Bank of Southern California Named as a Top Small Business Lender
- 8 years 2 months ago
- Alternative Finance
Bank of Southern California has been recognized as a top small business lender in San Diego County based on the volume of SBA 7(a) loans originated according to the San Diego District Office of the U.S. Small Business Administration's fiscal year-end lender rankings as of July 31, 2016.
FIS Completes of Amendments to Existing Credit Facility and Term Loan Agreement
- 8 years 3 months ago
- Alternative Finance
FIS™, a global leader in financial services technology, today announced the completion of an amendment and restatement of its existing credit agreement and an amendment of its existing term loan agreement.
QASymphony Chooses Bridge Bank for its Technology Industry Expertise
- 8 years 3 months ago
- Alternative Finance
Bridge Bank announced today that it has provided a $3 million venture term loan facility to Atlanta-based QASymphony, a leader in agile testing software. QASymphony will use the credit facility to help finance its ongoing growth strategy, including expansion into the European market.
QCash Financial Introduces Short-Term Lending Technology to Canadian Financial Institutions
- 8 years 3 months ago
- Alternative Finance
QCash Financial, provider of an automated, cloud-based, omni-channel lending platform for financial institutions, announces that it now offers its small-dollar, short-term lending technology to Canadian financial institutions. Due to the demand for small-dollar lending in Canada, QCash Financial is expanding to offer its services to Canadian financial institutions. By serving the Canadian market, QCash Financial will offer Canadian financial... more
Baker Hill Introduces Launch AppGen™ to Accelerate Loan Applications on Personal Devices
- 8 years 3 months ago
- Alternative Finance
Baker Hill, a leading provider of technology solutions for common loan origination, relationship management and smart data analytics, announced the upcoming launch of AppGen™, which allows consumers and small businesses to apply for credit cards and loans from any locat
Wirefund Goes Live to Drive the Growth of British Business
- 8 years 3 months ago
- Alternative Finance
Wirefund, a provider of quick and simple business loans, today launches in the UK. Created to improve the flow of British business, Wirefund will provide loans to help protect and grow small and medium sized companies by keeping their cash flowing.
FICO : Millennials Need Help in Debt Management
- 8 years 4 months ago
- Risk Management, Wealth Management, Alternative Finance
FICO’s latest consumer finance trend research has revealed that 37 percent of Millennials aged 25-34 are concerned about their level of debt, while 33 percent of them are interested in getting assistance to help manage their debts. After residential mortgages, the biggest debt burden for this age group is student loans, with 32 percent of Millennials saying they owe $20,000 or more. A close second is auto loans, with 45 percent of Millennials ... more
Lloyds Banking Group: Online Lending to Small Businesses Soars in Two Years
- 8 years 4 months ago
- Alternative Finance
The latest figures for Lloyds Banking Group, which includes Lloyds Bank and Bank of Scotland, show that the total amount of online lending to small businesses has doubled in the past two years*, as more businesses are making the move online to manage their banking. The annual value of online lending to small businesses (those with a turnover of less than £1m) is increasing at an even greater rate, with online lending to small business customers... more
Ovamba Teams Up with New Investors to Unlock The Potential of SMEs in Africa
- 8 years 4 months ago
- Banking, Alternative Finance, Crowdfunding
Ovamba Cameroon Solutions, an online African funding and logistics services provider for SMEs (small and medium sized businesses), announces partnerships with two investors, Crowdcredit and Courtyard Capital. The partnership highlights the commitment of all three companies to unlocking the potential of SMEs in Africa.
SIA Reveals “Person to Business” Service
- 8 years 5 months ago
- Alternative Finance
Following on from “Person to Person” (P2P) payments, Jiffy - the service developed by SIA to send and receive cash in real time from a smartphone – comes to stores. The pilot phase of the “Person to Business” (P2B) project has in fact begun in the cities of Milan and Bergamo, allowing customers to pay via app at participating retail outlets authorized by UBI Banca. Other major Italian banks have expressed interest in offering the service by next... more
Monetary Authority of Singapore Enhances Access to Crowd-funding for Start-Ups And SMEs
- 8 years 5 months ago
- Crowdfunding, FinTech StartUps
The Monetary Authority of Singapore (MAS) announced today that it will make it easier for start-ups and Small and Medium Enterprises (SMEs) to access securities-based crowd-funding (SCF) in two ways.
Staffcare Selects Neyber to Provide Loans Across UK
- 8 years 6 months ago
- Alternative Finance
Neyber, the leading provider of salary deducted loans, has been chosen by the employee benefit platform provider Staffcare to provide loans across its UK employee customer base.
Wells Fargo Unveils yourFirst Mortgage℠- Loan Program
- 8 years 6 months ago
- Alternative Finance
-Wells Fargo & Company unveils yourFirstMortgage℠, a new home loan program that offers a down payment of as little as 3 percent for fixed-rate mortgages, lo
Ipreo and Misys Cooperate to Deliver Syndicated Loan Solution
- 8 years 6 months ago
- Alternative Finance
Ipreo and Misys announced the signing of an agreement whereby the two companies will integrate Debtdomain and Misys FusionBanking Loan IQ – market-leading software solutions for syndicated loan arrangers and agents. Clients will benefit from the powerful integration capabilities included in FusionBanking Loan IQ. Mutual clients of Debtdomain and FusionBanking Loan IQ have previously integrated the products, but this solution will be the first... more
LendIt Collaborates with P2P Finance Association to Run Online Lending Conference
- 8 years 6 months ago
- Alternative Finance, P2P Lending
LendIt, the world’s largest online lending conference, today announced the launch of LendIt Europe 2016, its third annual European conference, to be held October 10-11, 2016 in London. LendIt is partnering with the UK P2P Finance Association, Europe’s premier lending association, for the second year to deliver what is expected to be its largest conference to date, with more than 1,000 attendees expected.
