executives in the small business lending and merchant cash advance space showed a decline in confidence in the industry’s continued success, down from 91.7% in Q1 to 78.5% in Q2. Respondents were not asked to explain the reasons behind their confidence levels, but increased competition is likely one contributing factor. No doubt some of the […]
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Online lending marketplace Lendio has partnered with digital marketing company Townsquare Media to tap into its customer base and offer loans to small businesses. The two companies will collaborate on cross-promoting appropriate products and services and marketing Lendio’s platform with 75 lenders and its loan products to businesses. Meanwhile, another marketplace lender Bizfi got together […]
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Another capital source you say? Online lenders are ready with an answer and this time it seems to be securitization. Time and again we have had heard industry folks harp on about diversification of capital being the need of the hour. Well, that hour is here, it seems like. Things are looking up for Lending […]
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