A new Senate proposal circulating yesterday would allow the Treasury and the Small Business Administration to enable fintech lenders as...
In an op-ed in American Banker the head of Funding Circle USA, Bernardo Martinez, calls on the U.S. Small Business...
A wide range of loan options for small business funding are available; Lend Academy provides an overview of the market's credit products for small businesses in their article; loans from the Small Business Administration and large lenders have traditionally been the main focus for many borrowers however online marketplace lenders and innovative credit products such as invoice financing have greatly evolved the options for credit funding in the market. Source
River Valley Bank is a $1.3 billion community bank based in Wisconsin and Michigan and they launched a new online...
Small Business Administration (SBA) loans are a popular source of funding for small businesses in the US; SmartBiz Loans is one of the online market's leading providers of these loans; Lend Academy talks with Evan Singer, CEO of SmartBiz, in their podcast; SmartBiz recently became the number one provider of SBA loans under $350,000, beating out big banks such as Wells Fargo for smaller dollar loans; Evan Singer talks about the firm's business and the origination process which involves a network of bank lenders. Source
SmartBiz is expanding its Small Business Administration (SBA) loan offerings to include a new online SBA commercial real estate loan; SmartBiz is an online marketplace providing small business owners with SBA loan financing options facilitated through banks; its new commercial real estate offering will include the SBA 7(a) commercial real estate loan. Source