Articles: Secured loans

Ahead of IPO, Fusion Microfinance Announces Plan to Generate Secured Loans for SMEs October 30, 2022 Fusion Microfinance, which is expected to launch its IPO later this week, plans to boost its secured lending business by introducing a separate NBFC that will target small and medium enterprises (SMEs). The company, backed by global private equity firm Warburg Pincus, piloted a portfolio of secured Read more → Bandhan Bank to increase secured loan exposure to 70% by 2025 October 13, 2022 Bandhan Bank seeks to increase the share of secured loans to nearly 70% of its total advances by 2025, supported by growth in housing loans and advances to MSMEs. Secured loans currently make up about 39% of its advances, while the remaining 61% comes from unsecured loans, mostly microloans. Read more → Bandhan Bank to increase secured loan exposure to 70pc by 2025 October 13, 2022 Private lender Bandhan Bank said on Thursday it would diversify its asset base by increasing exposure to secured loans to 70% by 2025. Read more → Bandhan Bank to increase secured loan exposure to 70pc by 2025 October 13, 2022 Private lender Bandhan Bank said on Thursday it would diversify its asset base by increasing exposure to secured loans to 70% by 2025. Read more → Bandhan Bank to increase secured loan exposure to 70% by 2025 October 13, 2022 Private lender Bandhan Bank said on Thursday it would diversify its asset base by increasing exposure to secured loans to 70% by 2025. Read more → Bandhan Bank to increase secured loan exposure to 70pc by 2025 October 13, 2022 Private lender Bandhan Bank On Thursday, it announced it would diversify its asset base by increasing exposure to secured loans to 70% by 2025. Read more → Published data on equity-backed loans of conglomerate-owning families September 28, 2022 Business tracker Leaders Index said on Sept. 27 that Samsung Group is the South Korean business group whose owning family holds the most equity-backed loans. Read more → NFTs are now collateral for secured loans. Are you legally protected? July 11, 2022 Regardless of personal opinions, it has become almost impossible not to notice non-fungible tokens (NFTs). Even with recent downturns, total NFT sales volume could top $90 billion by the end of this year (after hitting a record high $40 billion in 2021). This success has sparked a new kind of intere Read more → NFTs are now collateral for secured loans. Are you legally protected? July 11, 2022 Regardless of personal opinions, it has become almost impossible not to notice non-fungible tokens (NFTs). Even with recent downturns, total NFT sales volume could top $90 billion by the end of this year (after hitting a record high $40 billion in 2021). This success has sparked a new kind of intere Read more → Newly launched Bergen Finance provides £29m in first-half secured loans from a standing start July 6, 2022 S Secured lending newcomer Bergen Finance lent more than £29m in its first six months of trading, with a further £40m in legal due diligence. Bergen, headquartered in London with offices in Leeds and Manchester, offers property-backed loans to a wide range of corporate borrowers and has already secu Read more → Crypto Broker Voyager Digital Said It Got Loans From Alameda Research June 18, 2022 Crypto financier Voyager Digital has signed a non-restrictive term sheet with Alameda Research for a rotating credit extension providing access to additional capital, in light of the dynamic economic situation, it said in a press release on Friday. . Read more → 3 types of secured loans and how they June 10, 2022 LOS ANGELES, June 10, 2022 (GLOBE NEWSWIRE) — Secured loans require borrowers to post something of value called collateral. The lender can take possession and sell the collateral to recoup losses if the borrower cannot repay their loan. There are several types of secured loans, each designed for a d Read more → 3 types of secured loans and how they June 10, 2022 LOS ANGELES, June 10, 2022 (GLOBE NEWSWIRE) — Secured loans require borrowers to post something of value called collateral. The lender can take possession and sell the collateral to recoup losses if the borrower cannot repay their loan. There are several types of secured loans, each designed for a d Read more → Bandhan Bank to increase its exposure to guaranteed loans to MSMEs: MD & CEO May 22, 2022 Private lender Bandhan Bank will gradually increase its exposure to secured loans by improving advances to the housing and MSME sectors, its managing director and CEO Chandra Shekhar Ghosh said. Read more → Bandhan Bank to increase its exposure to secured loans: MD&CEO May 22, 2022 Private lender Bandhan Bank will gradually increase its exposure to secured loans by increasing advances to the housing and MSME sectors, an official said. Read more → Bandhan Bank is gradually increasing its participation in secured loans May 22, 2022 Private lender Bandhan Bank will gradually increase its exposure to secured loans by increasing advances to the housing and MSME sectors, an official said. Read more → Ujjivan SFB will have 50% assets in secured loans over the next 2-3 years May 18, 2022 Ujjivan Small Finance Bank, after facing headwinds amid the COVID-19 pandemic, is charting a more balanced growth path by increasing its secured loan portfolio to 50% of total assets over the course of two to three coming years. Read more → Ujjivan Small Finance Bank will have 50% assets in secured loans over the next 3 years May 18, 2022 Ujjivan Small Finance Bank, after facing headwinds amid the COVID-19 pandemic, is charting a more balanced growth path by increasing its secured loan portfolio to 50% of total assets over the course of two to three coming years. Read more → Ujjivan Sfb will have 50% assets in secured loans over the next 2-3 years May 18, 2022 Ujjivan Small Finance Bank, after facing headwinds amid the COVID-19 pandemic, is charting a more balanced growth path by increasing its secured loan portfolio to 50% of total assets over the course of two to three coming years. Read more → Ujjivan Small Finance Bank will have 50% guaranteed loans in the next 2-3 years May 18, 2022 The Bengaluru-based lender, which started operations as a micro-financier in 2005, transformed into a small financial bank in 2017. It went black in the quarter of March 2022 with a net income of Rs 127 crore, but closed FY22 with a net loss of Rs 415 crore, maimed by the impact of the pandemic. Read more → How do Shared Secured Loans work? | Personal loans and advice March 23, 2022 An equity-secured loan, also called a savings-secured loan, is designed for short-term borrowing needs and uses your own money in a savings account as collateral. In addition to providing a convenient way to borrow, shared secured loans can help establish and re-establish credit when repaid on time. Read more → High Court cancels secured loans due to barrister’s inadmissible conduct March 17, 2022 The High Court of Australia has ruled that ‘asset-based’ secured loans to a destitute and financially unsophisticated borrower were unenforceable due to the unreasonable conduct of the lenders’ solicitor. Read more → BharatPe forays into secured lending category – The New Indian Express March 15, 2022 BENGALURU: Indian fintech company BharatPe, which has drawn attention to feuds between Ashneer Grover and the company’s board, launched a gold loan for its merchant partners on Monday. BharatPe is keen to focus on his business regardless of the various allegations Grover has tweeted since he recentl Read more → Brilliant Solutions Launches Secured Loan Brokerage After Successful Pilot January 27, 2022 Specialist mortgage and packager club Brilliant Solutions has launched a secured loans brokerage firm, Brilliant Loans, following a successful pilot project. Read more →