Post Tagged with: "small business lending"

Takeaways from #LenditEurope: Watch While the Next Phase Unfolds!

Takeaways from #LenditEurope: Watch While the Next Phase Unfolds!

by October 16, 2016 at 1:45 am 0 comments

The weather was beautiful in London, the location was upcoming (O2 North Greenwich) and the size of the conference was ideal. The two chairs, Peter Renton (founder of Lendit) and Christine Farnish (chair of P2PFA) were both great on stage as they covered an industry that has been tainted inRead More

Overregulation Threatens Small Business Lending [INTERVIEW]

Overregulation Threatens Small Business Lending [INTERVIEW]

by July 11, 2016 at 10:03 am 1 comment

The following is an email exchange with Glenn Goldman, a pioneer in alternative lending and CEO of Credibly, an online lender to small businesses.  More regulation is likely coming to SMB online lending. How do you respond to this? Unfortunately, there are bad actors in every industry, and I think there’sRead More

KoreConx: a Global Re-bundling Fintech Case

KoreConx: a Global Re-bundling Fintech Case

by June 7, 2016 at 2:00 am 3 comments

Crowdfunding is real. Whether it is equity or debt platforms, the trend is very much alive with regional variations and adapting regulations. A real global market opportunity The simple explanation is “Capital continues searching for investment opportunities, as deposit rates remain low” & “Companies continue searching for funding as “normal”Read More

Kabbage Scores Another European Bank with Santander UK Deal

Kabbage Scores Another European Bank with Santander UK Deal

by April 5, 2016 at 12:19 pm 2 comments

Atlanta-based small business lender Kabbage is snapping up bank deals in Europe. Yesterday, the company announced it had reached an agreement with Santander UK to serve the bank’s SME customers. This follows a similar deal with ING in Spain last October. “Kabbage’s business growth throughout Europe, the Middle East and Africa has been exponentialRead More

Marketplace Lenders Win 20% of Small Business Loan Apps, Fed Says

Marketplace Lenders Win 20% of Small Business Loan Apps, Fed Says

by March 23, 2016 at 10:34 am 3 comments

Marketplace lending has siphoned a notable share of small business lending, new research shows. According to a little-noticed report from the Federal Reserve Bank of Richmond, fully 20% of all small business loan applications are now being originated by marketplace lenders. And in loans to companies that have less thanRead More

The missing piece of the SME financing puzzle

The missing piece of the SME financing puzzle

by February 10, 2016 at 2:00 am 0 comments

Every day on my way to work I pass by a Westpac Bank branch. Usually it hardly gives me pause for thought – I’m generally far more focused on getting to my first caffeine hit for the day. But last Thursday, something in the branch’s window caught my eye. It wasRead More

Structured Products & Securitization Move Online

Structured Products & Securitization Move Online

by January 26, 2016 at 2:54 am 0 comments

“Structured finance isn’t dinner table conversation for most people — and the terminology, market dynamics and ecosystem can be imposing” -Hyung Kim, Co-Founder of Ldger Structured products are one of the tools used in financial markets to re-allocate risk and create customized payoffs that are suitable for each investor class.Read More

OnDeck Reports Little Value from Online Aggregators

OnDeck Reports Little Value from Online Aggregators

by November 4, 2015 at 11:09 am 0 comments

Historically — and by “historically” I mean since the early 2000s — aggregators have largely fueled online lending. But something seems to be happening in the online lending aggregation space, or at least aggregation of small business lending. Yesterday, OnDeck Capital reported its third quarter earnings (+67% YOY originations growth), andRead More

Live Oak Bank Leverages NCino to Speed Up Loan Process

Live Oak Bank Leverages NCino to Speed Up Loan Process

by October 21, 2015 at 12:27 pm 0 comments

Live Oak Bank’s loan process for its business customers got a lot faster today. The bank, headquartered in Wilmington, N.C., specializes in loans to small and medium businesses. It announced today that it had partnered with cloud-based banking systems provider nCino to provide a more streamlined and transparent process for itsRead More

A Community Bank Takes on Alternative Lenders

A Community Bank Takes on Alternative Lenders

by May 28, 2015 at 11:10 am 3 comments

Small businesses are proverbially difficult for banks to serve — but don’t tell that to Hugh Connelly, president of Univest Capital, a division of Univest Bank and self-described “small business growthologist.” Univest, a $2.2-billion Philadelphia-area institution, has turned to the cloud to increase efficiency in its small business lending. For Connelly, this leapRead More