Funding Circle to Expand Access to Capital for Nevada Small Business Owners Following Authorization from State
- 3 years 11 months ago
- Lending
Funding Circle, the leading online platform for small business loans, announced today that it is now operational in Nevada, allowing it to provide the s
Oklahoma-Based Community Bank Partners with Fintech to Modernize Lending
- 3 years 11 months ago
- Lending
Farmers State Bank and Teslar Software today announced their partnership to automate the bank’s commercial lending processes. Teslar’s technology will help the bank efficiently manage their loan portfolio as they continue to grow.
Finance Industry Experts Explore Next-Gen Lending and Credit Inclusion at TransUnion Summit
- 3 years 11 months ago
- Lending
Global information and insights company TransUnion recently hosted its UK Summit, bringing together leading names from banking, fintech and more, to discuss tackling the cost of living crisis, financial inclusion and next-generation lending.
LHV UK Plans to Acquire Bank North’s SME Lending Business
- 3 years 11 months ago
- Lending
LHV UK (the ‘Company’) announces that it has agreed on commercial terms to acquire Bank North’s Small Medium Enterprise (‘SME’) lending business. This transaction enables the Company to accelerate its strategy to expand to servicing SMEs. Powered by 14 years of consecutive growth, lending to SMEs has been one of the core business areas for LHV Group (the ‘Group’), LHV UK’s parent company and an investor in Bank North.
Validis Partners with Aryza to Power Open Finance for UK Business Lenders
- 3 years 11 months ago
- Lending
Aryza, expert developers of software solutions for the sectors of insolvency, credit and debt recovery, has today announced a partnership with Validis, a market-leading open accounting platform, to develop an open finance solution that will help business lenders obtain better quality financial data from their customers.
Provenir Named Finalist in the ‘Best Technology Partner’ Category for the Credit Strategy Lending Awards 2022
- 3 years 11 months ago
- Lending
Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, is a finalist in the “Best Technology Partner” category of the Credit Strategy Lending Awards 2022.
Rapid Finance Acquires Digital Lending Technology Provider, Thrive
- 3 years 11 months ago
- Lending
Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a fast and simple application process, announced today its acquisition of digital lending platform provider, Thrive, at American Banker’s Small Business Banking conference.
Legion Capital Named on Silicon Review’s Best 50 Companies To Watch 2022
- 3 years 11 months ago
- Lending
Legion Capital Corporation, a FinTech-enabled, specialized business lender, was named on Silicon Review’s Best 50 Companies to Watch 2022. Legion Capital provides financing for the acquisition, early-stage development and growth capital needs for small and medium-sized business owners, real estate developers and entrepreneurs, addressing a market segment that has gone largely unserved by banks and conventional lenders.
Traditional Lending Models are Broken in Current Economic Climate, Says Tink
- 3 years 12 months ago
- Lending
Europe’s leading open banking platform Tink is urging lenders to prioritise upgrading creditworthiness assessment models to ensure more accurate lending decisions.
Finova Capital Enhances Digital Lending Experience with Northteq
- 3 years 12 months ago
- Lending
Northteq, Inc. a leading provider of Salesforce origination solutions announced today that Finova Capital, LLC, an industry leader in equipment financing and small business lending, has integrated Northteq’s Aurora Loan Origination System (LOS) and Aurora Partner Portal with its Merchant CashTap platform to create an enhanced small business lending experience.
Pennsylvania Community Bank Partners with Fintech to Digitize All Aspects of Commercial Lending
- 3 years 12 months ago
- Lending
Quaint Oak Bank and Teslar Software today announced their partnership to enhance the bank’s commercial lending strategy. The $750 million-asset community bank will leverage Teslar’s full suite of automated workflow and portfolio management tools to improve the lending process for both lenders and borrowers.
British Business Bank Supporting More than 96,000 Businesses with £12.2B of Finance Through its Core Programmes, with an Above Target Adjusted Return of 18.2%
- 3 years 12 months ago
- Lending
Catherine Lewis La Torre, CEO, British Business Bank, said: “The British Business Bank has successfully delivered against the strategic priorities we set at the beginning of the year. “We have increased our impact and market reach to smaller businesses across the UK’s regions and Nations and designed innovative programmes while at the same time generating an attractive return on capital employed.
Esusu and Fannie Mae Team up to Create Equitable Financial Opportunities Through Rent Reporting
- 4 years 15 hours ago
- Lending
Esusu Financial Inc. today announced a new collaboration with Fannie Mae to help renters build credit by incorporating on-time rent payments into renter's credit scores as part of its strategy to advance equity in the housing market.
Reward Provides £5.2M of Funding to SMEs in the First Year of Launching in the Midlands
- 4 years 20 hours ago
- Lending
Reward Finance Group has helped boost the region’s economy by providing £5.2m of funding to SMEs in the first year of launching in the Midlands, to enable them to unlock growth potential, create new jobs or navigate through a difficult trading period.
Cost of Consumer Credit Ratchets Up Again in August
- 4 years 5 days ago
- Lending
The latest Bank of England figures1 reveals that quoted household interest rates on consumer credit products continued to rise in August amid an economic environment of rising interest rates, mortgage rates and inflation.
