Capital

Definition of asset financing

What is asset finance? Asset financing refers to the use of assets on a company’s balance sheet, including short-term investments, inventory, and accounts receivable, to borrow money or obtain a loan. The company borrowing the funds must provide the lender with security over the assets. Understanding asset finance Asset financing …

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MeridianLink Announces Acquisition of Teledata Communications, Inc. to Launch New Era of Loan Originating Solution Technology

The acquisition brings together two FinTech industry leaders to further innovate loan origination solution technology for financial institutions nationwide. We are delighted to officially announce that MeridianLink has acquired Teledata Communications, Inc. (TCI). Welcome in the team! The acquisition brings together two FinTech industry leaders to further innovate loan origination …

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Alternative Credit Data, Fair Loans May Focus Under Biden

Editor’s note: This story is part of a series on the trends that will shape the industry in 2021. You can find all the articles on our trend line. After President Joe Biden’s inauguration on Wednesday and a run-off election in Georgia that gave Democrats control of the Senate, financial …

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FCA approaches state guarantee for $ 7.1 billion loan: source

ROME (Reuters) – Italy’s Treasury has taken another step towards approving a state guarantee for a € 6.3 billion ($ 7.1 billion) loan for Fiat Chrysler FCHA.MI Italian unit, a government source told Reuters on Wednesday. FILE PHOTO: The headquarters of Fiat Chrysler Automobiles (FCA) is seen in Turin, Italy …

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