Small business lending

BauerFinancial to start issuing ratings for de novo banks

08/24/18

The move is important for new banks in states like California, where a small-business lending program requires a three-star rating from the agency.

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OnDeck reports record profit in 2Q, eyes second bank partnership

08/07/18

The online small-business lender was aided by loan growth, wider margins and stable credit trends. Its shares surged by 25% after second-quarter earnings were announced.

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Amex to review allegations that it misled small-business customers

07/30/18

The announcement follows a news report that said it routinely and without notification charged higher rates than it initially quoted.

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Amex rebuts report that it raised rates on business clients

07/30/18

The company defended its prices for currency conversions after a report said employees boosted rates for some business customers without notifying them.

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Comerica promotes market president to head of business banking

07/25/18

In addition to leading the company’s national business banking efforts, Peter Sefzik will also oversee small-business banking. Brian Foley, the chief credit officer for the Texas market, will succeed him as market president.

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Santander adopts nCino for business clients

07/23/18

The Boston bank said the digital lending platform has cut down the time it takes to deliver loan decisions by roughly 40%.

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Tapping the market: Why this bank helped brew a craft beer

07/20/18

Avidia Bank in Massachusetts collaborated with Exhibit 'A' Brewing to produce and sell an IPA as part of a plan to boost marketing to small businesses and millennials.

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OnDeck secures new funding sources for Canadian, Australian units

07/18/18

The New York-based online lender is turning to two European banks to fund loan growth in its overseas markets.

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Bank Holding Companies with the Largest Business Loan Portfolios

07/16/18

On Mar. 31, 2018. Dollars in thousands.

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California BanCorp to target lawyers and accountants with new division

06/29/18

The Oakland company has hired Colleen Atkinson, a former manager at HSBC, to oversee its new professional banking business line.

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