Small Business Loans

Nearly Three-Quarters of Small Businesses Using Embedded Lending Access Bigger Credit Lines
Nearly Three-Quarters of Small Businesses Using Embedded Lending Access Bigger Credit Lines
November 14, 2024  |  SMBs

Small and medium-sized businesses (SMBs) face challenges when securing credit, especially in an uncertain economy. Embedded lending, which integrates credit options directly into purchase platforms,...

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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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FDIC: High-Touch Beats High-Tech in Small Business Lending
FDIC: High-Touch Beats High-Tech in Small Business Lending
October 03, 2024  |  Loans

In small business lending — regardless of the size of the bank doing the lending itself — a high-touch approach and in-person visits to the...

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Small Business Administration Unveils Lower-Cost Debt Refinancing Program
Small Business Administration Unveils Lower-Cost Debt Refinancing Program
October 01, 2024  |  SMBs

The White House says it has made it easier for small businesses to refinance debt. The Small Business Administration (SBA) announced a rule change Tuesday (Oct. 1) to...

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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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Rapid Finance Debuts Updates to Fraud Detection Platform for SMB Loans
Rapid Finance Debuts Updates to Fraud Detection Platform for SMB Loans
June 04, 2024  |  SMBs

Small business banking platform Rapid Finance has introduced updates to its fraud detection platform Lynx. The platform now has a cloud-based rules engine that lets...

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Upcoming Data Reporting Requirements Could Shape Small Business Lending’s Future
Upcoming Data Reporting Requirements Could Shape Small Business Lending’s Future
April 16, 2024  |  Loans

Main Street businesses represent the backbone of both the American economy and their local communities. And with the news on Tuesday (April 16) that Rapid...

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34% of SMB Execs Say Loan Costs Are a Concern  
34% of SMB Execs Say Loan Costs Are a Concern  
April 08, 2024  |  SMBs

From time to time, most small and medium-sized businesses (SMBs) find themselves having to borrow money to meet short-term needs or unexpected expenses. But as...

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Intuit QuickBooks Adds Line of Credit to Its Platform
Intuit QuickBooks Adds Line of Credit to Its Platform
March 28, 2024  |  Loans

Intuit QuickBooks has added a line of credit offering to the small business lending options available through its platform. The new QuickBooks Line of Credit...

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