Asset Finance news and trends

Ultimate Finance Nixes Unsecured Loans
B2B Payments // September 05, 2019

Alternative lender Ultimate Finance is exiting the unsecured lending market in response to “market conditions,” according to the company. Reports in Verdict.co.uk on Wednesday (Sept. 4) said the U.K. company pointed to volatility in the U.K. market for its decision, which will take effect immediately...

Australian Finance Group Teases SMB Loan Platform
B2B Payments // August 29, 2017

As Australian regulators continue to press the nation’s largest banks for fairer small business lending practices, a new small- to medium-sized businesses (SMB) lending platform is headed for the market. Australian Finance Group said Monday (Aug. 28) it is planning a soft launch of its small...