small business

SBA rule change could boost already surging 7(a)

11/22/17

A decision to slash the equity required for most change-in-ownership loans could help the small-business lending program top its recent record.

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Hurricanes contribute to eighth consecutive quarterly loss at OnDeck

11/06/17

The online small-business lender, which has been cutting expenses, said it is on track to achieve profitability in the fourth quarter.

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Big unknown for banks: Will tax plan boost growth enough?

11/02/17

Top banking executives called the Republican tax plan an important first step toward tax reform and economic stimulus, but questions immediately arose about whether trade-offs and complexities in the bill would undercut it.

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Should bank regulators link capital requirements to diversity?

10/26/17

More people are making a case for regulators to step in, saying banks’ lack of leadership diversity is a risk that they have failed to resolve on their own. There is one very surprising thing about the recent wave of sexual harassment allegations. What kind of program will help women advance? The answer might be one that is for the men.

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Keeping small businesses from overusing personal credit

10/17/17

TD Bank has pledged $3 million to provide credit counseling to small-business owners. The hope is that those owners will use commercial loans to replace personal credit cards and home equity as their primary forms of business funding.

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Equifax breach threatens small businesses, too

09/27/17

It’s not just consumers who are worried about identity theft. For the millions of business owners who rely on their personal credit to finance operations, damage to credit scores could have dire consequences.

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How a large SBA lender found a new way to expand

09/22/17

Live Oak Bancshares is used to finding ways to make small-business loans, but its new M&A operation was formed after two bankers pitched the plan to Live Oak's management.

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Bank webinars prove to be a marketing hit

09/18/17

Wells Fargo, PNC and others are finding that the web seminar is an effective way to promote themselves through advice and useful content aimed at consumers and business clients.

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Scandal at SoFi; Witherspoon’s ambition mission

09/14/17

In the string of scandals over how women are treated in the tech sector, SoFi is particularly egregious. Reese Witherspoon tackles the trouble with ambition for women. Plus, Edith Cooper and Lori Beer.

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