News Topic: Commercial lending

Finance students at Marquette University will make loans to small businesses in Milwaukee from a revolving fund seeded by Town Bank and held on the books of a local CDFI. ... Read full article

The Detroit bank wants to focus on its core business instead, but other institutions have seen rapid growth in loans for recreational vehicles and other large pieces of transportation equipment. ... Read full article

Bank of Montreal set a profit record for its U.S. business, thanks in part to Donald Trump's tax cuts and lower provisions for bad loans. ... Read full article

Organizers of new banks want to cater to underbanked minorities, entrepreneurs, military veterans and other specialized groups. ... Read full article

A huge chunk of the profit increase in the second quarter was due to a lower tax rate, but rising net interest margins and loan growth signal that institutions continue to derive revenue from their loan book. ... Read full article

The Troy, Mich., company is operating unfettered by regulatory orders for the first time in a decade, and its CEO says Flagstar now has the flexibility to pull the trigger faster on deals and accelerate its diversification beyond mortgages. ... Read full article

The agency said the market for larger rental investors may not need additional liquidity from Fannie Mae and Freddie Mac. ... Read full article

A number of banks have stepped up efforts to lend to residential developers, though they are mindful of missteps made before the financial crisis. ... Read full article

In a newly created role, Tony Sciarrino will oversee middle-market bankers in more than a dozen offices across California. ... Read full article

But overexpansion, trade wars and escalating wages for drivers could cut the trip short for banks that have aggressively pursued business with large and midsize trucking companies. ... Read full article

It's a fickle industry, given the uncertainty over the Affordable Care Act and government reimbursements, but opportunities in lending to medical practices and device manufacturers make it hard to resist, bankers say. ... Read full article

Private equity firms are making loans to midsize businesses and online banks are winning deposits by paying 2% interest; Goldman hires a veteran M&A banker. ... Read full article

Good credit analysts are in short supply, says David Nicholson, a senior v.p. of commercial lending at a community bank. But fair warning for job seekers: Only dogged questioners who can think critically need apply because vetting business borrowers is as ... Read full article

Joe Baratta, Blackstone’s global head of private equity, said that he was drawn to the Sacramento. Calif., company because he believes its technology offers lenders a more efficient way to find customers. ... Read full article

Good old-fashioned commercial credit analysts are a dying breed, David Nicholson says. Community banks need them to stay competitive in C&I, but training courses have been cut back. So he’s on a mission to teach as many students as he can. ... Read full article

The central bank's survey of loan officers said banks are easing their credit standards for commercial and industrial loans as competition heats up. ... Read full article

If President Trump’s tariffs on steel and other products stay in place long, big U.S. importers would be hurt and pass on the pain to their midsize and small-business suppliers — which are the bread and butter of commercial lending. ... Read full article

On Mar. 31, 2018. Dollars in thousands. ... Read full article