The new Chase Manhattan Corp. launched an aggressive small-business lending campaign last week.

The bank, created by last year's merger of Chemical Corp. and Chase Manhattan Corp., ran advertisements in New York area print media promising 24-hour turnaround on small-business loans with a fixed 8.25% rate.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.