Small business lending

The New Jersey company agreed to buy BoeFly, which connects franchisors, small businesses, lenders and loan brokers.

The chairwoman of the House Small Business Committee promised to block action on the agency's budget unless it can justify its fee-hike request.

Gail Jansen, who oversees member business lending at Kinecta Federal Credit Union, warned that increasing fees for Small Business Administration loans would hurt borrowers.

The bipartisan bill, praised by credit union trade groups, is the top 2019 legislative priority for the Defense Credit Union Council.

The online lender's recent completion of a $700 million securitization provided Jonathan Ebinger at BlueRun Ventures an opportunity to reflect on what he has learned about the power of alternative data.

The bank is pledging to lend another $2 billion in a market where it has invested $3.6 billion in various community development initiatives since 2016. Most of the new funds will be used to make loans to small businesses that operate in low- and moderate-income neighborhoods.

On Dec. 31, 2018. Dollars in thousands, except for average loan amount.

StreetShares will add to its line of financing products with a credit card specifically for small-business owners with a military background.

Regional and community banks are working to finance the economic development districts created by the new law. But they have lots of questions about how the program works — and thoughts on how to improve it.

AI-driven customer insights, mortgages and small-business loans are among the features in the app, which the bank is rolling out Friday.