Lending

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

Billions Lent For Main Street SMBs – But Cash Flow Crunch Is Stubborn
Billions Lent For Main Street SMBs – But Cash Flow Crunch Is Stubborn
September 09, 2020  |  Loans

Billions of dollars in dry powder for Main Street SMB lending – and relatively few takers. Get the Full Story Complete the form to unlock...

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Razorpay Introduces Cash Advance To Provide Instant SMB Loans
Razorpay Introduces Cash Advance To Provide Instant SMB Loans
September 08, 2020  |  B2B Payments

India-based financial solutions company Razorpay is rolling out a new solution for companies in need of business loans, helping them to instantly access capital, according...

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UK FinTech MarketFinance Nets $65.8M To Extend SMB Loans
UK FinTech MarketFinance Nets $65.8M To Extend SMB Loans
September 08, 2020  |  International

MarketFinance, a FinTech business lender, has secured a £50 million ($65.8 million) loan investment from Viola Credit, the Israeli asset manager, to go toward lending...

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Blend CEO: Why Mortgage Lending Needs More Data, Not More Documents
Blend CEO: Why Mortgage Lending Needs More Data, Not More Documents
August 31, 2020  |  Real Estate

The great digital shift might upend the way we get mortgages, transforming a $2.1 trillion industry weighed down by time-consuming processes to one that is...

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CheckAlt, NXTsoft Partner To Boost Real-Time Integrations
CheckAlt, NXTsoft Partner To Boost Real-Time Integrations
August 30, 2020  |  B2B Payments

CheckAlt, which provides treasury management and item processing, is partnering with OmniConnect, NXTsoft‘s secure connectivity solution, to allow for faster real-time integrations, a press release...

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Bank Deposits, Fees Up As Companies, Consumers Hoard Cash
Bank Deposits, Fees Up As Companies, Consumers Hoard Cash
August 30, 2020  |  Banking

With profits and margins at all-time lows, the U.S. banking system is in flux as customer deposits surge and make the safety net for failures...

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SBA Eyes Fees Paid To Rocket Loans, Contractor In Loan Program
SBA Eyes Fees Paid To Rocket Loans, Contractor In Loan Program
August 30, 2020  |  Loans

The U.S. government’s Economic Injury Disaster Loan (EIDL) program, plagued by delays and fraud, has created attention for a firm that netted around $800 million...

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Deep Dive: Why Microbusinesses Could Be The Next Innovation Frontier For Credit Unions
Deep Dive: Why Microbusinesses Could Be The Next Innovation Frontier For Credit Unions
August 28, 2020  |  Credit Unions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Australian Bank Debuts BizExpress To Speed Up SMB Financing
Australian Bank Debuts BizExpress To Speed Up SMB Financing
August 27, 2020  |  B2B Payments

Commonwealth Bank of Australia (CBA) has introduced a new digital service that expedites the distribution of pandemic-related loans, allowing small- to medium-sized businesses (SMBs) to...

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