Uncertainty and delay in loan disbursement, high processing fees, lock-in periods, preclosure charges make access to credit near impossible to many entrepreneurs. FinTech firms are disrupting the borrowing space
Alternative credit scoring based on digital data provides lenders a more holistic view of a borrower's creditworthiness and associated risks for credit underwriting
As bad loans continue to plague the country's economy, it is now critical for lending institutions, to be careful about allotting loans and stringent about having a robust collection mechanism.
urning to the leveraged loan market, which was previously exclusive to more established companies, allows Uber to take advantage of historically low interest rates while keeping venture capital backers happy by not further diluting their equity