Small Business Loan Approvals at Big Banks Hit New High: Biz2Credit Small Business Lending Index – Unlike other surveys, the results are based on primary data submitted by more than 1,000 small business owners who applied for funding on Biz2Credit’s online lending platform, which connects business.
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Kabbage raises a record $700 million in debt for its SMB loans platform – It notes that the most senior class of the five-tranche transaction earned an AA(sf) rating from Kroll Bond Rating Agency, “the highest ABS rating earned by a small business online lending platform.
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About 10 Minutes is All it Takes: Bank of the West’s FinTech Solution Delivers Small Business Express Lending – Fast, Easy Access to Capital – SAN FRANCISCO, April 4, 2019 /PRNewswire/ — Bank of the West announced today the launch of Small Business Express Lending- an online platform designed for small businesses seeking business capital..
Direct Lending Fund Sued for Allegedly Inflating Returns – The firm reported its conclusions to regulators. Those valuations — tied to Direct Lending’s investment in online small-business lender QuarterSpot Inc.– are the focus of the SEC’s complaint. From.
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