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

Wells Axes 200+ Staffers From US Lending Units
Wells Axes 200+ Staffers From US Lending Units
October 27, 2019  |  Personnel

Sources have revealed that Wells Fargo has laid off more than 200 bankers in its U.S. lending division in recent months, with a focus on...

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FundingSecure British P2P Lender Faces Collapse
FundingSecure British P2P Lender Faces Collapse
October 24, 2019  |  Loans

U.K.-based FundingSecure has called in administrators at CG Recovery as it becomes the second peer-to-peer (P2P) lender in the country to fold in six months....

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PayPal Expands SMB Loan Offering To Canada
PayPal Expands SMB Loan Offering To Canada
October 22, 2019  |  B2B Payments

PayPal is expanding its small business lending operations into Canada. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Open Banking Expands Its Horizons For Small Business Finserv
Open Banking Expands Its Horizons For Small Business Finserv
October 21, 2019  |  B2B Payments

The evolution of financial services has opened the door for open banking to take place. Get the Full Story Complete the form to unlock this...

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How Responsibly Accelerated Mortgage Underwriting Can Save Consumers, Lenders Money
How Responsibly Accelerated Mortgage Underwriting Can Save Consumers, Lenders Money
October 21, 2019  |  Faster Payments

When financing a first home, a complicated mortgage process can confuse buyers, and draw out loan underwriting timelines — costing time and money. Yet, lenders...

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Despite China’s Slowing Economy, Credit Demand Still Strong
Despite China’s Slowing Economy, Credit Demand Still Strong
October 18, 2019  |  International

Chinese online finance giant Ant Financial, headed by billionaire Jack Ma, is seeing an uptick in the desire for credit among small and medium businesses...

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Trending: Data Aggregation Makes Home Mortgages Cheaper
Trending: Data Aggregation Makes Home Mortgages Cheaper
October 18, 2019  |  Faster Payments

Many major companies rely on international trade and global supply chains. Keeping these trade flows operating smoothly requires quick, reliable delivery of payments. Consumers similarly...

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P2P Lender Funding Circle Addresses Investors’ Withdrawal Concerns
P2P Lender Funding Circle Addresses Investors’ Withdrawal Concerns
October 11, 2019  |  Loans

Peer-to-peer (P2P) British-based lender Funding Circle sent out a letter to investors after they were unable to take out funds from the platform. Get the...

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WeWork Calls For Looser Loan Policies For Co-Working Tenants
WeWork Calls For Looser Loan Policies For Co-Working Tenants
October 11, 2019  |  Loans

A WeWork executive is calling for real estate lenders to be more flexible when it comes to their co-working tenants. Get the Full Story Complete...

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