article thumbnail

What is Alternative Credit and How Can It Help Borrowers?

tillful

bankruptcy and lien filings) Residence history Employment history Income amount (monthly or annual) With that in mind, alternative credit data is everything else. OnDeck Uses alternative underwriting processes Next, OnDeck is an online small business lending company that’s delivered $14 billion in business loans since its founding in 2006.

article thumbnail

Rising Inflation: How Will Retirees Get Through Life

Due

These are only two unforeseen events that sparked a surge of bankruptcies. The third quarter of 2020 showed a slight recovery as businesses began reopening, thanks to digital transformation that empowered cashless transactions, hybrid work setups, and e-commerce. It may push you to bankruptcy or debt quicksand.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rising Inflation: How Will Retirees Get Through Life

Due

These are only two unforeseen events that sparked a surge of bankruptcies. The third quarter of 2020 showed a slight recovery as businesses began reopening, thanks to digital transformation that empowered cashless transactions, hybrid work setups, and e-commerce. It may push you to bankruptcy or debt quicksand.

article thumbnail

Rising Inflation: How Will Retirees Get Through Life

Due

These are only two unforeseen events that sparked a surge of bankruptcies. The third quarter of 2020 showed a slight recovery as businesses began reopening, thanks to digital transformation that empowered cashless transactions, hybrid work setups, and e-commerce. It may push you to bankruptcy or debt quicksand.

article thumbnail

Alternative Lending 101

Fundera

In 2006, the top 10 biggest banks in the country lent $72.5 Getting financing from a bank has always been a slow and difficult process: you typically need an excellent credit score, good revenues and cash flow, no history of bankruptcies, and at least two years of business under your belt. billion to small businesses.