small business

New Saudi Bankruptcy Law ... A Boon for SMEs?!

02/23/18

Saudi Arabia's King Salman has approved a new bankruptcy law. {Download Saudi BK final 2-2018} Commentators have

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Churches Are Still Filing Bankruptcy

02/15/18

Not only are religious organizations still filing under chapter 11. As in prior years, they continue to file under chapter 11 in line with fluctuations in consumer bankruptcy filings. Find a couple graphs below to show this. But first, some background.

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National expansion bid will test large SBA lender

02/02/18

Seacoast Commerce is San Diego is already one of the biggest Small Business Administration lenders — half the loans on its books are tied to SBA programs. But will its underwriting hold up outside its traditional markets?

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Regulators grapple with fallout from Justice Dept. U-turn on pot

01/18/18

Attorney General Jeff Sessions did not keep the rest of Washington apprised of his plan to rescind an Obama-era memo on pot. Now Fincen and other federal banking agencies are dealing with the backlash from that decision.

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San Diego de novo bank sets opening date

01/17/18

Endeavor Bank, which raised nearly $27 million, will become the second new bank to open in California in the past year when it debuts next week.

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Banks tap new source of fee income in helping firms with e-payments

01/02/18

Commercial customers, including small businesses, seem ready to pay up to shift to faster, more sophisticated electronic invoicing and payments, and enterprising banks that provide them the technology to do so could find it lucrative.

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Call for Commercial Law Topics (and Jargon!)

12/16/17

For the spring semester, I am offering advanced commercial law and contracts seminar for UNC students, and have gathered resources to inspire students on paper topic selection as well as to guide what we otherwise will cover. But given the breadth of what might fit under the umbrella of the seminar's title, the students and I would greatly benefit from learning what Credit Slips readers see as the pressing issues in need of more examination in the Uniform Commercial Code, the payments world, and beyond.

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Special-purpose lenders could get boost from GOP bill

12/04/17

The Small Business Credit Availability Act aims to double the debt-to-equity ratio for business development companies. Increased leverage could spur more lending to small and midsize borrowers.

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SBA launches program to let banks fast-track disaster relief

11/28/17

The pilot could help the agency improve its image after past criticism of slow responses to catastrophes.

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