Small business lending

Biz2Credit is offering its Biz2X platform to all banks after gaining HSBC and Popular Bank as clients.

First Internet will gain lenders and servicing staff, along with offices in Chicago and Indianapolis, from the deal.

Farmers were already taking on more debt to cover losses from falling crop prices. New tariffs and other retaliatory moves could hurt ag borrowers further and lead to loan losses and tighter underwriting.

Azlo will offer customers the ability to apply for a Kabbage loan through a new program called Mission Street Capital.

The forces reshaping small-business lending are also leading to “a moment of reckoning” for small banks, says former SBA head Karen Mills.

The deals lets a North Carolina group skip the de novo process. West Town, which sold the bank, will use the funds to support a fast-growing business line.

Lenders say they are seeing a rise in synthetic identity and other types of attempted fraud. Here’s what they are doing to thwart it.

Lawmakers from both parties oppose a Small Business Administration proposal to raise guarantee fees. The clash could lead to a halt in operations this fall.

The National Credit Union Administration and the Small Business Administration have established a program to boost SBA lending by credit unions, which was very light last year. It is sure to irk bankers, who have raised competitive concerns.

The online small-business lender said it tightened its underwriting standards during the first quarter as credit quality worsened.