The business balance sheet, according to Norm Brodsky, is the temperature of a business at a specific stage. For investors, this is one of the fundamental documents to scrutinize before deciding whether to throw in their lot with the business or not. The balance sheet tells us important little snippets such as whether the stock is […]
December 14, 2016
How to Avoid Small Business Loan Scams
There are many challenges to opening a small business, and one that can cause far-reaching problems is falling prey to a scam. From telemarketing scams to groups that promise investors but never deliver, there are many ways that today’s small business owners can be swindled. If you are trying to launch your company and need […]
November 10, 2016
Negative Avant Loan Reviews -
[The Real Story]
![Negative Avant Loan Reviews -<BR>[The Real Story]](https://thelendingmag.com/wp-content/uploads/2016/11/avant-loans-negative-bad-review-150x150.jpg)
If you're looking for Avant Loan reviews, you will get informed about the good and the bad right here. No stone will be left unturned. But first, let's get one simple answer out of the way... Many people ask "Is Avant Loans legit?" To answer simply, Yes. But more in-depth, here are the facts. As […]
September 26, 2016
Peer-to-Peer Lending for Bad Credit: Is It Available?
If you are seeking peer-to-peer lending for bad credit you may or may not be happy with the information I'm going to share with you. Why? Because, it really depends on what you view as bad credit. What a bank sees as bad credit may not be what a peer-to-peer loan company considers to be poor […]
November 13, 2015
7 Reasons Banks Not Lending to Small Businesses
Nobody likes to be rejected. Whether it’s a “no” from a job you interviewed for, the person you're in love with or the bank, it hurts. And if you’re a startup or small business owner, you may be very familiar with the sting of "no" from banks not lending to small business applicants. Of the small businesses […]
November 8, 2015
Lending Club as an Adwords Credit Card Alternative?
For many online marketers and advertisers being able to advertise through the Google AdWords platform means thousands upon thousands of dollars in profit and extreme business growth. But as the old saying goes, "It takes money to make money". That's the reason there has been a positive response to Lending Club's business loan offer of […]
August 14, 2015
Small Business Lending Index Shows Alternative Lenders Dominate Market
If you are looking for small business loans, alternative lenders should be one of the first options you turn to. Why? Simple. Small business loan approval rates through institutional investors and alternative lenders remained higher than any other category in July 2015, according to the Biz2Credit Small Business Lending Index, the monthly analysis of 1,000 loan […]
August 11, 2015
Why Account Verification Technology Is a Must-Have for Lenders
The cash advance industry is growing fast! In fact, according to Dailyfunder.com in 2013 alone $3B was made in cash advances and I have seen reports that the industry is growing 25% year over year. If you ponder on it for a moment it makes sense! The economy is doing well, merchants are confident that short term […]
August 6, 2015
Bank Overdraft Policy Reform Is Overdue
- Authored by Miron Lulic Quickly - what lending product can charge 10x the average payday loan APR, yet makes up a 4x larger market? Give up? Bank overdraft fees. That’s right. Nearly five years after federal rules designed to protect consumers went into effect, banks are still raking in the fees. And while […]
June 17, 2015
Peer-to-Peer Lending Sites Review - Full Disclosure
This peer-to-peer lending sites review is long overdue. Why? Well, it's simple. Now that the general public is coming to understand that there is a new financing option available in the form of peer-to-peer loans, the next question becomes "Who are the best peer-to-peer lending sites?" Well that is the question that The Lending Mag […]
June 11, 2015
What is Peer-to-Peer Lending: An Illustrated Explanation
If you're reading this article, it's probably because you're wondering, "What is peer-to-peer lending and how does it work?" Well, we're going to explain exactly what it is for you in an easy to understand way as well as provide a great infographic to help illustrate some of the major points. With traditional banks denying loans to small […]
June 10, 2015
Unsecured Business Line of Credit Advantages & Options
Are you looking to grow your business? Well, it goes without saying that "it takes money to make money." That's one reason that an unsecured business line of credit is the secret weapon of many successful companies. Business capital is the lifeblood of successful ventures, businesses die without it. So to start, we'll explain what […]
June 6, 2015
Why Peer-to-Peer Business Lending Is Ideal For Company Financing
Peer-to-peer business lending is becoming a disruptive force in the business financing sector. Companies in need of business capital are seeking out p2p lenders for loans more and more. And with success. Why are people and businesses in need of financing turning to the crowdfunding? InvestNextDoor, a Seattle-based crowdlending platform, put together the infographic you'll […]
June 2, 2015
What's The Difference Between Peer-to-Peer Lending & Crowdfunding?
Are you an entrepreneur looking to start or grow your own business? If so, you may have heard many relatively new terms thrown around that come from the fintech world. All of a sudden peer-to-peer lending, crowdfunding and marketplace lending are being talked about as options for people that the banks aren't willing to loan […]
June 1, 2015
Goldman Sachs To Start Making Small Business Loans Online
From www.QZ.com - Goldman Sachs just hired a new partner to help bring it into the digital age. Harit Talwar, who recently left his post as head of card services at Discover after 15 years, will be leading a new effort for the bank to lend money to consumers and small businesses over the Internet. […]
May 25, 2015
Student Loan Refinancing Options Opening Up Because Of Fintech
From www.huffingtonpost.com - The rise of financial technology (fintech) companies is undeniable and student loan refinancing online is increasing. In 2014, Lending Club and OnDeck went public, and over 500 fintech startups attracted private financing. In the student loan refinancing market, there has been a rapid expansion of lenders participating in the market over the […]
May 25, 2015
Do We Need Banks For Small Business Loans When Online Lenders Do Better?
From www.forbes.com - I just read two articles about microfinance that surprised me. One pointed out how convenient and competitive the online peer-to-peer lending sites had become. The second pointed out the low loss ratio at these lending sites. In essence, the article said that “loans at Kiva are repaid at a rate of 98.75 […]
May 24, 2015
When Banks Make Getting a Small Business Loan Impossible Businesses Die
From www.outputmagazine.com - Four and a half years ago I launched a business that would fill a gap in the trade media and provide jobs to four under-30s who, otherwise, wouldn't have one. From a standing start we made a thin but credible profit in each of our first three years. Proudly, we turned to […]
May 24, 2015
New Lending Startups Use Instant Data Science To Judge Your Creditworthiness
From www.nytimes.com - When bankers of the future decide whether to make a loan, they may look to see if potential customers use only capital letters when filling out forms, or at the amount of time they spend online reading terms and conditions — and not so much at credit history. These signals about behavior […]
May 23, 2015
Peer-to-Peer Business Lending: Prime Meridian Gets Into P2P Business Loans
From www.pmifunds.com - Prime Meridian Capital Management, specializing in online peer-to-peer lending, launched its new fund, Prime Meridian Small Business Lending Fund on 7/1/14, giving investors the opportunity to invest in the growing sector of peer-to-peer business lending. Prime Meridian’s Income Fund was one of the first P2P lending funds in the United States, with […]
May 22, 2015
P2P Loan Startups Raised 15 Billion In 2014, Headed For More In 2015
From www.vator.tv - With two lending startups, Lending Club and OnDeck Capital, both going public last year, it seems kind of obvious that the space is starting to mature. Another sign is how much funding the category was able to rise in 2014. So much, in fact, that it was the most ever for the […]
