Tagged: alternative lenders

Biz2Credit’s Latest Lending Index Reveals: Small Biz Loan Approval Rates at Big Banks & Institutional Investors Improve in May 2016

Online resource for small business finance, Biz2Credit, released its monthly lending index that revealed loan approval rates at big banks ($10 billion+ in assets) and institutional lenders increased while small banks, alternative lenders and credit unions experienced a drop in their loan approval rates in the last… Read More

Biz2Credit’s Latest Small Business Lending Index Confirms: Loan Approvals at Big Banks Continue to Climb

On Tuesday, a small business financial technology platform, Biz2Credit, released its latest Small Business Lending Index, which revealed that loan approval rates at big banks and institutional lenders have hit new highs in March 2016. According to the report, big banks ($10 billion+ in assets) approved 23% of funding… Read More

Funding Circle Plans London-listed Fund, Aims to Raise £150 Million

British peer-to-peer lender Funding Circle announced its plan to raise £150 million ($229 million) through the launch of a new London-listed fund that will provide loans to small businesses. Once launched, With its eyes set on listing on the London Stock Exchange, Funding Circle would become the… Read More

Biz2Credit’s July Small Business Lending Index Reveals Institutional Investors Dominating Market

Small business loan approval rates through institutional investors and alternative lenders remained higher than any other category in July 2015, according to the Biz2Credit Small Business Lending Index, the monthly analysis of 1,000 loan applications on Biz2Credit.com. Both categories approved approximately 61% of Biz2Credit’s total… Read More