The company is requiring higher down payments from customers and...

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