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FINANCE, SMALL BUSINESS ADVICE
Codat | September 15, 2022
Codat, the universal API for small business data, today announced a partnership with nCino , the worldwide leader in cloud banking, to automate and accelerate banks' ability to underwrite small business loans around the world.nCino's seamless solution significantly reduces the time it takes banks to transfer information from a borrower's financial statements into the bank's financial analysis program (a process known as "spreading financials"). With support for 12...
Iron Capital Equities | February 16, 2022
Fintech Group, Iron Capital Equities announced the launch of their newest platform. The fintech platform analyzes a business's cash flow and recommends ways to restructure costly Merchant Cash Advance (MCA) debt using banking intermediary technology.
Businesses must combine high-interest, high-payment MCAs, all the more so now that thousands of businesses have gotten MCAs following post-pandemic government-imposed lockdowns.
Matthew Elling, founding partner at I...
FreshBooks & FastBill | October 07, 2021
FreshBooks, a leading cloud accounting software provider with paying customers in 160+ countries, announced the acquisition of FastBill, one of Germany's leading cloud accounting and invoicing software solutions. Founded in 2011 in Frankfurt, Germany, FastBill helps self-employed professionals, small businesses, and startups maintain better control of their finances through electronic invoice management, reporting, and access to tax advisory services. The terms of the transaction have ...
Vancity | April 21, 2020
To support small businesses that needed to change course because of the coronavirus, Vancity has rolled out its Unity Pivot Business Loan. Businesses changing direction to support the battle against the pandemic can tap into loans of up to $150,000, which will be interest free for the first six months with no payment needed over that original time frame, according to an announcement. Vancity President and Chief Executive Officer Tamara Vrooman said, Vancity’s relief programs for small busi...
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