Atlanta Capital Cards Lending 
Abrigo
APRIL 25, 2024
Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. You might also like this guide for smarter, faster small business lending.
PYMNTS
SEPTEMBER 17, 2020
The new initiative will include “concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial tools and capital,” Mastercard said in a news release. Mastercard said it will invest $500 million in Black communities across the U.S. This is a time for action.
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South State Correspondent
JANUARY 4, 2023
Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.
PYMNTS
JULY 6, 2020
The small- to medium-sized business (SMB) lending industry is in a unique position during the pandemic. Interest in the space has been revitalized due to the harsh financial blows the pandemic has dealt, providing opportunities for SMBs to gain capital and for lenders to facilitate. Of the 32 million SMBs in the U.S.,
Abrigo
JANUARY 22, 2015
The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia. While the approval rates are high and portfolios are expanding, the OCC did point out that lending standards continued to soften.
Fintech Labs Insights
NOVEMBER 19, 2021
CAN Capital. Lighter Capital. Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Atlanta. CAN Capital. HQ: Atlanta. Kabbage (AmEx). Fundera (NerdWallet). Biz2Credit. Camino Financial. SmartBiz Loans. HoneyComb Credit. Pittsburgh. Forward Line. IOU Financial.
Fintech Labs Insights
JULY 27, 2015
The Atlanta Business Journal blog is reporting that Kabbage is making its way through a $150 million Series E round. Once completed, the company will have a total capital of more than $585 million and a valuation of more than $875 million. Kabbage was founded in 2009, and is headquartered in Atlanta, Georgia.
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