Lending

Since November 2004, commercial and industrial loan activity has steadily increased, but there appears to be no connection between small business owners use of loans and their inclination to use other related products and services.

The Small Business Administration is piloting a new loan program to assist veterans and members of the military with starting or expanding small businesses.

The agenda for the Business Lending and Other Business Services Conference is packed with timely topics and industry heavyweights.

Compared to the banking industry's commercial loan growth, credit unions' member business loan growth made bigger strides in 2006.

All of the traditional routes to bring business lending to members at Credit Union of New Jersey were considered, but ultimately, all agreed having a "local flavor" became the guidepost.

CU Direct Corporation, which administers the CUDL indirect auto lending program, announced that Joe Greenwald has been appointed its vice president of marketing and communications.