Category : Lending

Featured Fintech Fintech Primers Lending

What Are The Pros of Fintech Lenders?

Pooja Choudhary
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
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
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
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
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
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
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......
Altriarch Announces Launch of New Investment Strategy
Investment Services Lending News

Altriarch Announces Launch of New Investment Strategy

PR Newswire
Firm sees increased demand for alternative investment opportunities in the credit space Altriarch Asset Management, LLC, a private credit investment manager focused on what it believes are overlooked segments within private credit, announced the launch of its new private credit investment strategy. Altriarch believes it is strategically positioned to meet......
Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities
Fintech Lending News

Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities

Business Wire
Holley committed to using strong free cash flow to continue deleveraging the balance sheet Holley, the leading consumer platform for automotive performance enthusiasts, announced it paid down $25 million in principal against its first lien term loan facility. Accretive to earnings, the paydown aligns with leadership’s commitment to reduce leverage against Holley’s......
Camino Financial and Fundation Merge to Form Full Spectrum Small Business Lender
Investment Services Lending News

Camino Financial and Fundation Merge to Form Full Spectrum Small Business Lender

PR Newswire
The joint entity will be one of the few multi-channel financing platforms offering credit solutions tailored to all stages of small business growth Camino Financial and Fundation will combine to create a new, full spectrum SMB lender providing credit solutions to fund the growth of small businesses. Camino Financial, a......
1