I spoke with Sam Hodges, CEO of Funding Circle USA, about the success of Funding Circle and his take on how this business model is an alternative to small business loans. Sam got his start after being kicked out of banks for 96e time trying to get a franchise loan. Even though they had an …

Confirming our previous report, peer-to-peer lender Social Finance said it closed $ 80 million in new financing as it looked to expand its lending operations to mortgages and personal loans. The new round was led by the hedge fund Discovery capital management and included engagements from Wicklow Capital and billionaire investor Peter Thiel – who …

[This is the first in a two part series on the Chinese p2p lending market. Tomorrow we will bring you an exclusive interview with a senior executive at the world’s largest p2p lender.] Quick quiz, what is the biggest e-commerce company in the world? Amazon? Ebay? Wrong. It’s the Alibaba group in China, which is …

Small businesses have been called the lifeblood of our economy, and today a financial services startup has secured significant funding to help it run better. Funding Circle, a UK-based peer-to-peer lending platform that allows individuals and institutions to lend money to small businesses, has secured $ 37 million in funding. At the same time, it …

John Shinal, USA Special TODAY | USA TODAY SAN FRANCISCO – In the brief history of the Internet, the global network has yet to meet a large retail industry from which it cannot extract much value. Think about how we all bought music, books, movies, fashion, and travel services. Today, these industries provide a large …

The loan company Loan volume increased by more than 83% in 2012 compared to 2011, with rapid expansion of Southern California offices in San Diego, Orange, Los Angeles and Ventura counties. Phoenix, Arizona (PRWEB) February 05, 2013 The outlook for mortgage lending activity for 2013 is positive, with real estate markets continuing to improve in …

Bethel Finance, a Harare-based money lending company, reportedly lost more than $ 30,000 to a Battery World Never Munhumayengwa accountant, who allegedly obtained cash loans on behalf of ghost workers. Munhumayengwa (42) is said to have used various bank accounts that the police suspected of belonging to his friends from which he would have accessed …