business loans

Battle Over CFPB Small Business Data Collection Continues After Senate Vote
Battle Over CFPB Small Business Data Collection Continues After Senate Vote
October 22, 2023  |  Regulation

The battle over the Consumer Financial Protection Bureau’s (CFPB) efforts around small business data collection continues following a Senate vote to reverse that rule. The Senate...

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Business Lender iwoca Raises $243 Million to Fund Small Businesses
Business Lender iwoca Raises $243 Million to Fund Small Businesses
October 16, 2023  |  SMBs

European small business lender iwoca says it has raised $243 million in new funding.  The financing, announced late Monday (Oct. 16), follows the $152 million the London-based...

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kennek Raises $12.5 Million for B2B Lending Platform 
kennek Raises $12.5 Million for B2B Lending Platform 
October 10, 2023  |  Investments

London-based FinTech kennek has raised $12.5 million in a seed funding round to grow its operating system for lenders serving the private debt market.  The firm will...

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Finance Sector Small Businesses Report Above-Average Closure Risks Due to Funding Constraints
Finance Sector Small Businesses Report Above-Average Closure Risks Due to Funding Constraints
October 05, 2023  |  SMBs

Access to business financing remains a significant challenge for small- to medium-sized businesses (SMBs), with many finding it increasingly difficult to secure traditional funding from...

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Small Businesses Look for New Options as Traditional Funding Shrinks
Small Businesses Look for New Options as Traditional Funding Shrinks
October 05, 2023  |  SMBs

Smaller firms feel the credit crunch — and are likely to pivot to new avenues of financing. PYMNTS Intelligence shows that six in 10 smaller...

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Wells Fargo, Centerbridge Collaborate to Provide Loans for Middle Market Firms
Wells Fargo, Centerbridge Collaborate to Provide Loans for Middle Market Firms
September 26, 2023  |  B2B Payments

Wells Fargo and Centerbridge Partners have announced a partnership to provide direct lending solutions to non-sponsor North American middle-market companies. This partnership will be facilitated through the...

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Data Has Become the Fuel for Small Business Financial Stability
Data Has Become the Fuel for Small Business Financial Stability
September 01, 2023  |  SMBs

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...

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Uplinq, Visa Team to Help Small Businesses Access Funding
Uplinq, Visa Team to Help Small Businesses Access Funding
August 30, 2023  |  SMBs

Credit decisioning platform Uplinq has teamed with Visa to help small businesses access credit. The collaboration, announced Wednesday (Aug. 30), is designed to help lenders reduce risk while also giving American...

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Qarar and Biz2X Collaborate to Bridge SMB Financing Gap in Saudi Arabia
Qarar and Biz2X Collaborate to Bridge SMB Financing Gap in Saudi Arabia
August 29, 2023  |  SMBs

Qarar, a leading data analytics and credit decisioning company in the Middle East, has partnered with Biz2X, a global FinTech technology and financing provider, to launch...

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