News Topic: small business

The Boston bank said Monday it received a "satisfactory" Community Reinvestment Act rating after being downgraded on its last exam. ... Read full article

During an appearance on the CBS Evenings News Wednesday evening, Dimon unveiled new details about the first leg of the New York company's recently announced, multi-city branch expansion. ... Read full article

Banks may need to do more to help small businesses after a hurricane, flood or other calamity as those firms tend to favor nonbank lenders after an emergency for a number of reasons, according to research by four regional Federal Reserve banks. ... Read full article

It's Tax Day! When the new tax bill was debated late last year, a few reports noted an unintended consequence of the bill's expansion of the standard deduction might be decrease people's charitable contributions, in turn harming nonprofits. ... Read full article

New Resource Bank and P2Bi are splitting the risk and revenue associated with asset-based loans. ... Read full article

The acting director wants to gut the agency, which would harm both consumers and entrepreneurs. ... Read full article

The bank on Monday launched a loyalty and rewards program aimed at small businesses. ... Read full article

Fundbox is testing a payments and credit network for small businesses and their business clients that may offer an alternative to traditional lenders, credit card issuers and supplier financing. ... Read full article

The founders of Seed are hoping to bring to small-business banking what their previous company, Simple, brought to personal financial management: much-easier-to-use technology. ... Read full article

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

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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. ... Read full article

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? ... Read full article

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. ... Read full article

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. ... Read full article

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. ... Read full article

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 ... Read full article

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. ... Read full article