The NCUA on Thursday said that two-thirds of the 1,003 credit unions offered the eligibility to become a low-income credit union have accepted.
Over the past six quarters, the SBA’s loan program has posted the second-largest dollar volume ever, supporting $30.25 billion in loans to small businesses.
Whether Amazon.com’s commercial lending pilot program succeeds will be determined over time and how its underwriting terms stack up against banks, credit unions and others.
That’s according to Biz2Credit, a New York firm that connects small businesses with financial institutions.
Treasury Department cites $1.5 billion increase from first quarter showing.
Discovering that there is growing interest in offering member business loans in Louisiana, a new council held a three-day confab this week.
CUcorp launching radio spots next week aimed at raising awareness of industry's contribution to small business.
Over the last two decades, small and new businesses have been responsible for creating two out of every three net new jobs in the U.S., and the country’s 28 million small firms today employ 60 million Americans–half of the private-sector workforce.
The SBA has increased the small business size standard for the real estate, rental and leasing, educational services, health care social assistance sectors.
Followup on last year's Passaic County Business Summit that attracted more than 80 businesses for networking.