Three years after it started offering business loans, Members Choice CU moves to No. 9 on the SBA list for big Texas market.
The Veteran Pledge Initiative involves the SBA and 20 of the country’s top national, regional and community lenders, the agency said.
The $125 million cooperative in Reno, Nev., said it is the first new SBA lender in northern Nevada in more than nine years.
At a time when some credit unions are looking for ways to boost their loan portfolios, they may want to consider giving more consideration to two groups that fear seeking out financing for their business start-ups or expansions.
Agency would eliminate personal resources test from some loan programs.
SBA funding available through package approved by Congress in January.
Deadlines extended for filing for disaster loans in New Jersey and New York.
House committee chair asks SBA for update on contingency plans as funding shrinks.
The SBA and AARP are teaming up to host National Encore Entrepreneur Mentor Month, targeted at entrepreneurs over the age of 50.
Quarterly report cites improving economic conditions, "meek lending environment."