Commercial lending

Sponsoring so-called pitch competitions helps lenders gain Community Reinvestment Act credit and gather deposits.

A number of banks are upgrading technology and hiring more lenders to better reach small-business owners, who are becoming more confident in their outlooks.

The trend may be partly attributable to a strong economy. Growth in high-cost installment lending could also be a factor.

Fair Financial, a digital banking platform developed by a Twin Cities nonprofit in partnership with a local bank, launched a pilot program this week. By 2020, it plans to serve 5,000 customers across the country.

Denver-based P2Binvestor plans to use the new funds to expand its bank partnership program.

A team of economists surveyed by the American Bankers Association also believe that unemployment could reach new lows.

The explosion in construction of self-storage facilities is being backed by banks hungry for commercial loans. Some market participants fear a glut is in the making and the credits could sour.

Bankers would be better off cleaning their own houses and focusing on deregulation efforts, instead of going after credit unions, suggests NAFCU's Carrie Hunt.

The online lender wants to provide instant payments and securitizations alongside instant loans, according to CEO Anthony Noto.

The Dallas company expects to report a higher loan-loss provision after the loans, which include two shared national credits, deteriorated in the second quarter.

Approval rates for small-business loan applications were up at small and larger financial institutions as the labor market continued to improve.

The Canadian company's ambitions include opening a commercial banking office in Dallas and beefing up lending to the technology, construction engineering and the health care sectors.

With plenty of cash on hand, many commercial firms have had little need to tap existing credit lines.

The Atlanta bank has financed construction and other activities tied to nursing homes and related facilities mainly in its East Coast markets. It says the timing is good to tap into demand elsewhere in the country.

From YouTube test drives to subscription services, auto lending isn’t what it used to be – and credit unions need to ensure they’re keeping up with the times.

Nearly a third of the company's revenue will come from noninterest income after it buys SCB, which owns a large insurance and farmland management business.

A bill moving through the California Legislature seeks to tame the largely unregulated world of online small-business lending. If passed, it would be the first of its kind nationally, but so far it has failed to satisfy either the industry or its critics.

With the question of a federal charter still looming, Treasury's last report on changes to the financial regulatory system will focus on nonbanks and new tech startups.

On Mar. 31, 2018. Dollars in thousands.

Despite recent encouragement from the OCC, banks still struggle to make a profit on short-term loans.