loans

Experian: Loan Default Rates Rose In Dec
Experian: Loan Default Rates Rose In Dec
January 15, 2019  |  Economy

S&P Dow Jones Indices and Experian released data through December of 2018 on Tuesday (Jan. 15) that showed default rates across all loan types increased from...

READ MORE >
Trump DOJ Nominee Viewed As Corporate Ally
Trump DOJ Nominee Viewed As Corporate Ally
January 14, 2019  |  B2B Payments

President Donald Trump has officially nominated William Barr for attorney general, signaling renewed support for the business community, according to reports. Bloomberg reported Friday (Jan....

READ MORE >
LendUp Credit Card Biz Becomes Stand-Alone Company
LendUp Credit Card Biz Becomes Stand-Alone Company
January 10, 2019  |  Loans

LendUp has announced it is scaling its credit card business as a stand-alone company, Mission Lane. The move was made possible through investment from LL...

READ MORE >
India’s Central Bank To Make Decision On Easing Lending Curbs
India’s Central Bank To Make Decision On Easing Lending Curbs
January 10, 2019  |  Regulation

The Reserve Bank of India (RBI) is in the process of reviewing the December quarterly results of state-owned banks to determine if lending restrictions will be...

READ MORE >
Reliant Funding Launches SBA Loan Service Amid Government Shutdown
Reliant Funding Launches SBA Loan Service Amid Government Shutdown
January 09, 2019  |  B2B Payments

Small business finance company Reliant Funding is launching a new program that can link borrowers to faster, short-term capital while they wait for loan funds...

READ MORE >
China To Help Private Businesses With Lower-Cost Credit
China To Help Private Businesses With Lower-Cost Credit
January 07, 2019  |  International

Lawmakers in China are looking at ways to help private businesses that are having a hard time refinancing debt, reported Reuters. The report, citing the...

READ MORE >
Banks Help Gov’t Workers Impacted By Shutdown
Banks Help Gov’t Workers Impacted By Shutdown
January 06, 2019  |  Banking

With the government shutdown continuing, banks in the U.S. have been stepping up to help, offering forbearance on loans and the associated fees. According to...

READ MORE >
Chesapeake Bank Debuts Online Loan Product
Chesapeake Bank Debuts Online Loan Product
January 04, 2019  |  B2B Payments

Chesapeake Bank is expanding its alternative lending division, Cash Flow, with ProfitStars‘ Commercial Lending Center Suite. Launched in 1995, Cash Flow offers U.S. businesses faster...

READ MORE >
AltFin’s Bumpy Ride Into An Uncertain 2019
AltFin’s Bumpy Ride Into An Uncertain 2019
December 28, 2018  |  Alternative Finances

“It was the best of times, it was the worst of times…” -Charles Dickens, A Tale of Two Cities Charles Dickens’ famous starter to A...

READ MORE >