Category: Lending

April 15, 2021

9 Reasons Why You Should Get A Merchant Cash Advance

Merchant Cash Advances help inject cash into businesses faced with a negative working capital situation or are on the brink of going out of business. Although it is one of the many different working capital funding options available in the market, yet it remains the[...]

April 8, 2021

Five features of the best lending software solutions

Automating and digitizing lending processes is crucial to gain momentum and grow in the ever-expanding lending market. The current lending market is not just limited to traditional banks. A quick look at the market will show you the burgeoning numbers of alternative lenders, peer-to-peer lenders[...]

April 1, 2021

Benefits of a Cloud-Based Loan Origination System

Loan origination is one of the most significant services in the financial services industry. It backs both commercial and consumer funding and as such is always under enormous pressure to churn multitudes of applications at a rapid scale. Traditional banks have always had loan management[...]

March 11, 2021

Best Alternatives To Merchant Cash Advances

Merchant cash advances are similar to paycheck advance in theory. The basic difference being that paycheck advance is meant for individuals while merchant cash advances are meant for businesses, mainly small businesses. Businesses such as retail stores, medical offices, eateries, restaurants, or any business with[...]

February 25, 2021

The Key to Efficient Commercial Loan Origination

Lending has always been the key source of income for banks. Apart from their revenues from non-interest income such as ATM charges and overdraft fees, it has always been loan interest that has fed into the growth and revenue of banks. However, with the arrival[...]

February 11, 2021

Why Should You Use A Cloud-Based Loan Origination and Loan Servicing Platform?

Automation and cloud computing have brought in a whirlwind of change globally and the financial services industry is no exception. As such, traditional banks and lenders all over the world are now looking to adopt and implement these disruptive technologies to boost their efficiency and[...]