Small business lending

New York state is said to probe abuses in small-business lending

12/03/18

Attorney General Barbara Underwood’s office is looking into whether merchant cash-advance companies engaged in fraud or abused the state court system.

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Investment company to buy Calif. community bank

11/29/18

Faciam Holdings will pay nearly $68 million for Summit Bancshares.

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Former CFPB chief Raj Date joins Numerated as investor, adviser

11/28/18

Date, now a venture capitalist, worked with the lending software company's CEO, Dan O'Malley, at Capital One in the 2000s.

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A shakeout is coming in small-business lending

11/27/18

As the economy softens, traditional banks have an opportunity to win back market share from fintech competitors.

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Bankers mobilize against SBA proposal on poultry lending

11/19/18

Lenders fear the agency's rule could make most poultry producers ineligible for 7(a) loans.

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HSBC to offer online small-business loans in Canada

11/19/18

The lender is working with the fintech Biz2Credit to offer both secured and unsecured digital loans.

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Midterm fallout, Synchrony's Walmart fight, Waters' banking agenda: Top stories of the week

11/09/18

What the Democrats' House takeover means for banks; Synchrony has a lot to lose in fight with Walmart; should industry fear Waters-led banking panel?; and more from this week's most-read stories.

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Veterans aren’t getting the loans they need to start a business

11/09/18

Entrepreneurship among veterans has been declining over the past 20 years, according to a report by the SBA and the New York Fed.

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'Not a good omen for the industry': Comments of the week

11/08/18

Readers sound off on the 2018 midterm election results, OCC's Otting defending his agency's right to charter fintechs, and predictions the plastic credit card is nearly dead.

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Window may be closing for small banks to compete for small business

11/06/18

Big banks and fintechs are aggressively adding digital capabilities to process applications quickly, creating a sense of urgency for community banks.

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