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.

The House Financial Services Committee chairman said "so far, the United States Senate has done nothing" on a bill that passed the House with over 400 votes.

As the economy softens, traditional banks have an opportunity to win back market share from fintech competitors.

An international move or a business expansion can bring on unexpected challenges that existing processing relationships can’t handle, according to Ralph Dangelmaier, CEO of BlueSnap.

Lenders fear the agency's rule could make most poultry producers ineligible for 7(a) loans.

Credit unions are well positioned to serve small businesses, but they'll lose that opportunity if they're not adequately protecting those members' cash flow.

A federal prohibition on marijuana has locked U.S. banks out of an industry surging toward $75 billion in sales. Who's catching that money? A small number of local credit unions, and the women who run their operations.

Big banks and fintechs are aggressively adding digital capabilities to process applications quickly, creating a sense of urgency for community banks.

Azlo, Bento, Bank Novo and other neobanks argue they are better at helping small businesses, giving them extra attention, technology and advice.

Traditional financial institutions still have an advantage over challenger banks when it comes to building relationships with small merchants, despite scandals that have befallen megabanks.

The pledge comes as Fifth Third, which had previously committed $30 billion to community development, looks to close on its acquisition of MB Financial in Chicago.