
Editor
Square Wants to Increase Small Business Lending
- Wednesday, 13 May 2015
Square, a payment processing service, wants to expand its small business lending, reports Fortune. The company has raised additional investments. Currently, Square has loaned 20,000 businesses a total of $100,000.
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Small Business Confidence Down
- Wednesday, 13 May 2015
According to CNBC, a new Wells Fargo/Gallup poll shows that small business confidence has dropped significantly since January. This is the first large decrease since 2012.
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Comparing Small Business Friendly Banks
- Wednesday, 13 May 2015
Analysts from Sageworks have ranked the most small business friendly banks, reports Forbes. The ranking compared first quarter loan amounts for both small and large banks. There are 15 large banks that collectively hold over $172.5 billion dollars in small business loans. The smaller banks had 10 of the top 15 banks holding over one third of their loan portfolios in small business loans.
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