business loans

Toast Says Payments, Lending Are Digital Recipe for Retention
Toast Says Payments, Lending Are Digital Recipe for Retention
November 08, 2024  |  Earnings

Digital transformation is serving up new efficiencies for the restaurant and hospitality sector. With razor-thin margins, shifting consumer tastes and an insatiable demand for convenience,...

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Lend, Don’t Break: How Mid-Size Banks Can Overcome Digital Lending Growing Pains
Lend, Don’t Break: How Mid-Size Banks Can Overcome Digital Lending Growing Pains
November 07, 2024  |  Digital-First Banking

Throughout their history, mid-sized banks have served as a lifeline for local businesses across America. These financial institutions (FIs) — including community banks, regional banks,...

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Consumers Could Find Economic Impact Of Interest Rate Cuts To Be Overrated
Consumers Could Find Economic Impact Of Interest Rate Cuts To Be Overrated
September 10, 2024  |  Economy

The only question surrounding rate cuts from the Federal Reserve boils down to not “when?” but … “how much?” The central bank seems all but...

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CFPB’s Small Business Lending Data Collection Rule Leaps Legal Hurdle
CFPB’s Small Business Lending Data Collection Rule Leaps Legal Hurdle
August 26, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) rule requiring lenders to gather demographic information about small business borrowers has leapt another legal hurdle.  A federal judge rejected...

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Embracing a Specialist Approach Helps Lenders Overcome Small Business Difficulties
Embracing a Specialist Approach Helps Lenders Overcome Small Business Difficulties
August 01, 2024  |  SMBs

Small businesses represent 99.9% of American firms, yet effectively financing them remains an ongoing challenge. Small businesses are inherently risky — and many end up...

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Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild’
Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild’
July 19, 2024  |  Earnings

Regions Financial saw average loans remain stable during the second quarter, with some signs that demand for business loans may pick up. Average balances for...

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British Business Bank Boost Government-Backed Loans to Small Businesses
British Business Bank Boost Government-Backed Loans to Small Businesses
July 08, 2024  |  SMBs

The British Business Bank, the U.K. government’s economic development bank, has launched a new program designed to support access to finance for smaller U.K. businesses. The Growth...

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Report: Bank of Montreal Leads $2.55 Billion Loan in Nuvei Deal
Report: Bank of Montreal Leads $2.55 Billion Loan in Nuvei Deal
July 08, 2024  |  Loans

Bank of Montreal is reportedly leading a group of underwriters launching a $2.55 billion loan to back the previously announced acquisition of Canadian payments processor Nuvei....

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Following Court Orders, CFPB Extends Small Business Lending Rule Deadlines
Following Court Orders, CFPB Extends Small Business Lending Rule Deadlines
June 25, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has extended the compliance dates for its small business lending rule pursuant to court orders. A federal court in Texas stayed...

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