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Efforts to make it easier for smaller businesses to apply for SBA loans, coupled by concerted expansion efforts among key regional and community banks, contributed to the third consecutive record for 7(a) lending.
October 11 -
On Jun. 30, 2017. Dollars in thousands.
October 10 -
Small-business credit is poised for a shakeout. In the coming months, partnerships between banks and fintechs will increase, and credit models will be refined.
October 5Celent -
The agency has a relatively new program designed to quickly get funds into disaster-stricken areas. The problem is that many banks and credit unions don't know it exists.
October 5 -
It’s not just consumers who are worried about identity theft. For the millions of business owners who rely on their personal credit to finance operations, damage to credit scores could have dire consequences.
September 27 -
The identity theft threat created by the Equifax hack and the growth of online lending have given software makers a platform to pitch products that rely on selfies, scans of driver’s licenses and other nontraditional ID methods.
September 27 -
A "transformational" capital raise led by CEO Mary Ann Scully set the stage for Howard Bank's largest-ever acquisition.
September 25 -
A pay hike for front-line employees is one example of how Karen Larrimer has shaken up the status quo in PNC’s retail banking division.
September 25 -
Bita Ardalan has been promoted four times over the past five years, most recently in 2015 when she was named head of commercial banking.
September 25 -
Janet Garufis has spent of the past year working to ease the regulatory burden on community banks.
September 25