The Great Recession had a crippling effect on credit markets across the board. Consumers, enterprise-sized businesses and small businesses (SMBs) all found themselves caught in the squeeze of a wide-ranging credit crunch. Ten years out, consumers and big businesses experience the credit crunch as a...
Small business owners shouldn’t have to waste their time chasing loans. They have enough to think about without spending hours applying for credit, let alone waiting for funds to come through. That’s why JPMorgan Chase and OnDeck are extending their contract to continue collaborating on Chase...
Kabbage Inc., a financial services, technology and data platform serving small businesses globally, has announced the agreement on a $250-million equity investment from a subsidiary of SoftBank Group Corp. . According to a press release, the investment is the largest equity raise in the online small...
Singapore sovereign fund GIC recently led a $220 million funding round for Chinese alternative lending platform Dianrong as the company looks to focus on research and development in China. The funding may mean the platform is eyeing potential expansion throughout the continent, news reports said...
August 11, 2017
The Great Recession had a crippling effect on credit markets across the board. Consumers, enterprise-sized businesses and small businesses (SMBs) all found themselves caught in the squeeze of a wide-ranging credit crunch. Ten years out, consumers and big businesses experience the credit crunch as a memory, but for SMBs, particularly startups, the credit crunch is […]
July 11, 2017
There’s nothing like that new car smell. And the fun of driving a new car off the dealer’s parking lot. But the process of getting there is anything but fun, especially...
July 06, 2017
Online and alternative lending is satiating consumers’ need for speed when it comes to accessing finance. But, while an online loan decision may be near-instant, borrowers may still have to...
June 13, 2017
SMB online lending marketplace Lendio and Comcast announced a collaboration on a pilot program that will give Comcast Business customers easier access to Lendio’s marketplace and network of more than...
August 08, 2017
Small business owners shouldn’t have to waste their time chasing loans. They have enough to think about without spending hours applying for credit, let alone waiting for funds to come through. That’s why JPMorgan Chase and OnDeck are extending their contract to continue collaborating on Chase Business Quick Capital, their digital banking small business lending product, […]
August 04, 2017
Kabbage Inc., a financial services, technology and data platform serving small businesses globally, has announced the agreement on a $250-million equity investment from a subsidiary of SoftBank Group Corp. . According...
August 03, 2017
FinTech startup Bread, which offers consumer financing on large online purchases, has raised $126 million in a Series B venture capital (VC) funding round. Forbes reported news that Bread is...
July 31, 2017
Daimler Financial Services, the banking and finance unit of German car maker Daimler, is on track for another record year thanks to new 2017 leasing and financing contracts for loans....
