MitchelLake Group

SMALL BUSINESS ADVICE

Fenris | June 28, 2021

Fenris Digital, announced the launch of its latest data service, Small Business Insurance Prefill API. Fenris Digital is a data and analytics company focused on streamlining and modernizing the process of quoting insurance products for insurance agents, carriers, and brokers. This is their tenth data and awareness product launch in the last year and a half, increasing their 400% growth by 2020. By providing up to 40 of the data points required by most commercial insurance application questionnai...

FINANCE

Funding Circle | July 06, 2022

Funding Circle, one of the nation’s leading online small business loans platforms, and DreamSpring, a nonprofit community development financial institution (CDFI) with nearly 30 years of experience in community lending, have launched a new partnership to increase access to funding for small business owners in underserved communities across the nation. The new partnership aligns with both organizations’ shared commitment to advancing entrepreneurship and innovation by providing equita...

Market Realist: | February 06, 2020

Amazon (NASDAQ:AMZN) is in talks to bring Goldman Sachs (NYSE:GS) on board as a partner for its small business loans program called “Amazon Lending,” as reported by CNBC on Monday. Amazon stock has risen more than 1,000% since the company launched its small business lending program in 2011. Through the Amazon Lending program, the company extends loans ranging from $1,000 to $750,000 to merchants who sell their goods on its online marketplace. As of 2017, over 20,000 businesses in the...

Duff & Phelps | October 13, 2020

Financial services group Duff & Phelps has launched a new equity match service which will link small- and medium-sized enterprises (SMEs) with more than 70 separate funding providers. The service was created in response to a growing demand for SME funding in the wake of the coronavirus pandemic. Through its work in governance, risk and transparency solutions, Duff & Phelps has access to a wide network of potential funders which have a track record of providing smaller amounts of equity f...