PYMNTS

MARCH 5, 2016

The Federal Reserve published the findings of its research on small business lending habits in the U.S. But Federal Reserve Bank of Cleveland senior policy analyst Ann Marie Wiersch told Forbes in an interview that bank lending to small businesses is still struggling.

Cleveland 100

Cleveland Lending Survey Online 100

Abrigo

JANUARY 22, 2015

Over the first half of 2014, these banks, with an approval rate of just under 60 percent, beat out large national banks (31 percent), large regional banks (45 percent) and online lenders (38 percent). While the approval rates are high and portfolios are expanding, the OCC did point out that lending standards continued to soften.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

JANUARY 14, 2020

As diverse as they may be, they share a few common characteristics: an automated online application process, the use of proprietary algorithms to determine creditworthiness and a focus on speed and inclusivity. On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve.

Online 131

Online Cleveland Lending Study 131

PYMNTS

JANUARY 14, 2020

As diverse as they may be, they share a few common characteristics: an automated online application process, the use of proprietary algorithms to determine creditworthiness and a focus on speed and inclusivity. On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve.

Online 132

Online Cleveland Lending Study 132