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ING: starts lending to small businesses in France and Italy.

(CercleFinance.com) - ING has started to offer online lending to small- and medium-sized enterprises (SMEs) in France and Italy, the Dutch bank said on Tuesday.

The financial group - which is trying to grow its lending business to SMEs - said the offering has been developed in collaboration with Kabbage, a fintech in which ING invested in late 2015.

With this new paperless digital solution available on the ING website in both France and Italy, clients can obtain the approval for a loan up to 100,000 euros within 10 minutes, ING said.

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