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Under a state proposal, annual percentage rates would have to be disclosed on nonbank commercial loans of $500,000 or less. Lenders' responses have been mixed depending on their business model.
August 18 -
Black and Hispanic owners of one-person businesses are more likely to be discouraged from applying for financing, and they’re less likely to receive financing when they do apply for it, than their white counterparts, according to a new report from the New York Fed.
August 14 -
There are opportunities to make loans for strip malls and regional distribution centers but executives need to put the right risk management in place.
August 9 -
Krista Morgan, the founder and CEO of P2Binvestor, discusses her firm's bank deals and the tech driving its platform.
August 6 -
The online lender is counting on other arrangements with banks — and perhaps even a bank charter of its own — to help recover from the loss of a key partnership.
July 29 -
The decision is a blow to OnDeck, which said Monday that it intends to pursue a bank charter, either by applying for one or by buying a bank.
July 29 -
The new accounting standard meant for publicly traded firms creates greater headaches for privately held community banks.
July 29Bank of St. Elizabeth -
Policymakers should consider how new data computing can help ensure equal lending, not hinder it.
July 23Kabbage Inc. -
On Mar. 31, 2019. Dollars in thousands.
July 22 -
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