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Fifth Third Partners with Fundation on Small Business Loans

Fifth Third Partners with Fundation on Small Business Loans

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FintechNews RoundupUSA
··1 min read

Fifth Third Bank has struck a partnership with fintech Fundation to offer small business loans and lines of credit; Fifth Third will use Fundation’s white label lending technology to approve and fund loans within a day, the new product will be named Fifth Third Fast Capital; rejected applications will be pushed to Fundation where they can apply for a loan from the fintech; “We understand that when small businesses need to purchase inventory or create a prototype, they can’t wait or risk losing out on growth opportunities,” Kala Gibson, Fifth Third’s Head of Business Banking, said in a press release according to American Banker. “Fifth Third Fast Capital can help get funds quickly, so they can move forward with their next opportunity.” American Banker

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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