Small business lending

iwoca Surpasses Santander, HSBC In Small Biz Loan Volume
iwoca Surpasses Santander, HSBC In Small Biz Loan Volume
April 26, 2019  |  B2B Payments

U.K. alternative lender iwoca’s growth could signal ramped up competition between banks and FinTechs, according to new data. Reports in Forbes on Thursday (April 25)...

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SMB Satisfaction With Alt Lenders Wanes
SMB Satisfaction With Alt Lenders Wanes
April 22, 2019  |  Loans

Might banks be making inroads into the hearts and minds of smaller firms as they seek out capital – as some SMBs cite at least some...

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Lenderfit Launches SMB Lending Tech In Beta
Lenderfit Launches SMB Lending Tech In Beta
April 19, 2019  |  B2B Payments

Small business lending technology company Lenderfit has rolled out its services in beta, connecting financial institutions to solutions to facilitate small business lending. Reports in...

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India Alt Lenders Want Relaxed Restrictions
India Alt Lenders Want Relaxed Restrictions
April 19, 2019  |  B2B Payments

India’s alternative finance community is calling on the Reserve Bank of India (RBI) to relax regulations on the market, particularly as they pertain to lending...

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SME Lender Axsesstoday Announces Voluntary Administration
SME Lender Axsesstoday Announces Voluntary Administration
April 15, 2019  |  B2B Payments

Australian SME lender Axsesstoday has announced it is entering voluntary administration. The company made the decision after its senior lenders informed Axsesstoday that they could...

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Kabbage Raises $700M For SMB Lending
Kabbage Raises $700M For SMB Lending
April 08, 2019  |  Investments

Kabbage, the global financial services company for small businesses, announced Monday (April 8) it has closed the largest asset-backed securitization (ABS) by a small business online...

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OnDeck Launches Same Day ACH Service For SMB Borrowers
OnDeck Launches Same Day ACH Service For SMB Borrowers
April 05, 2019  |  B2B Payments

Small business lending platform OnDeck is accelerating access to capital for its users through the launch of a same-day funding option. In an announcement on...

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Funding Circle Decides To Close Troubled SME Income Fund
Funding Circle Decides To Close Troubled SME Income Fund
April 05, 2019  |  B2B Payments

After months of strategy adjustments, loan defaults and shifts in market exposure, Funding Circle’s SME Income Fund is set to close, sending shares down for...

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OnDeck Completes Evolocity Merger In Canada
OnDeck Completes Evolocity Merger In Canada
April 03, 2019  |  B2B Payments

OnDeck has closed the merger between its Canadian operations and small business lender Evolocity Financial Group, also based in Canada. The company announced in a...

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