Small Business

Lendio’s Q2 numbers show impressive growth

Small business lending marketplace Lendio today announced record growth across all areas of its business, including 90 per cent year-over-year quarterly revenue growth. To date, Lendio has helped facilitate more than $900 million in financing to more than 45,000 small ...

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P2Bi partners with Amalgamated Bank

P2Binvestor (P2Bi), a marketplace lending platform offering crowdsourced, asset-secured lines of credit to growing companies, today announced a partnership with Amalgamated Bank, a socially responsible bank based in New York. The P2Bi bank partnership program gives growing businesses a way ...

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Biz2Credit releases June lending report

Small business loan approval rates for big banks (26.1 per cent) continued the upswing with yet another new high in June 2018, according to the Biz2Credit Small Business Lending Index released today. The analysis examined more than 1,000 credit applications ...

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“Bright” idea to benefit SMBs

Bright, a blockchain-based decentralized financial services marketplace established by the founders behind AMPP Group, is working to close the credit gap faced by micro, small, and medium-sized enterprises (MSMEs) around the world. Access to finance is essential for growing small businesses, ...

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Lendio employee program funds 2,800 Kiva microloans

Lendio announced today that Lendio Gives, its employee contribution and employer matching program, has provided more than $70,000 in microloans to 2,800 underserved entrepreneurs in 78 countries through Kiva. In May, Lendio ranked sixth among Kiva’s Internal Business Groups for ...

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Small business loan approvals continue rise

Small business loan approval rates for big banks (25.9 per cent) continued the upswing with yet another new high in May 2018, according to the Biz2Credit Small Business Lending Index released this week. The monthly analysis examined more than 1,000 ...

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Lendio’s lender turndown program offers second chance

Lendio this week announced at LendIt Fintech USA, the world’s leading event in financial services innovation, that it has facilitated nearly $60 million in loans through its lender turndown program. Lendio’s lender turndown program allows lending partners to offer a ...

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