Small-Business Lending Is About to Change, With Simpler Requirements
SBA overhaul will make it easier for fintechs and other nonbank lenders to issue loans, prompting worries about defaults
Source: wsj.com
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New Borrowing Hurdles Leave Small Businesses in Limbo
Banks are raising lending standards amid economic fears, leading some entrepreneurs to put plans on hold; ‘I’m devastated’
Source: wsj.com
In Client Call, SVB's New CEO Focuses on Keeping the Firm's Venture and Startup Relationships Alive
Silicon Valley Bank’s new CEO Tim Mayopoulos pitched venture and startup clients hard to help keep the bank alive in a 30-minute call.
Source: nbcconnecticut.com
In Client Call, SVB's New CEO Urges Clients to Bring Funds Back to the Bank
Silicon Valley Bank’s new CEO Tim Mayopoulos pitched venture and startup clients hard to help keep the bank alive in a 30-minute call.
Source: nbcdfw.com
Rising Interest Rates One of Many Challenges for Small Businesses in 2023 | NewsRadio 740 KTRH
2023 is likely going to be a difficult year for small businesses. The Fed says they'll continue to raise interest rates which will make it harder for owners to get loans they would like to expand or build a business.
Source: iheart.com