Sentences with phrase «business lending standards»

Banks have strict small business lending standards, and what they offer is generally only available to established businesses.

Banks have strict small business lending standards, and what they offer is generally only available to established businesses.

Not exact matches

Such lenders, including Inc. 5000 companies OnDeck and Lending Club, spotted an opportunity following the great recession, when banks tightened their credit standards and essentially stopped lending to small business owners.

A tightening of bank lending standards and a drying up of the home - equity - loan market in the post-financial crisis era have made small business credit less available than it used to be.

In a statement, the lender said it has published its own set of core principles for lending, and said it was «continuing to review and consider the best way to advance comprehensive industry - standards that take into account the full range of responsible credit products that serve small businesses.»)

The U.S. Office of the Comptroller of the Currency said banks relaxed the criteria for businesses and consumers to obtain credit during the 18 months leading up to June 30, 2013, while the European Central Bank said fewer banks in the euro zone were reporting tightened lending standards to nonfinancial businesses in the fourth quarter of 2013.

It measures the tightening or loosening of loan standards to both consumers and businesses and is conducted among senior loan officers at lending institutions.

Tighter lending standards by banks have shrunk the traditional mortgage business.

Getting a business loan is a major hurdle facing small businesses, mainly due to tight lending standards by banks.

Standard online business loans are based on a typical lending system most people are familiar with.

Your bank may also make SBA loans, which are another excellent source of funding for small business owners, especially if you are unable to meet your bank's standard lending requirements.

The Business Banking Credit Center (BBCC) Triage Analyst provides a standard, consistent approach to the performance of various lending support functions...

Tighter lending standards and heightened concern about mortgage fraud also mean more time - consuming paperwork, says Tracey Rumsey, a mortgage loan broker with Southwest Business Corp. in Bountiful, Utah, and author of Saving the Deal (AMACOM, 2008).

For smaller commercial properties, which comprise the bulk of commercial REALTORS ®» business, lending standards are tightening as regulators talk about containing any froth in the market.

Although commercial real estate markets showed signs of recovery in 2011, commercial lending standards have tightened in the past year for small businesses and scuttled a major portion of contracted transactions for smaller properties, according to the National Association of Realtors ® annual Commercial Real Estate 2012 Lending Survey.

Most entered the business after the financial crisis, with distressed sales, low inventories, and tight lending standards as their reality.

McKenna was among several in the area real estate business seeing fewer first - timers and offering possible reasons: young people saddled with student debt, stricter lending standards, stagnant wages, poor job prospects and reluctance to buy after years of gloomy news about foreclosures and tumbling house values.

Results from the Federal Reserve Board's Senior Loan Officer Opinion Survey indicate that, on net, a small fraction of banks eased their lending standards for business and consumer loans over the previous three months.