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Triad Business Bank in North Carolina, which opened in March, has made $106 million in Paycheck Protection loans.May 17
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The agencies produced an application process that includes favorable interpretation of qualifying expenses.May 15
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Oxygen helps customers obtain business licenses and separate their personal and business lives. Its says its services will be in demand as the pandemic accelerates a shift away from traditional jobs.May 15
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Up to 12% of loans under the $660 billion small-business rescue program could be tied to misleading or completely phony applications, fueling concerns about lenders' potential liability.May 7
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StreetShares, started as a peer-to-peer service for veterans, has added a platform intended to connect small financial institutions and underbanked companies.September 22
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The acquisition of Radius Intelligence fits with the online lender's existing focus on small commercial borrowers.September 3
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Entrepreneurship among veterans has been declining over the past 20 years, according to a report by the SBA and the New York Fed.November 9
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Big banks and fintechs are aggressively adding digital capabilities to process applications quickly, creating a sense of urgency for community banks.November 6
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Azlo, Bento, Bank Novo and other neobanks argue they are better at helping small businesses, giving them extra attention, technology and advice.October 31
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Traditional financial institutions still have an advantage over challenger banks when it comes to building relationships with small merchants, despite scandals that have befallen megabanks.October 30
