Small Business Lending
Small business lending is a top priority for CBA’s member banks. CBA strongly believes small businesses are the lifeblood of the U.S. economy and we remain committed to improving the small business lending environment and process through pro-business legislation and regulation. Collectively, CBA’s member banks have over $200 billion in small business loans on their books, and remain committed to exploring innovative ways to address the needs of lenders and borrowers alike.
- October 16, 2023 - 12:00PMPastSeptember 14, 2023 - 2:00PMPastSeptember 13, 2023In a new letter sent to the U.S. House Committee on Small Business (Committee), the Consumer Bankers Association (CBA) and other leading financial groups encouraged lawmakers to work towards a bipartisan solution in response to issues arising from recent policy changes made to the 7(a) program by the Small Business Administration (SBA). Specifically, the letter identifies key industry priorities...September 6, 2023nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced enhancements to its Small Business Banking Solution. The updates allow for relevant data to be captured as a part of the loan origination workflow across a financial institution’s portfolio and subsequently exported for Dodd-Frank 1071 compliance. Read more here .August 16, 2023 - 11:00AMPastAugust 15, 2023 - 2:00PMPastJuly 14, 2023The Consumer Bankers Association (CBA) and Small Business Financial Exchange (SBFE) today released the Q1 2023 Small Business Lending Trends analysis, examining key credit information for America’s small businesses. The report reflects the impact of a volatile interest rate environment and higher costs of goods and services on small businesses. Key Findings Delinquency continued to increase...
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