Bain Capital to enter credit business in India, hires director

MUMBAI: Bain Capital, world’s leading private multi-asset alternative investment firm, is all set to expand its operations in credit & special situations business in India. Bain Capital Credit, its credit specialist arm, has hired Suruchi Nangia as a director as part of setting up an independent Indian team for credit operations, two people close to the development said. Nangia, former […]

Minority Businesses Struggling With Credit According to Experian Report

Minority businesses still struggle with credit in a way other small businesses do not, a report from global business analytics firm Experian says. According to Experian, minority owned businesses see an average business credit score of 49.7, five points lower than other U.S. businesses. Meanwhile, minority small business owners struggle with an average consumer credit […]

You Can Apply for These Small Business Loans with Bad Credit

Small business owners are often turned away by lenders when they have poor credit. That’s because a bad credit score implies you have not managed your finances properly in the past. Luckily, it’s possible to secure small business loans with poor credit. A number of alternative lenders are offering loan solutions for bad credit today. […]

Alexa, Pay My Credit Card Bill Please!

Amazon Echo users can already ask their virtual assistant Alexa to update their calendars, dim the lights and play some music. But soon they will also be able to ask Alexa to help them pay their credit cards. Capital One announced Friday that it is the first bank to partner with Amazon to let customers […]