Tag : lending options

Yendo Secures $24 Million in Series A Financing, Led by FPV Ventures
Finance News

Yendo Secures $24 Million in Series A Financing, Led by FPV Ventures

Business Wire
by Business Wire0
Yendo will expand access to affordable credit to the millions of Americans who have historically been excluded from the traditional credit system Yendo, the company that created the first-ever vehicle-secured credit card, announced the closing of its $24 million in Series A financing, led by FPV Ventures, along with existing......
Cambridge Savings Bank Provides BFC Solutions with a Senior Credit Facility to Fund Extensive Growth
Banking News

Cambridge Savings Bank Provides BFC Solutions with a Senior Credit Facility to Fund Extensive Growth

Business Wire
by Business Wire0
Financing will allow the HVAC preventative maintenance company to repay existing debt and provide working capital to the business Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, announced that its Asset-Based Lending team (ABL) provided a senior credit facility to BFC Solutions (BFC), a national......
CFPB Issues Determination that State Disclosure Laws on Business Lending are Consistent with the Truth in Lending Act
Lending News

CFPB Issues Determination that State Disclosure Laws on Business Lending are Consistent with the Truth in Lending Act

Fintech News Desk
by Fintech News Desk0
New York law – as well as similar laws in California, Utah, and Virginia – are not preempted by federal law The Consumer Financial Protection Bureau (CFPB) announced it has determined that state disclosure laws covering lending to businesses in California, New York, Utah, and Virginia are not preempted by......
Newrez and Shelter Mortgage Announce New Joint Venture Lender Carnegie Mortgage Partners
Lending Mortgage News

Newrez and Shelter Mortgage Announce New Joint Venture Lender Carnegie Mortgage Partners

Fintech News Desk
by Fintech News Desk0
Newrez LLC, a national mortgage lending and servicing organization, announced the formation of its newest joint venture mortgage company, Carnegie Mortgage Partners, LLC, in partnership with Keller Williams Bergen County Partners. “The alliance with Newrez, one of the country’s top mortgage lenders and loan servicers, will empower Carnegie Mortgage Partners......
Cambridge Savings Bank Provides Artist & Craftsman Supply with a $4 Million Revolving Line of Credit to Pursue Strategic Growth Initiatives
Banking Lending News

Cambridge Savings Bank Provides A&C Supply with a $4 Million Revolving Line of Credit to Pursue Strategic Growth Initiatives

Fintech News Desk
by Fintech News Desk0
The employee-owned arts and crafts retailer will leverage the credit line to support rebounding sales following the Covid-19 pandemic Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, announced that its Asset-Based Lending team provided a $4 million revolving line of credit to Artist &......
Marqeta 2022 State of Credit Report: Cost of Living Worries Weigh Heavily on US Consumers
Lending News

Cost of Living Worries Weigh Heavily on US Consumers, As New Lending Options Provide Important Financial Support For Many

Fintech News Desk
by Fintech News Desk0
The dueling anxieties of cost of living increases and rising interest rates are weighing heavily on consumers, and the quickly evolving credit card and BNPL markets are becoming increasingly important to their financial wellbeing, according to a new survey published by Marqeta, the global modern card issuing platform. The company......
Finastra Collaborates With Microsoft to Bring Embedded Financing Options to Thousands of Businesses With BaaS
Banking News

Finastra Collaborates With Microsoft to Bring Embedded Financing Options to Thousands of Businesses With BaaS

Fintech News Desk
by Fintech News Desk0
Small and medium enterprises will be able to access vital funding options faster, from within Microsoft Dynamics 365 Finastra announced a Banking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs) – a sector severely underserved when it comes to......
PayBito to Offer Technical Support in Building a Major US Gaming Exchange Venture
Blockchain News

PayBito to Offer Technical Support in Building a Major US Gaming Exchange Venture

Fintech News Desk
by Fintech News Desk0
The international digital assets exchange will collaborate and extend its blockchain facilities for the construction of a Gaming Exchange Global cryptocurrency exchange PayBito will be providing its technical expertise in a major gaming exchange venture based in the US. The digital assets exchange will deliver its blockchain gaming architecture to create a......
Stratyfy Announces Partnership With GradFin to Drive More Transparency in Student Lending
Lending News

Stratyfy Announces Partnership With GradFin to Drive More Transparency in Student Lending

Fintech News Desk
by Fintech News Desk0
Growing fintech will power GradFin’s hands-on approach with advanced machine learning technology Stratyfy is proud to announce its newest customer, GradFin, on its mission to bring greater transparency and less bias to critical financial decisions that impact millions of people. The partnership will leverage each company’s unique strengths to help student loan......
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