-
Bank of Nova Scotia and Bank of Montreal, Canada’s third- and fourth-largest lenders, got a boost last quarter as the nation’s businesses increased borrowing to meet customer demand.
May 25
-
Under the deal, participating members of the BancAlliance network will be able to buy interests in loans originated on the digital lender’s platform.
May 24
-
The state of Connecticut recently handed the small-dollar marketplace loan provider a cease-and-desist order, but Rodney Williams says his company is getting much-needed emergency funds into marginalized communities at a low total cost, and that the rules need to be rewritten.
May 23
-
Nearly half of all small-business owners — and higher percentages of minority entrepreneurs — said in a new survey that they aren’t sure they could come up with the funds to cover an emergency $5,000 business expense. But the results also suggest that the Paycheck Protection Program may have led to more trust in the Small Business Administration.
May 19
-
NatWest Group is considering launching a separate digital lender for small businesses in the U.K. to find a new avenue of growth for the bank.
May 17
-
On Dec. 31, 2022. Dollars in thousands.
May 16 -
On Dec. 31, 2021. Dollars in thousands.
May 16 -
Global warming continues to hold the attention of the industry. Firms are not standing still, but responding proactively.
May 11
-
The quartet have formed United Financials Capital, a credit union service organization that will allow its founders to fund larger loans than they would be able to individually.
May 11
-
The state banking commissioner criticized the online peer-to-peer lender's tipping policies, failure to disclose tips and lack of lending and collections licenses in the state.
May 11
