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"Unleash your lending potential." LoanPro offers a cloud-native, API-first platform designed for managing and servicing loan programs, including consumer and business loans. It integrates loan servicing, payments, and borrower relationships into a single platform. Learn more at https://www.loanpro.io/. #LoanServicing #FinancialTechnology #SoFSpotlights

Want a business loan without the stress? As a Dojo customer, you'll get access to business funding 🔑 Money in your bank fast and pay back an agreed percentage of your daily earnings. Simple! DM me for more details and a free quote #getdojo #businessfunding #PaymentsConsultant #CardPayments #PaymentSolutions #FintechUK #DigitalPayments #MerchantServices #BusinessConsulting #PaymentProcessing #FastPaymentSolutions #UKBusinesses #SmallBusinessPayments #SecurePayments #PaymentIndustry #PaymentInnovation #DojoPayments #UKFintech #ContactlessPayments #MobilePayments #PaymentTechnology #innovation #technology #businessowner #businessowners

We continue to chat all things 'Boost Business Loans' with Daniel La Cognata & Benjamin Brooks. Watch below and find out more about Boost in our upcoming series. #bffinlending #boostbusinessloans #businessfuel #smallbusiness

According to a report from biz2credit, big banks ($10B in assets) approved only 21.3% of small business loan requests in 2015. The same report shared that, as of June 2023, approvals at these same banks have declined steadily over the past 12 months. In particular, there are certain types of businesses that struggle, historically, more than others to secure traditional lending at larger banks. In this post, we will discuss what those business types are, why they struggle, and how they can improve their chances.

The Top 20 SBA Lenders generated over $40 billion in loans to small businesses during the 5-year period 2015-2019. With a little maturity, how have those loans performed for those lenders? The Top 2 credit performers are shown, both sub 1% default and loss. For the other 18, happy to share your info if you message me. BTW, Lumos now has portfolio scoring -🔮predictive models 🔮- for your small business loans. Think about automating your monitoring, get proactive, and spending your time focused on the most crucial areas of your portfolio. I’d love to chat about that too. #smallbusinesslending #banking #finance #creditrisk

Do you like to have access directly to our lending managers through the whole assessment process? Thats how we work! From the very beginning, all the way through to time of funding you get to deal with the one dedicated lending manager. It has been great to heard from Daniel La Cognata Head of Sales, Business Lending & Benjamin Brooks, Head of Lending Sales, Boost Business Loans to chat all things 'Boost Business Loans' with a Q&A session. Find out more about Boost in our upcoming series. #bffinlending #boostbusinessloans #businessfuel #smallbusiness

Want to know more about Boost Business Loans? Listen to Daniel and Ben below to find out more.

Bank statement loans can practical solution for business owners with revenue but facing credit challenges. Skip the traditional hurdles and access funding based on your business's performance rather than credit scores. Our streamlined process means quicker approvals, empowering you to invest in your business's growth without the usual roadblocks. If you're a business owner who's encountered trouble with lending before contact me more about how our bank statement loans can fuel your ambitions, even with credit hurdles. #BankStatementLoans #CreditChallenges #BusinessGrowthGoals

👀What is a business line of credit? Welcome to our new FAQ series where every month we will answer your questions about business loans and finance. A business line of credit is a flexible loan for businesses of all sizes. Similar to a credit card, a business line of credit allows borrowers to withdraw funds up to their credit limit and repay them with interest. Unlike a term loan, where funds are disbursed in a lump sum and repaid over a fixed period, a business line of credit offers revolving credit, meaning that once funds are repaid, they become available for borrowing again. This revolving structure provides businesses with ongoing access to capital to cover short-term expenses, manage cash flow fluctuations, and seize opportunities as they arise. 🔔Stay tuned for more answers to your questions or comment a question you'd like the answer to! #RBF #BusinessFinance #FinancialServices #FAQ