Commercial lending

Bankers talk around lending prospects, talk up need for stimulus


Executives from a half-dozen major financial institutions avoided detailed commercial lending forecasts and gave a mixed outlook on consumer credit at an industry conference. And they called on Washington to pass an aid package targeted at the most troubled business sectors as soon as it can.


Hawaii banks gird for prolonged tourism slump


A prosperous decade leading up to the pandemic had left lenders in good shape, but they're worried the economic shock to the state's most vital industry could linger into 2022.


Florida bank aims for first-mover edge in financing search funds


Professional Holding has opened an office close to Boston to make loans to aspiring CEOs — often recent business school graduates — who are looking to buy their first businesses.


As winter approaches, banks brace for defaults on restaurant loans


Many eateries that relied on outdoor dining to survive the pandemic could see revenues plummet as the weather turns cold.


Why multifamily loans remain resilient in New York


Lenders pushed back against the notion that city dwellers' pandemic-driven flight to suburbia would hurt them. They say fewer landlords have sought deferrals as vacancy rates remain low and rent collections have stabilized.


Trillions in bank loans linked to reduction in biodiversity


The 50 biggest banks are financing industries that contribute most to the loss of the world’s species, according to a consortium of environmental experts and advocates.


SVB Financial releases reserves, citing venture capital rebound


The company's Silicon Valley Bank unit reduced its loan-loss cushion by $52 million. Private-equity and VC clients have warmed to the practice of doing deals virtually, which increases lending opportunities, SVB executives said.


4Q will be commercial real estate’s big reveal, M&T says


Many of the Buffalo, N.Y., bank’s commercial loans have exited forbearance granted in the early days of the pandemic — except hospitality and retail, which were given longer dispensation.


Credit unions are losing ground with small business members


Institutions that cling to outdated lending tools run the risk of being left behind by commercial clients who are barraged with opportunities to borrow faster and more conveniently.


BOK seizes opportunity to finance nursing home M&A


The coronavirus pandemic has spurred more private buyers to acquire senior care homes, and the Oklahoma lender is eager to back them.