Small business

The Salt Lake City company, which connects small-business owners with lenders like JPMorgan and BofA, plans to use the funds to expand its partnerships and customer base.

Big data and artificial intelligence will allow banks to do more for small businesses, former SBA head Karen Mills argues.

Small businesses short on cash can use advances from Fundbox to buy products from online suppliers.

With a permanent director confirmed, the agency should take steps to establish a small-business data collection rule mandated by the Dodd-Frank Act.

The trade group hopes appropriations legislation for fiscal year 2019 will address confusion over websites being compliant with the ADA, among other concerns.

The objectives of a Financial Crimes Enforcement Network rule requiring financial institutions to collect “beneficial ownership” details are laudable, but the regulation can be subverted by unscrupulous customers.

With Brexit on the horizon, the volatility of the U.K. financial market has created an increased demand for more flexible financing among small and medium-sized enterprises. But a decade on from the 2008 financial crisis, the loans available for SMEs are still restricted by regulations on the total amount of capital that banks must hold.

The former head of Heritage Oaks Bancorp says she relishes a chance to reinvent Luther Burbank, a thrift that wants to make more commercial loans — a shift she has deftly orchestrated before.

The regional bank is working with customers to help develop and launch new products, including a small-business credit card.

The legislation would ban legal clauses that force small-business borrowers to give up their right to court proceedings before obtaining a loan.