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Carver Federal Savings Bank in New York announced a loan program for small businesses on Monday.
April 18 -
The partnership with OnDeck will allow the megabank to approve and fund loans in as little as a day, according to CEO Jamie Dimon. Meanwhile, OnDeck is eyeing similar partnerships with other banks.
April 12 -
The findings from the California Department of Business Oversight, which also included data on interest rates and delinquencies, could be a precursor to new state regulations.
April 8 -
BlueVine, an online business lender based in Palo Alto, Calif., is branching into unsecured lending.
April 7 -
The payments pioneer is transforming its merchant cash advance into a business loan, a move that has significant legal and regulatory implications.
March 30 -
Huntington Bancshares has partnered with the owner of the NBA's Detroit Pistons to provide $25 million in financial support in Flint, Mich., in response to the city's drinking water crisis.
March 30 -
As online business lenders grow in number, size and prominence, a new trade group is being launched to represent their interests in Washington.
March 29 -
A program recently started in New York helps entrepreneurs improve their business plans and cash flow before sending them to a bank. The nonprofit lender behind the program, meanwhile, hopes to boost small-business borrowers' credit scores and lower their rates.
March 28 -
Online lender StreetShares' strategy is based on the premise that borrowers are more likely to repay when they have a genuine personal connection to the lender.
March 23 -
Berkshire Hills Bancorp in Massachusetts invested in technology to beef up its small-business lending, an area ripe for the picking by alternative lenders.
March 11