Commercial lending

Kenny and Sean Salas, founders of Camino Financial in Los Angeles, have a pretty good idea of what it's like to be a Hispanic small-business owner who can't catch the attention of traditional banks. They have established an online marketplace, a credit-scoring model and relationships with online lenders to help fill the void.

Voters in South Dakota on Tuesday overwhelmingly approved a measure to cap interest rates on payday, installment and auto title loans at 36%, while rejecting a competing amendment sponsored by a large payday lender.

Making customer experience consistently good is a priority, but it's not enough. Great experiences in the future will be tailored to individual needs and preferences.

Trends in commercial real estate lending, which has reached record levels at U.S. banks, are unsustainable, Fitch Ratings warned.

There were some positive signs in the marketplace lender's quarterly results, but it continues to deal with the fallout from a scandal involving executives who falsified data about loans the company was selling to investors.

Gulf Coast Community Bank in Florida agreed to sell itself last month after spending six frustrating years trying to tackle credit issues and angling for a settlement tied to the Deepwater Horizon oil spill.

OnDeck Capital reported its fourth consecutive quarterly loss on Thursday as investors bought fewer loans and the firm was forced to make costly adjustments to its business.

Malvern Bancorp in Paoli, Pa., is planning to open a commercial lending office in a new market.

A new refinance mortgage offered by SoFi and Fannie Mae lets consumers tap into their home equity to pay down student loan debt at terms more favorable than a traditional cash-out refi.

Cathay General Bancorp in Los Angeles has agreed to a community reinvestment plan tied to its deal to buy SinoPac Bancorp from Bank SinoPac in Taiwan.

While big banks have grown more comfortable lending to casinos based on reservations, financial firms have been slower to embrace other Native American enterprises.

Online lenders' struggle with fraud is driving them to join new networks designed to find links between fraudulent loan applications and signs of borrowers trying to obtain multiple loans simultaneously.

Square 1 Bank, a unit of PacWest Bancorp, has hired two financial services veterans to expand its banking services for venture capital and private-equity firms and named a new leader of that practice.

Can banks outdo online lending startups in head-to-head competition? We're about to find out. Goldman Sachs, Wells Fargo and Quicken have all entered the digital lending business, putting early entrants on the defensive.

The Cincinnati bank is looking to middle-market lending in the Charlotte area to fuel future expansion, CEO Greg Carmichael says. The timing may be right, given disruption from M&A, as well as the Wells Fargo scandal fallout.

Small businesses hungry for financing will quickly ditch a banking relationship if they are unhappy, according to a new J.D. Power report.

A Washington, D.C.-based startup that finances higher education in the U.S. for international students announced a $6 million equity funding round.

Profits at BBVA Compass Bancshares dipped in the third quarter as the Houston company continued to slash its energy portfolio.

A recent federal court decision affirming the right of a servicer to collect on private student loans originated on Sallie Mae's behalf is good news for several parties, including marketplace lenders and others that partner with banks to make loans.

The Japanese banking giant Mitsubishi UFJ Financial Group has launched a new aviation finance business in the Americas and has named aircraft finance veteran Olivier Trauchessec managing director of the unit.