Lines Of Credit news and trends

US Hospitals Seek Over $1B In Credit From Banks To Stay Afloat
Coronavirus // April 13, 2020

Hospitals across the U.S. have been busy sending banks requests for new lines of credit as they face thin revenue streams from having to eliminate all but the most essential services for the coronavirus outbreak, according to a Bloomberg report. The problem isn’t specific; both...

BBVA, Prosper Partner To Offer Easier Home Equity Loans
Loans // November 04, 2019

Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly less paperwork and waiting than traditional means, according to a release. BBVA USA, which has...

Lighter Capital Broadens AltFin Products For Startups
B2B Payments // June 06, 2019

Lighter Capital, an alternative lender targeting the startup community, is adding new financing products to its offering. In a press release issued on Wednesday (June 5), Lighter Capital said it will add lines of credit and term loans to its current offering of revenue-based financing....

CircleUp Adds Lines Of Credit To Equity Finance Platform
B2B Payments // July 27, 2017

CircleUp is adding a new way to invest in consumer packaged goods (CPG) brands. The crowdfunding platform — which originally launched to link businesses with accredited investors — will now begin lending directly to companies seeking funding, the firm said this week. This will be accomplished...

Quick Reads
US Hospitals Seek Over $1B In Credit From Banks To Stay Afloat

April 13, 2020
Hospitals across the U.S. have been busy sending banks requests for new lines of credit as they face thin revenue streams from having to eliminate all but the most essential services for the coronavirus outbreak, according to a Bloomberg report. The problem isn’t specific; both large hospitals in the middle of the worst parts of […]

BBVA, Prosper Partner To Offer Easier Home Equity Loans

November 04, 2019
Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly...

Revolut Hooks Up With Lending Works To Provide Lines Of Credit

March 15, 2017
Revolut, the FinTech startup, launched a new credit product for its U.K. users in which they can apply and get approval for a credit line within minutes. According to a...