Commercial lending

Fed eases bank leverage ratio; Kabbage cuts back

04/02/20

The one-year relief is intended to free up lending to consumers and businesses; the online small business lender not making loans, shrinks credit lines, staff.

[more]

How fintech can save small businesses on the brink

04/01/20

Lenders and government guarantors can use loan technology to bring immediate relief to business owners, former OCC official Jo Ann Barefoot says.

[more]

High anxiety among energy lenders as oil prices plummet

03/31/20

Weak demand for oil and gas, brought on by the economic fallout of the coronavirus outbreak, has raised concerns of energy firms missing loan payments or even going bankrupt. Here’s how banks and regulators are trying to get ahead of potential problems.

[more]

Wall Street quietly telling companies not to draw their loans

03/30/20

Some corporations are willing to oblige, turning instead to new, pricier term loans or revolving credit lines rather than tapping existing ones, industry officials say.

[more]

Bank of America pledges to retain and pay staff throughout 2020

03/27/20

CEO Brian Moynihan also said in an interview that the bank is helping clients affected by the coronavirus pandemic through increased commercial lending to companies and expanded forbearance for Main Street customers.

[more]

Let fintechs make SBA loans

03/27/20

Online lenders can help the agency distribute loans faster as it gets set to deploy emergency funding to small businesses.

[more]

Banks tolerate credit-line draws in coronavirus crisis — for now

03/26/20

Drawdowns on C&I credit more than quadrupled in a seven-day period ended March 25. Lenders may try to rein them in if the crisis drags out, but legal precedent isn’t on their side.

[more]

Lenders back push from hotels to access crisis-era program

03/25/20

With seven in 10 rooms sitting empty amid the coronavirus outbreak, hotel and banking groups are urging policymakers to open up the Term Asset-Backed Securities Loan Facility.

[more]

OceanFirst in N.J. gives early glimpse into coronavirus exposure

03/25/20

The company is one of the first to share information on impacted clients, forbearance requests and emergency loan applications.

[more]

Bank CRE losses expected to spike; digital payments boom

03/25/20

Losses on commercial real estate aren’t expected to be as bad as the 2008 crisis; as more cities announce shutdowns, consumers turn to online payments.

[more]