Working capital is the lifeblood of businesses of all sizes, and to those companies just starting, access to financing can mean the difference between stagnation or being able to grow. The lack of financing sources limits companies’ ability to undertake expansion plans and sometimes makes...
Main Street may be the soul of America, but its businesses find themselves increasingly embattled. That’s because small and medium-sized business (SMBs) looking for credit or working capital and other financing solutions are often underserved and ignored by traditional financial institutions (FIs). It is a...
Business interest in alternative financing solutions is rising almost as fast as interest rates are. That’s because with continually fluctuating economic conditions and ongoing operational uncertainty, businesses are seeking innovative approaches to navigate these macro challenges. One solution that has been gaining traction in the...
Payment service provider Mollie is launching a capital division to make it easier for small and medium-sized businesses (SMBs) to gain broader access to fast and flexible funding. Mollie Capital is a fully integrated business financing service that provides cash advances of up to €250,000...
September 01, 2023
Main Street may be the soul of America, but its businesses find themselves increasingly embattled. That’s because small and medium-sized business (SMBs) looking for credit or working capital and other financing solutions are often underserved and ignored by traditional financial institutions (FIs). It is a damning double-edged sword: The worse the economic situation, the more […]
July 18, 2023
Business interest in alternative financing solutions is rising almost as fast as interest rates are. That’s because with continually fluctuating economic conditions and ongoing operational uncertainty, businesses are seeking innovative...
February 27, 2020
It’s no accident that technology companies that have historically not operated in the financial services space are expanding into the small business lending arena. With more SMBs embracing digitization, the...
May 09, 2018
Exactly two weeks ago today (April 25), LendingClub‘s stock hit an all-time low with the announcement of an FTC-backed lawsuit alleging that it loading up its borrowers with hidden fees...
September 27, 2022
Payment service provider Mollie is launching a capital division to make it easier for small and medium-sized businesses (SMBs) to gain broader access to fast and flexible funding. Mollie Capital is a fully integrated business financing service that provides cash advances of up to €250,000 ($240,500) to eligible SMB customers, with approval based on a […]
August 21, 2022
While Cross River Bank had been doing massive amounts of work helping small businesses get Paycheck Protection Program (PPP) loans at the beginning of the pandemic, there are concerns about...
August 14, 2022
Affirm Holdings has seen its stock down 77% since a November high, but founder Max Levchin is confident that his company will be able to underwrite more customers than any...
August 07, 2022
U.K. financial regulators haven’t tackled risks adequately, ex-Bank of England governor Paul Tucker says, and now they should construct a “comprehensive” new policy. Tucker said the BoE had been working...
