In a sign that small business lending may be well on its way to moving beyond the traditional conduits of big banks and other larger financial players, online platform Lendio, which helps smaller companies find access to capital, reported heady growth for 2015. The company...
August 15, 2018
Despite having the chance to apply for banking licenses with the Office of the Comptroller of the Currency, many online lenders are proceeding with caution. According to Reuters, the OCC announced last month it would accept applications for banking licenses from online lenders such as LendingClub and OnDeck Capital, which do business outside the traditional […]
February 24, 2016
In a sign that small business lending may be well on its way to moving beyond the traditional conduits of big banks and other larger financial players, online platform Lendio,...
