PYMNTS-MonitorEdge-May-2024

SMB lending

Aussie SMB Ombudsman Says Bank Compliance ‘Like Pulling Teeth’
Aussie SMB Ombudsman Says Bank Compliance ‘Like Pulling Teeth’
August 23, 2017  |  B2B Payments

As Australia continues its probe into small business banking, reports this week said small- and medium-sized businesses (SMBs) may have scored a win as banks agreed...

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Fifth Third Implements Faster Access To SMB Lines Of Credit
Fifth Third Implements Faster Access To SMB Lines Of Credit
July 10, 2017  |  B2B Payments

Fifth Third is making changes aimed at accelerating SMBs’ access to its lines of credit. The bank announced Friday (July 7) that it will provide...

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Biz2Credit Tells Banks To Stop Fixating On Millennials
Biz2Credit Tells Banks To Stop Fixating On Millennials
June 02, 2017  |  B2B Payments

As the age of a small business owner increases, so do their chances of having a loan application approved by bank lenders, according to research...

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The CFPB’s Fact Finding Into SMB Lending (And Why Bankers Are Worried)
The CFPB’s Fact Finding Into SMB Lending (And Why Bankers Are Worried)
May 30, 2017  |  CFPB

After seven years of offering close scrutiny to any and all aspects of consumer lending — mortgage underwriting, car loans, short-term lending, credit cards, debt collection,...

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SMBs Optimistic, But Not About Credit
SMBs Optimistic, But Not About Credit
May 16, 2017  |  Data Drivers

Our latest Data Drivers delves into a dichotomy:  SMB owners look with optimism toward future growth but look askance at their prospects for grabbing the...

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Rapid SMB Credit Decisions, Via The Cloud
Rapid SMB Credit Decisions, Via The Cloud
January 13, 2017  |  B2B Payments

The paper-based income statement and balance sheet models for SMB lending are inefficient at best and may not be the best arbiters of credit risk. Provenir...

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Paytm Expands Into SMB Lending
Paytm Expands Into SMB Lending
July 12, 2016  |  B2B Payments

India-based mobile wallet firm Paytm generally focuses on consumer payments, but like PayPal, the company is beginning to turn its attention towards SME finance. An...

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OnDeck Brings SMB Lending To Canada
OnDeck Brings SMB Lending To Canada
May 25, 2016  |  Alternative Finances

Online small business lender OnDeck said on Tuesday (May 24) that it has expanded its presence and offerings in Canada. The firm is now offering...

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BlueVine Winds Its Way Toward SMB Lines Of Credit
BlueVine Winds Its Way Toward SMB Lines Of Credit
April 22, 2016  |  B2B Payments

Once the purview of large lenders, revolving lines of credit are being revived as a vehicle for SMB cash flow strategies and are a natural...

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