Tagged: small businesses

December 12, 2019 @ 9:11 am By Samantha Hurst  |  

Camino Financial, a U.S.-based online small business lender, announced on Wednesday it raised $8 million through its Series A funding round, which was led by Crédito Real. Founded in 2014, Camino Financial offers business loans and solutions to help small businesses grow. The platform further… Read More

December 10, 2019 @ 8:23 am By Samantha Hurst  |  

Equity crowdfunding platform Seedrs announced on Monday it has formed a new partnership with GS1 UK to help support small business growth in the UK. GS1 UK describes itself as a community of more than 38,000 members working in the retail, healthcare, SME and Marketplaces…. Read More

October 25, 2019 @ 7:57 am By Omar Faridi  |  

London-based Capital On Tap, a Fintech firm that provides working capital including loans and credit cards to small businesses, recently reached a milestone of lending £1 billion to small companies since the firm began operating in 2012.  Capital On Tap had lent £500 million by… Read More

October 16, 2019 @ 4:15 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Wednesday it has provided more than 10,000 Kiva micro-loans to entrepreneurs in the developing world through Lendio Gives. Lendio reported that its Lendio Gives is an employee donation and employer matching program focused on facilitating global entrepreneurship. To… Read More

October 1, 2019 @ 10:46 am By Samantha Hurst  |  

Global financial institution, Royal Bank of Canada (RBC), announced on Tuesday it has rolled out mobile enhancements specifically for small business owners. According to RBC, the enhancements will help business owners receive financial insights and allow them to manage their business financials. While sharing more… Read More

September 30, 2019 @ 1:14 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Monday its latest study revealed that Hispanic business owners are hungry for growth capital. The lender reported that the study, which included more than 5,000 of Lendio’s small business customers, reveals a spike in loan inquiries from Hispanic… Read More

September 20, 2019 @ 8:46 pm By Samantha Hurst  |  

Esme Loans, NatWest’s standalone digital lending platform for SMEs and scale-up businesses, announced this week it has increased its credit appetite with the maximum loan amount moving to £250,000 from £150,000 to support more UK SMEs.  According to NatWest, Esme Loans has lent over £70million… Read More

September 18, 2019 @ 4:31 pm By Samantha Hurst  |  

Payment process platform Square announced earlier this week its new free tool available to small business owners all over the U.S., the EIN Assistant from Square Payroll.  According to Square, the EIN Assistant simplifies and streamlines the process of filling out the dense, legalese-filled forms required… Read More

September 18, 2019 @ 1:16 pm By Samantha Hurst  |  

Nav, a business financial management app that helps small business find the best financing by giving them free access to business and personal credit reports from major commercial and consumer credit bureaus, announced on Wednesday its new solutions that help small business owners boost their… Read More

September 13, 2019 @ 10:51 pm By Samantha Hurst  |  

OnDeck (NYSE: ONDK), a small business online lending platform, announced on Friday its latest survey reveals that the economy is a top concern for small businesses ahead of next year’s presidential election. According to OnDeck, the survey is the first in a series that the… Read More

September 11, 2019 @ 3:28 pm By Samantha Hurst  |  

Global financial service platform Kabbage announced this week the launch of its new Small Business Revenue Index. According to Kabbage, the index has two million live data connections the platform maintains across its customer base of more than 200,000 small businesses. “The Kabbage Small Business… Read More

September 3, 2019 @ 3:03 pm By Samantha Hurst  |  

Global financial service platform Kabbage announced on Tuesday it has acquired Radius Intelligence, a  small-business data platform. Kabbage reported that the acquisition allows it to more deeply understand and serve small businesses as it adds insights from more than 20 million U.S. small businesses to… Read More

August 28, 2019 @ 2:50 pm By Samantha Hurst  |  

Radius Bank, a virtual bank focused on providing clients with banking solutions to better financial health, announced on Wednesday it has formed a new partnership with NorthOne, a mobile-first, API-enabled banking platform to create small business checking accounts. Radius Bank reported the partnership is the… Read More

August 20, 2019 @ 4:15 pm By Samantha Hurst  |  

Australian banking group Westpac announced on Tuesday it has teamed up with Business Spend Management (BSM) company Coupe to help businesses more efficiently manage their spending within a comprehensive cloud platform. Westpac reported that through the partnership both it and Coupe will enable customers to… Read More

August 14, 2019 @ 9:59 am By Samantha Hurst  |  

Lendio Franchising, Lendio’s marketplace lending franchise program, announced on Tuesday it has facilitated $50 million in loans to over 1,800 small businesses around the U.S. According to Lendio, the  loans through the franchise provide a boost to small businesses in industries ranging from healthcare to… Read More

August 7, 2019 @ 10:12 am By Samantha Hurst  |  

Online lending platform Biz2Credit announced on Tuesday the release of its Biz2Credit Small Business Lending Index, which revealed approval rates for small business loan applications rose to another post-recession record (27.7%) at big banks ($10 billion+ in assets), while also climbing above 50% at small… Read More

August 4, 2019 @ 10:54 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced last week the release of its SMB Economic Insights report for 2019’s second quarter. The latest report revealed that small business loan inquiries increased by 57% over the previous three-quarter average, indicating small business owners continued appetite for growth… Read More

July 14, 2019 @ 10:11 pm By Samantha Hurst  |  

OnDeck Canada announced last week it has formed a new partnership with Canadian credit union, Coast Capital Savings, to accelerate online lending to Coast Capital small business members. According to OnDeck Canada, Coast Capital Savings small business members may now apply for term loan financing… Read More

July 11, 2019 @ 2:19 pm By Samantha Hurst  |  

Mastercard announced on Thursday it is expanding its partnership with cloud-based platform Zoho to bring small business owners around the world products and services to make running their enterprise easier, more efficient and more profitable. “Every business is on a quest to increase efficiency and… Read More

July 1, 2019 @ 10:55 am By Samantha Hurst  |  

Online lending platform Funding Circle announced last week it has partnered with Aviva Finans AB to pledge €50 million towards funding loans for German and Dutch small businesses. According to Funding Circle, the investment agreement facilitates the initial €50 million in small business loans over… Read More