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OnDeck Channels Accountants For SME Funding

PYMNTS

While the tool initially launched in March , reports said OnDeck expanded this aspect of its operations this month across Kentucky, Florida and Alabama. Reports Thursday (June 23) said OnDeck has launched its Accountant Advisor Program , a service that helps professionals accountants arrange financing for their SME clients.

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CFPB enters into settlement with payday retail lender

CFPB Monitor

The CFPB announced that it has entered into a settlement with the owners of payday loan retail outlets that operated under the name “Cash Tyme” in seven states to resolve alleged violations of the Consumer Financial Protection Act, the Gramm-Leach-Bliley Act/ Regulation P, and the Truth in Lending Act/ Regulation Z.

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The United States Of Fintech: The Most Well-Funded Fintech Startup In Each State

CB Insights

Across the US, well-funded companies are rethinking how the financial system operates. California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. We excluded companies that have not raised equity funding since 2015 and excluded funding from debt as well as lines of credit.

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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

The bank operates thirteen branches, eleven in northern California and two in Nevada. It also operates four loan production offices, three in California and one in Oregon. On the lending side they provide customized business capital solutions nationally for small and mid-sized businesses with innovative lending to niche markets.

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Fintech Fundings: 15 Companies Raise $51 Million Week Ending Dec 25

Fintech Labs Insights

The Kentucky-based company has developed a vendor management platform for banks and credit unions. HQ: Elizabethtown, Kentucky. Tags: SME, lending, alt-credit, underwriting, sub-prime, loans, P2P, investing. The second-largest round of the week ($4 million), went to Finovate veteran Dana Bowers latest startup, Venminder.

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Opploans Personal Loans Review: For Borrowers With Bad or No Credit

MyBankTracker

APRs are lower than predatory lending options. If you’re considering applying for a personal loan, this review will cover everything you need to know about Opploans. Designed for borrowers with bad or no credit. On-time payments can help build credit. APR is still extremely high compared to typical personal loans. Borrowing Amounts.

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The Paycheck Protection Program, Round Two

PYMNTS

The Senate has voted by unanimous consent to allocate another $484 billion in an interim relief fund, $310 billion of which will top off the depleted PPP fund directly, with an additional $60 billion specifically for smaller lending institutions. USHG noted that it’s burning through money and facing operating losses of over $1.5

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