In remarks to ABA’s Community Bankers Council on Wednesday, Small Business Administration Administrator Maria Contreras-Sweet encouraged bankers to “take a second look” at how SBA programs can complement their small business lending.
Browsing: Commercial Lending
Credit risk for both retail and commercial loan products has increased over the past three years as and is expected to continue rising in 2016, according to the OCC’s annual Survey of Credit Underwriting Practices.
What will be top of mind for CRE lenders next year?
ABA yesterday offered several recommendations for improving the FDIC’s proposed survey on small business lending.
The banking agencies are revisiting the dollar thresholds for their appraisal requirements, FDIC Chairman Martin Gruenberg said in Arlington, Va., today at the final outreach meeting for the decennial Economic Growth and Regulatory Paperwork Reduction Act review.
For banks tightening business credit, most cite the economic outlook and problems specific to industries, such as oil and gas, as key reasons.
House Small Business Committee Ranking Member Rep. Nydia Velázquez (D-N.Y.) today asked the Securities and Exchange Commission and the Consumer Financial Protection Bureau for information on how they regulate the online lending marketplace for small businesses. Noting that online small business lending has doubled in size every year for the past four years, topping $14
Noting an increase in loan purchases and participations that are originated by nonbanks or facilitated by third parties, the FDIC today issued an advisory on risk management practices for purchases and participations.
ABA, through its Corporation for American Banking subsidiary, has endorsed BizEquity’s Banker Office, a business valuation platform and performance service.