Small business

The industry granted about 21% of these loan applications after three months of record lows.

Bankers have become more uncertain about how to serve marijuana businesses owing to confusion about which states deem them essential.

The demonstrations following George Floyd's death in police custody are forcing the industry to grapple with how it can — or if it should —advocate for equality and better race relations.

Automation and technology allow lenders to handle an evolving situation that changes by the day: adjustments are easily made to terms, timing and required data for loan forgiveness, says PayNet’s William Phelan.

The new product, which comes as an earlier partnership with the online lender Kabbage is sputtering, figures to appeal to companies with tight cash flows.

The Georgia company said the agency is looking at its policies for paying, or withholding, Paycheck Protection Program fees to borrowers' agents.

Bankers have become more uncertain about how to serve marijuana businesses owing to confusion about which states deem them essential.

The industry is well positioned to gain market share, but institutions may not see the same levels of growth as after the last recession.

Jennifer Roberts, the company's head of business banking, details a process to have units work one-on-one with customers to get Paycheck Protection Program funds deployed faster.

The Miramar, Fla.-based institution is spending $85,000 to help businesses as the economy begins reopening.

Oxygen helps customers obtain business licenses and separate their personal and business lives. Its says its services will be in demand as the pandemic accelerates a shift away from traditional jobs.

Regulators need to give more detailed guidance on the coronavirus relief program for small businesses so lenders don’t get trapped in underwriting mistakes down the road.

It's time for agencies like the Small Business Administration to stop playing catch-up and invest in state-of-the art technology.

It's time for agencies like the Small Business Administration to stop playing catch-up and invest in state-of-the art technology.

Elected officials are better off deciding who’s most deserving of federally backed coronavirus relief funds for small businesses.

Lawmakers should approve a program to distribute stimulus funds using a government-sanctioned coin, which would be speedier than the current system.

When Plastiq pivoted its bill-payment services to target cash-strapped SMBs instead of consumers, the startup had no way of knowing how coronavirus would affect its growth.

The Tempe Small Business Emergency Loan Program will provide $1 million to help area companies weather the coronavirus.

The industry has always been somewhat reluctant to participate in Small Business Administration lending, but that could change if the agency manages the Paycheck Protection Program well going forward.

Lawmakers should approve a program to distribute stimulus funds using a government-sanctioned coin, which would be speedier than the current system.