Lenders use lots of factors to work out whether or not they should approve loan applications. The debt-to-income ratio is one of the most important aspects checked as part of this process. So what is this ratio and are there any ways to use it to your advantage when applying for a commercial mortgage? The […]
Category: Investing
Common Reasons Businesses Fail To Acquire Funding
In the world of business, money makes the world go around. From incubation to maturity, entrepreneurs must consistently secure funds to reduce the risk of decline. As you might imagine, it’s not always an easy task. If you cannot acquire the funds through savings or sales, you must look to outside sources to continue your […]
Finbold: U.S. lost 45% of Commercial Banks since 2000, but Net Income grows by 207%
Data acquired by Finbold.com reveals that the total number of Commercial Banks in the US has dropped by 45.65%. The drop has been registered between 2000 and 2020. The data shows that Commercial Banks have closed at a rate of 3.15% yearly average. Financial crisis accelerates closure of Commercial Banks In 2000, the number of […]
How Do We Get to Real-Time B2B Payments?
The future of B2B payments is real-time payments. Although progress on this front has been slower when compared to consumer payments, it is steadily picking up steam. The increased demand for solutions, as well as a rather sluggish pace from governments and institutions, have only served to further highlight this glaring issue […]
B2B News: ServiceNow to Acquire AI Pioneer Element AI
ServiceNow to establish an AI Innovation Hub in Canada Element AI Co-founder, Dr. Yoshua Bengio, winner of the 2018 Turing Award, will serve as a technical advisor for ServiceNow ServiceNow announced it has signed an agreement to acquire Element AI, it’s fourth recent acquisition in the AI space. Element AI will enhance ServiceNow’s intelligent workflow […]
Finbold: Sovereign Wealth Funds investment in SPACs skyrockets by 2,500% in 2020
Data acquired by Finbold.com indicates that direct investments in Special Purpose Companies by Sovereign Wealth Funds (SWF) have spiked by 2,532.35% YOY. As of November 24, 2020, the investment stood at $1.79 billion. In 2019, the figure was $68 million, an increase of 240% from the 2018 investment of $20 million. In 2017, the investment […]