business owners

Ecobank Nigeria has provided easy, low-interest loans to women traders in Idanre, Ondo State, through its Ecobank Women's Entrepreneurship Initiative (EFEI), to stimulate and expand their business activities. Unveiling the scheme at…

By Dipo Olowookere Women traders in Idanre, Ondo State could not hide their joy at the disbursement of low interest loans by Ecobank Nigeria Limited as the credit facility will boost their businesses. Business post gathered…

NEW YORK — Some small businesses forced to turn to online lenders to fight the pandemic are making these niche players a bigger part of their financial game plan and are even considering ditching their traditional banks altogether.Loans…

Online lenders invite prey for scammers hoping to make a quick buck by disguising themselves as legitimate loan seekers from afar.A study conducted in October by LexisNexis Risk Solutions found that fraudulent attacks against digital…

SAN FRANCISCO/NEW YORK (Reuters/IFR) - Many online lenders have failed to detect the "stacking" of multiple loans by borrowers sneaking into their automated underwriting systems, senior executives told Reuters. lending companies and…

Bill Finley, co-owner of Hemp and Company, was approved in less than 48 hours for his business loan with Company Capital, an online provider that offers short-term loan options for small and medium-sized businesses.Online business lenders…

Jason Curtis is tired of being told no.In three years, the Hendersonville man estimates he's gone to six banks and a handful of credit unions. He was hoping to get approval for a $25,000 loan – the money he needed to buy inventory like…

Sam's Club sells the one-stop-shop concept to small business owners, who purchase everything from office furniture to printer ink at the membership-based retailer. Now they can also seek a deal on a $300,000 loan.The Walmart-owned retailer…

Online lenders have two advantages over banks: internally developed lending algorithms and models that they claim allow them to operate profitably in a market traditionally considered quite risky, and fewer regulatory constraints. Because…