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Capital One Q2 Earnings Preview: Increased Spending, Decline In Revenue Expected

PYMNTS

Financial experts are predicting Capital One’s second-quarter earnings will fall below expectations, despite their moderate success in the first quarter. Its core card business and its commercial lending activity grew, leading to higher revenue numbers. Last year, Capital One spent $18.6

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A Digital Disbursement Fix To Help SMBs Keep Afloat

PYMNTS

The pandemic is continuing to throw typical business operations for many industries into flux, resulting in disastrous financial consequences. Entities that are unable to provide such an experience will quickly find themselves left behind by the expanding competition within the SMB lending space. Government entities in the U.S.

Lending 198
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Rethinking The SME Loan Underwriting Model In Southeast Asia

PYMNTS

It’s a self-perpetuating scenario that keeps barriers to capital in place. In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs.

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UK’s B-North To Launch SMB-Only Banks Next Year

PYMNTS

Although local branches will be given autonomy to make lending decisions, bank officials will analyze data — including social media sentiment towards any borrower. We see the human touch as key when making lending decisions, and we want branches to have that autonomy. million small businesses operating in the U.K.,

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SMBs Turn To Barter To Ease Uncollected Receivables Burden

PYMNTS

When an organization is bearing an ever-increasing burden of outstanding accounts receivables, there are multiple sources of capital to which it can turn. The Predatory Lending Trap. Another alternative, noted James, is to rely on predatory lenders to access quick cash to cover the costs of operating.

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Invoice Financing Via Blockchain Targets SMB Cash Flow Problems

PYMNTS

Small and medium-sized businesses (SMBs) are the lifeblood of many economies — Europe’s among them — and working capital is the lifeblood of SMBs. Yet many firms struggle to gain access to the capital that helps them launch or sustain operations. Many companies, he told PYMNTS, rely on private lending.

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Another Payment Megadeal, Amazon Suppliers And PayPal SMB Lending Top The Week’s News

PYMNTS

PayPal Hits $10B SMB Lending Milestone. Businesses of a certain size — and in industries as varied as construction and restaurants — know the pain of wondering if they will have enough capital to fund operations, inventory, expansion and other mission-critical business activities. Fun, Cool or Otherwise Interesting.

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