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

Eight in 10 EU Mid-Market Firms Needed Working Capital Solutions in 2023
Eight in 10 EU Mid-Market Firms Needed Working Capital Solutions in 2023
March 28, 2024  |  Europe

European middle-market firms have the second-highest need for working capital solutions. That’s according to “The 2023-2024 Growth Corporates Working Capital Index: Europe Edition,” a PYMNTS...

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Small Business, Banks Embrace Credit Alternatives
Small Business, Banks Embrace Credit Alternatives
March 21, 2024  |  Loans

Banks — the stalwarts of traditional lending — are finding new channels and conduits to getting capital to borrowers, across alternative channels, and with FinTech...

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AffiniPay Fee Lending Solution for Legal Industry Processes $125 Million
AffiniPay Fee Lending Solution for Legal Industry Processes $125 Million
March 20, 2024  |  Loans

AffiniPay has announced that its fee lending solution for the legal industry, Pay Later, has processed over $125 million in legal fees since its launch...

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Boulevard Launches Flexible Funding Offering for Salons and Spas
Boulevard Launches Flexible Funding Offering for Salons and Spas
March 20, 2024  |  Loans

Boulevard has added a new capital program to its client experience platform for self-care businesses like salons, barber shops, spas and med spas. The new...

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Open Banking Allows More SMB Data to Be Used in Financing Decisions
Open Banking Allows More SMB Data to Be Used in Financing Decisions
March 18, 2024  |  SMBs

Small- to medium-sized businesses (SMBs) represent a puzzle that banks have long struggled to solve. SMBs need fast, flexible and digital-first solutions that help rather...

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Operational Innovations Drive Software Publishing Marketplaces
Operational Innovations Drive Software Publishing Marketplaces
March 13, 2024  |  Innovation

The software publishing industry is in a state of flux right now as it embraces embedded finance to facilitate new growth — and many payment...

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HSBC Adding Bankers to Boost Startup Lending
HSBC Adding Bankers to Boost Startup Lending
March 11, 2024  |  Banking

HSBC is reportedly expanding its U.S. commercial banking operations to bolster its startup lending. Wyatt Crowell, head of U.S. commercial banking at HSBC, said in an...

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PSCU/Co-op Solutions Study Adds New Urgency to Credit Union Innovation
PSCU/Co-op Solutions Study Adds New Urgency to Credit Union Innovation
March 11, 2024  |  Credit Unions

Credit union (CU) members value the classic benefits associated with CUs, such as lower fees and more access to loan products. Still, PYMNTS Intelligence finds...

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Credit Spigots Continue to Tighten for Small Businesses
Credit Spigots Continue to Tighten for Small Businesses
March 08, 2024  |  SMBs

The traditional spigots of credit continue to tighten for small businesses. Blame higher rates, the continued fallout of the Silicon Valley Bank collapse last year, and skittishness...

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