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Sun Finance Group is a Latvian financial technology company operating as an online and mobile lending marketplace. [2] The company was founded by Toms Jurjevs and Emils Latkovskis in 2017 and is headquartered in Riga, Latvia. [2] Sun Finance is present in several countries across Europe, Asia, and Latin America.
The company was established in 2012 by serial entrepreneur Albert "Al" Goldstein, [1] John Sun, and Paul Zhang. Initially structured as a mid-prime lender, [2] the company issued its first personal unsecured loan in early 2013 using its proprietary technology to determine an individual's creditworthiness.
Debuting in March 2013, LightStream is a financial services technology company that provides unsecured, personal loans to people with good credit rating, through a digital process. On April 20, Truist announced that it will fold LightStream into its broader consumer business, a move designed to reduce the costs of operating a separate brand.
A debt consolidation loan can provide a lower interest rate than most credit cards. According to Bankrate data , the average personal loan currently has an interest rate of around 12 percent.
SBA loan statistics. According to the SBA, at the end of 2023 fiscal year:. $27.5 billion in SBA 7(a) loans was approved. Almost 70 percent of 7(a) loans were for amounts under $350,000
Lender. Loan type. Loan amount. Bankrate score. SBA. 7(a) loan. Up to $5 million. 4.8. Lendio. Term loans. Up to $2 million. 4.6. Taycor Financial. Equipment financing
E-Loan, Inc. is a financial services company that offers its users access to partners that may be able to assist them in obtaining loans. E-Loan was a pioneer in the online lending industry in the late 1990s and early 2000s. As of 1999, it was the number one site for online lending, with Quicken Loan's later online offering playing catch-up in ...
Loan type. Purpose. SBA loans. SBA loans are backed by the U.S. government and can be used for a variety of business expenses, including long-term fixed assets and operating capital.
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