loans

SMB Loan Underwriting Prepares For Turbulent Times
SMB Loan Underwriting Prepares For Turbulent Times
March 23, 2020  |  B2B Payments

After a long period of pulling back, lenders are finally beginning to find value in financing small- and medium-sized businesses (SMBs). Get the Full Story...

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HSBC, Alibaba Link Up On Quick eCommerce Loans
HSBC, Alibaba Link Up On Quick eCommerce Loans
March 20, 2020  |  Loans

Banking giant HSBC and Cainiao Network Technology, which is a logistics arm of Alibaba Group, have announced they will offer rapid finance approvals to online...

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UK Treasurers Call For Accelerated Corporate Lending
UK Treasurers Call For Accelerated Corporate Lending
March 19, 2020  |  B2B Payments

The acceleration of economic effects of the coronavirus has Britain’s Association of Corporate Treasurers (ACT) asking the banks to speed up the flow of credits...

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US Regulators To Reward Banks For Low-Income Lending
US Regulators To Reward Banks For Low-Income Lending
March 19, 2020  |  Loans

Banking regulators on Thursday (March 19) said they are going to give banks credit for letting lower-income Americans borrow money during the coronavirus pandemic, according...

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Most UK Retailers Too Small To Get Bailout Loans, Group Says
Most UK Retailers Too Small To Get Bailout Loans, Group Says
March 19, 2020  |  Loans

The Bank of England (BoE) is excluding many businesses from its short-term loans for coronavirus-related relief, critics say, by including restrictions based on credit ratings...

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iwoca Debuts OpenLending Platform For Banks, FinTechs
iwoca Debuts OpenLending Platform For Banks, FinTechs
March 18, 2020  |  B2B Payments

One of the largest business lenders in Europe, iwoca, has announced a new platform called OpenLending that can bring together both FinTechs and banks and...

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Afterpay Fined By CA Regulator For Unlicensed Loans
Afterpay Fined By CA Regulator For Unlicensed Loans
March 17, 2020  |  Buy Now Pay Later

Australian startup Afterpay is settling with the California Department of Business Oversight (DBO) over allegations that the buy now, pay later (BNPL) firm was offering...

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Big Firms Draw Down Billion Dollar Credit Lines
Big Firms Draw Down Billion Dollar Credit Lines
March 17, 2020  |  Economy

In the world of credit, in the scramble to shore up at least some financial stability by filling corporate coffers for the deluge of rainy...

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House Chairwoman Tells FDIC To Halt ILC Charters
House Chairwoman Tells FDIC To Halt ILC Charters
March 15, 2020  |  Loans

Congresswoman Maxine Waters, chairwoman of the House Committee on Financial Services, wants to stop any new Industrial Loan Company (ILC) charters until further notice, citing...

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