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PPP data from the Treasury Department indicates credit unions played a larger role in lending to smaller companies, underscoring the movement’s commitment to Main Street business borrowers.
Portal crashes. Controversies. Confusion. Despite a shaky start, the Paycheck Protection Program is providing badly needed capital to more than 4.3 million small businesses nationwide.
Sixty-hour work weeks, constant virtual meetings, and imminent deadlines. The world of business lending is busier than ever before, but in many ways the work also is more rewarding.
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Carolina Foothills FCU is working with the City of Spartanburg to coach startups and fill a critical funding gap. That’s important because small-business support is now more important than ever.
A meeting between a socially minded lender in Texas and a credit union in Florida leads to an innovative microlending program with nationwide applicability.
Five ways to serve members by providing the credit they need, when they need it.
These credit unions rallied around the needs of members to uncover hidden potential in the loan portfolio.
Five can't-miss data points this week on CreditUnions.com.
Four credit unions with deep experience in SBA lending weigh in on building an effective program that frees up capital and minimizes risk.
At year-end 2016, see which credit unions lead the way in six key cooperative metrics.