small business

October 1, 2020

Small Business Activity Stagnant in August

In August, there were 23.7% fewer businesses open relative to January. This represents an increase in small business closures of 1.2%age points since July. A spike […]
September 10, 2020

The Scramble to Stop Pandemic Loan Fraud

Banks filed an abnormally high number of reports of suspected business loan fraud in July, according to government data analyzed by the Project On Government Oversight […]
March 23, 2020

A Message to Our Clients

We hope this note finds you and your families safe and healthy during this time of turmoil and uncertainty.  Throughout the world, society is taking unprecedented measures […]
October 30, 2019

Small Business Lending Strong but Slowing

Volume in the Small Business Administration’s flagship lending program fell for the second straight year as more borrowers qualified for conventional loans. Lenders made $23.2 billion […]
October 22, 2019

Businesses Struggle to Secure Credit

Small and mid-sized businesses are having a harder time getting credit and that’s having an impact on their plans to hire.  Those are findings of a […]
November 9, 2018

Credit Card Chips Fail to Halt Fraud

New chip-enabled credit cards, which were rolled out to U.S. consumers starting in 2015, were supposed to put an end to rampant credit card fraud.  So […]
July 11, 2018

Small Business Loan Approvals Continue to Rise

Small business loan approval rates for big banks (25.9%) continued the upswing with yet another new high in May 2018, according to the Biz2Credit Small Business […]
May 16, 2018

Credit Card Usage Hits All-Time High

Credit card use is higher than ever, debt levels are their highest in years, and delinquencies have ticked up, according to recently released TransUnion data.  “With […]
May 4, 2018

11% of Credit Scores Just Increased

Starting last month, some consumers may have noticed a higher credit score.  Because of improved standards for utilizing new and existing public records, the three major […]