Search Results for: small business lenders

LendingFront-Announces-New-PPP-Loan-Management-Solution-for-Small-Business-Lenders
Business Fintech Investment Services News

LendingFront Announces New PPP Loan Management Solution For Small Business Lenders

Fintech News Desk
by Fintech News Desk0
LendingFront, a leading fintech operating system that powers small business credit for community banks, credit unions, CDFIs, payment processors and alternative lenders, today announced a new solution integrated with its lending platform designed specifically for the Small Business Association’s Payment Protection Program (PPP). Read More:  iProov Partners With TRUSTDOCK to......
Orion First Launches New Customer Portal for Small Business Lenders
Business Fintech News

Orion First Launches New Customer Portal for Small Business Lenders

Fintech News Desk
by Fintech News Desk0
Orion First, a commercial loan and lease servicer, has released its latest product: a customer portal, enhancing the customer experience for borrowers. Read More: ACI Worldwide Selected by Entergy Services, LLC for Mobile Payment Options Orion’s new customer portal is a mobile-friendly website designed purely for the end user. With......
Lumos Technologies Releases Lumos Prime+ Score for Small Business Loans Exclusively Through Lenders Cooperative
Lending News

Lumos Technologies Releases Lumos Prime+ Score for Small Business Loans Exclusively Through Lenders Cooperative

Fintech News Desk
by Fintech News Desk0
Lumos Technologies and Lenders Cooperative offers Lumos Prime+, an expected loss small business scoring model through Lenders Cooperative’s loan origination system, as a packaged solution that allows financial institutions to focus on small dollar small business lending efficiently and effectively. The partnership between Lumos and Lenders Cooperative will help ease......
Biz2Credit Small Business Lending Index  for August Finds Loan Approval Rates Rise at Banks and at Non-Bank Lenders
Business Finance News

Biz2Credit Small Business Lending Index  for August Finds Loan Approval Rates Rise at Banks and at Non-Bank Lenders

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) jumped from 13.8% in July 2021 to 13.9% in August, up by three-tenths of a percentage from one year ago. Meanwhile, small banks’ approvals also rose from 19.1% in July to 19.3% in August, according to the latest Biz2Credit Small Business  “Small businesses are again borrowing to improve......
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......
Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders
Banking Business Finance News

Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index™ Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.4% in April to 13.5% in May 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. However, small banks’ approvals jumped higher from 18.2% in April, to 18.7% in May. “Loan approvals by small banks rose 0.3% as banks start to assess the......
Enigma Technologies and Verisk Financial Collaborate to Provide Insights into Small Business Financial Health, Offering Lenders Clarity
Banking Business Fintech News

Enigma Technologies and Verisk Financial Collaborate to Provide Insights into Small Business Financial Health, Offering Lenders Clarity

Fintech News Desk
by Fintech News Desk0
Enigma Technologies, a data science company that collects and analyzes information on the health and identity of every U.S. business, announces a strategic collaboration with Verisk Financial, a Verisk company relied upon by leading financial institutions, payments providers, and retailers around the globe. During this year-long pandemic, lenders have been......
Banking Fintech News

First Bank & Trust Company Ranked Among Top Lenders by U.S. Small Business Administration District Office

Fintech News Desk
by Fintech News Desk0
Small businesses throughout Virginia and Tennessee are receiving much needed assistance from the Small Business Administration, thanks to First Bank & Trust Company.  According to a recent announcement from the SBA, First Bank & Trust Company loaned $9.3 million in Fiscal Year (FY) 2019, a $2.6 million increase over the previous year. Read More: COVID-19 and Automation are......
NYMBUS SmartLenders™ Continues Accepting Paycheck Protection Program Loan Applications from New and Non-Bank Small Businesses
Banking Business Fintech News

NYMBUS SmartLenders™ Continues Accepting Paycheck Protection Program Loan Applications from New and Non-Bank Small Businesses

Fintech News Desk
by Fintech News Desk0
NYMBUS continues to help financial institutions and small businesses respond to the impact of COVID-19 through its SmartLenders Program that provides the fastest processing of Small Business Administration (SBA) Paycheck Protection Program (PPP) guaranteed loans. With Congress ready to make an additional $310 billion in PPP loan funds available, the urgency has never......
NYMBUS SmartLenders Program Enables Financial Institutions to Immediately Assist Small Businesses Impacted by COVID-19
Business Fintech News

NYMBUS SmartLenders Program Enables Financial Institutions to Immediately Assist Small Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
NYMBUS will help all financial institutions respond to the impact of COVID-19 through its live new program that provides the fastest processing of Small Business Administration (SBA) Paycheck Protection loans, enabling participating banks and credit unions to deliver instant financial relief for their small business customers. Read More: Finhabits Launches Microlearning Journeys......
1