Category: Business Banking

Pennsylvania bank partnership may help small businesses get loans

A new peer review lending partnership between several local banks in the Lehigh Valley area in Pennsylvania may help give some small business owners the capital they need to start a corporation. The program allows banks who have narrowly rejected a small business owner’s loan application to forward the application to another of the financial […]

Silicon Valley Bank helps promote business incorporation

California-based Silicon Valley Bank says that its small business lending programs have helped fuel small business formation and promoted job growth. The company says that it added 1000 clients over the last year. A significant portion of those customers – roughly 40 percent – were borrowers. SVB says its “pipeline of new potential borrowers” has […]