Lending
Beeline Holdings Expands Warehouse Lending Capacity to $25 Million to Fuel Digital Mortgage Growth
Beeline Holdings has significantly increased its warehouse lending capacity from $5 million to $25 million, enabling the digital mortgage platform to originate up to $75 million in monthly loans as it positions for rising demand ahead of anticipated interest rate cuts.
BayFirst Financial Exits SBA Lending Business in Strategic Shift, Sells $103 Million Portfolio to Banesco USA
BayFirst Financial Corp. is exiting the SBA 7(a) lending business and selling $103 million in loans to Banesco USA as part of a strategic review aimed at derisking its balance sheet and focusing on core community banking operations.
VOX Funding CEO Highlights Shift to Private Credit as Traditional Banks Retreat from Small Business Lending
VOX Funding CEO Adam Benowitz discusses the growing acceptance of private lending among small businesses and the company's focus on product innovation to address specific industry needs in an evolving financial landscape.
Appli Introduces AI-Powered Home Equity Calculator to Boost Credit Union Lending
Appli's new guided home equity calculator provides real-time property valuations and personalized borrowing estimates, enabling credit unions to better compete in the growing home equity lending market.
First Northern Credit Union Adopts AI-Powered Calculators for More Transparent Member Lending
First Northern Credit Union partners with Appli to implement AI-driven financial calculators that provide members with realistic, personalized loan estimates based on their actual credit profiles, enhancing transparency and trust in the borrowing process.
inDrive Launches Digital Loan Service in Brazil to Support Driver Financial Inclusion
inDrive has partnered with fintech EmpreX to offer Brazilian drivers access to quick loans up to R$3,000 through its ride-hailing app, addressing financial exclusion challenges in the gig economy.
BitBridge Capital Strategies Merges and Goes Public, Pioneering Bitcoin Treasury and Lending Innovations
BitBridge Capital Strategies' merger and public listing marks a significant advancement in Bitcoin treasury and lending, offering innovative products and a mainstream branding campaign to promote Bitcoin adoption.
Woodside Credit Surpasses $4 Billion in Loans, Fueling the Collector Car Market
Woodside Credit's achievement of originating over $4 billion in loans underscores its pivotal role in the collector car financing market, offering enthusiasts and dealers the lowest monthly payments in America.
Marlabs and Perfecter.ai Forge Partnership to Revolutionize Lending with AI
Marlabs and Perfecter.ai have teamed up to offer AI-driven solutions aimed at transforming the lending industry by automating document processing and enhancing decision-making, promising significant operational improvements for financial institutions.
FAVO Capital Inc. Aims to Bridge SMB Lending Gap with Innovative Digital Platform
FAVO Capital Inc. is tackling the financing challenges of small and medium-sized businesses through a digital lending platform, offering tailored solutions to a market often neglected by traditional banks.
FAVO Capital Inc. Revolutionizes SMB Financing with AI-Driven Solutions
FAVO Capital Inc. (FAVO) is transforming the landscape of small and medium-sized business financing through its AI-powered lending platform, offering rapid, efficient funding solutions across 45 states and the Dominican Republic.
Savings Bank of Mendocino County Names Rena Macapagal as Chief Banking Officer
Rena Macapagal's appointment as Executive Vice President and Chief Banking Officer at Savings Bank of Mendocino County marks a strategic move to bolster the bank's retail banking, lending, and marketing divisions, leveraging her extensive experience in community-focused financial services.