First-party data: Smarter insights when determining creditworthiness
With transactional data, banks can make borrowing smarter and better serve more customers.
Browsing: Business loans
New Loan Program Connects Ag Financial Performance with Environmental Conservation
The Environmental Defense Fund is partnering with Farmers Business Network on farm loans to give farmers who meet climate and water quality standards with lower interest rates and agronomic insights to improve on-farm conservation.
The Regulated World of Healthcare Lending and Restructuring
By considering the unique aspects of healthcare financing, the associated risks can be factored into the pricing and structure of the credit facility, resulting in fewer surprises.
Fed Survey: Traditional Financing Declined for Businesses as Pandemic Began
Between 2019 and 2020, traditional financing declined among both non-employer and employer firms as the COVID-19 pandemic began, according to Small Business Credit Survey figures released today by the Federal Reserve Banks.
Four Ways Banks Can Help Main Street USA Thrive Again
With the right blend of people, empowerment, customized solutions and technology, banks are well-positioned to be heroes by growing with small businesses and supporting their efforts.
Fed: 9 in 10 Small Businesses Seek Emergency Aid amid COVID-19 Hardships
The vast majority of small firms—95%—said that the coronavirus pandemic affected their business, with 26% reporting temporary closures, 56% reporting reductions in operations and another 48% reporting modifications to their operations, according to the latest Small Business Credit Survey released today by the Federal Reserve Banks.
Fed: Business Debt Remains Elevated but Banking Sector ‘Resilient’
Business debt is historically high relative to U.S. gross domestic product, with debt increasing most rapidly among the riskiest firms amid weak credit standards, the Federal Reserve said today in its financial stability report.
Borrower Experience: How to Avoid Falling Short
By Steven Martin