Search Results for: business borrowers

FIS Launches SMB Digital Lending to Streamline Small Business Loan Processes
Lending News

FIS Launches SMB Digital Lending to Streamline Small Business Loan Processes

Business Wire
by Business Wire0
Key Facts SMB Digital Lending leverages advanced data analytics and machine learning to help banks profitably source, underwrite, and fund loans of any size to small and medium-sized businesses. The solution, launched in partnership with Lendio, is FIS’ first in a portfolio of digital banking solutions to focus specifically on......
Ascent Partners with MSU Federal Credit Union to Transform Business Lending
Lending News

Ascent Partners with MSU Federal Credit Union to Transform Business Lending

PR Newswire
by PR Newswire0
Through a pilot partnership, MSUFCU will test Ascent’s Loan Origination add-on for unsecured business loans and lines of credit, offering members a streamlined and efficient lending experience. Ascent Platform Corporation, the leader in financial portability solutions for banks and credit unions, is pleased to announce its partnership with Michigan State University Federal Credit......
KBRA Releases Research – Private Credit: 12% Is Here–First Look at Interest Coverage and Liquidity for Middle Market Borrowers by Sector
Finance Fintech News

KBRA Released New Study for Middle Market Borrowers

Fintech News Desk
by Fintech News Desk0
In this report, KBRA provides a baseline of where interest coverage and liquidity stood at the time of the company’s most recent credit assessment, then proportionately drags forward interest costs to 12% if the most recent financials available at the time of our assessment were for a period prior to......
Ardley Breaks New Ground with Autopilot, Delivering Instant Conditional Loan Approvals for Qualified Borrowers
Mortgage News

Ardley Breaks New Ground with Autopilot, Delivering Instant Conditional Loan Approvals for Qualified Borrowers

PR Newswire
by PR Newswire0
By combining instant conditional loan approvals with hyper-personalised loan offers generated through the Ardley platform, Autopilot enables mortgage lenders and servicers to maximise deal opportunities in any rate environment while avoiding the typical sensitivity and scalability challenges associated with interest rate volatility. Ardley Technologies, a leading provider of mortgage technology......
Synchrony and Ally Financial Reach Agreement on Sale of Ally's Point-of-Sale Financing Business
Finance News

Synchrony and Ally Financial Reach Agreement on Sale of Ally’s Point-of-Sale Financing Business

PR Newswire
by PR Newswire0
Acquisition Enhances Synchrony’s Reach and Scale in Home Improvement and Health and Wellness Financing;  Sale Enables Ally To Invest Its Resources in Growing Scale Businesses and Strengthening Relationships with Dealer Customers and Consumers Synchrony and Ally Financial announced that they have entered into a definitive agreement for Synchrony to acquire......
Goldman Financial Raises 300 Million for small business lending services
Fintech Investments News

Goldman Financial Raises 300 Million for small business lending services

PR Newswire
by PR Newswire0
Goldman Financial a global provider of short term working capital and long term capital products to business throughout the United States raises 300 million dollars to deploy over the next 12 months to business owners who are in need of bridge capital, capital to grow their business or long term capital solutions such as......
Fintech News

SMB Fintech Leader Nav Launches Credit Building Card to Unlock Capital for Small Businesses

PR Newswire
by PR Newswire0
Nav’s credit building card is one of the features of the newly launched Nav Prime bundle. Nav Prime is an all-in-one business finance solution designed for today’s SMB owner including business checking, cash flow management, and the first of its kind business credit-builder charge card. Leading SMB fintech Nav announced......
Nav Launches Credit Building Card to Unlock Capital for Small Businesses
Finance Fintech News

Nav Launches Credit Building Card to Unlock Capital for Small Businesses

Fintech News Desk
by Fintech News Desk0
Nav’s credit building card is one of the features of the newly launched Nav Prime bundle. Nav Prime is an all-in-one business finance solution designed for today’s SMB owner including business checking, cash flow management, and the first of its kind business credit-builder charge card. Leading SMB fintech Nav announced......
Biz2X Announces New Account Opening Product for Business Banking Clients
Banking News

Biz2X Announces New Account Opening Product for Business Banking Clients

GlobeNewswire
by GlobeNewswire0
Biz2X is excited to announce its new Account Opening product. This breakthrough technology allows banking clients to quickly and efficiently open new deposit accounts, enabling faster funding for borrowers. New small and medium-sized businesses are cropping up every day. The integration of Biz2X’s Lending and Account Opening products can help......
Small Business Bank Loan Approvals Dropped Dramatically in March Biz2Credit Study
Banking Lending News

Small Business Bank Loan Approvals Dropped Dramatically in March: Biz2Credit Study

GlobeNewswire
by GlobeNewswire0
Biz2Credit Small Business Lending Index finds funding requests at banks declined after Silicon Valley Bank’s collapse; borrowers had more success with non-bank lenders. Small business loan approval percentages at big banks slipped again, falling from 14.2% in February to 13.8% in March, according to the latest Biz2Credit Small Business Lending Index™ released today. This marks is the......
1