Category : Lending

Wolters Kluwer Compliance Solutions Shares Digital Lending Adoption Insights
Lending Mortgage News

Wolters Kluwer Compliance Solutions Shares Digital Lending Adoption Insights

Business Wire
by Business Wire0
Lower costs per loan, higher efficiencies rank high in selecting digital technology While the adoption of digital technologies like eNotes and eClosings has recently slowed given rising interest rates and the U.S. mortgage market’s overall deceleration, lenders continue to show considerable interest in evaluating and purchasing mortgage closing platforms that......
Greater Commercial Lending Completes $10 Million in Financing for RAW FARM
Finance Lending News

Greater Commercial Lending Completes $10 Million in Financing for RAW FARM

PR Newswire
by PR Newswire0
Government-Guaranteed Loan Will Help California Dairy Farm Continue Post-Pandemic Recovery Efforts Greater Commercial Lending (GCL), which provides government-guaranteed loans to businesses and organizations in under-served and rural communities, has completed $10 million in financing to RAW FARM LLC in Fresno, California. The loan package, guaranteed by the U.S. Department of Agriculture (USDA) through the......
11:11 Systems Announces New Case Study with Automated Financial Systems
Lending News

11:11 Systems Announces New Case Study with Automated Financial Systems

Business Wire
by Business Wire0
Modernizing its legacy systems and simplifying the company’s disaster recovery strategy led AFS to select 11:11 for secure and reliable access to its data 11:11 Systems (“11:11”), a managed infrastructure solutions provider,  announced a new case study with Automated Financial Systems (AFS). In business for over 50 years, AFS is......
Frontwave Credit Union Selects Empower, Black Knight's Cloud-based LOS, to Help Expand and Scale Mortgage Operations
Lending Mortgage News

Frontwave Credit Union Selects Empower, Black Knight’s Cloud-based LOS, to Help Expand and Scale Mortgage Operations

PR Newswire
by PR Newswire0
The credit union will also leverage integration with Surefire, Black Knight’s CRM tool, to enhance member experience Black Knight, Inc. announced that Frontwave Credit Union, a growing credit union serving military and civilian communities in Southern California, has signed a contract to implement the Empower loan origination system (LOS) and several of its integrated......
PockBox Relaunches to Help 1 Million Americans Get the Credit They Need
Lending News

PockBox Relaunches to Help 1 Million Americans Get the Credit They Need

GlobeNewswire
by GlobeNewswire0
PockBox, the next-generation online loan comparison site, has relaunched with a mission to empower one million U.S. borrowers to access credit. PockBox solves the problem of confusing and overwhelming loan searches by providing a platform that allows users to compare loan offers from multiple lenders within minutes. The company connects consumers......
B2B Commerce Finance Lending News

Co-lending Partnership Between Axis Bank And Autotrac Finance Limited Through Yubi

Fintech Staff Writer
by Fintech Staff Writer0
Axis Bank, the third-largest private sector bank in India, and Autotrac Finance Limited Ltd (AFL), a non-banking financial company based in Gurgaon, announced their strategic alliance today via the Yubi Co.Lend platform. Both institutions will provide “New Tractor Loans” through this agreement for agricultural and related operations to meet the......
goPeer Becomes First Peer-to-Peer Lending Platform to Provide FICO Scores for Free to Canadian Consumers
Lending News

goPeer Becomes First Peer-to-Peer Lending Platform to Provide FICO Scores for Free to Canadian Consumers

Business Wire
by Business Wire0
goPeer’s peer-to-peer lending platform provides Canadian consumers access to transparent credit information through the FICO Score Open Access program Global analytics software firm FICO announced that goPeer, a peer-to-peer lending platform in Canada, will provide FICO Scores to its customers for free through the FICO Score Open Access program. Becoming......
Varo Bank Selects RiskExec's SaaS Fair Lending Platform Furthering Varo's Commitment to Economic Mobility
Lending News

Varo Bank Selects RiskExec’s SaaS Fair Lending Platform Furthering Varo’s Commitment to Economic Mobility

PR Newswire
by PR Newswire0
RiskExec, Inc., a subsidiary of Asurity Technologies, LLC, announced its compliance software has been selected by Varo Bank to conduct Fair Lending analytics for its innovative financial products serving Americans living paycheck to paycheck, Varo Advance and Varo Believe. Varo Bank is the first all-digital, nationally-chartered U.S. consumer techbank built from the......
New Survey Finds That Small Business Lending Remains Stable Despite Turbulence in Big Banks
Lending News

New Survey Finds That Small Business Lending Remains Stable Despite Turbulence in Big Banks

PR Newswire
by PR Newswire0
Lendio, the nation’s leading small business financial solutions provider, released the findings of a new polling of the top 21 lenders and funders in its marketplace, in the wake of the FDIC’s recent takeover of two large banks, to better understand the current state of lending and access to funds......
Biz2Credit Small Business Lending Index Reports a Decrease in Loan Approval Rates at Banks and Credit Unions in February 2023
Lending News

Biz2Credit Small Business Lending Index Reports a Decrease in Loan Approval Rates at Banks and Credit Unions in February 2023

GlobeNewswire
by GlobeNewswire0
Business loan approval rates rose at Institutional Investors and Alternative Lenders Small business loan approval percentages at big banks slipped again, falling from 14.4% in January to 14.2% in February 2023, according to the latest Biz2Credit Small Business Lending Index released today. This marks the ninth consecutive month in which big bank approval percentages have declined. Meanwhile,......
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