Business Loan

Small Business Loans Inching up

Capital Solutions Bancorp — Thu, 05 Jan 2012 11:17:23 -0500

With improving business conditions and borrowers able to take on debt, banks may be approving more loans to small businesses.

One indicator of the increase in small business loans is the data from Thomson Reuters/PayNet lending index, which shows that small firm lending reached a four-year high in November. The lending index also reports that small business loans went up by 18%, the highest in three years.

Small Business Bank Loans Reaches 12-Year Low

Capital Solutions Bancorp — Tue, 27 Dec 2011 10:37:28 -0500

New federal data show that the number of small bank loans to business has fallen to the lowest point in more than a decade, cutting the flow of money to a sector that's usually a job-creation powerhouse.

"It's usually the smaller business that is more able to bounce back and take advantage of different opportunities faster than a middle-market company," said Linda O'Connell, manager of small business research at Barlow Research Associates, a Minneapolis market research firm that focuses on the financial industries. "We haven't seen that."

Banks Use U.S. Funds for Small Business to Repay TARP

Capital Solutions Bancorp — Thu, 13 Oct 2011 17:36:45 -0400

A Wall Street Journal article (membership required) reported that banks used the Small Business Lending Fund disbursements to repay Troubled Asset Relief Program (TARP) loans instead of disbursing them to small businesses requesting loans.

Why Some Small Businesses Have Trouble Getting Credit

Capital Solutions Bancorp — Mon, 12 Sep 2011 10:29:40 -0400

Many news resources including the FDIC report bank lending to businesses climbs for the first time in three years while small business lending drops. However, this The New York Times article reports on a bank that loans to small and medium-sized businesses that claims its lending went up by 10 percent -- notably larger compared to the banking industry's less than 3 percent.

50 Banks Receiving Small Business Loan Funding

Capital Solutions Bancorp — Fri, 02 Sep 2011 11:01:16 -0400

Today, the U.S. Department of the Treasury announced that an additional 50 community banks across the country received a total of $767 million as part of the next wave of funding provided through the Small Business Lending Fund (SBLF). The SBLF, which was established as part of the Small Business Jobs Act that President Obama signed into law, encourages community banks to increase their lending to small businesses, helping those companies expand their operations and create new jobs.