PRNewswire
by PRNewswire
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Direct LendingGlia Partners with MeridianLink® to Improve Loan Origination

August 27, 20204 min

Glia, a leading provider of Digital Customer Service, today announced that it has joined forces with MeridianLink, a developer of multi-channel account opening and loan origination platforms, to bring Digital Customer Service to MeridianLink’s bank and credit union clients. By incorporating Glia’s modern communications and collaboration platform into the loan origination process, customers can communicate with their institutions through their channel of choice, whether that’s voice, messaging, video, or a combination of all three. Lenders can leverage advanced...

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PRNewswire
by PRNewswire
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Direct LendingLending Arm Ally Expands Financing Into Retail

August 25, 20205 min

Ally Lending, the personal lending arm of Ally Bank, a subsidiary of Ally Financial Inc. (NYSE: ALLY), today announced its partnership with Vyze, Mastercard’s leading alternative financing platform for retailers. Ally’s entrance into point-of-sale retail financing builds on its deep experience and rapidly growing footprint in healthcare and home improvement lending. Ally Lending will serve as the first installment loan lender on the Vyze platform, giving thousands of retail merchants access to a financially stable lender for higher-ticket...

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PRNewswire
by PRNewswire
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Direct LendingDirect Lending Fund Manager Finances Tilting Point’s Second UAF

August 14, 20205 min

Metropolitan Partners Group Management, LLC (“Metropolitan”), a direct lending fund manager that provides senior-secured, transitional capital to small and mid-sized businesses in the U.S., closed an investment to finance the expansion of gaming marketing and publishing company Tilting Point’s User Acquisition Fund. This represents Metropolitan’s second investment in Tilting Point after providing initial financing for its User Acquisition Fund in July 2018 and providing the company with growth capital to continue building on its powerful AI-driven...

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BusinessWire
by BusinessWire
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Direct LendingLending solutions firm ezbob bids for Part of BCR’s £100m Pool E

July 7, 20204 min

ezbob, an established technology provider that powers the digital SME lending arm of several UK banks has today announced that it has submitted its proposal for part of the BCR’s (Banking Competition Remedies) £100m Pool E. Tomer Guriel, Founder and CEO at ezbob, said: “We are delighted to submit a bid for the BCR Pool E funds which will allow us to provide our technology not only to banks but also to smaller financial institutions...

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PRNewswire
by PRNewswire
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Direct LendingTamarack Spins-off Salesforce.com Product Division to Northteq

July 1, 20206 min

Spin-off splits company into two entities and positions each for growth within their area of expertise   MINNEAPOLIS, July 1, 2020 /PRNewswire/ — Tamarack Consulting, Inc, a leader in providing independent software solutions in the equipment finance and commercial lending industry, has announced the spin-off of its Origination Systems/Salesforce.com products division to Northteq, Inc. As a result of the spin-off the two companies will operate as independent entities. Tamarack will continue to focus on Portfolio Management...

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