U.K. challenger bank Cashplus is the latest to apply for a share of the approximately $1 billion fund set aside by RBS to promote competition in the small business banking space. Reports in The Times on Tuesday (May 28) said Cashplus is seeking about $12.66...
Credit report company Equifax is extending its partnership with the Small Business Financial Exchange (SBFE), the firm said in a press release Thursday (Feb. 28). Their deal sees Equifax providing SBFE members and other authorized customers with access to SBFE small business lending data as...
Business intelligence company Creditsafe is enhancing its credit information database with a focus on business financial data, the company announced Tuesday (May 15). The company said it is opening up access to financial trade payment data, which includes credit and financial performance information of U.S....
The struggle of small business borrowing is well documented. Indeed, it’s the underlying reason why the alternative SME lending industry exists. But even alt-lenders have their limitations when trying to link small businesses to financing. Part of the problem, explains Eyal Shinar, founder and CEO...
