Search Results for: business borrowers

PayNearMe and Allied Business Systems Partner to Offer Lenders a Wide Range of Modern Bill Pay Options With a Single Integration
Digital Payments Fintech News

PayNearMe and Allied Business Systems Partner to Offer Lenders a Wide Range of Modern Bill Pay Options With a Single Integration

Fintech News Desk
by Fintech News Desk0
ABS clients can now accept cash, card and ACH payments, as well as the most popular mobile payment types, all through a single platform PayNearMe, a fast-growing fintech company radically improving the customer payment experience, and Allied Business Systems, LLC (ABS), a leading software solution for the consumer finance industry,......
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,......
BUSINESSNEXT Launches AI-Based Digital Lending Platform 3.0
Lending News

BUSINESSNEXT Launches AI-Based Digital Lending Platform 3.0

GlobeNewswire
by GlobeNewswire0
AI-powered platform enables a 90% reduction in average loan disbursal time and a 60% reduction in the cost of acquisition per loan BUSINESSNEXT, a universe of composable enterprise solutions to banks and financial services, announced the launch of its cloud-based Digital Lending Platform 3.0. Leveraging AI-driven automation, codeless digital journey......
Business Warrior Partners with Sunshine State Financial to Deliver Powerful Auto Loan Financing Solution
Fintech Lending News

Business Warrior Partners with Sunshine State Financial to Deliver Powerful Auto Loan Financing Solution

GlobeNewswire
by GlobeNewswire0
Business Warrior Corp, a global leader in lending and marketing software empowering business growth, announces it has entered into a partnership with the innovative automotive lending company Sunshine State Financial to provide auto loans to its customers. This venture showcases the enterprise development solution of Business Warrior’s latest product, PayPlan,......
MeridianLink Expands Business Lending Capabilities
Lending News

MeridianLink Expands Business Lending Capabilities

Fintech News Desk
by Fintech News Desk0
MeridianLink Business empowers financial institutions to offer fast, reliable business lending to their communities MeridianLink, Inc., a leading provider of modern software platforms for financial institutions and consumer reporting agencies, announced the availability of MeridianLink Business. Originally launched as Atlas Platform by StreetShares, which was acquired in 2022, MeridianLink Business......
Merchants & Marine Bancorp, Inc. Launches Voyager Lending, a Small Business Lending Group Focused on SBA and USDA Loans
Lending News

Merchants & Marine Bancorp, Inc. Launches Voyager Lending, a Small Business Lending Group Focused on SBA and USDA Loans

Fintech News Desk
by Fintech News Desk0
Merchants & Marine Bancorp, Inc., the parent company of Merchants & Marine Bank, a century-old Mississippi-based financial institution, has launched Voyager Lending, a division dedicated to offering lending solutions for small business owners. “Our company’s commitment to small business owners reaches beyond standard banking services and has been a priority......
Renasant Bank Acquires Republic Business Credit
Finance News

Renasant Bank Acquires Republic Business Credit

Fintech News Desk
by Fintech News Desk0
Renasant Corporation announced that effective December 30, 2022, its wholly-owned subsidiary, Renasant Bank, has acquired Republic Business Credit (formally known as Continental Republic Capital, LLC) (“RBC”) in an all cash transaction. RBC is a market-leading commercial finance company with average earning assets in excess of $100 million. Founded in 2011,......
EvaBank Taps Lokyata’s AI Platform To Automate Loan Decisioning, Provide Greater Access To Credit To More Borrowers
Artificial Intelligence Banking News

EvaBank Taps Lokyata’s AI Platform To Automate Loan Decisioning, Provide Greater Access To Credit To More Borrowers

Fintech News Desk
by Fintech News Desk0
Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, announced that Cullman, Ala.-based, EvaBank ($396 million asset) has selected Lokyata’s AI-powered credit decisioning tools, ExcelRate and BankAnalyze, to fully automate its consumer lending process and support the bank’s mission to expand the availability of credit to members of......
Vista Credit Partners Expands Direct Lending Business with New Appointment
Investment Services Lending News

Vista Credit Partners Expands Direct Lending Business with New Appointment

Fintech News Desk
by Fintech News Desk0
Greg Galligan joins as Senior Managing Director, Vista Credit Partners Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, announced the appointment of Greg Galligan as Senior Managing Director at Vista Credit Partners. Mr. Galligan will be responsible for managing the direct......
Velocity Solutions and Allied Solutions Team up to Offer Digital Business Loan Platforms
Lending News

Velocity Solutions and Allied Solutions Team up to Offer Digital Business Loan Platforms

Fintech News Desk
by Fintech News Desk0
Velocity Solutions announces that Allied Solutions has added the Akouba and Akouba Micro digital lending platforms to its partnership portfolio, providing access to the platforms to its extensive network of financial institutions. Velocity and Allied Solutions have maintained a strategic partnership since 2015 to deliver consumer-friendly and compliant solutions to......
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