Posts in

Archives


Running an online loan business is one of the most lucrative businesses these days. Everyone faces a financial emergency at some point in their life. Is there a better way to get financial aid than lend on the internet? There are a few basics that you should understand before investing in the online lending space. …

Rob Frohwein, CEO of Kabbage Adam Jeffery | CNBC In late March, with the coronavirus pandemic forcing mom-and-pop stores across the country to shut down indefinitely, small business lender Kabbage put on leave a “significant number” of employees and suspended its credit operation, anticipating the contraction of its clientele. But CEO Rob Frohwein, who co-founded …

Amazon is reportedly partnering with Goldman Sachs to launch a digital line of credit for its U.S. sellers through the bank’s digital-only banking arm, Marcus, through CNBC. Business Insider Intelligence Amazon sellers will receive invitations to apply for lines of credit up to $ 1 million from Marcus, with a fixed annual interest rate between …