Tagged: sme’s

April 11, 2018 @ 3:53 pm By JD Alois  |  

Securities and Exchange Commission Chair Jay Clayton re-affirmed his commitment to bolster the environment for smaller companies to more easily raise the growth capital they need and to help foster a more conducive IPO market for SMEs. Speaking at an Equity Market Structure Symposium in… Read More

April 9, 2018 @ 2:31 pm By Samantha Hurst  |  

Lendr, a provider of flexible working capital to small- and medium-sized businesses, specializing in business finance and factoring solutions, announced on Monday it has launched a new business debit card product to service its growing client base.   Lendr reported that the ability to fund business owners in… Read More

January 26, 2018 @ 9:59 am By Samantha Hurst  |  

Online balance sheet lender, Nucleus Commercial Finance, reportedly lent £350 million in 2017. Founded in 2011, the lender revealed its platform was created in order to provide UK SEMs with alternative funding options. It was revealed: “At Nucleus, we combine the stability of bank finance with the… Read More

October 27, 2017 @ 3:20 pm By Samantha Hurst  |  

ING announced this week it has started to offer online lending to small and medium enterprises (SMEs) in France and Italy. According to ING, this proposition fits its strategy to grow its lending business to SMEs and creating a differentiating customer experience. The offering has… Read More

September 28, 2017 @ 1:30 pm By Samantha Hurst  |  

Last week, ABN AMRO announced the launch of its new SMEs initiative, New10. According to the company, New10 allows SMEs to know within 15 minutes whether they qualify for a loan and under what terms and conditions. ABN AMRO noted New10 meets the needs of this group… Read More

August 3, 2017 @ 11:31 am By JD Alois  |  

Square (NYSE:SQ) reported Q2 earnings yesterday. The company topped expectations by posting a loss of ($0.04) a share versus an expected loss of ($0.05) a share. While the company entered its existence as a streamlined payments processor for everyone, Square has quickly morphed into a… Read More

July 24, 2017 @ 6:05 am By Erin Hobey  |  

Last month Michael Koenitzer joined Global Debt Registry (GDR) as its Director of Business Development in the new New York office.  Since joining the GDR team he has focused on building and supporting customer relationships with key investor accounts and senior lenders. Koenitzer joined GDR with… Read More

March 27, 2017 @ 2:04 pm By Samantha Hurst  |  

German-based SME lending platform Bitbond and African payment services provider BitPesa announced on Monday they have formed a new partnership to improve access to African SMEs financing.  Bitbond stated that by working with BitPesa, borrowers who receive funding on its lending platform can now have their loan… Read More

March 10, 2017 @ 7:55 am By JD Alois  |  

PwC’s Accelerator has published the first edition of their SME Equity Financing Atlas.  According to their data, equity investments in SMEs have been growing steadily over the last years. The main drivers are the accumulation of capital in investor’s hand, new technologies and low-interest rates…. Read More

February 24, 2017 @ 11:56 am By JD Alois  |  

As traditional banks reduce their physical presence across the country some online lenders are increasing their brick and mortar operations.  Assetz Capital is investing in their regional team and, in fact, grew their numbers by 110% during 2016. Stuart Law CEO and co-founder of the P2P… Read More

February 20, 2017 @ 2:20 pm By Therese Torris  |  

At the onset of the marketplace lending market, lending to businesses was equated with lending to small and very small businesses: businesses at the low end of the small and medium-size enterprise (SME) market who were borrowing on average under €100,000.  However, as the alternative lending… Read More

February 16, 2017 @ 8:26 am By Samantha Hurst  |  

LendingCrowd, one of the UK’s fastest-growing alternative finance lenders to the SME market, announced on Thursday it launched one of the first Innovative Finance ISAs (IFISAs) by a peer-to-peer lender with a target rate of return of 6% a year. The online lender revealed that with… Read More

February 15, 2017 @ 11:16 am By Samantha Hurst  |  

Royal Bank of Scotland’s NatWest announced it is set to launch its very own digital SME lending platform called Esme. The new platform is notably set to offer new and existing NatWest customers with unsecured loans that are worth up to £150,000 for a maximum… Read More

February 14, 2017 @ 8:23 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has announced regulatory changes to boost the resilience of finance companies and enhance their ability to provide financing to small and medium-sized enterprises (SMEs). The financial regulator said that some finance companies fill an important niche in providing access… Read More

November 7, 2016 @ 2:46 pm By Samantha Hurst  |  

Lidya, an online financial services platform, officially went live on Monday and is now issuing loans to SMEs. The new website was created by the founders of Africa Courier Express (ACE), Tunde Kehinde and Ercin Eksin. The founders of Lidya revealed its first product is a… Read More

June 9, 2016 @ 7:20 am By Samantha Hurst  |  

On Wednesday (June 8), the Monetary Authority of Singapore (MAS) announced it is revamping the country’s crowdfunding industry by offering new ways for small and medium enterprises (SMEs) to gain access to funds through securities-based crowdfunding (SCF) platforms easier. MAS stated in a press release it… Read More

May 24, 2016 @ 9:04 am By Samantha Hurst  |  

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

April 13, 2016 @ 1:00 pm By Samantha Hurst  |  

This week, Singapore-based crowdfunding platform, CoAssets, hosted its first annual SME CORE (Capitalising Opportunities & Realising Expectations). This event aims to provide SMEs with perspective, business solutions and information from public and private sectors.   Topics discussed included the following: SME Financing and Support, Leveraging Human Resources and… Read More

December 1, 2015 @ 12:14 pm By Erin Hobey  |  

Just over a year after securing a $2M seed round, Mirador today announced that the completion of a Series A round of financing. The $7 million investment was led by Core Innovation Capital, with participation from Nyca Partners and Jump Capital. Initial seed investors Collaborative Fund, Wicklow… Read More

November 6, 2015 @ 11:05 am By Erin Hobey  |  

Milan-based Assiteca Crowd, one of the first platforms equity crowdfunding authorized by Consob, launched “Assiteca Crowd Startup Showcase,” a contest offering startups and innovative SMEs the opportunity to finance itself on the platform also receiving assistance with accompanying free path.  The crowd will help determine the… Read More