April 2019

Small business owners are turning to online lenders for financing much more frequently than they did just two years ago, Federal Reserve banks have found in a new investigation.Last year, 32% of small businesses looking for credit used a…

NEW YORK (Reuters) - U.S. online lenders such as LendingClub Corp, Kabbage Inc and Avant LLC are reviewing loan quality, securing long-term funding and cutting costs, as executives prepare for what they fear to be the first economic…