As banks — especially larger players — grapple with a new capital reality, the opportunity may be there for smaller financial institutions (FIs) and FinTechs...
Small business lending’s new data-driven approach may be headed for more scrutiny on Capitol Hill. To that end, Rep. Maxine Waters (California), the top Democrat...
Non-federally chartered banks will soon be able to make Small Business Administration (SBA) loans. Effective May 12, the agency is lifting the moratorium on licensing...
Embedded lending firm iwoca has raised new finance to meet a rising level of demand. The firm has increased its funding line from £125 million...
Small business loans are becoming harder and more expensive to get in the United Kingdom. The Financial Times (FT) reported Thursday (Dec. 29) that less...
The number of small business loans made in 2021 increased but the dollar amount decreased. The same was true of small farm loans, according to...
Codat, an API for small business data, will be partnering with cloud banking firm nCino to automate and accelerate the ways banks can underwrite small...
It will now be a lot easier for schools, hospitals and social service organizations to access funds using the Main Street Lending Program. The initiative,...
Another phase of the Paycheck Protection Program (PPP) should be more focused and should provide loans on a “more targeted” basis to help the companies...