Fewer non-employer firms—those without full-time or part-time employees on payroll, which account for 81% of U.S. small businesses—reported profitability in 2018 than employer firms did, according to Small Business Credit Survey figures released today by the Federal Reserve Bank of New York.
The second quarter saw substantially stronger demand for residential mortgage loans, according to the Federal Reserve’s latest senior loan officer opinion survey released today.
The Small Business Administration today issued a proposed rule to implement recent ABA-supported legislation to strengthen the agency’s oversight of its loan programs and increase maximum lending authority.
The Basel, Switzerland-based Financial Stability Board today released for consultation an analysis of the effects of post-crisis regulation—specifically the Basel III capital and liquidity requirements—on lending to small and medium-sized enterprises.
A small net percentage of banks reported easing standards and terms for loans to large and midsize firms in the previous quarter, while on net no banks eased standards for small businesses, according to the Federal Reserve’s latest senior loan officer opinion survey released today.
Seven in 10 small business owners are more optimistic than pessimistic, according to the latest Wells Fargo/Gallup survey of small business owners.
A look under the hood at Eastern Bank’s Express Business Loan.
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Read more about the 2018 Small Business Credit Survey.
Small businesses’ profitability and their success applying for financing held steady from 2017 to 2018, according to the latest Small Business Credit Survey—a joint effort by the 12 regional Federal Reserve Banks—released today.