Search Results for: business borrowers

BCL of Texas Launches Dallas Small Business Diversity Fund With $1 Million Investment From Comerica Bank
Finance News

BCL of Texas Launches Dallas Small Business Diversity Fund With $1 Million Investment From Comerica Bank

Fintech News Desk
Community Development Financial Institution (CDFI) BCL of Texas announced today that it will offer loans ranging from $10,000-$75,000 to traditionally underserved businesses. The Dallas Small Business Diversity Fund, a $1 million investment from Comerica Bank, will specifically target Dallas County women and minority-owned businesses with two or more years in operation. “Latest Fintech News: Indian Oil Corporation Limited Enhances Customer......
Bank of America Announces Small Business Down Payment Grant Program to Drive Women and Minority Business Growth
Banking News

Bank of America Announces Small Business Down Payment Grant Program to Drive Women and Minority Business Growth

Fintech News Desk
New Special Purpose Credit Program offers down payment grants for SBA 504 and 7(a) commercial real estate loans for women and minority business owners in Atlanta, Chicago, Charlotte, Dallas and Los Angeles Bank of America announced the launch of a Small Business Down Payment Grant Program to drive business growth and help create generational wealth opportunities......
Spinwheel Launches Spinwheel CARES, a Comprehensive Student Debt Solution to Help Borrowers Take the Wheel of Student Debt
Finance News

Spinwheel Launches Spinwheel CARES, a Comprehensive Student Debt Solution to Help Borrowers Take the Wheel of Student Debt

Fintech News Desk
Spinwheel, the leading intelligent embedded debt platform, announced Spinwheel CARES, its newest Student Debt API Solution to help financial services and apps prepare their customers for the end of the payment pause and take the wheel of their student debt. Latest Fintech News: Devon Energy Corporation Joins Oil and Gas Industry......
Funding Circle, Farm Bureau Bank Collaborate to Boost Small Business Lending
Banking News

Funding Circle, Farm Bureau Bank Collaborate to Boost Small Business Lending

Fintech News Desk
Farm Bureau Bank is the latest regional bank to fund small business loans originated through Funding Circle Funding Circle, a leading online small business lending platform, and Farm Bureau Bank, a financial institution focused on serving members of the Farm Bureau and their neighbors in rural communities, have announced a partnership to......
Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022
B2B Banking News

Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022

Fintech News Desk
Loan approval percentages at banks, institutional lenders, and alternative lenders have risen in every month of 2022 Small business loan approval percentages at big banks ($10m + in assets) inched upwards from 15.3% in May to 15.4% in June, while small banks’ approvals also rose from 20.9% in May to 21.1% in June, according to the latest Biz2Credit Small Business......
Funding Circle, DreamSpring Partner to Increase Access to Capital for Small Business Owners in Underserved Communities
Fintech Funding News

Funding Circle, DreamSpring Partner to Increase Access to Capital for Small Business Owners in Underserved Communities

Fintech News Desk
Online lending platform’s lending-as-a-service program expands nonprofit community development financial institution’s equitable lending reach and impact Funding Circle, one of the nation’s leading online small business loans platforms, and DreamSpring, a nonprofit community development financial institution (CDFI) with nearly 30 years of experience in community lending, have launched a new partnership......
Mountain Ridge Capital Announces Launch of Commercial Finance Business with Backing from Arena Investors
Finance News

Mountain Ridge Capital Announces Launch of Commercial Finance Business with Backing from Arena Investors

Fintech News Desk
Mountain Ridge Capital (“MRC”), an asset-based commercial finance company, announced its official launch. Strategically backed with equity from Arena Investors, LP (“Arena Investors”), Mountain Ridge Capital is focused on originating, underwriting and managing asset-based commercial loans from $5 million to $30 million in commitment size. Latest Fintech News: Designstripe Raises $10MillionFrom Insight Partners and Silicon......
Tillful Announces Partnership With Experian to Help Small Businesses Get the Credit They Deserve
B2B News

Tillful Announces Partnership With Experian to Help Small Businesses Get the Credit They Deserve

Fintech News Desk
The relationship will help small businesses establish an Experian credit file and explore adding real-time transaction and cash-flow data into traditional business credit scores Small business credit platform Tillful, backed by ING Ventures, Experian Ventures, Bitrock Capital, and Katalyst Ventures, announced today that it’s partnering with Experian® to help establish credit......
Nuula Announces Partnership With Even Financial to Power New Personal Loan Search Feature to Help Early-Stage Small Businesses
Finance News

Nuula Announces Partnership With Even Financial to Power New Personal Loan Search Feature to Help Early-Stage Small Businesses

Fintech News Desk
Nuula’s new loan search feature provides small business owners, entrepreneurs with access to offers from 30+ top lenders. Nuula, a fintech company focused on providing small businesses the tools and the capital they need to succeed, announced a new personal loan search feature that allows small business owners and entrepreneurs......
Abrigo Collaborates with Validis to Speed Up Small Business Lending Process
Lending News

Abrigo Collaborates with Validis to Speed Up Small Business Lending Process

Fintech News Desk
Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, announced an alliance with Validis, a secure data ingestion platform that pulls clients’ financial information in real-time, standardized for easy consumption. This partnership will allow financial institutions to extract general ledger data quickly and efficiently. With Validis, banks......
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