Small Business Loan Approval Rates at Big Banks Decline, Biz2Credit Index Finds

Turbulence in global markets has made big banks wary of approving small business loans. That’s what the latest Biz2Credit Small Business Lending Index (PDF), the monthly analysis of more than 1,000 small business loan applications on Biz2Credit.com has revealed. Details from the July 2016 Biz2Credit Small Business Lending Index According […]

Small Business Lending from Big Banks and Institutional Lenders Surges, Biz2Credit Reports

Big banks and institutional lenders continue giving small businesses a reason to smile. According to the newly released Biz2Credit Small Business Lending Index report for November 2016, loan approval rates at both big banks and institutional lenders continued to rise, improving to new highs. What’s more, small banks also showed […]

Small Business Loan Approval Rates at Big Banks Decline, Biz2Credit Index Finds

Turbulence in global markets has made big banks wary of approving small business loans. That’s what the latest Biz2Credit Small Business Lending Index (PDF), the monthly analysis of more than 1,000 small business loan applications on Biz2Credit.com has revealed. Details from the July 2016 Biz2Credit Small Business Lending Index According […]

Small Business Lending at Big Banks Bounces Back, Says Biz2Credit

Things are beginning to look up for small businesses again. After seeing a sharp decline in loan approvals from big banks in July, approval rates have bounced back in August 2016. That’s according to the latest Biz2Credit Small Business Lending Index, the monthly analysis of more than 1,000 small business […]

IBM’s Watson won Jeopardy, but can it win business from banks?

IBM has offered presentations of its software to banks including Bank of America, Barclays and Morgan Stanley. Photo: Bloomberg New York: International Business Machines Corp. is in an unusual fix in telling big US banks they can use its Watson software of Jeopardy-winning fame as a cost-saving solution: bankers say […]