SME lending

Newly Available Data Finds UK Banks Slashing Small Biz Loans

Newly Available Data Finds UK Banks Slashing Small Biz Loans
Newly Available Data Finds UK Banks Slashing Small Biz Loans
July 01, 2016  |  B2B Payments

The spread of U.K. bank branch closures has forced financial institutions in the market to halve their small business lending operations over the last three...

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UK Challenger Bank Suffers Asset Finance Breach
UK Challenger Bank Suffers Asset Finance Breach
June 29, 2016  |  B2B Payments

A British bank revealed this week that it discovered a breach within its asset finance unit, and its CFO announced his resignation Tuesday (June 28)...

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How Small Biz Plans To Finance Their Growth
How Small Biz Plans To Finance Their Growth
June 28, 2016  |  B2B Payments

Small businesses have a multitude of options when they need external financing. There are the traditional routes, like small business bank loans, and then there...

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OnDeck Channels Accountants For SME Funding
OnDeck Channels Accountants For SME Funding
June 27, 2016  |  B2B Payments

As an alternative lender, OnDeck’s small business solutions target the cash flow needs of companies. But the firm’s newest service focuses on financial management for...

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Jet Harnesses Consumer Analysis Tech For Business Loan Applicants
Jet Harnesses Consumer Analysis Tech For Business Loan Applicants
June 27, 2016  |  B2B Payments

Financial services firm Jet Capital is focusing on speed. In an announcement by the company on Friday (June 24), Jet revealed upgrades to its software...

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Commerzbank Joins The Alt-Lending Competition
Commerzbank Joins The Alt-Lending Competition
June 22, 2016  |  B2B Payments

Germany’s Commerzbank is entering the marketplace lending space. The FI announced on Tuesday (June 21) that it will launch a peer-to-peer small business lending platform...

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EIB Enters Marketplace Lending With $147M Funding Circle Deal
EIB Enters Marketplace Lending With $147M Funding Circle Deal
June 21, 2016  |  B2B Payments

The European Investment Bank (EIB) has announced a £100 million investment for U.K. SMEs that will be lent through the Funding Circle platform following reports earlier this...

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RateSetter’s SME Lending Entrance Confirmed
RateSetter’s SME Lending Entrance Confirmed
June 14, 2016  |  B2B Payments

Reports that surfaced last month hinting at RateSetter‘s entrance into the corporate lending space appear to have been true. According to Financial Times, the U.K. peer-to-peer...

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