Category : Lending

Janover Launches its First AI Chatbot SaaS Model and Offers Licensing to Select Commercial Lenders
Lending News

Janover Launches its First AI Chatbot SaaS Model and Offers Licensing to Select Commercial Lenders

GlobeNewswire
by GlobeNewswire026
Multifamily, commercial real estate, and SBA lenders can now dramatically enhance engagement on their websites and improve productivity per employee Janover, an AI-enabled platform for commercial real estate transactions, announced that its now offering its AI chatbot interface under a software-as-a-service (“SaaS”) model to a select number of commercial lenders.......
Goodfood Market Corp. Extends Credit Support From Desjardins Capital Markets and Investissement Québec.
Lending News

Goodfood Confirms Support from Key Lending Partners as it Extends and Amends Credit Facilities

GlobeNewswire
by GlobeNewswire044
Goodfood Market Corp, a leading Canadian online meal solutions company, reached an agreement for an extension of its credit facility with Desjardins Capital Markets and Investment Québec. The facility will now provide bank financing totalling approximately $5 million consisting of a $2.1 million term loan, a $1.3 million revolving credit......
Leading AI Decisioning Platform Rich Data Co Successfully Raises $17.5 Million in Series B Round
Lending News

Leading AI Decisioning Platform Rich Data Co Successfully Raises $17.5 Million in Series B Round

PR Newswire
by PR Newswire069
Rich Data Co (RDC) a leading AI decisioning platform that helps banks make high-quality lending decisions efficiently and safely – has successfully raised US$17.5m in its Series B round. The funding round was led by major Australian bank Westpac and global leader in cloud banking nCino, and supported by a reinvestment from......
Featured Fintech Fintech Primers Lending

What Are The Fintech Lending Benefits?

Pooja Choudhary
by Pooja Choudhary067
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......
United Community Is Now One of the Nation's Top SBA Lenders
Lending News

United Community Is Now One of the Nation’s Top SBA Lenders

PR Newswire
by PR Newswire0104
With more than $177 million in loans for fiscal year 2023, , ranking 25 out of more than 1,500 banks nationwide. United issued 196 loans, with an average loan size of more than $900,000. “Small companies generate 1.5 million jobs a year and account for nearly 65% of new jobs in America,” said Rich......
Abbott Launches Blueprint to Help Companies Tackle This Problem
Lending News

Abbott Launches Blueprint to Help Companies Tackle This Problem

PR Newswire
by PR Newswire0103
New survey by Morning Consult on behalf of Abbott shows student loans are having a profound and far-reaching impact on young adults and their planning for the future 91% say financial stress is impacting their mental, physical wellness and student loan debt is a key driver of this financial stress......
Forta Solutions Officially Launches Groundbreaking Warehouse Lending Platform Agility
Lending News

Forta Solutions Officially Launches Groundbreaking Warehouse Lending Platform Agility

PR Newswire
by PR Newswire095
In the limited warehouse tech space, warehouse lenders finally have a new, superior alternative Fintech provider Forta Solutions announced the launch of Agility, a groundbreaking warehouse lending platform that offers warehouse lenders unparalleled transparency, efficiency and a faster, more secure path to liquidity. Designed by warehouse lenders and built with modern......
Steve Thomas Launches Minority-Owned National Correspondent Lender
Lending Mortgage News

Steve Thomas Launches Minority-Owned National Correspondent Lender

PR Newswire
by PR Newswire0110
Brings 30 years of experience at the nexus of residential mortgage trading, community banking, affordable housing, and diversity and inclusion initiatives.  Stephen Thomas announced the creation of FutureWave Finance, a minority-owned national correspondent lender, of which he is the President and CEO. The culmination of many years of planning, FutureWave partners with......
Newrez Launches New Joint Venture Lender, Onward Home Mortgage
Lending Mortgage News

Newrez Launches New Joint Venture Lender, Onward Home Mortgage

Business Wire
by Business Wire0146
Marking an exciting new chapter for homebuyers in the southeast. Newrez, a national mortgage lending and servicing organization, has launched a new joint venture mortgage company, Onward Home Mortgage, through their Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group (GLG). Latest Fintech Interview Insights : Bridging......
Vesta Announces Partnership With Lender Price to Enable a More Fully Digital Mortgage Experience
Lending News

Vesta Announces Partnership With Lender Price to Enable a More Fully Digital Mortgage Experience

Business Wire
by Business Wire0129
Vesta, a modern and intelligent loan origination system, has announced a new integration with Lender Price, a premier pricing engine in lending, to allow lenders to instantly quote and manage locking without ever leaving the Vesta platform. Latest Fintech Interview Insights : Bridging the Labor Gap in Accounting using AI Technology......
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