Forward Financing has increased its existing $250 million credit facility to $450 million to support continued growth of its revenue-based financing for small businesses across the United States. “This significant expansion of our credit facility is an exciting step towards continued growth and our ability...
Appletree Digital Commerce, an eCommerce company, has debuted the Taking One Million African Traders Online Movement (TOMATO) initiative, to help out with African youths with fewer opportunities, a press release says. Nigel Daura, Managing Director of Appletree Digital Commerce, said the company had seen some...
Affordable housing in many American cities has reached crisis levels. For those looking for officially government-certified affordable housing, the average time on the waiting list is two years, though in some U.S. metros that time can extend to a decade and beyond. And that is...
As we learned last week, purchase financing for Walmart customers is changing. In fact, the change has already begun and will continue to roll out over the next several weeks. Going forward on both Walmart’s website and at nearly all of Walmart’s physical locations nationwide, customers will be...
October 02, 2024
Embedded lending’s usage around the globe has been growing — but as we enter new cycles of technology and seamless interactions, we’ll see more consumers and businesses turn to a growing set of use cases where they get the financing they need to get the things they want. That was one of the insights from […]
March 04, 2019
As we learned last week, purchase financing for Walmart customers is changing. In fact, the change has already begun and will continue to roll out over the next several weeks. Going...
December 21, 2018
The conversation about credit in the U.S. has become one of extremes. There is a growing chorus of voices that eschew credit as a “dangerous trap” that lures consumers into...
August 06, 2018
Ironically, as the global economy has gotten stronger, payment cycles between buyers and suppliers have gotten longer. What was once an average of about 45 days from invoice to payment has increased...
September 19, 2024
Forward Financing has increased its existing $250 million credit facility to $450 million to support continued growth of its revenue-based financing for small businesses across the United States. “This significant expansion of our credit facility is an exciting step towards continued growth and our ability to fund more small businesses across the country,” Christopher Chiou, […]
April 10, 2017
As an alternative to Federal Plus and private student loans, more students are looking to income share agreements as a way to fund higher education. In an income share agreement,...
June 03, 2016
Alongside any story on retail in China comes a prefunctory statement on the rising spending power of the country’s nascent middle class. However, even if those consumers can’t seem to...
April 27, 2016
France-based Lendix has secured a $13.5 million investment in its Series B funding round, led by CNP Assurances, it announced Tuesday (April 26). The company said its new capital will...
