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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

With $580 billion in private-term loans and lines of credit and $62 billion in credit cards, they accounted for 56% of the small business financing market. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St. Louis Fed : [S]mall-business loans—i.e.,

Lending 243
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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

Louis Business Journal is reporting that Missouri-based hockey equipment supply chain Total Hockey has filed for bankruptcy as of Wednesday (July 6). However, some retailers prefer to play cards of the kind as close to the corporate chest as possible.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

Social media management & compliance for financial institutions . Louis, Missouri. Credit risk management. Tags: Enterprise, payments, mobile, security, Wocket Wallet (product name), hardware, credit/debit cards. Source: Crunchbase. Mobile wallet & biometric solutions. Latest round: $2.1 million debt).