‘Shadow Banking’ Saddled With Undeserved Poor Image
Alternative lenders are an increasingly important source of capital and could be a vital lifeline during a recession, Paul Hastings attorney says.
Big Bank Loan Approvals for Small Firms Hit High
A monthly survey of approval rates finds large banks granted almost one in four small business loan applications in May.
California Leads the Way in Alternative Lending
Alternative lenders made $15.9 billion in U.S. loans in 2014, with California transactions increasing by 936% since 2010.
JPMorgan Chase Partners With Online Lender
The banking giant gets access to On Deck's technology platform for making small-dollar loans to small businesses.