Small business lending

The more things change in small-business lending, the more they stay the same, going back as far as 3,000 years. But in this book excerpt, Karen Mills, former head of the Small Business Administration, predicts momentous changes ahead.

The online lender posted a profit for the sixth consecutive quarter, as higher margins helped offset a decline in loan originations.

On Jun. 30, 2019. Dollars in thousands.

Customers of the New Jersey bank will be able to complete applications in minutes and receive funding in as little as one business day.

Despite a strong economy, volume in the agency's flagship loan program has declined for two straight years. Here's why.

Credit unions approved just 39.7% of small business loan applications in September, according to the Biz2Credit Small Business Lending Index.

The state's Democratic-controlled Legislature has enacted laws establishing data privacy rights, giving municipalities the ability to set up public banks, and requiring standardized disclosures on small-business loans, among other issues. Lawmakers elsewhere are taking notice.

Sunil Chandra's job will be to guide the fintech's international expansion. It says 12 banks are using its small-business lending platform, including three in the United States.

The National Credit Union Administration should help soften the effects of the new standard on regulatory capital through rulemaking.

The agency’s Small Business Investment Company program is slumping, and Congress is pressuring its top executive, Joseph Shepard, to get it back on track or step aside.