May 9, 2017 @ 2:17 pm By Samantha Hurst  |  

On Tuesday, Biz2Credit released its latest small business lending index which revealed loan approval rates at big banks ($10 billion-plus in assets) rebounded in April 2017 after a setback month. The company reported that small business loan approval rates at big banks increased by two-tenths of… Read More

Read more in: Crowdfunding Portals, General News  |  Tagged 2017, april, biz2credit, lenders, loans, rohit arora, small businesses

May 3, 2017 @ 10:24 am By Samantha Hurst  |  

PayPal announced on Monday the launch of its new small business toolkit, Business in a Box. This news comes just after the payment giant revealed its PayPal Working Capital helped over 115,000 businesses around the world access more than $3 billion in loans and cash… Read More

Read more in: General News, Global  |  Tagged business in a box, paypal, paypal working capital, small businesses, woocommerce, xero

May 2, 2017 @ 12:05 pm By Samantha Hurst  |  

Biz2Credit announced on Tuesday it named New York City the 2017 Best Small Business City in America. According to the company, this vote was based on a weighted average that includes annual revenue, credit score, age of business (in months), and a BizAnalyzer score that factors in cash… Read More

Read more in: Crowdfunding Portals, General News  |  Tagged biz2credit, new york city, rohit arora, small businesses, u.s., united states

May 1, 2017 @ 1:40 pm By Samantha Hurst  |  

Marketplace lending platform Lendio announced on Monday its annual list of Top 10 Best States For Small Business Lending. The list is based on the lending data from the lender’s platform, which matches small businesses with over 75 lenders. Speaking about the list, Brock Blake,… Read More

Read more in: Crowdfunding Portals, General News  |  Tagged brock blake, lendio, online lending, small business lending, small businesses

April 14, 2017 @ 9:19 am By Samantha Hurst  |  

Fifth Third Bank announced on Thursday an investment and expanded partnership with nonprofit small business lender network, Accion U.S. Network, to support lending to underserved small businesses in Florida, Indiana, Illinois, Michigan, and Ohio. The bank revealed that the partnership highlights its focus on championing… Read More

Read more in: General News  |  Tagged accion, byna elliott, fifth third bank, gina harman, kala gibson, small businesses, u.s.

April 11, 2017 @ 11:04 am By Samantha Hurst  |  

Biz2Credit announced on Tuesday that its latest small business lending index revealed that loan approval rates at institutional investors and small banks improved in March 2017. Big banks’ ($10 billion-plus in assets) loan approval was stagnant during the month but remained at an all-time Index… Read More

Read more in: Crowdfunding Portals, General News  |  Tagged banks, biz2credit, march 2017, rohit arora, small businesses

April 6, 2017 @ 9:52 am By Samantha Hurst  |  

Crowdfunding platform Wefunder announced on Thursday it is set to host a 12-city tour of live, in-person funding events for small businesses. The funding portal noted that the events are much like demo days that are hosted by accelerators. According to Wefunder, the 12-city events’… Read More

Read more in: Crowdfunding Portals, Offerings, Strategy  |  Tagged events, nick tommarello, small businesses, wefunder

March 15, 2017 @ 11:40 am By Samantha Hurst  |  

On Wednesday, Biz2Credit announced its latest small business lending index revealed that loan approval rates at big banks ($10 billion+ in assets) improved to new post-recession highs in February 2017. The index also reported small banks and institutional investors also experienced an uptick in their loan approval… Read More

Read more in: Crowdfunding Portals, General News  |  Tagged 2017, biz2credit, february, lending, rohit arora, small businesses

February 14, 2017 @ 9:05 am By Samantha Hurst  |  

Marketplace for small business loans, Lendio, announced on Tuesday the results of its latest survey, which showed that small business owners’ perception of Trump’s presidency three weeks in is split. According to the survey, 56% of small business owners stated they believe the economy will… Read More

Read more in: Crowdfunding Portals, General News  |  Tagged brock blake, lendio, president trump, small businesses, survey

February 13, 2017 @ 10:05 am By Samantha Hurst  |  

Online lending platform OnDeck (NYSE: ONDK) announced on Monday it formed a partnership with financial services and software for small businesses provider, Wave, to launch “Lending By Wave” small business financing program to customers in the U.S. and Canada. The duo revealed that under the… Read More

Read more in: Crowdfunding Portals  |  Tagged charlie deutsch, kirk simpson, ondeck, partnership, small businesses, wave

February 7, 2017 @ 10:45 am By Samantha Hurst  |  

Loan approval rates at big banks ($10 billion+ in assets) picked up where they left off in 2016, improving to post-recession highs in January 2017, according to the most recent Biz2Credit Small Business Lending Index. This monthly report analyzed over 1,000 small business loan applications on… Read More

Read more in: General News  |  Tagged banks, biz2credit, online lending, rohit arora, small businesses

January 27, 2017 @ 8:51 am By Samantha Hurst  |  

Marketplace lender Lendio announced on Thursday the winner of its National Scholarship to Small Business Families. As previously reported, the scholarship national is dedicated to supporting small business owners and their families.  Lendio reported that Julian Miyata, a U.S. Coast Guard member currently attending the University of… Read More

Read more in: Crowdfunding Portals  |  Tagged brock blake, lendio, scholarship, small businesses

January 5, 2017 @ 9:30 am By Samantha Hurst  |  

Funding Circle announced on Thursday that government-owned British Business Bank would begin lending a further £40 million directly to small businesses through the marketplace lending platform. The website confirmed that this news comes less than two years after an initial £40 million investment by the British Business… Read More

Read more in: Crowdfunding Portals  |  Tagged british business bank, funding circle, marketplace lending, online lending, p2p lending, small businesses, uk, united kingdom

December 22, 2016 @ 9:04 am By Samantha Hurst  |  

On Thursday, Bizfi announced it hit a new milestone by surpassing $2 billion in financing, through both growth and working capital, to more than 35,000 small businesses across America. Launched in 2015, Bizfi’s marketplace provides small business owners with access to multiple finance options from over… Read More

Read more in: Crowdfunding Portals  |  Tagged bizfi, financing, john donovan, milestone, small businesses, stephen sheinbaum

December 16, 2016 @ 4:53 pm By Samantha Hurst  |  

Less than a week after LendingTree launched its $50,000 small business grant contest; Bizfi announced it has teamed up with the online lender for the contest. According to Bizfi, LendingTree is one of the 45 funding partners of its marketplace for small business finance. LendingTree stated… Read More

Read more in: Crowdfunding Portals, General News  |  Tagged bizfi, contest, lendingtree, small businesses

December 16, 2016 @ 9:22 am By Samantha Hurst  |  

On Thursday, small business financing marketplace Nav announced Bank of America has officially joined its platform. The lender revealed it now has the most business financing options available in one location, streamlining access to over 100 business credit cards and business loan products. According to… Read More

Read more in: General News  |  Tagged bank of america, levi king, nav, small businesses

December 15, 2016 @ 2:54 pm By Samantha Hurst  |  

Small business lender, Merchant Money Company (MMC), announced on Wednesday it appointed Lynn Fernandez as its new Chief Credit Officer. Fernandez reportedly joins MMC from VEDC, where she was Vice President of Lending for more than five years. She was responsible for leading the firm from a… Read More

Read more in: General News  |  Tagged appointment, everett k. sands, lynn fernandez, mcc, merchant money company, small businesses

December 13, 2016 @ 12:14 pm By Samantha Hurst  |  

On Tuesday, Biz2Credit released its latest small business lending index, which reportedly revealed that loan approval rates at big banks and institutional lenders continued their recent surge and improved to new highs last month (November 2016). The monthly analysis was conducted on over 1,000 small… Read More

Read more in: General News  |  Tagged 2016, biz2credit, loans, november, rohit arora, small businesses

December 9, 2016 @ 12:59 pm By Samantha Hurst  |  

LendingTree announced this week the launch of its new small business grant contest. The online lending platform revealed it is offering support in the form of a $50,000 grant to help one small business continue to grow. The platform stated it is looking for a small… Read More

Read more in: Crowdfunding Portals, General News  |  Tagged contest, grant, lendingtree, small business loan marketplace, small businesses

December 8, 2016 @ 2:54 pm By Samantha Hurst  |  

Marketplace for small businesses Lendio announced on Thursday  the results of its latest survey showing that small business retailers also have a positive outlook about this holiday season. According to Lendio, the survey observed retailers with under 100 employees and 87% of the small businesses… Read More

Read more in: Crowdfunding Portals, General News  |  Tagged brock blake, lendio, small businesses, study