business loans

• Ohio MBL CUSO Touts First-Quarter Financials

  By Michelle A. Samaad  |  April 5, 2013

  Cooperative Business Services is hoping the $29 million it funded in the first quarter will lead to a second consecutive year of record growth.

• Amazon Says New Loan Program Helps Small Businesses Turned Down by Banks

  By Michelle A. Samaad  |  October 9, 2012

  Credit unions may have another competitor on the commercial loan front as online retail giant Amazon makes high-stake moves in the business lending space.

• Credit Unions, Banks Bilked in $16 Million Jiffy Lube Scam

  By Michelle A. Samaad  |  August 27, 2012

  Defendants in Pennsylvania case accused of fraudulently obtaining business loans in Indiana, California, Illinois.

• AM Community Credit Union Liquidated; MBL Delinquencies Tanked Financials

  By Heather Anderson  |  August 1, 2012

  AMCCU dismantled, purchased by TruStone Financial.

• MBL Hike Dissidents Speak Up

  By Heather Anderson  |  July 30, 2012

  Members of the so-called “silent majority” of credit unions that oppose S. 2231, the bill that would increase the member business lending cap for credit unions, spoke out as banking lobbyists pressed the issue to lawmakers.

• New York CUs Tout First Quarter MBL Growth

  By Michelle Samaad  |  July 27, 2012

  CUANY reports a 15% MBL increase in the first three months of 2012.

• Utah MBL CUSO Offers SBA Loan Advantage Program

  By Michelle A. Samaad  |  July 13, 2012

  Member Business Lending LLC said it is the first CUSO to offer its credit union participants the SBA Small Loan Advantage program.