Small Business Administration (SBA) loans have found a new avenue through which they can reach small businesses. A press release issued on Wednesday (Feb. 13) said that alternative lender Fountainhead Commercial Capital can now offer SBA loans through its platform after securing a Small Business...
Two Singapore-based FinTechs are combining their services to create a unified supply chain financing tool. Reports in Vulcan Post on Thursday (Nov. 8) said that eProcurement platform SESAMi and alternative and invoice financing firm Capital Match are merging their companies to roll out a “fully...
U.K. regulators say late payments are jeopardizing the nation’s small- and medium-sized business community. Even with government intervention measures to help curb the practice, some small businesses say things are only getting worse. Data from Crossflow Payments published last month found one-tenth of small businesses...
Startup DueCourse announced an $8.14 million seed funding round in support of its cloud-based invoice financing solution for SMEs, reports said on Monday (Sept. 19). Rocket Internet venture unit GFC, Zoopla Founder and CEO Alex Chesterman and Lovefilm Cofounder Simon Franks provided the funding, which is...
March 05, 2015
Experts had been eyeing the decline of the major financial institution in the Czech Republic for some time. According to reports, the trend first emerged about five years ago, when a new breed of low-cost banks emerged relying on Internet traffic instead of brick-and-mortar locations. Now, a new challenge to the nation’s big banks has […]
