small business

A small-business ‘dream job’ at BofA

09/22/20

Bank of America's Managing Director for Small Business Sharon Miller led the company's involvement in the Paycheck Protection Program, which produced more than 343.000 loans, most in the country.

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Eastern Bank idea leads to small-business money management app

09/17/20

Small and midsize banks would pay for access to the Monit app and offer it to small-business clients as an add-on service.

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NCUA awards credit unions $3.7M in grants and loans for pandemic relief

09/16/20

More than 160 institutions will use the money to help members weather the coronavirus by offering new products and providing help with loan payments.

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CFPB to release outline on small-business data rule

09/14/20

The bureau will detail how it will implement a Dodd-Frank Act provision requiring the agency to collect information on small-business lending in order to identify discrimination.

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M&T's new fintech unit rolls out first product

09/09/20

The bank's innovation group has developed a software tool for law firms. It hopes the project will help it speed products to market and attract top technology talent.

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Congressional testimony on Small Business Lending regulation

09/09/20

I am testifying later today (virtually) before the House Small Business Committee on "Transparency in Small Business Lending."  My written testimony is here.

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PPP had its strengths. Its successor can be stronger.

08/12/20

A public-private partnership that has fewer rules and restrictions than the Paycheck Protection Program would save more small businesses.

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How DoorDash and a challenger bank helped rescue a restaurant

08/05/20

The owner of The Shuckery in Petaluma, Calif., says she was unable to get a Paycheck Protection Program loan until she responded to an email from the delivery service and BlueVine.

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Better data is key to beating bias in small-business lending

08/05/20

The increased use of technology, along with holistic data points, can eradicate racial and gender disparity for fintech lenders in small business, says Become’s Eden Amirav.

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Small-business owners are leaning on credit cards to survive

07/31/20

This personal funding has blurred the line between personal and business finances more than ever.

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