Tag : Business Lending

FinSS Global Announces Partnership With Uplinq
Fintech Lending News

FinSS Global Announces Partnership With Uplinq

Fintech News Desk
by Fintech News Desk0
Australian technology and digital transformation firm, Fintech Solutions and Services Global (FinSS Global) is delighted to announce a partnership with Uplinq, the first global credit assessment platform for SME lenders. The partnership signifies the technology companies’ joint mission in helping banks and lenders deliver lending innovation and financial inclusion for their small business customers, the backbone......
BayFirst Financial Corp. Launches LoanBud, a Nationwide Lender Focused on Serving the Self-Employed
Lending Mortgage News

BayFirst Financial Corp. Launches LoanBud, a Nationwide Lender Focused on Serving the Self-Employed

Fintech News Desk
by Fintech News Desk0
BayFirst Supports America’s Freelance Economy and Small Business Owners with Alternative Mortgage Qualification Options and SBA Loans BayFirst Financial Corp. announced that First Home Bank (d/b/a BayFirst Bank), its wholly-owned subsidiary, has launched LoanBud, a lending division designed specifically to serve self-employed homebuyers and small business owners across the U.S. LoanBud......
MX and Boss Insights Partner to Accelerate Business Lending and Insights with Access to Real-time Financial Data
Lending News

MX and Boss Insights Partner to Accelerate Business Lending and Insights with Access to Real-time Financial Data

Fintech News Desk
by Fintech News Desk0
Open Finance API provides access to more than 1,000 data sources in accounting, commerce, and payroll, such as QuickBooks, Xero, Shopify, Stripe, and Amazon MX, the leader in Open Finance, and Boss Insights, a leader in business data aggregation, are partnering to provide small-to-medium-sized businesses (SMB) access to real-time financial......
Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022
Business Lending News

Biz2Credit Small Business Lending Index for March 2022 Finds Approval Rates Rise Again at Banks

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10m + in assets) rose from 14.7% in February to 14.9% in March, and small banks’ approvals also increased from 20.5% in February to 20.6%, according to the latest Biz2Credit Small Business Lending Index™ released. Among several categories of non-bank lenders, approval percentages also climbed. Institutional lenders approved 25.3% of funding requests in March, up......
MoneyLion Appoints Mark Torossian as Chief Accounting Officer
Finance News

MoneyLion Appoints Mark Torossian as Chief Accounting Officer

Fintech News Desk
by Fintech News Desk0
MoneyLion Inc., an award-winning, data-driven, digital financial platform, announced that Mark Torossian has been appointed Chief Accounting Officer, effective April 1, 2022. Mark will oversee MoneyLion’s accounting and reporting functions and report to Rick Correia, MoneyLion’s Chief Financial Officer. Torossian joined MoneyLion in January 2022 with over 16 years of......
Zvilo Signs Terms to a €50 Million Debt Facility With a London-Based Fintech Fund
Lending News

Zvilo Signs Terms to a €50 Million Debt Facility With a London-Based Fintech Fund

Fintech News Desk
by Fintech News Desk0
New facility terms secured as Zvilo prepares to scale its SME supplier lending in the Balkans Credit-led challenger, Zvilo, has signed a term sheet for a new debt facility of up to €50m with a leading London-based alternative asset management company. Zvilo is transforming business lending in the Balkans by......
Cadence Bank and NCRC Announce $20.7 Billion Community Benefits Plan
Banking Lending News

Cadence Bank and NCRC Announce $20.7 Billion Community Benefits Plan

Fintech News Desk
by Fintech News Desk0
Cadence Bank announced its 2022-2026 Community Benefits Plan—developed in collaboration with the National Community Reinvestment Coalition (NCRC)—building on its longstanding commitment to support traditionally underserved communities, including low- and moderate-income (LMI) neighborhoods, people of color, and small businesses. The $20.7 billion five-year plan includes provision for mortgage lending, small business lending,......
Funding Circle and Nationwide Launch Innovative Partnership
Lending News

Funding Circle and Nationwide Launch Innovative Partnership

Fintech News Desk
by Fintech News Desk0
Funding Circle, a leading online small business lending platform in the U.S., and Nationwide, one of the nation’s longest-standing insurance and financial services companies, announced the launch of a brand new partnership specifically designed to improve access to much-needed capital and business insurance resources and services for American small business owners.......
Umpqua Bank Contributes $15.5 Million to Washington's Small Business Flex Fund
Banking Fintech Funding News

Umpqua Bank Contributes $15.5 Million to Washington’s Small Business Flex Fund

Fintech News Desk
by Fintech News Desk0
This additional private-sector commitment brings the fund’s total to $85.5 million for the first-of-its-kind state small business lending program The Small Business Flex Fund announced that it has received $15.5 million in committed capital from Umpqua Bank. The Flex Fund has now raised a total of $85.5 million that will benefit small businesses and......
Biz2Credit Small Business Lending Index  Finds Loan Approval Rates Rose at Banks and at Institutional and Alternative Lenders in July
Lending News

Biz2Credit Small Business Lending Index for December Finds Loan Approval Rates Continue to Rise, But at Slow Pace

Fintech News Desk
by Fintech News Desk0
Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in December 2019 Small business loan approval percentages at big banks ($10 + in assets) increased from 14.2% in November to 14.3% in December, and small banks’ approvals also rose from 19.9% in November to 20.1% in December, according to the latest Biz2Credit Small Business Lending Index™ released today. Among several categories of non-bank......
1