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News Stories (11 Results) - Online Lender

TBF Financial purchased nearly $60 million in non-performing loans from a major online small business lender in recent transactions, CEO Brett Boehm announced.TBF bought the pools of post-charge-off loans as the highest bidder in transactions... Read Story
September 10, 2019, 07:25 AM

In 2007, the first online loans from OnDeck to small businesses in the United States created a new type of commercial lender, one that believed the Internet could revolutionize how small business owners access capital.  Today, OnDeck celebrates a... Read Story
September 01, 2017, 07:17 AM

Merchant Advance Capital, a leading Canadian online lender announced its expansion into equipment leasing, a natural progression for one of Canada's largest business loan providers.This is the first time an alternative lender has offered equipment... Read Story
October 24, 2016, 07:10 AM

LeaseQ, an online marketplace that connects business owners, equipment sellers, and lenders to make selling and financing equipment fast and easy, announced the LeaseQ Franchise Platform, a financing platform built specifically for franchise industry... Read Story
June 21, 2016, 06:45 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

Avidia Bank announced the launch of Commercial Lending Center™, a new online business loan application portal. Commercial Lending Center is the simple and secure way to help businesses get quick and convenient access to loans online. Business loan... Read Story
May 23, 2016, 07:05 AM

The U.S. Treasury Department issued a white paper regarding its review of the online marketplace lending industry. The white paper titled, “Opportunities and Challenges in Online Marketplace Lending,” provides an overview of what the Treasury... Read Story
May 11, 2016, 07:22 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

In an attempt to gauge funding needs and challenges for mid- to large-sized businesses, Bibby Financial Services revealed the who, what and why of commercial finance needs for today’s financial decision makers and their outlook for 2016. This survey... Read Story
March 31, 2016, 07:11 AM

LeaseQ, an online marketplace connecting businesses, equipment sellers, and equipment finance companies to make selling and financing equipment fast and easy, and Canadian food service equipment manufacturer group DaVinci Compass Inc., owner of... Read Story
November 19, 2015, 07:10 AM

Regions Bank and Fundation Group LLC announced an agreement that will combine the strengths of one of the nation's largest full service banks with that of a leading online lender to provide small businesses with a first of its kind, coordinated... Read Story
October 09, 2015, 07:15 AM