Articles
Inefficiencies in Banking: The Invisible Threat to Small Business Productivity
Introduction In the rapidly evolving landscape of our global economy, productivity is the lifeblood of success. Businesses that can maximize productivity often reap the rewards in a competitive marketplace. However, an emerging trend seems to point towards a...
Small Banks’ Loss is FinTech’s Gain as New Small Businesses Pivot
In the traditional financial landscape, the fate of small businesses seeking loans has often been tied to the owners' credit scores. However, as Fintech lenders continue to disrupt the industry, business owners with less-than-perfect credit are finding new avenues to...
Rate Increases By Fed Hit Small Businesses With Rising Higher Funding Costs
The Federal Reserve's recent rate increases have caused funding costs to rise for small businesses, making it difficult for them to access financing. This is a huge blow to the small business community, as it can be difficult to acquire the money they need to run and...
Interest Rate Increases Hit Small Businesses The Hardest, Best Options For Businesses.
Small businesses are feeling the squeeze of rising interest rates. As the cost of borrowing money increases, small businesses are struggling to keep up with the financial demands. The impact of these rate hikes can be devastating, leaving business owners feeling...
Fintech Lending Says Bank Stress Could Influence Rate Path
The stress in traditional banking systems could indeed influence the interest rate path in the fintech lending sector. This is due to a variety of reasons: Supply and Demand Dynamics: When traditional banks are under stress, they typically tighten their lending...
Midsize Bank Panic, Test Regulators’ Skepticism of Mergers, pushing business owners to other types of financing
It appears there is a significant disruption happening in the financial sector. Midsize banks seem to be experiencing distress, perhaps due to a financial crisis, economic downturn, or regulatory changes. Simultaneously, skepticism of mergers among regulators is...
Alternative Banks Increase Small Business Lending to Fuel Economic Recovery
Alternative banks, often referred to as challenger banks or neo banks, are playing an increasingly important role in small business lending to fuel economic recovery. These banks, typically digital-only financial institutions, are offering new and innovative financial...
PNC bank financial troubles, how will business lending change?
PNC faces financial troubles, which may lead to changes in its business lending practices. Here are some possible ways that business lending could change in such a scenario: Tighter lending criteria: A bank facing financial difficulties may become more cautious when...
What is The Impact of Business Cash Advances on Traditional Financing
The emergence of business cash advance (BCA) has significantly impacted traditional financing options, such as bank loans and lines of credit, for small and medium-sized businesses. BCAs provide an alternative financing solution that can be more accessible and...
Auditors Didn’t Flag Risks Building Up to SVB Bank Collapse, whose helping business owners?
In March 2023, Silicon Valley Bank (SVB) collapsed after it was revealed that the bank had been overexposed to risky investments. The bank's auditors, KPMG, had failed to flag the risks that were building up at SVB, and the bank's collapse left many business owners in...