In this episode, we talk with the i80 Group about debt financing. Many young fintech companies are capital-intensive businesses with few good options for attractive debt funding. I80 Group fills that need.
Capify is a small business lender serving the UK and Australian markets; the company makes online merchant cash advances as...
The new facility will allow Fundation to extend credit to more small businesses and is the latest example of a...
Kabbage now has debt funding capacity of $750 million; the additional facility will allow the company to offer higher lines of credit with longer terms; Deepesh Jain stated, “The new, DBRS-rated facility, provided by Credit Suisse, speaks to Kabbage’s maturity in the financial markets and gives us diverse funding options to serve our small business customers. To earn an investment-grade rating requires a rigorous evaluation of not only our lending models, automated risk analysis, and successful history of reducing bad debt to an industry-low, but also our operational processes – from exceptional customer service to unmatched technology development.” Source
OnDeck, the small business lender has extended existing credit facilities with Credit Suisse and Deutsche Bank; the amended facilities provide...
OnDeck has been one of the leaders in online small business lending for many years. What many people may not...
Often in these pages we focus on the more established online lenders, many that have been around for 10 years...