Retail & Commercial

California Bank of Commerce in Lafayette has hired a veteran credit administrator to help expand its small-business lending.

Goldman Sachs' newly launched consumer lending website is aimed at some of the very same customers that big banks and marketplace lenders covet, yet there are plenty of questions about its business plan, its ability to manage credit risk and the prospects of online lenders in general.

Small businesses often need a short-term cash infusion to make purchases and pay bills due immediately, but the paperwork, timing and fees surrounding short-term loans can be prohibitive.

A nearly double-digit increase in net interest income helped third-quarter profit increase by 12.9% at VSB Bancorp in New York.

West Town Bancorp in Illinois has revved up its government-backed lending to small businesses, making it a good example of how community banks can outhustle big lenders in the quest for new sources of fee income.

As Fannie Mae and Freddie Mac continue to experiment with upfront risk-sharing deals, some small mortgage lenders fear they will be left out of the action.

SVB Financial and Mastercard have accepted six startups for the fifth installment of their accelerator, Commerce.Innovated.

It's official: Goldman Sachs, the Wall Street investment banking titan, now offers consumer loans.

Remember how last year's shutdown of the Small Business Administration's flagship loan-guarantee program prompted Congress to provide more funding? SBA made every penny count in the fiscal year ended Sept. 30, backing 64,073 loans for a record $24.1 billion — a 2% increase.

Without investigations by the Los Angeles Times and city prosecutors, the Wells Fargo account scandal would never have come to light. Where were federal regulators?