Personal loans provide an excellent avenue for individuals to get access to money when they need it. The first and most important decision you’ll need to make when shopping for a loan is secured vs. unsecured personal loans. The choice will depend on your financial goals, financial situation, the amount …
Read More »COVID-19: OCBC To Offer S$1B In Gov’t-Assisted Loans To SMEs As Applications Spike 10 Times
By the end of June 2020, OCBC Bank expects to lend out S$ 1 billion in government-assisted SME (small and medium-sized enterprises) loans to help businesses struggling to survive the COVID-19 pandemic. The S$ 1 billion loan amount will exceed that of what OCBC Bank had lent to small businesses …
Read More »Lendio raises $55 million to surface small business loans using machine learning
Lendio, a company that provides a platform that taps algorithms to match customers with lenders and secure loans, announced that it raised $ 55 million. CEO Brock Blake says the influx of funds will bolster Lendio’s marketplace while enabling it to introduce new bookkeeping and lender services functions. Lendio claims …
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