California-based fintech BlueVine announced it has doubled the credit line size for its invoice factoring product to up to $5 million, underscoring the online business lender’s push to offer fast and flexible working capital financing to small and medium-sized businesses. The company also increased the limit… Read More
Read more in: Fintech | Tagged bluevine, business lending, credit lines, eyal lifshitz, fintech
Kabbage, Inc., a global financial services, tech and data platform serving small businesses, now offers lines of credit of up to $250,000. The expanded Kabbage product aims to provide larger businesses with greater purchasing power for longer-term investments. $250,000 is reportedly the largest credit line… Read More
Read more in: Fintech, General News, Global, Investment Platforms and Marketplaces | Tagged bob sharpe, credit lines, kabbage, kathryn petralia, lending, SME
On Tuesday, Online lender to SMEs, OnDeck (NYSE:ONDK) announced it was expanding lending Canada’s small businesses by including a line of credit up to CAD$50,000 and loan term up to CAD$250,000 to help meet the growing needs of the country’s 1.1 million small businesses. In… Read More
Read more in: Canada, Investment Platforms and Marketplaces | Tagged business, canada, credit lines, loans, ondeck, small businesses, SME, sme's
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