News Topic: small business

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

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. ... Read full article

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 ... Read full article

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. ... Read full article

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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. ... Read full article

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. ... Read full article

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. ... Read full article

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. ... Read full article

The $2.6 trillion-asset bank's recent commitment to digital lending augurs the development of a two-tier market for borrowers who want fast access to cash. ... Read full article

A new survey finds that 14% of small and medium-size businesses switched banks last year and 18% are considering switching this year. Doug Brown senior vice president of FIS, explains why, and what banks should do about this. ... Read full article

Linda McMahon told lawmakers the 7(a) program shouldn't run out of funds in fiscal 2017. Still, she wants permission to boost the program's funding authority by 15% if an unexpected spike in demand takes place. ... Read full article

On Dec. 31, 2016. Dollars in thousands, except for average loan amount ... Read full article

Better access to credit, an improving revenue picture and promises of regulatory relief are bolstering the confidence of small-business owners. ... Read full article

Wells Fargo community banking head Mary Mack is seeking three new deputies and shaking up regional leadership of the division she inherited after a bogus-account scandal. ... Read full article

The bank and cloud accounting platform will offer services to mutual customers via API. ... Read full article

President Trump has nominated Linda McMahon, a co-founder of the World Wrestling Federation, to run the Small Business Administration for the next four years. If confirmed, McMahon, a Republican, will inherit an agency that has supported record loan volume ... Read full article

Chapter 11's ability to empower true reorganization has received much criticism of late in light of an increasingly held assumption that most Chapter 11 cases end in a 363 sale of the debtor's assets. Around this time last year, the American ... Read full article