Banks’ pullback on small business lending is creating an opportunity for FinTechs to step in. In data released on Tuesday (Jan. 10), small business financing firm Biz2Credit noted that there’s been little to no growth in lending to small- to medium-sized businesses (SMBs). As for the...
Tillful, a small business credit platform, will partner with Experian on making credit profiles for businesses that are new to credit or credit-invisible, a press release said. The making of new businesses is going strong, as there were more than 5.4 million new business applications...
Traditional credit scores — for decades, the prime metric to be granted or denied financing — is a bit of a relic, and in the aftermath of a global health and business crisis, it’s simply not that helpful. In a time of off-the-charts small business...
Small and medium-sized business (SMB) credit platform Tillful has collaborated with payment card creation company Highnote and Mastercard on the Tillful Card, which will increase SMBs’ access to credit and growth capital, according to a Wednesday (Feb. 9) Highnote press release. The Tillful Card joins...
January 10, 2023
Banks’ pullback on small business lending is creating an opportunity for FinTechs to step in. In data released on Tuesday (Jan. 10), small business financing firm Biz2Credit noted that there’s been little to no growth in lending to small- to medium-sized businesses (SMBs). As for the big banks, small business loan approval percentages fell from 14.6% […]
February 11, 2022
Traditional credit scores — for decades, the prime metric to be granted or denied financing — is a bit of a relic, and in the aftermath of a global health...
July 17, 2023
Nav, a financial health platform for small businesses, has announced its acquisition of Tillful. Tillful, a FinTech startup, focuses on modernizing business credit and cash flow insights for small and medium-sized businesses (SMBs), Nav said in a Monday (July 17) press release. “At a time when financing options are tightening, Nav has built the only destination for […]
February 09, 2022
Small and medium-sized business (SMB) credit platform Tillful has collaborated with payment card creation company Highnote and Mastercard on the Tillful Card, which will increase SMBs’ access to credit and...
