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

US CFOs Consider How To Use Cash Reserves
US CFOs Consider How To Use Cash Reserves
January 20, 2021  |  B2B Payments

U.S. finance chiefs aren’t sure what to do with the massive borrowed cash piles they’ve accumulated for pandemic relief, the Financial Times (FT) reported. The...

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European Banks Lend Less, Fearing Bad Loans During Pandemic
European Banks Lend Less, Fearing Bad Loans During Pandemic
January 19, 2021  |  Economy

Euro area banks have scaled back lending in order to shield against risk, a new European Central Bank (ECB) survey says. The banks’ continued reticence...

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PPP Round Two Aims To Clean Up Issues From Round One
PPP Round Two Aims To Clean Up Issues From Round One
January 19, 2021  |  Loans

The second round of federal funds to small businesses is already on its way out the door, with the Paycheck Protection Program (PPP) opening up...

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COVID-19 Scams Target The Business Community
COVID-19 Scams Target The Business Community
January 18, 2021  |  B2B Payments

With a second Paycheck Protection Program (PPP) on the way, small businesses have yet another chance to secure much-needed financial relief. But new concerns are...

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JPMorgan Provides $100 Million Financing Facility To Figure For Mortgage Lending
JPMorgan Provides $100 Million Financing Facility To Figure For Mortgage Lending
January 17, 2021  |  Loans

Figure Technologies, which works in blockchain-based finance tech transformations, has worked with J.P. Morgan and closed a $100 million financing facility to help with conforming...

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Google India Boots Loan Apps Breaking Safety Policies
Google India Boots Loan Apps Breaking Safety Policies
January 14, 2021  |  Google

After reviewing numerous complaints, Google India said it will remove any apps relating to personal lending that are found to be in violation of its...

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The Instant Payments Divide: How Lenders Can Use Disbursements To Create Lasting Trust
The Instant Payments Divide: How Lenders Can Use Disbursements To Create Lasting Trust
January 12, 2021  |  Disbursements

The lending industry was hit hard during the pandemic’s early months, with many banks and traditional lenders rapidly adjusting their standards and rates to accommodate...

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About 300 SMBs Received Less Than $99 In PPP
About 300 SMBs Received Less Than $99 In PPP
January 11, 2021  |  B2B Payments

While the Paycheck Protection Program (PPP) was supposed to be a lifeline for struggling small- to medium-sized businesses (SMBs) during the pandemic, some SMBs that...

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Porter Capital Offers New Funding Tools To PPP Recipients
Porter Capital Offers New Funding Tools To PPP Recipients
January 11, 2021  |  B2B Payments

Porter Capital, which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from...

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