Loans

Square Debuts Small Business Banking Platform
Credit & Capital

Square Debuts Small Business Banking Platform

The suite of financial products are designed to help small business owners manage their cash flow.
By Lauren Muskett | July 20, 2021
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Banks Continue Tighter CRE Lending Policies
Credit

Banks Continue Tighter CRE Lending Policies

The tighter lending standards reflect in part a less favorable or more uncertain outlook for commercial real estate prices.
By Matthew Heller | May 10, 2017
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Non-Prime Online Lender Sets IPO Terms
IPOs

Non-Prime Online Lender Sets IPO Terms

Elevate Credit loans money "to the vast and underserved segment of 170 million non-prime consumers in the U.S. and U.K."
By Vincent Ryan | March 28, 2017
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Auto Sales Slowdown Driving Risk for Lenders
The Economy

Auto Sales Slowdown Driving Risk for Lenders

Moody's says credit risk is rising at a time when the average dollar amount of negative equity at trade-in is at record levels.
By Matthew Heller | March 28, 2017
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Prosper’s Loss Increases to $118M in 2016
Financial Performance

Prosper’s Loss Increases to $118M in 2016

The online lender's revenue fell 33% as it struggled to obtain loan funding from investors.
By Matthew Heller | March 21, 2017
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Online Lender Avant Cuts 7% of Workforce
Credit

Online Lender Avant Cuts 7% of Workforce

The layoffs are another sign of upheaval in the online lending sector as investors have turned negative on funding firms.
By Katie Kuehner-Hebert | May 20, 2016
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California Leads the Way in Alternative Lending
Credit

California Leads the Way in Alternative Lending

Alternative lenders made $15.9 billion in U.S. loans in 2014, with California transactions increasing by 936% since 2010.
By Katie Kuehner-Hebert | April 8, 2016
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Kabbage to Offer Online Loans With Dutch Bank
Technology

Kabbage to Offer Online Loans With Dutch Bank

Kabbage's venture with ING Groep in Spain aims to get capital to every small business "that needs it and can handle it.”
By Matthew Heller | October 22, 2015
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Fifth Third Settles Fraud Charges for $85M
Risk & Compliance

Fifth Third Settles Fraud Charges for $85M

The Cincinnati bank was accused of waiting too long to report that more than 1,400 mortgage loans were defective, resulting in federal insurance losses.
By Katie Kuehner-Hebert | October 7, 2015
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