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FINANCE

Funding Circle | May 27, 2022

Funding Circle, one of the most popular online small business loan platforms in the United States, has launched a new program for BancAlliance, a network of over 325 community banks, in which participants can buy a diversified pool of interests in small business loans originated on Funding Circle's platform. With this new idea, the community banks that are part of BancAlliance can invest in Main Street businesses in a more efficient and cost-effective way. ...

FINANCE

Castlelake | March 17, 2022

Castlelake L.P. ("Castlelake"), a global alternative investment manager with 17 years of experience investing in asset-rich opportunities, and Chesswood Group Limited, a specialty finance company with 40 years of experience in the commercial equipment finance market, today announced an agreement for the forward purchase of diversified equipment loan and lease receivables originated by Chesswood subsidiaries Pawnee Leasing Corporation and Tandem Finance Inc. Through the a...

Visa | September 21, 2020

As the Small Business Administration’s (SBA) National Small Business Week begins in the U.S. and businesses worldwide prepare for an unprecedented holiday season, Visa (NYSE: V) is introducing new programs and resources essential to small and micro business (SMB) recovery efforts. The Visa Back to Business Study, Holiday Edition, launched today, finds that consumers will carry their resolve for normalcy into the holiday shopping season, with 88% planning to buy and give gifts despite chall...

Finextra Research | February 27, 2020

Today, Mastercard and myPOS, a pan-European fintech, signed a strategic partnership agreement to promote card payment solutions to SMEs across Europe. Working together, the partnership will raise awareness among small businesses of the innovative solutions to accept card transactions; designed to meet their needs at a price that fits their budget. SMEs underpin the European economy, representing 99% of all businesses, but, traditionally, the ability to pay by card in such businesses has been var...