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News Stories (14 Results) - Alternative Lending

Balboa Capital has opened a new office location in Spokane, Washington to better serve its existing and future customers in the Pacific Northwest. The Spokane office opened its doors on May 1st, 2017 as Balboa Capital’s fourth office location; the... Read Story
May 09, 2017, 07:15 AM


The Innovative Lending Platform Association (ILPA) and the Coalition for Responsible Business Finance (CRBF) announced they are joining forces and will now operate as the ILPA – the leading trade organization representing a diverse group of online... Read Story
March 06, 2017, 07:10 AM


Total funding for U.S. fintech companies and deal activity dropped significantly in 2016, down to $12.8 billion from $27 billion in 2015, a result of political and regulatory uncertainty, a decline in megadeals and investor caution, according to... Read Story
February 23, 2017, 07:10 AM


Ascentium Capital was announced as a finalist in the Top Small Business Lending Platform category by LendIt, the world’s largest show in lending and FinTech. Finalists included companies that demonstrate a combination of loan performance, volume... Read Story
January 20, 2017, 07:15 AM


Bizfi announced they have originated more than $127 million in financing in the third quarter of 2016. The top sectors seeking financing through the Bizfi marketplace include manufacturing, retail, business-to-consumer (B2C) services (i.e. daycare... Read Story
November 23, 2016, 06:08 AM


Quick Bridge Funding LLC, a financial services firm serving small- to mid-sized businesses, is pleased to announce its expansion into the direct-to-business market with a new organizational identity. Quick Bridge Funding, now QuickBridge, intends to... Read Story
November 16, 2016, 07:00 AM


Fora Financial has once again been featured in Inc.com’s list of the 5000 fastest-growing private companies nationwide. This marks the third consecutive year Fora Financial has made the Inc. 5000 list, during which the company has grown revenue by... Read Story
August 29, 2016, 07:00 AM


Lendio announced it has joined website domain registration site GoDaddy marketplace to support the funding needs of more than 14 million small business owners and entrepreneurs. This will not only increase Lendio’s reach and potential customer base... Read Story
May 26, 2016, 07:03 AM


The online alternative finance market, including crowdfunding and peer-to-peer lending, is exploding in the U.S., generating more than $36 billion in funding in 2015, up from $11 billion in 2014, according to a new report published by KPMG, the... Read Story
April 12, 2016, 07:18 AM


National Funding announced that Torrie Inouye has been named the company’s president. Inouye will report directly to Founder and CEO Dave Gilbert.National Funding has experienced a 172% revenue growth surge over the past three years, bringing into... Read Story
April 12, 2016, 07:07 AM


SunTrust Banks, Inc. (NYSE: STI) has launched a new Payments & Technology Industry Specialty in Commercial and Business Banking. This creates a unique opportunity to drive an industry focus on companies developing financial technology and digital... Read Story
February 03, 2016, 07:19 AM


For the first time ever, a major FinTech company and small business lender, National Funding, has announced that it will be the title sponsor of the 2015 Holiday Bowl in San Diego. The National Funding Holiday Bowl pits USC versus Wisconsin.       ... Read Story
December 17, 2015, 07:00 AM


OnDeck announced a major expansion of its product suite. The company now offers the online lending industry's widest range of term loans and lines of credit, designed to meet the vast and varied financing needs of small businesses.Small business... Read Story
October 21, 2015, 07:10 AM


The Biz2Credit August Small Business Lending Index dropped by 0.1 points for big and small banks, an indication that the SBA budget scare effected growth in loan demand. Another key finding of the monthly analysis of 1,000 loan applications from... Read Story
September 10, 2015, 07:00 AM