Some of Our Sources
- Slashdot
- Techcrunch
- Smashing Magazine
- Fuel Your Creativity
- Web Designer Depot
- My Ink Blog
- CSS Globe
- Specky Boy
- Design Modo
- Dev To
Help Webnuz
Referal links:
May 7, 2012 12:49 pm GMT
Wonga.com, the successful but controversial payday loans provider, is extending its credit service to small businesses in the UK. The move is a smart one given the current economic climate. Banks have been lambasted for not lending to small businesses - Wonga is simply going to try and fill in the gap - and take advantage. Needless to say this could end up being a huge business for Wonga.Despite attracting the ire of financial journalists - including the Daily Telegraph, which prevented it from winning its Startup 100 awards - Wonga has made as many as 4 million short-term loans to consumers since its launch in 2007.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/73scWbtIZbM/
Wonga Extends Its Payday Loans To Small Businesses In UK
Wonga.com, the successful but controversial payday loans provider, is extending its credit service to small businesses in the UK. The move is a smart one given the current economic climate. Banks have been lambasted for not lending to small businesses - Wonga is simply going to try and fill in the gap - and take advantage. Needless to say this could end up being a huge business for Wonga.Despite attracting the ire of financial journalists - including the Daily Telegraph, which prevented it from winning its Startup 100 awards - Wonga has made as many as 4 million short-term loans to consumers since its launch in 2007. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/73scWbtIZbM/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch