Predatory lending, Interest, Finance, Small business, Loan, Default

Lendio Lands $55 Million to Match Small Businesses with Lenders

On Feb 27, 2020
@Finovate shared
[email protected] lands $55 million to match small businesses with lenders https://t.co/E449IZhaKg
Open

Online marketplace for small business loans Lendio landed $55 million in combined debt and equity funding today. The investment more than doubles the company’s previous funding, bringing its total to $108.5 million. ...

finovate.com
On Feb 27, 2020
@Finovate shared
[email protected] lands $55 million to match small businesses with lenders https://t.co/E449IZhaKg
Open

Lendio Lands $55 Million to Match Small Businesses with Lenders

Online marketplace for small business loans Lendio landed $55 million in combined debt and equity funding today. The investment more than doubles the company’s previous funding, bringing ...

Lendio plans to use $55 million in fresh funding to expand its bookkeeping platform

Lendio raised $55 million and wants to use the fresh capital to expand its bookkeeping platform functions and enhance its lender service division.

India’s Aye Finance raises $10m debt from Swiss impact investor

Funds raised will be used for growth, to lend more and build a profitable loan book, said Sanjay Sharma, MD, Aye Finance.

iwoca issues £1 billion in funding to over 30,000 small businesses

iwoca, one of Europe’s largest business lenders, announced today that it has lent more than £1 billion to small businesses since launch in 2012. The UK-based small business lender has now ...

Online Lender Funding Circle Securitizes $252 Million in US SME Loans

Funding Circle (LSE:FCH), an online lender servicing SMEs in the UK, US, Germany and the Netherlands, has securitized $252 million in US business loans, according to a note from the ...

Lendio Moves Headquarters from South Jordan to Lehi, Utah

Lendio announced today the relocation of its headquarters to Lehi, Utah, with plans to hire another 100 employees in the coming year.

What Is a Good Interest Rate for Small Business Financing?

If you need a small business loan, you don’t want to pay more for the funding than is necessary. Find out what makes for a good interest rate and APR for the most popular financing options.

Newark-Based Fintech Startup Credibility Capital is Disrupting Small Business Lending

It was a big deal when fintech company Credibility Capital moved to Newark from lower

Choose the Best Small Business Loan for your Needs

Specific loans can help you start or improve your small business.

Meet Atomic Loans: The First Decentralized Bitcoin-Backed Loans

Join us in our mission in bringing decentralized finance to Bitcoin!

Treasury's plan to legitimize online lenders is good for small businesses

The federal government announced last month that it will allow online lenders to apply for banking charters