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Live Oak Bancshares became an SBA juggernaut by making loans, selling them and making more. With economic conditions changing, it is retaining more credits.
December 14 -
Brad Sherman of California and Gregory Meeks of New York are worried the proposed accounting standard for recording loan losses will reduce access to credit for small businesses and low- and moderate-income communities.
December 13 -
Brad Sherman of California and Gregory Meeks of New York are worried the proposed accounting standard for recording loan losses will reduce access to credit for small businesses and low- and moderate-income communities.
December 12 -
Owners of firms that employ only themselves would prefer to use loans or lines of credit, but more often than not they resort to credit cards, according to a new Fed report. Is this a missed opportunity for banks?
December 12 -
The credit union stalwart purchased Mirador, which is heavily dependent on bank relationships. The challenge now is keeping those clients in the fold.
December 12 -
CUNA Mutual, a service provider to credit unions, recently bought Mirador, which is heavily dependent on bank relationships. The challenge now is keeping those clients in the fold.
December 11 -
The legislation would ban legal clauses that force small-business borrowers to give up their right to court proceedings before obtaining a loan.
December 6 -
Attorney General Barbara Underwood’s office is looking into whether merchant cash-advance companies engaged in fraud or abused the state court system.
December 3 -
Faciam Holdings will pay nearly $68 million for Summit Bancshares.
November 29 -
Date, now a venture capitalist, worked with the lending software company's CEO, Dan O'Malley, at Capital One in the 2000s.
November 28