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The popular program could go idle next month for the second time in less than a year if lawmakers are unable to approve a $99 million credit subsidy.
September 17 -
The accounting standard is coming regardless of a delay. It will bring some nonbank lenders to the forefront of banking competition.
August 15Moody’s Analytics -
Lawmakers and others faulted the agency's foot-dragging on approving licenses and funding requests for small-business investment companies, whose owners include banks.
August 7 -
A fight between Democrats and Republicans over a proposal to let the SBA’s Office of Advocacy challenge rulings made by other government agencies is threatening to hold up funding for small-business loan guarantees.
August 2 -
The former head of the Small Business Administration and current Harvard professor says data sharing can be transformational for banks.
July 23 -
As budget questions loom over the most popular Small Business Administration loans, lenders have embraced the previously overshadowed 504 program after a key policy tweak.
July 19 -
As budget questions loom over the most popular Small Business Administration loans, lenders have embraced the previously overshadowed 504 program after a key policy tweak.
July 18 -
The Columbus, Ohio, bank has hired a former executive from Bank of America to run the new business, which will target physician, dentist and veterinary practices.
June 20 -
First Internet is poised to acquire an SBA lending team to help it meet an ambitious loan target for the year — a target the CEO plans on doubling in coming years.
June 19 -
While Noah Bank’s CEO has been accused of self-dealing in connection with SBA loans, its chairman says the directors had a succession plan ready to go and are rallying to rescue the bank’s reputation.
May 31