Small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly to 13.2% in January 2021 from December 2020’s figure of 13.1%, according to the latest Biz2Credit Small Business Lending Index™ released today. In...
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February 09, 2021, 08:23 AM
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Wells Fargo & Company announced it has exceeded its initial $75 million commitment for the Wells Fargo Works for Small Business: Diverse Community Capital program by awarding $13 million in lending capital and grants to 19 Community Development...
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December 07, 2018, 09:00 AM
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Small business lending resumed double-digit growth while credit quality remained strong in October, according to PayNet, a provider of small business credit data and analysis. The Thomson Reuters / PayNet Small Business Lending Index (SBLI)...
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December 06, 2018, 08:00 AM
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Pacific Mercantile Bank announced that it is now participating in the California State Small Business Loan Guarantee Program (“SBLGP”), as part of the Bank’s efforts to expand the amount of credit available to small business owners in Southern...
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January 28, 2016, 07:29 AM
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Wells Fargo & Company (NYSE: WFC) approved more SBA 7(a) loans and dollars for America’s small businesses than any other lender in federal fiscal year 2015 (October 2014 – September 2015), according to recently released U.S. Small Business...
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October 13, 2015, 07:58 AM
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LiftForward, one of the leading companies in alternative small business finance, announced it has secured credit facilities totaling up to $250 million from entities managed by Varadero Capital and from GLI Finance. Based in Manhattan, LiftForward...
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July 21, 2015, 07:06 AM
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Funding Circle announced that Victory Park Capital, an asset management firm based in the U.S . and an active lender to UK and European companies, will finance up to $420 million in loans to small businesses originated through Funding Circle both in...
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February 20, 2015, 07:52 AM
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44 Business Capital recently received The National Association of Government Guaranteed Lenders (NAGGL) Champion of Veterans Small Business Lending Award for exemplary efforts in its commitment to providing brave servicemen and women of America with...
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November 25, 2014, 07:04 AM
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