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

Credit Unions Help Microbusinesses Go Digital To Stay Afloat
Credit Unions Help Microbusinesses Go Digital To Stay Afloat
August 26, 2020  |  Credit Unions

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Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance
Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance
August 25, 2020  |  Loans

Mortgage lenders, seeking to keep losses low, are asking homebuyers if they plan to seek forbearance due to the current economic crisis, The Wall Street...

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Xero To Buy SMB Financing Platform Waddle For Up To $57.5M
Xero To Buy SMB Financing Platform Waddle For Up To $57.5M
August 25, 2020  |  B2B Payments

As it aims to expand its small business platform, accounting software provider Xero plans to acquire cloud-based lending company Waddle through an arrangement valued as...

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Deep Dive: How FinTechs Harness Machine Learning To Approve SMB Loans More Quickly And Safely
Deep Dive: How FinTechs Harness Machine Learning To Approve SMB Loans More Quickly And Safely
August 20, 2020  |  Payments Powering the Platform Economy

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The Time Store On The Challenges Involved In Digital SMB Financing
The Time Store On The Challenges Involved In Digital SMB Financing
August 19, 2020  |  Payments Powering the Platform Economy

Digital-first businesses that need capital as a cushion for lumpy cash flow find tapping their banks for funds can be tedious and slow, says Abe...

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New Report: Slow Loan-Approval Processes Drive SMBs To FinTechs
New Report: Slow Loan-Approval Processes Drive SMBs To FinTechs
August 18, 2020  |  Payments Powering the Platform Economy

The global eCommerce market is a juggernaut, containing up to 24 million sellers and 2 billion digital buyers, with sales expected to reach $4.13 trillion...

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Online Loans Confound Experts With Lower-Than-Expected Impairments
Online Loans Confound Experts With Lower-Than-Expected Impairments
August 17, 2020  |  Loans

Personal, unsecured loans issued through online lenders like Best Egg, LendingClub and Upstart have long been seen as particularly vulnerable in a downturn. Get the...

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California Proposes Financial Watchdog Agency
California Proposes Financial Watchdog Agency
August 17, 2020  |  CFPB

California is expected to create a financial protection watchdog agency by month’s end. Get the Full Story Complete the form to unlock this article and...

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Square’s Cash App Tests Small-Dollar, Short-Term Loans
Square’s Cash App Tests Small-Dollar, Short-Term Loans
August 12, 2020  |  Loans

Cash App, Square Inc.’s mobile payment app, has launched a pilot program to offer short-term loans of up to $200, TechCrunch reported. Get the Full...

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