How Banks Can Avoid Losing Small-Business Loans to Fintechs
Fighting back against nonbanks like LendingClub and Funding Circle means adopting some of their digital tactics. But the benefits are many.
Business Lending
The latest news about business lending services, and the strategies banks use to grow loans and increase lending volume with SMEs and business owners.
Amazon Boosts Business Lending Lineup with Fintech Cash Advances
A new fintech partnership enables sellers to finance their Amazon marketing through a 'pay-as-you-sell' approach.
How the Convergence of Fintech & Banking Is Transforming Business Lending
The trend isn't the end of relationship banking, but partnering and a niche market focus will be essential, especially as CRE lending slows.
How the ‘New Normal’ is Driving Change in Small Business Lending
Greater acceptance of digital commercial lending processes has arrived as both financial institution lenders and prospects see the benefits.
Why Are So Many Credit Unions Buying Banks?
Cross-industry acquisitions, once rare, have shot up under the pressure to grow. Policy issues threaten to quash the trend.
Community Institutions’ Golden Opportunity to Grow Small Business Loans
The PPP program not only created a halo effect, but opened the door for ongoing loan growth. Tech upgrades will be essential.
Banks’ Poor Use of Data Drives Business Customers to Fintechs
Despite progress in analytics, data-driven decision-making lags, especially with SMB customers, making them susceptible to poaching.
How BofA Grapples With The Increasingly Digital Small Business Market
Formidable fintech foes like PayPal, Square and Stripe challenge even the biggest banks. Here's how the No. 2 U.S. bank is responding.
Traditional Bank Lenders Gaining Market Share at Fintechs’ Expense
During the pandemic, banks and credit unions greatly surpassed fintechs in both lending volume and satisfaction among small businesses.
How COVID has Accelerated the Future of SME Lending
Technology has moved from limiting factor to enabler in small and midsize business lending for banks and credit unions that embrace it.
How to Nail the Small Business Banking & Lending Market
Rough times mean stepping up your digital game to fend off fintech niche players and adding relationship managers who are effective remotely.
Fintechs Putting Big Pressure on Banks’ Business Lending
Role of firms like Kabbage and Intuit in Paycheck Protection Program stomped on the gas of small firms' rising expectations.
5 Threats Banks Face to Commercial Business (And How to Respond)
Along with the challenges come opportunities, including partnering with fintech providers in a platform arrangement, and enhanced onboarding.
Banks Must Adopt APIs for Business Lending or the Fintechs Will Win
The PPP crush spotlighted banks' lack of digital progress, giving fintech lenders an opening. It's not too late to regain the edge.
How the COVID Downturn is Changing the Business Lending Landscape
Drawn-out reopenings aren't helping a demoralized business sector rebuild credit and earnings. Federal commercial lending adds new twist.
Paycheck Protection Program Put on Express Track By Midwestern Bank
COVID-19 aid package gives community financial institutions the chance to prove their worth in the crisis, says banker who jumped on it early.
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.
COVID-19 Is Crushing Small Business: Can Banks Lend Fast Enough?
Financial institutions are key to helping this vital sector of the economy, and speed is imperative now. Here's what some are doing.
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.
Simplify and Streamline Bloated Processes Choking Business Lending
Here's a roadmap for community financial institutions looking to profitably lend to small businesses before online lenders steal the market.
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
U.S. Bank Jumping Into Digital Lending With New Platform
The bank's innovative digital lending solution increases pressure on both fintechs and traditional institutions in a key battleground market.
