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.
With the economy recovering, credit unions may notice an uptick in inquiries from members wanting to start or grow businesses in certain areas.
Agency would eliminate personal resources test from some loan programs.
Massachusetts credit union continues its work with small business growers of employment, economy.
New report finds they're also less likely to seek credit, fearing denial.
Inspector General says community banks did not sufficiently use bailout money to increase lending to small businesses.
Gift will help development organization help businesses in north-central Massachusetts.
House committee chair asks SBA for update on contingency plans as funding shrinks.
Small bankers trade kicks off Community Banking Month; CUNA counters that everything credits union do is "local."
Biz2Credit financing match firm also finds loan approval rates 15% to 20% lower for female-owned companies.