A Sept. 11, 2013, story in Credit Union Times (Small Business Owners’ Plea to Credit Unions: Earn My Business) reported on a focus group of small business owners, who generally concluded that credit unions are having a hard time serving their needs compared to banks.
A credit union helped a small-time baker grow from delivering home-baked goods to parties and weddings to placing Bundt cakes on regional grocery store chain shelves with a microloan of less than $50,000.
The $2.5 billion Northwest Federal Credit Union in Herndon, Va., is among the latest to receive approval to become an SBA lender.
Omaha, Seattle, Milwaukee also among national leaders in businesses paying bills on time.
The $894 million credit union in Wichita, Kan., said the funds aims to strengthen an existing relationship with the university.
Big Tennessee credit union helps small businesses two at a time.
Credit rater reports record low share of delinquent dollars as economy turns up for small businesses.
CardHub.com study finds most issuers don't distinguish liability between holder's consumer and business cards.
Analysis firm says data show that many private companies may be well positioned to borrow.
Much of the first-quarter improvement was fueled by lower delinquency rates and stronger consumer spending.