How Higher Interest Rates Flipped Small Business Credit Needs
Grasshopper Bank's head of SBA lending says high rates have led to 'credit compression' among smaller borrowers.
Articles about business banking services, and the strategies banks use to grow banking relationships with SMEs and business owners.
Small businesses lean on credit cards, but new options from Affirm and others will force card programs to compete with buy now, pay later.
Subscribe Now!
Grasshopper Bank's head of SBA lending says high rates have led to 'credit compression' among smaller borrowers.
Small businesses led by underrepresented demographic groups exhibit slower and less growth than those led by white owners. Banks may be able to help turn the tide with targeted awareness outreach and more lending options.
Two experts share their expertise on trends, challenges and opportunities shaping the future of business banking for community institutions.
The commercial banking industry is focusing on liquidity management and preparing for new regulations. Why? Find out here.
Small businesses lean on credit cards, but new options from Affirm and others will force card programs to compete with buy now, pay later.
Special Report: Good news: Many current lines of business will endure in the bank of the future, enhanced and augmented by digital technologies.
A new study shows key areas where small and midsize businesses say they need help — all opportunities for banks, if only banks would offer.
How can banks get small business customers to recommend them to others and to expand the relationship with additional products and services? A new study surfaces key actions to take.
Bankers who proactively plan how to support small business customers affected by a natural disaster can truly fulfill the role of trusted advisor.
Comerica is going beyond traditional banking services to help small business customers with free ads, complimentary office space and other perks.
A bipartisan Senate bill called the SAFER Banking Act is the best chance banks and credit unions have ever had to get federal approval for serving state-sanctioned marijuana businesses.
For years, Square, Stripe, and PayPal have been disruptors siphoning small business relationships away from banks and credit unions. Now, through a new fintech partnership, institutions are fighting back.
CSI surveyed community bankers nationwide to learn their investments and goals. Read the interactive research report for the trends and strategies for success in 2024.
Manual tasks across channels is costly. And while AI is hot, there’s a simpler way to bring efficiency that many bankers have overlooked.
Read More about The New AI: A Banker’s Guide to Automation Intelligence
Enhancing cash management services is not only a revenue opportunity for banks, but a way to fend off the fintechs encroaching on business customers.
Earned wage access programs can deepen ties with business customers, which value the service as an employee retention tool.
The Federal Reserve already has plans to roll out new features for its instant payments service, a rival to the RTP network.
Growth at this Michigan community bank comes from business customers — especially manufacturers — seeking help with challenges like rising interest rates.
How well do mobile banking apps meet the needs of small businesses? See where the apps fall short and what areas to prioritize for improvement.
New York BaaS provider Piermont Bank works with business-focused fintechs and expects its strategy to lend greater resilience even as other players bow out.
Fintech challengers are in hot pursuit of small business customers. Their strategy offers insight for traditional banks and credit unions.
Alex Johnson, founder of Fintech Takes, discusses the future of niche financial institutions where funding has become more difficult, scalability continues to be elusive, and acquisition and loyalty increasingly challenging.
Corporate accounts often take weeks to open, but VAM can make the process faster and easier for banks and their business customers.
A survey of small business owners points to opportunities for banks and credit unions to deepen these relationships. One immediate priority should be more communication.
Learn how to enhance your brand’s local visibility, generate more leads, and attract more customers, all while adhering to industry regulations and compliance.
Read More about The Power of Localized Marketing in Financial Services
Listen to the brightest minds in the banking and business world and get ready to embrace change, take risks and disrupt yourself and your organization.