1. Time An automated approval process reduces the time it takes for the borrower to get the capital he or she needs ASAP. Fintech company Velocity Group USA has a same day
Small Business Owners’ confidence is increasing. A recent quarterly online survey conducted by CNBC and SurveyMonkey states that confidence amongst small business owners in the U.S. is up. More than 2000
Is there a future in Fintech Banks? On July 31st, the U.S. Treasury Department released a report that prompted the Office of the Comptroller of the Currency (OCC) to begin
Investments into Australia’s Alternative-Lending Industry Further Strengthen Global Financing Growth
Another successful company in the merchant cash advance industry, OnDeck, has recently increased its presence in the international sector. First reported by deBanked on July 18th , OnDeck announced that
Blackstone Group LP has caught wind of the tremendous growth in the Direct Lending industry. Since the discontinuation of a partnership with FS Investment Corp. Blackstone’s GSO Capital Partners unit
What happened? On June 21st, 2018, the Supreme Court issued a decision overturning Quill Corp. v. North Dakota (1992). This court ruling in the case of South Dakota v. Wayfair (2018),
