SellersFi has partnered with Amazon to offer lines of credit to Amazon sellers. This offering will provide these sellers with access to credit lines of up to $10 million through Amazon Lending to support their stores, the companies said in a Tuesday (Jan. 30) press release emailed to PYMNTS. “This...
At the intersection of B2B payments and corporate finance, businesses are seeking more from their FinTech products. Not only do small and medium-sized businesses (SMBs) need solutions that can combine financing and a mode of payment in a single tool, but they’re also elevating their...
For many Americans, home equity lines of credit aren’t a sure thing right now, with a 19 percent drop nationwide, The Wall Street Journal (WSJ) reported. According to data from credit reporting firm Equifax, as reported by WSJ, banks’ holdings of home equity lines were...
Car leasing app Fair has secured a $500 million revolving credit facility led by Mizuho Bank. SoftBank Group Corp. is among several credit providers also participating in the loan, which will be used to unlock new levels of growth for both Fair and its partner...
June 07, 2018
The landscape in SMB lending is almost totally unrecognizable from what it was even a short five years ago, BlueVine Founder and CEO, Eyal Lifshitz, told Karen Webster shortly after his firm’s latest $60 million funding round was announced. Though today most businesses are both comfortable and familiar with borrowing from an online lender, that would have […]
March 26, 2024
Varo Bank has introduced two new products aimed at helping Americans alleviate their financial pressures. The online bank on Tuesday (March 26) announced the launch of Varo Line of Credit, along with the company’s new Smart Bank Account tools, coming at a time when consumers are finding it harder to cover emergency expenses. “Far too many Americans face […]
January 30, 2024
SellersFi has partnered with Amazon to offer lines of credit to Amazon sellers. This offering will provide these sellers with access to credit lines of up to $10 million through Amazon Lending to support their...
June 18, 2020
For many Americans, home equity lines of credit aren’t a sure thing right now, with a 19 percent drop nationwide, The Wall Street Journal (WSJ) reported. According to data from...
September 18, 2019
Car leasing app Fair has secured a $500 million revolving credit facility led by Mizuho Bank. SoftBank Group Corp. is among several credit providers also participating in the loan, which...
