Only 10% of Banks Have a Credit-Scoring System That Can partially or Fully Automate Small Business Lending
If you thought that fintech had already largely come in and revolutionized the lending process at banks,...
Business Financing
High-Touch Beats High-Tech in Small Business Lending
In small business lending — regardless of the size of the bank doing the lending itself — a high-touch approach...
The 5 C’s of Credit: What They Are, How to Build Them
The five C’s, or characteristics, of credit — character, capacity, capital, conditions and collateral — are a framework used by...
This business loan aims to break the cycle of underfunded Black Canadian entrepreneurs
Business loans can be hard to acquire, but this organization is breaking barriers to bring easier capital access and financing...
Average Business Loan Interest Rates: September 2024
⏰ Estimated read time: 9 minutesKey TakeawaysAverage business loan interest rates range from 6.14% to 12.47% at banks. Online loans...
Best Small Business Loans Of 2024
Small business loans can help you access cash for starting, expanding or keeping your business up and running. With so...
Foundational tips for Washtenaw County entrepreneurs
This story is the first part of a series about financial literacy for small businesses in the Ypsilanti area. It...
Intel turns foundry business into subsidiary, weighs outside funding
Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei...
Finally Raises $200 Million to Bolster Small Business Finance Suite
Finance and human resources suite finally has raised $200 million in new funding. The financing, a $50 million Series B from PeakSpan...
