Commercial lending

Funds affiliated with HPS Investment Partners plan to buy Marlin Business Services for $282 million.

The Maryland company recently raised $345 million to form the subsidiary and fund growth opportunities for its bank.

The leaders of Citizens Financial and Truist predict lending will bounce back in the second half of 2021 as the economy normalizes. But PNC chief Bill Demchak says there are scant signs that businesses are gearing up for a rebound.

The Arkansas company, once a prolific acquirer, last bought a bank in 2017 but now has three M&A deals in the works as it seeks new sources of growth.

Organizers of Integrity Bank for Business must raise around $19.9 million before they can open the bank.

BofA is awash in liquidity, but an uptick in credit card applications and heightened interest from commercial borrowers have executives hopeful that loan demand will soon rebound.

Business owners have shown little interest in taking on debt during the pandemic. Will their attitudes change as the economy improves?

When it was launched a year ago, the program was criticized for glitches and a focus on larger borrowers. Since then technical improvements have been made, smaller loans have been prioritized, and other changes favored by lenders have been implemented.

Brian Mauntel, who previously served as president of Heartland Bank in Ohio, will join Citizens Business Bank in late April.

It's no longer a matter of if, but when, regulators will require banks to document the impact of global warming on their loan portfolios and other operations.

Revlon lenders that received more than half a billion dollars in accidental payments from Citigroup are asking a judge to free up the money he’s already ruled is theirs to keep.

With its deal for Century Bancorp, Eastern will significantly boost its deposit share in greater Boston while gaining an entrée into several new business lines, including cannabis banking.

The Chicago fintech, which currently offers personal loans and credit cards, will add deposit accounts with the acquisition of Level.

Loanpal, a provider of residential-solar loans in the U.S., is planning an initial public offering this year that could value the company at more than $10 billion, according to people with knowledge of the matter.

Bankers are already working on marketing materials and new products for commercial borrowers that might secure government contracts under President Biden's $2 trillion American Jobs Plan.

Bankers are concerned that the Paycheck Protection Program could run out of money before it officially ends on May 31.

Caroline Taylor, who recently ran Small Business Administration lending at Capital One, aims to expand her team at Regions, help steer borrowers into economic recovery and reach out to women and minority small-business owners who have been underserved.

Legislation the president signed this week will extend the deadline for the Paycheck Protection Program to May 31 from March 31, giving businesses two additional months to apply for loans.

There are ways to remove bad actors from the industry — such as reinstating the Consumer Financial Protection Bureau’s payday lending rule and banning certain fees and collection practices — without hindering consumers’ access to emergency credit.

Lawmakers approved a bill that will allow the Paycheck Protection Program to remain open until May 31. It was originally set to expire on March 31.