PORTLAND, Ore. — Buying and selling loans on the SBA secondary market is still unfamiliar territory for many credit unions.
The Small Business Administration has announced a new fund that will focus exclusively on providing capital to Michigan businesses.
Dover FCU closes first SBA loan since becoming an agency lender.
Amid reports of sluggish job creation, some credit unions are still helping small businesses grow.
The Wisconsin Credit Union League will be among guest speakers at a small business panel hosted by U.S. Rep. Ron Kind (D-La Crosse) next week.
A veteran bond and commercial finance expert says ways exist for credit unions to make more without creating undue new risk.
Comparing small businesses that have previously filed for bankruptcy to those that have not gone down that road, some firms are no more burdened than others by poor cash flow, high health insurance costs or excessive taxes.
President Obama has signed the repeal of a Form 1099 reporting rule that the SBA said would be costly to small businesses.
It could seem that a Michigan credit union went out on a limb when it became the first CU user of a core processing platform for banks.
The Small Business Administration has named the $1.5 billion FAIRWINDS Credit Union among its newest preferred lenders.