Small revolving loans, which Yiren only started offering in 2020, were a big driver of its 13% revenue growth in the second quarter The focus on such products is part of the fintech’s efforts to ...

Installment loans, such as mortgages, auto loans and student loans, deliver a fixed lump sum that borrowers then repay in equal scheduled payments over a set term. Revolving credit, in contrast, ...

This Legal Update explores why, in order for an underlying loan to be included in a warehouse facility’s borrowing base, the underlying loan must be fully funded (or, for any delayed draw term loan or ...