SMB loans

UK Finance Solution Provider 1pm Opens New Facilities
UK Finance Solution Provider 1pm Opens New Facilities
November 26, 2019  |  B2B Payments

The U.K.-based independent finance provider 1pm is opening new facilities for the group’s loan division to enable it to better serve small and medium-sized businesses...

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MarketInvoice Rebrands To Expand Business Finance Offering
MarketInvoice Rebrands To Expand Business Finance Offering
November 12, 2019  |  B2B Payments

MarketInvoice is rebranding to reflect its expansion beyond invoice financing for small businesses. The company announced its new name, MarketFinance, in an announcement on Tuesday...

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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. In a press release issued on Monday (Oct. 21), the company announced PayPal Business Loan’s...

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UK Treasury On The Defensive Over Bank Referral Scheme
UK Treasury On The Defensive Over Bank Referral Scheme
September 04, 2019  |  B2B Payments

The U.K. government’s bank referral scheme, designed to connect small businesses that were rejected for a traditional bank loan to alternative lenders, has faced its...

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PayPal Australia Reaches $500M SMB Loan Volume
PayPal Australia Reaches $500M SMB Loan Volume
August 13, 2019  |  B2B Payments

PayPal Australia’s small business lending operations have reached a new milestone, facilitating $500 million in working capital loans, reports in Finder said on Monday (Aug....

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Ezbob Adds KYC Automation To Lending-as-a-Service Offering
Ezbob Adds KYC Automation To Lending-as-a-Service Offering
August 13, 2019  |  B2B Payments

Lending-as-a-service company ezbob is rolling out a new solution designed to enable banks to more easily onboard clients and manage their Know Your Customer (KYC)...

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Chase Terminates OnDeck SMB Loan Collaboration
Chase Terminates OnDeck SMB Loan Collaboration
July 29, 2019  |  Loans

Following its disclosure that JPMorgan Chase would no longer originate new small business loans through OnDeck’s platform hosting Chase Business Quick Capital, shares in OnDeck...

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FSB Says Higher Bank Capital Requirements Will Remain
FSB Says Higher Bank Capital Requirements Will Remain
June 07, 2019  |  Regulation

Europe’s Financial Stability Board (FSB) said on Friday (June 7) that higher bank capital requirements, which were put on the books during the financial crisis,...

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Resisting The Temptation To ‘Rule’ In Small Biz Credit Decisions
Resisting The Temptation To ‘Rule’ In Small Biz Credit Decisions
May 21, 2019  |  SMBs

Machine learning and artificial intelligence can help smooth business processes and eliminate reliance on paper-based and manual operations. Prashant Fuloria, COO at financial technology firm...

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