The Stakes Have Shot Up for Small Business Banking
If you're still handling business customers on a retail platform, these clients may soon bolt for specialized fintech or big bank offerings.
Business Banking
Articles about business banking services, and the strategies banks use to grow banking relationships with SMEs and business owners.
Latest Spotlight Article:
Comerica Stands Out in Small Business Banking with Innovative Co-Op Initiative
Comerica is going beyond traditional banking services to help small business customers with free ads, complimentary office space and other perks.
Popular Articles within Business Banking:
Is a Subscription Model the Answer to Challenger Banks’ Profit Problem?
This mobile business-banking app gives nothing away. But its single flat fee simplifies typical bank pricing while adding new features.
Intuit Muscles into Banking with AI-Powered Primary Checking Account
QuickBooks Cash Account, with Green Dot as partner, will build on the software company's existing base of five million small businesses.
Banking’s Critical Role In Saving Small Businesses
Many small businesses that are suffering as a result of COVID-19 need a partnership with their financial institution in order to survive.
Fintechs Threaten to Disrupt the Small Business Banking Market
Traditional banking products leave crucial gaps that expanding digital platforms like Shopify are filling. Personalized service is key.
Banking Must Help Small Businesses With PPP Loan Forgiveness
Small businesses that received an SBA Paycheck Protection Plan loan are counting on financial institutions to get their loan forgiven.
Banking Industry Must Support Businesses & Consumers Post COVID-19
The future of many communities will rely on the financial support of banks and credit unions beyond short-term stimulus packages.
Tailoring Banking to the Needs of Today’s Gig Economy Workers
More Americans will explore gig jobs as COVID-19 shrinks the economy. Banking and payment services must fit their cash flow.
Key Lessons About the Payroll Protection Program for Financial Institutions
Small and midsize lenders, ready to jump in again with sweat equity, savvy and fintech help, share tips from program's first wave.
Banking Must Support Small Businesses Beyond Providing Loans
During the COVID-19 crisis there are opportunities for financial institutions to help small businesses succeed after shelter-at-home ends.
How Banks Can Help Small Businesses Through Aid Tangle and Beyond
Dealing with 'PPP' crush will impact brand impressions long beyond coronavirus. Five tips will help banks and credit unions come out ahead.
New Digital Media Strategies That Boost Small Business Banking Results
Using addressable marketing with social media in B2B campaigns can prove highly effective with proper identity resolution and segmenting.
Financial Institutions vs. Fintechs: The Fight for Business Banking
Customer value is now the differentiator in business marketing. Five key principles guide banks and credit unions, with content as the focus.
The Fintech Strategy to Steal the Small Business Banking Market
Business mobile apps increasingly catch on, but ongoing challenges show how financial institutions may evolve to face growing competition.
Gaps Grow Between Small Businesses and Financial Institutions
14% of small firms plan to leave their bank or credit union and 36% are considering switching as traditional players fail to stay current.
What Gen X Business Owners Want From Their Banking Providers
As banks and credit unions vie for share, they must refresh their view of this oft-neglected generation, who make strong business prospects.
Alternative Lenders Continue to Steal Business From Banks
Banks and credit unions are at risk of losing small business customers if they can't provide easy and fast borrowing options.
Financial Marketing Strategies That Grow Business Banking Relationships
Financial marketers can grow business banking relationships by applying some of the same tools and practices they use on the retail side.
Don’t Kill Business Banking Relationships With Digital
Businesses say live bankers are still a key part of the service, but some financial institutions are taking digital too far.
Big Opportunity For Traditional Lenders in Small-Dollar Biz Loans
Banks and credit unions should rethink their aversion to lending to early-stage businesses. Making technology and partnerships work will be key
Digital Is Critical For Banking Providers in The Small Business Market
Community banks and credit unions admit their digital transformation strategies are lagging, slowly suffocating relationships with small businesses.
5 Ways Traditional Business Lenders Can Beat Digital Disruptors
Retail banks and credit unions can't ignore the appeal online lenders have with small business borrowers. Here's how financial marketers can fight back.