Opening Access and Transparency to $10 Trillion Corporate Credit Market
Opening Access and Transparency to $10 Trillion Corporate Credit Market
Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (Standard Premium), a leading specialty finance company, today announced an increase to its revolving line of credit with First Horizon Bank (NYSE:FHN), a leading regional bank operating in 12 states across the southern U.S. The amendment raises Standard Premium’s borrowing capacity from $45 million to $50 million, supporting the Company’s strategic growth trajectory. “Standard Premium has consistently demonstrated strong performance and thoughtful leadership in a dynamic market,” said Jake McCrary, managing...
Founders from Ex-Rapyd, Meta and Goldman Sachs build infrastructure to unlock B2B cross-border financial services for global trading companies
Vine Financial Inc., a commercial lending accelerator for banks and credit unions, has secured seed funding and assembled its board of directors. Vine uses advanced AI tools to make commercial lending faster, more accurate, and more auditable. The platform provides one source for every tool a lender needs, from document reading to configurable spreading to document generation. With Vine, commercial lenders can deliver high-quality decisions faster. The funding will fuel Vine’s growth and expand its ability to...
New Lynx module, SPADE, accelerates loan application reviews from 20 minutes to 20 seconds, simplifying small business lending.
New Lynx module, SPADE, accelerates loan application reviews from 20 minutes to 20 seconds, simplifying small business lending.
Funding agreement will accelerate Happy Money's growth and provide more consumers with smart, sustainable debt consolidation solutions
Xactus, a fintech and market leader in verification solutions for the mortgage industry, is focused on broadening integrations in the ecosystem to support the loan life cycle beyond origination into servicing. As part of that effort, Xactus announced the successful completion of its integration with MSP, ICE’s comprehensive loan servicing system. This strategic integration enables mortgage servicers to receive automated flood zone determination updates directly into their servicing system without manual intervention. “This integration is a...
Parlay Finance, an AI-powered Loan Intelligence System, announced a $2 million seed funding round led by JAM FINTOP. This capital positions Parlay to continue scaling its technology nationwide, helping community lenders unlock substantial growth in the $1.4 trillion small business lending market. Closing the Small Business Lending Gap While small businesses drive 44% of U.S. GDP, the lending infrastructure serving them remains stuck in the past–until now. Parlay’s Loan Intelligence System (LIS) unlocks legacy bottlenecks...
Agentic technology helps lenders scale growth and improve customer retention by boosting engagements, conversions, and productivity