Tagged: small businesses

November 24, 2015 @ 10:39 am By Samantha Hurst  |  

On Tuesday, small business lending platforms Dealstruck and Lendio, announced the release of their joint eBook, “Small Business Lending in the Digital Age,” which focuses on strengths, weaknesses, and projections regarding the online small business lending industry. Ethan Senturia, CEO of Dealstruck, stated: “Small businesses are the backbone of… Read More

November 3, 2015 @ 3:21 pm By Samantha Hurst  |  

On Tuesday, London Stock Exchange Group (LSEG)  announced that over 40 companies joined its support program for inspiring growth businesses, ELITE. Among the program’s new businesses was equity crowdfunding platform, Crowdcube. The ELITE program offers businesses services to help them grow, this includes education, training and… Read More

October 26, 2015 @ 3:06 pm By Samantha Hurst  |  

Biz2Credit, an online platform for small business funding, announced at the Money20/20 conference a partnership with Customers Bank (NYSE: CUBI), a community-based, full-service bank with assets of approximately $7.6 billion. Biz2Credit will power a fully digital experience for the bank’s small business customers and bank staff. Biz2Credit and… Read More

September 25, 2015 @ 9:11 am By Samantha Hurst  |  

Online small business lender, Herio Capital, announced this week that it has funded over $10 million to American entrepreneurs in 2015. This milestone comes after another record month of origination volume for the firm, in which Herio funded $3 million to borrowers. Sherif Hassan, founder and managing partner… Read More

September 23, 2015 @ 2:30 pm By Samantha Hurst  |  

Lendio, a lending marketplace for small business loans, recently released Lender Ratings and Reviews and Small Business Loan Calculators to assist business owners in their search for the best financing to fuel their dreams. These new tools provide a platform for borrowers to research a… Read More

September 17, 2015 @ 10:12 am By Samantha Hurst  |  

Intuit Inc. (NASDAQ:INTU) is partnering with OnDeck  (NYSE: ONDK), a leading platform for small business loans, to launch the new QuickBooks Financing Line of Credit to provide faster access to lower-rate small business loans. This first-of-its-kind financing solution enables small businesses to use their QuickBooks… Read More

June 22, 2015 @ 3:21 pm By Samantha Hurst  |  

On Monday, lending platform Biz2Credit.com announced that it has surpassed the 200,000 benchmark of small- and mid-sized businesses registered in its client network. The company, which has now arranged more than $1.2 billion financing, also has revamped its patented BizAnalyzer™ tool, which evaluates the financial strength of… Read More

May 14, 2015 @ 2:28 am By Midori Yoshimura  |  

In a Wednesday hearing titled “Bridging the Small Business Capital Gap: Peer-to-Peer Lending,” Funding Circle‘s co-founder and managing director Sam Hodges presented to the House Committee on Small Business​. According to the committee’s website, “The purpose of the hearing was to examine the rise of peer-to-peer lending platforms… Read More

March 26, 2015 @ 1:49 am By Midori Yoshimura  |  

If your small firm is rejected for a bank loan in Britain next year, consider hearing out the bank’s entire response: There are alternatives. A British government scheme that requires banks to refer small firms rejected for loans to alternative finance providers is expected to be underway by… Read More

January 21, 2015 @ 8:53 am By Samantha Hurst  |  

Victory Park Capital (VPC), an asset management firm focused on middle market debt and equity investments, announced today that it will invest up to £150 million in loans originated by Assetz Capital under a new five year contract. Assetz Capital is a peer-to-peer lending platform that combines traditional… Read More