Category Archives: Loan approval

HDFC integrates WhatsApp with instant loan approval system for salaried borrowers | India Business News

MUMBAI: HDFC has integrated WhatsApp into its core system to enable potential borrowers to apply for and receive principal mortgage loan approval within two minutes. The company has partnered with Cogno AI to make a formal application and “one-time offer” possible through a conversational stream. The offer is reserved for employees. Apart from the convenience, […]

Need a home loan approval in days? This startup says it’s using technology to reduce turnaround times

Buying a house in India involves lots of paperwork and going through several offices and banks to get a loan, which costs both time and money. The pandemic has made the process even more cumbersome due to reduced bank staff and COVID-19 protocols. Founded in 2021, based in Mumbai Easiloan claims to alleviate these home […]

Approval of N41bn loan by Benue Assembly not new – Akase

May 12 (THEWILL) – The Benue State Governor’s Special Adviser on Media and Publicity, Mr. Terver Akase, has denounced what he called a ‘sponsored online post’, aimed at smearing the reputation by Governor Samuel Ortom and Benue State Assembly Speaker, Mr. Titus Uba, in which the authors of the article attempted to present the administration […]

Salem market hopes for loan approval by Urban Redevelopment Authority

PITTSBURGH (KDKA) – The Hill District is a food wasteland, with no grocery stores nearby. However, that is about to change, but help is still needed. Salem’s Market plans to open a full-service grocery store where the old Shop-N-Save used to be, but they need more money to do so. The Urban Redevelopment Authority’s discussion […]

Liberty reveals how borrowers can boost their chances of home loan approval

Home loan Home loan MELBOURNE, Australia, May 04, 2022 (GLOBE NEWSWIRE) — Getting a good home loan application the first time is crucial, and non-bank lender Liberty says borrowers can take simple steps to increase their chances of success. As a leader in the Australian mortgage business, Liberty works closely with those looking home loans […]

NYIF Loan Approval Begins – Login to NYIF Dashboard Check Status

NYIF Disbursement Begins: How to Check Nigerian Youth Investment Fund Loan Status Check your NYIF loan status on the DASHBOARD as NYIF loan approval is pending NYIF Login: All applicants can login to NYIF account and check the status of their loan application dashboard. Working with the Central Bank of Nigeria (CBN) and Nirsal Microfinance […]

Herbster Victim Witness Fund, $41M Loan Approval, Wheelchair Tennis Star

Read previous Reed Moore daily newsletters HERE IS YOUR RECAP International Guide Dog Day Reed Moore loves these beloved animals to improve the quality of life for people who are blind, visually impaired or have other special needs. Today’s News: Four female state senators are launching the Herbster Victims’ Witnesses Legal Defense Fund to support […]

Faster loan approval, cheaper loans; Know how beneficial a good rating is

When applying for loans from banks or any other financial institution, the CIBIL score of the borrower is examined. The score ranges from 300 to 900. The higher the score, the better. Generally, a score above 750 is considered good where the chances of loan approval become higher. Banks approve loans or issue credit cards […]

Small business loan approval rates are climbing, but not fast enough

Loan approval rates continue to rise slowly, but not fast enough, according to the Biz2Credit Lending Index, released April 12. “Small business lending hasn’t fully recovered,” said Rohit Arora, CEO of Biz2Credit. “This is disappointing news for companies looking to grow their businesses.” The report includes loan approval rates through March 2022. Although approval rates […]

NYIF Loan Approval is In Progress – Login to NYIF Dashboard Check Status

Check your NYIF loan status on the DASHBOARD as NYIF loan approval is pending NYIF Login: All applicants can login to NYIF account and check the status of their loan application dashboard. If you visit the official NYIF portal today, you will see a social media post. According to the latest information, the Nigerian Youth […]

MG Motor India Launches e-Pay Portal for Fast Auto Loan Approval | Mobility news

MG Motor India has launched MG e-Pay, an end-to-end online car finance platform with fast loan approvals. The site was created with the aim of providing transparent and convenient online car buying options. MG has partnered with ICICI Bank, HDFC Bank, Kotak Mahindra Prime & Axis Bank to offer personalized and instant financing options under […]

hdfc: HDFC Witnesses Highest Loan Approval Ever; crosses Rs 2 lakh crore in FY22

NEW DELHI: Mortgage lender HDFC said on Wednesday it had approved the highest retail home loans of over Rs 2 lakh crore in 2021-22. The demand for these loans came from across the country, HDFC said in a statement. HDFC Managing Director Renu Sud Karnad said: “In over four and a half decades, I have […]

HDFC Witnesses Highest Loan Approval Ever; crosses Rs 2 lakh cr in FY22

HDFC Managing Director, Renu Sud Karnad, said: “In more than four and a half decades, I have not seen a better time for the housing sector than today due to falling interest rates. interest, housing price stability, government focus on affordable housing, improving affordability, favorable demographics. , growing urbanization and growing aspirations”. Mortgage lender HDFC […]

Small business loan approval rates continue to rise in February

Approval rates for small business loans at large banks (over $10 billion in assets) fell from 14.5% in January to 14.7% in February, and approval rates in Small banks (less than $10 billion in assets) also rose, rising 20.3% in January. to 20.5% in February, according to Biz2Credit’s Small Business Lending Index. Among several categories […]

Biz2Credit Small Business Lending Index™ Reveals Loan Approval Rates Continue to Rise in February

Get instant alerts when news breaks on your stocks. Claim your one week free trial for StreetInsider Premium here. NEW YORK, March 15, 2022 (GLOBE NEWSWIRE) — Small Business Loan Approval Percentages at big banks ($10+ in assets) went from 14.5% in January to 14.7% in January, and small banks‘ Approvals also increased, from 20.3% […]

Welcome to the Silicon India Network

It looks like you typed the wrong URL. What is Silicon India? SiliconIndia is one of the largest content and community networks for Indian professionals, entrepreneurs and students around the world. Since 1997, we’ve inspired the success of Indian professionals through our thought-provoking SiliconIndia career events and magazines. Now, with […]

Maybank unveils Home2u for fast loan approval

KUALA LUMPUR: Malayan Banking Bhd introduced Maybank Home2u on its MAE app – Malaysia’s first-ever digital home finance solution in an integrated banking application (app), capable of providing finance approval within 10 seconds of completing the application form. The digital home finance solution is expected to contribute more than 20% of the bank’s total home […]

World Bank seeks approval for $350m loan to Ukraine within days – Sources – SABC News

The World Bank is pushing for ‘fast track’ approval of an additional $350 million loan for Ukraine within days to provide emergency funds for its defense efforts against Russian invasion, officials said. said people familiar with the plans. The expansion of an existing loan would provide “fiscal support” to Ukraine, leaving no restrictions on how […]

EXCLUSIVE World Bank seeks approval for $350m loan to Ukraine within days – sources

A participant stands near a World Bank logo at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo Join now for FREE unlimited access to Reuters.com Register WASHINGTON, March 1 (Reuters) – The World Bank is pushing for “fast track” approval of an […]

Exclusive – World Bank seeks approval for $350m loan to Ukraine within days – sources | WKZO | All Kalamazoo

By David Lawder WASHINGTON (Reuters) – The World Bank is pushing for “fast track” approval of an additional $350 million loan for Ukraine within days, to provide emergency funds for its defense efforts against the Russian invasion, people familiar with the plans said. The expansion of an existing loan would provide “fiscal support” to Ukraine, […]

Exclusive – World Bank Seeks Approval of $350 Million Loan to Ukraine in Days – Sources | Investment News

WASHINGTON (Reuters) – The World Bank is pushing for “fast track” approval of an additional $350 million loan for Ukraine within days to provide emergency funds for its defense efforts against the Russian invasion, people familiar with the plans said. The expansion of an existing loan would provide “fiscal support” to Ukraine, leaving no restrictions […]

s114’s renewed fears for Croydon pending loan approval

Croydon LBC faces another financial meltdown amid fears it misused £73million – which may need to be cut from its revenue budget – as it also faces an anxious wait to find out whether ministers will support a capitalization loan of £25 million. The London Borough is among eight councils still awaiting ministerial approval of […]

Anchorage Home Buyer Loan Approval Rate of 94.2% Highest in the United States | Newsletter

Buying a home during the pandemic has been a story of bidding wars, housing shortages and rapidly rising house prices. Despite this, historically low interest rates have encouraged millions of buyers to take out loans for new homes. According to mortgage data at the loan level of the Home Mortgage Disclosure Act (HMDA)86.3% of 2020 […]

Cities with the highest loan approval rates

Photo credit: Freedomz / Shutterstock Buying a home during the pandemic has been a story of bidding wars, housing shortages and rapidly rising house prices. Despite this, historically low interest rates have encouraged millions of buyers to take out loans for new homes. According to mortgage data at the loan level of the Home Mortgage […]

5 tips for securing a mortgage

Getting a home loan is much easier if you are well prepared. (Source: Getty) Getting approved for a home loan is difficult. Ask anyone who’s tried it in the past few years. The government wanted to relax so-called “responsible lending” laws to stimulate the economy and get money flowing when COVID hit, but they didn’t […]

Small business loan approval rates continue to climb

Loan approval rates from all types of lenders continue to rise in very small increments, according to the Biz2Credit Small Business Lending Index released Feb. 8. The report includes loan approval rates through January 2022. While approval rates are increasing, they are increasing in the same slow growth pattern that has existed for over a […]

ClearScore Australia releases the confidence to understand your chances of loan approval

ClearScore Trust: Empowering consumers to make better lending decisions Key points: ClearScore is launching a new feature for its Australian users: ClearScore Trust. ClearScore Trust helps users understand their chances of approval on their loan applications. The feature is currently available for personal loans and will soon include car loans, followed later by credit cards. […]

NMFB’s New NIB Loan Approval Available Today

Management of Nissal Microfinance Bank NMFB has released a new update on NIB interest free bank loans. According to NMFB, new loan approvals are on the way. New NMFB Loan NIB Approved Today Update: NIB NMFB loan approval will occur in the first week of February 2022, according to our trusted sources. We will update […]

A Guide to Conditional and Unconditional Home Loan Approval

Want to take a bite out of the real estate market? Before you get started, it’s important to maximize your financial situation and agree to increase your chances of getting approved for a home loan. You’ve put in the hard yards and saved enough for a security deposit, maintained a good credit rating, and signed […]

Claims to take away, Christmas shopping preventing home loan approval

Shanks says she wrote to Trade Minister David Clark on December 16 to raise the issues and request a meeting, but is still awaiting a response. She wrote that the industry supported measures to protect consumers and understood that the changes were intended to do so. However, she said implementing the changes has led to […]

Why small business loan approval rates are climbing at a snail’s pace

Although the approval percentages of banks and non-bank lenders (institutional lenders, alternative lenders and others) have risen steadily over the past 12 months, the rebound in small business lending is far from robust. Bank vault. (Photo by Dick Whittington Studio/Corbis via Getty Images) Corbis via Getty Images According to the latest Biz2Credit Small Business Loan […]

Biz2Credit Small Business Lending Index ™ for December finds loan approval rates continue to rise, but at a slow pace

Approval percentages at large banks, small banks, institutional lenders, alternative lenders and credit unions are still about half of what they were in December 2019 NEW YORK, January 11, 2022 (GLOBE NEWSWIRE) – Small business loan approval percentages in big banks ($ 10 + in assets) fell from 14.2% in November to 14.3% in December, […]

SMBs Demand Faster Loan Approval: RazorpayX Study

SMBs Demand Faster Loan Approval: RazorpayX Study New Delhi, January 11 (KNN) According to a study by RazorpayX, one in two small businesses agree that limited resources and lack of knowledge are the two biggest challenges to their digital transformation aspirations. According to their findings, more than 50% of SMEs are asking for easier and […]

Federal Bank Unveils Instant 30-Minute Loan Approval Portal for MSMEs

🔊 Listen to this article federal bank has launched an online lending platform named federalinstaloans.com in British Columbia with the aim of facilitating quick and hassle-free credit approvals for Micro, Small and Medium Enterprises (MSMEs) across India. The platform helps MSME borrowers get loans in less than 30 minutes digitally by uploading their tax returns, […]

Federal Bank Launches Instant Loan Approval Portal for MSMEs

MUMBAI: Private sector lender Federal Bank announced on Tuesday that it has launched an online lending platform federalinstalloans.com to facilitate quick and hassle-free credit approvals for Micro, Small and Medium Enterprises (MSMEs) across India. According to the bank, the platform enables MSME borrowers to get loans in less than 30 minutes digitally, uploading their tax […]

How To Get A Home Loan Approval In 2022

You’ve done the hard work of saving up for a deposit for a property, only to find the job isn’t done when it comes time to apply for a mortgage. And getting mortgage approval is only going to get more difficult in 2022. First, APRA has increased the “stress test” for home loan applicants to […]

4 Including woman arrested for cheating on people over loan approval: Delhi Police

Nine cell phones, one cordless phone, one laptop, six ATM cards were seized (depiction) New Delhi: Four people, including a woman, have been arrested for allegedly duping people under the pretext of sanctioning loans, police said on Saturday. The accused were identified as Arun Kumar (26 years old) and Sunil (30 years old), both residents […]

Clean Hydrogen Project, Carbon Black Secures $ 1 Billion Conditional Loan From DOE | 2021-12-23

Clean Hydrogen Project, Carbon Black Secures $ 1 Billion Conditional Loan From DOE | 2021-12-23 | Engineering News-Record This website requires certain cookies to function and uses other cookies to help you have the best experience. By visiting this website, some cookies have already been installed, which you can delete and block. By closing this […]

Small business loan approval as a business loan applicant – NewsGram

By Aakshit Rajput Small businesses need financing to grow. And getting funds for your business can seem like a big challenge. Well that was the truth a few decades ago, but now small business loans are one of the simplest financial tools available to you. Through several government initiatives to stimulate local businesses and innovative […]

Small business loan approval rates continue to trend upward among all lenders

Small business loan approval rates at major banks continued their upward trend, from 14.1% in October to 14.2% in November. Biz2Credit Small Business Lending Index Report – November 2021 The data comes from the last Biz2Credit Small Business Loan Index. Increase in loans to small banks Besides the increase in small business loans from the […]

SBP streamlines loan approval process for MFB borrowers

KARACHI: The State Bank of Pakistan on Saturday released revised prudential regulations for microfinance banks (MFBs) to streamline the requirement to obtain a credit information report (CIR) and simplify the process of documentation for borrowers. The central bank, in a statement, earlier said that the Credit Bureaus Act (CBA) 2015 was enacted to provide a […]

Biz2Credit Small Business Lending Index ™ for November Finds Loan Approval Rates Continue to Rise at Banks and Non-Bank Lenders

The approval percentages of large banks, small banks, institutional lenders and alternative lenders are increasing; Credit unions stagnate in November NEW YORK, December 8, 2021 (GLOBE NEWSWIRE) – Small businesses loan approval percentages To big banks (assets over $ 10 billion) fell from 14.1% in October to 14.2% in November. During this time, small banks” […]

New ‘Instant Mortgage’ Product Promises 60-Minute Home Loan Approval

A major US fintech has launched a new “instant mortgage” product in the APAC region that promises to approve home loans in just 60 minutes. Silicon Valley giant FICO first launched the product in Singapore at the height of their foreclosure and reaped the rewards, with US $ 700 million (A $ 977 million) in […]

KSE-100 plunges despite IMF loan approval

KARACHI: Pakistan’s stock market took a heavy toll on Monday, as the benchmark KSE-100 plunged 744 points and plunged below the 46,000 point level. The higher-than-expected benchmark interest rate hike of 150 basis points weighed on the business environment and even the long-awaited approval of the International Monetary Fund for the disbursement of the next […]

Delay in approval of IMF loan bump PSX

KARACHI: The Pakistan Stock Exchange (PSX) received a hammer blow in the outgoing week, as the delay in resuming the International Monetary Fund (IMF) lending program dented investor enthusiasm and held them back. ‘difference. A host of additional negative triggers such as the decline in the value of the rupee against the US dollar and […]

Biz2Credit Small Business Lending Index ™ for October Finds Loan Approval Rates Rise at Banks and Non-Bank Lenders for Sixth Month in a Row

Enter Wall Street with StreetInsider Premium. Claim your 1-week free trial here. NEW YORK, November 09, 2021 (GLOBE NEWSWIRE) – Small businesses loan approval percentages To big banks (assets over $ 10 billion) fell from 14% in September 2021 to 14.1% in October. During this time, small banks” approvals also fell from 19.5% in September […]

Eskom Gets $ 57.6 Million Loan Approval From African …

Africa’s largest power company, Eskom, has received approval for a $ 57.67 million loan from the African Development Bank to boost power generation from renewable energy. Dr Daniel Schroth, African Development Bank’s acting director for renewable energy and energy efficiency, said the loan is based on a multi-donor funding program launched in 2011 by leading […]

South Africa: Eskom secures $ 57.6 million loan approval from African Development Bank

This is a much needed boost to renewable energy for South Africa’s electric utility. Africa’s largest power company, Eskom, has received approval for a $ 57.67 million loan from the African Development Bank to boost power generation from renewable energy. Dr Daniel Schroth, African Development Bank’s Acting Director for Renewable Energy and Energy Efficiency, said […]

Banking fair to borrower who couldn’t get loan approval in time for auction, ombudsman says

A borrower who applied for a home loan three days before an auction and did not receive the money in time to bid on the house he wanted had his complaint against his bank rejected. The man did not have all the information needed for the bank to process his request, and instead asked if […]

Auto Expert Houston Launches New Used Car Loan Approval Program Despite Bad Credit

Auto finance credit approved quickly and easily for customers with credit history issues HOUSTON, UNITED STATES, October 24, 2021 /EINPresswire.com/ – Auto Expo Houston today announced the launch of its new “Bad Credit Auto Finance Program” for customers who need a car but are reluctant to buy one based on their credit history. Since the […]

Rising small business loan approval rates at all financial institutions

Small business loan approval rates at large banks fell from 13.9% in August 2021 to 14% in September. Small bank approvals also fell from 19.3% in August to 19.5% in September. The data comes from the latest Biz2Credit Small Business Lending Index. Biz2Credit Small Business Loan Index – September 2021 The raise of loan approval […]

Sprout Mortgage Unveils Another Innovative Tool to Automate the Loan Approval Process

EAST PRAIRIE, NY, October 15, 2021 / PRNewswire / – Sprout Mortgage Strengthens Its Robust Line Of Automation Tools For A Fully Digital Mortgage Experience With The Release Of Its Third Originator-Driven Mortgage Tool. Sprout will unveil iAnalyze, the first non-QM bank statement analysis tool of its kind, at the Mortgage Bankers Association’s annual gathering […]

Small business loan approval rates rise among bank and non-bank lenders in September

Small business loan approval percentages at large banks (or those with $ 10 billion or more in assets) fell from 13.9% in August to 14% in September. At the same time, approval rates for small banks rose to 19.5% in September, from 19.3% the month before, according to the latest Biz2Credit Small Business Loan Index. […]

Biz2Credit Small Business Lending Index ™ for September sees loan approval rates increase at banks and non-bank lenders for fifth consecutive month

News and research before you hear about it on CNBC et al. Claim your 1-week free trial for StreetInsider Premium here. NEW YORK, October 12, 2021 (GLOBE NEWSWIRE) – Small businesses loan approval percentages To big banks (assets over $ 10 billion) fell from 13.9% in August 2021 to 14% in September. During this time, […]

Auto Expo Houston Launches Used Car Loan Approval Program For Bad Credit

Auto finance credit approved quickly and easily for customers with credit history issues HOUSTON, UNITED STATES, October 8, 2021 /EINPresswire.com/ – Auto Expo Houston, a used car dealership dedicated to providing the ultimate used car shopping experience, today announced the launch of its new bad credit auto finance program for customers who need a car […]

15 U.S. Cities With The Highest Loan Approval Rates

sirtravelalot / Shutterstock.com Editor’s Note: This story originally appeared on Smartest dollar. Pent-up demand due to the coronavirus pandemic, low interest rates and shortage of properties have created a booming housing market with levels of refinancing activity. While the values ​​of typical houses have increase By 15% from a year ago, the housing market is […]

The relationship between your salary and the approval of your personal loan

A personal loan can be used for travel abroad, study, marriage, or any other reason when you need a large amount of financial assistance. Interesting data from RBI indicates that the amount of money individuals borrow in the form of personal loans has increased dramatically over the past two years. The reason is that they […]

UNRA urges MPs to speed up loan approval for Hoima oil road

Members of Parliament at the Infrastructure Committee during a field visit to critical oil routes being upgraded. Kampala, Uganda | IAN KATUSIIME | The Uganda National Roads Authority (UNRA) urged Members of Parliament to speed up approval of a new loan to complete the Hohwa-Nyairongo-Kyarushesha road and its other sections which total 93 km in […]

Uganda: Unra urges MPs to speed up loan approval for Hoima oil road

Kampala, Uganda – Members of Parliament have been urged by the Uganda National Roads Authority (UNRA) to expedite approval of a new loan to complete the Hohwa-Nyairongo-Kyarushesha road and its other sections which total 93 km in the oil region. UNRA Executive Director Allen Kagina urged MPs from the Parliamentary Infrastructure Committee who, along with […]

Nowofloan transforms lending business with loan approval

Surah (Gujarat) [India], September 16 (ANI / PNN): Nowofloan.com, the Surat-based digital lending platform, is revolutionizing the lending industry. The startup has partnered with several banks and non-bank financial corporations (NBFCs) to launch a membership card that can allow members to get digital loan approval in just 30 minutes. Since its launch on July 24, […]

Biz2Credit: Loan Approval Rates Rise at Banks and Non-Bank Lenders in August

Small business loan approval percentages in large banks (over $ 10 billion in assets) fell from 13.8% in July 2021 to 13.9% in August, up three tenths of a percentage from a year ago. Meanwhile, approvals of small banks also fell from 19.1% in July to 19.3% in August, according to the latest Biz2Credit Index […]

Increase Chances Of Auto Loan Approval With Bad Credit

Having a bad credit rating up front can be a big drawback when looking to take out a car loan. However, there are lenders who help borrowers with credit problems, and we have some tips to increase your chances of qualifying for vehicle financing. Step 1: Know your credit situation When you apply for new […]

Biz2Credit Small Business Lending Index ™ for August Finds Loan Approval Rates Rising at Banks and Non-Bank Lenders

NEW YORK, September 14, 2021 (GLOBE NEWSWIRE) – Small businesses loan approval percentages To big banks (over $ 10 billion in assets) fell from 13.8% in July 2021 to 13.9% in August, up three tenths of a percentage from a year ago. During this time, small banks” approvals also fell from 19.1% in July to […]

Report: Tennessee has 20th lowest mortgage approval rate in the US

The pent-up demand due to the pandemic, low interest rates and a shortage of properties have created a booming housing market with near-record levels of refinancing activity. While typical home values ​​are up 15% from a year ago, the housing market is expected to remain warm in many cities through the end of the year […]

Trade Ledger Boosts Business Loan Approval Speeds, Delivering 90% Reduction in “Response Time” in ScotPac Asset Finance Pilot

Real-time platform offers fast approval time, reducing decision times from days to hours All-digital experience transforms SME financing for businesses and their advisors 300% growth in asset financing business volume achieved since implementation Loan-as-a-Service platform helps ScotPac Company position itself as one of the few Australian companies and New Zealand corporate financiers able to quickly […]

Massachusetts has 14th highest mortgage approval rate in the United States – Framingham SOURCE

In all transparency, here is a press release *** BOSTON – pent-up demand due to the pandemic, low interest rates and a shortage of properties have created a booming housing market with near-record levels of refinancing activity. While typical home values ​​are up 15% from a year ago, the housing market is expected to remain […]

Baraboo Library Project in Limbo as Organizers Wait for Loan Approval | Regional news

Pat Cannon, executive director of the Community Development Authority that oversees the project’s fund, said the requests continued without an approval delay. Some of the investigations did not appear necessary, he said. Support local journalism Your membership makes our reporting possible. {{featured_button_text}} “They keep asking questions,” Cannon said. “The last one was information that we […]

Loan approval paves the way for mixed-use project in Miami’s Wynwood Arts District

After securing a $ 142.3 million construction loan, developers PMG and Greybrook Realty Partners will proceed with construction of the 10-story Society Wynwood mixed-use project at 2431 NW 2nd Ave. The loan will help finance the project, construction of which began earlier in 2021.. “We are excited to expand our relationship with these leading lenders […]

Smart Ways to Increase Chances of Home Loan Approval

Applying for a home loan on the basis of an optimal IME would improve your chances of obtaining a home loan Owning a home is truly rewarding. The feelings associated with owning a home cannot be equated with anything else. But, lenders take a very cautious approach when evaluating mortgage applications, especially those involving the […]

Small Business Loan Approval Rates Rise at Big Banks

From June to July 2021, small business loan approvals at large banks fell from 13.6% to 13.8%. The data comes from the latest Biz2Credit Small Business Lending Index. The index also signals an increase in loan approvals from institutional and alternative lenders in July. Biz2Credit Index of Small Business Loans – July 2021 The increase […]

Biz2Credit: Small Business Loan Approval Rates Rise at Banks in July

According to Biz2CreditAccording to the latest Small Business Lending Index, small business loan approval percentages at large banks (over $ 10 billion in assets) fell from 13.6% in June to 13.8% in July, reaching the same percentage as last July. At the same time, approval rates for small banks also increased, from 18.9% in June […]

How to increase your chances of getting a home loan

If you are considering buying a home, you are probably wondering how to increase your chances of getting approved for your home loan. Each lender usually has their own loan and approval process. For first-time buyers, it can be a little confusing not knowing if you will actually be successful. But fear not, there are […]

Biz2Credit Small Business Lending Index ™ Finds Loan Approval Rates Rise at Banks, Institutional and Alternative Lenders in July 2021

Receive instant alerts for news on your actions. Claim your 1-week free trial for StreetInsider Premium here. NEW YORK, August 10, 2021 (GLOBE NEWSWIRE) – Small businesses loan approval percentages To big banks (over $ 10 billion in assets) fell from 13.6% in June 2021 to 13.8% in July, the same percentage as a year […]

Auto loan approval ratings hit highest since 2015

Getting a car loan has not been so easy in years. Why is this important: It comes amid a demand windfall that began at the start of the pandemic – when traveling by car became the most attractive mode of transportation. Auto loan approval ratings are at their highest since 2015, according to Cox Automotive. […]

Get Home Loan Approved Faster With These 6 Simple Tips

For the most part, buying a property is a dream come true and one of the most important stages in life. And given the prices of real estate in India, taking out a home loan is often the most convenient and affordable way to make this dream come true. Most mortgage lenders list strict eligibility […]

Contracts Speed ​​Up Mortgage Approval Rates for Small Businesses

Two recent stars of Little Rock Venture Center’s Community Banking Accelerator Program continue their efforts in securing federal contracts that make it easier to approve small business and home loans. Springdale’s Teslar Software reports that its banking technology supported more than 20% of paycheck protection program loans issued by community financial institutions this year. The […]

Home loan approval rate on the rise

CLICK TO ENLARGE PETALING JAYA: Home loan approval rates are expected to start picking up from the third quarter of this year, as foreclosure restrictions begin to ease as the economy gradually opens up. UOB Kay Hian, in a report, noted that the mortgage approval rate saw a monthly increase of four percentage points in […]

A quick guide to the loan approval process

Do you want to drive a car? Own a house? Go to the University? Consolidate your debt? Finance your wedding? If you answered “yes” to any of these questions, chances are you will need to apply for a loan at some point. If you do, don’t feel bad; more than half of americans say they […]

How to Identify the Risk of Fraud to Streamline Loan Approval

Now more than ever, lenders need a solution that creates more efficiency so they can better handle high volumes. HousingWire recently spoke with Robert Karraa, President of First American data and analyzes, on how lenders can better identify the risks of fraud and errors in mortgage loan applications. HW: Fraud has been a hot topic […]

Davao-Samal bridge project still awaiting loan approval from China

DAVAO CITY (MindaNews / June 16) – The Department of Public Works and Highways (DPWH) cannot begin construction of the multi-billion 3.98-kilometer Davao City-Samal Island bridge without the loan agreement from the China, under secretary for public works and highways Emil dit K. Sadain. Ferry crossing to Samal Island. MindaNews file photo Reacting to the […]

MX speeds up loan approval process for FormFree and closes over 1 million loans

MX speeds up loan approval process for FormFree and closes over 1 million loans By Pavithra R MX, a leader in open finance and creator of the Money Experience category, announced that it has implemented API and token-based connections with FormFree, a leader in digital asset verification. Founded by former Wall Street executive Brent Chandler […]

PPP Closures and Rising Approval Rates for Small Business Loans

The Paycheck Protection Program (PPP) provided many small businesses with much-needed funds during the pandemic, but the program has now ended. And it’s going to force business owners to go back to the funding sources they used before PPP. In this week’s roundup, the Biz2Credit Small Business Lending Index for May found that approval rates […]

Small Business Loan Approval Rates Rise As P3 Ends

The end of the Paycheck Protection Program (PPP) has arrived, and that means companies will seek funding from traditional sources. According to Biz2Credit Index of Small Business Loans for the month of May, loan approval rates increased for banks and non-bank lenders. Small Business Loan Index – May 2021 While the higher approval rates aren’t […]

Biz2Credit: Small Business Loan Approval Rates May Increase When PPP Ends

Small business loan approval percentages at large banks (or those with more than $ 10 billion in assets) edged up from 13.4% in April to 13.5% in May, according to the latest Biz2Credit Index of Small Business Loans. In addition, approvals at smaller banks jumped from 18.2% in April to 18.7% in May. “Loan approvals […]

PM Modi 59-minute MSME loan approval: banks disburse 2.15 lakh requests; the amount exceeds Rs 60k crore

Former MSME Minister Nitin Gadkari informed Parliament in March this year that only 343 guarantees amounting to Rs 40.56 crore had been issued as of March 10, 2021, since the launch of the program. (Image: PTI) Credit and financing for MSMEs: The number of loans sanctioned by public and private sector banks and non-bank financial […]

World Bank Rural Development Loan Approval Expected Soon

REUTERS The World Bank is expected to approve a $ 280 million loan from a facility known as Second Supplementary Financing (AF2), which will support agricultural enterprises and rural infrastructure works under the Philippine Rural Development Project (PRDP ), the Ministry of Agriculture (DA) mentioned. Agriculture Secretary William D. Dar said in a statement on […]

Make your personal loan approval easier with the Fullerton app

Due to the unprecedented COVID-19, global economies have been disrupted and families have been financially shattered. In these times, there is no better way to manage your finances than to resort to personal loans. Whatever your need, you can take out a personal loan and take care of your worries. Getting a personal loan has […]

Chances of credit card or loan approval are higher now than around this time last year

Some people may now find it easier to get credit approved than at the start of the first coronavirus foreclosure in March 2020, Experian explains. Analysis by the credit check company found that the number of people who have a high chance of being approved for a credit card is five percent higher than in […]

President Buhari calls for approval of $ 2.18 billion loan from Senate – Nairametrics

President Muhammadu Buhari sent a letter to the Nigerian Senate requesting the sum of $ 2.18 billion in external loan for approval to fund the 2021 Appropriations Act. It was disclosed Tuesday, as Senate Speaker Ahmed Lawan read the presidency’s letter asking for approval. READ: MDAs failed to hand 3 trillion naira to treasury in […]

Biz2Credit: Approval Rates for Non-PPP Loans Remain Relatively Unchanged in April

Small business loan approval percentages at large banks (or those with more than $ 10 billion in assets) edged down to 13.4% in April from 13.5% in March 2021, according to the latest. Biz2Credit Index of Small Business Loans. Likewise, approvals at smaller banks fell to 18.2% in April, from 18.3% in March. “Traditional small […]

Instant Home Loan Approval – Are You Eligible?

While other lenders grapple with long lead times and awkward approval processes, fintech Nano has launched a new home loan where loan approval is granted on the spot. What’s the catch? The new home loan is offered by Nano, which is “not a traditional lender,” co-founder Andrew Walker told Finder. “It’s a financial technology company […]

4 eligibility criteria to boost your chances of obtaining a personal loan

Make sure you build and maintain a strong credit score to increase personal loan eligibility. Personal loan is one of the most preferred loan options for those in need of quick funds. However, its unsecured nature leads lenders to take a cautious approach when evaluating loan applications. This can result in rejection of personal loan […]

Big four banks tighten mortgage approval times

National Australia Bank CEO Ross McEwan told the home economics committee on Friday that the NAB could green light a ‘vanilla’ home loan in less than 24 hours. “For a simple mortgage, in one of our agencies, 50% are [approved in] less than a day and the remaining 50% less than five days, ”said McEwan. […]