Search Results for: alternative lenders

Biz2Credit Small Business Lending Index  Finds Loan Approval Rates Rose at Banks and at Institutional and Alternative Lenders in July
Banking News

Biz2Credit Small Business Lending Index  Finds Loan Approval Rates Rose at Banks and at Institutional and Alternative Lenders in July

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) jumped from 13.6% in June 2021 to 13.8% in July, the same percentage as a year ago. Meanwhile, small banks’ approvals also rose from 18.9% in June to 19.1% in July, according to the latest Biz2Credit Small Business Lending Index released today. The approval percentage at small banks is......
Arizona Brings Competitive Rates to the Alternative Lending Market
Lending News

Hard Money Lenders Arizona Brings Competitive Rates to the Alternative Lending Market

PR Newswire
by PR Newswire0
Hard Money Lenders Arizona, the state’s trusted and established alternative financing expert, is thrilled to announce they are now offering the best rates in Arizona on alternative lending solutions. In their continuous commitment to empower real estate investors, businesses, and individuals alike, Hard Money Lenders Arizona’s latest move is set to revolutionize Arizona’s lending......
Lendesk Expands Lender Spotlight with New Alternative Lending Section, Providing Mortgage Brokers Easier Connection to Wide Selection of Lenders
Fintech Mortgage News

Lendesk Expands Lender Spotlight with New Alternative Lending Section, Providing Mortgage Brokers Easier Connection to Wide Selection of Lenders

Fintech News Desk
by Fintech News Desk0
Brokers are now able to leverage a new feature in Lender Spotlight, helping them easily find the right mortgage for their clients Lendesk Technologies, the premier FinTech provider for Canada’s mortgage professionals, and a part of Rocket Companies, announced its newly created alternative lending section in the company’s Lender Spotlight mortgage product –......
ETHA Lend Closes A $1.6 Million Funding Round – Creating A Novel Yield Optimizer for The Masses
Business Fintech Fintech Funding News

LA-Based SoLo Funds Raises $10 Million to Offer an Alternative to Predatory Payday Lenders

Fintech News Desk
by Fintech News Desk0
SoLo Funds wants to replace payday lenders with a community-based, market-driven model for individual lending, and now has $10 million to expand its business in the U.S. Read More: 2021 Financial Plans to be Driven by New Administration, Remote Workforce & Supporting Tech Payday lenders offer high-interest, short-term loans to borrowers......
Experian’s Future of Fraud Forecast Reveals Threats Facing Businesses in 2021 and Beyond
Fintech News

Experian Finds 89 Percent of Lenders Believe Alternative Credit Data Improves Financial Access for Consumers Seeking Credit During COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
As part of its mission to use data to keep the credit economy open to more consumers, Experian released its latest State of Alternative Credit Data report. The study highlights consumer and lender perceptions about leveraging alternative credit data against the backdrop of COVID-19, revealing 80 percent of consumers feel including items......
Monarch Alternative Capital Bolsters Real Estate Debt Investment Program through Recent Lending Solutions
Investment Services News

Monarch Alternative Capital Bolsters Real Estate Debt Investment Program through Recent Lending Solutions

PR Newswire
by PR Newswire0
Monarch completes three financings – Hotel 48LEX in New York, Renaissance Las Vegas, and Westin Tampa, in the hotel sector amid commercial real estate lending market disruption. Monarch Alternative Capital LP, a leading investment firm with approximately $14 billion of assets under management, announced the continued expansion of its real estate debt......
Featured Fintech Fintech Primers Lending

What Are The Pros of Fintech Lenders?

Pooja Choudhary
by Pooja Choudhary0
Introduction Online “fintech” lenders, which are not banks, may look at “alternative data,” such as the regularity with which a borrower pays their rent or utility bills, to establish the borrower’s creditworthiness. There are potential benefits to expanding access to loans through the use of alternative data. Lenders can now......
Indonesia Alternative Lending Business Report 2023: Market is Expected to Grow by 31.7% to Reach $6.51 Billion in 2023 - Forecasts to 2027
Fintech News

Indonesia Alternative Lending Business Report 2023: Market is Expected to Grow by 31.7% to Reach $6.51 Billion in 2023 – Forecasts to 2027

Business Wire
by Business Wire0
The “Indonesia Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering. Alternative lending market in Indonesia is expected......
How Lending Enablement Solutions Improve Auto Lenders’ Financial and Portfolio Growth
Guest Posts Lending

How Lending Enablement Solutions Improve Auto Lenders’ Financial and Portfolio Growth

Matt Roe
by Matt Roe0
The automotive lending industry is facing a unique convergence of challenges, including tightened lending conditions, reduced credit availability, and historically high vehicle prices. Despite these obstacles, emerging Lending Enablement Solutions are helping financial institutions expand their borrower base, increase loan volume, and improve return on assets (ROA) while mitigating risk.......
Prism Data Joins Provenir Marketplace to Help Lenders Harness Open Banking Data
Banking News

Prism Data Joins Provenir Marketplace to Help Lenders Harness Open Banking Data

Fintech News Desk
by Fintech News Desk0
Prism’s market-leading suite of cash flow underwriting and data analytics products will be available through the Provenir Marketplace Prism Data announced that it is partnering with Provenir, a global leader in data and AI-powered risk decisioning software, to make Prism’s market-leading suite of cash flow underwriting and data analytics products......
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