Experian said its Q4 Business Benchmark Report showed general improvement in business performance in most categories quarter over quarter, while metrics remained negative from a year-over-year perspective.
Huntington said the U.S. Small Business Administration recognized it as the No. 3 lender in the nation for number of SBA 7(a) loans and that it remains the No. 1 lender among Midwest states for the number and dollar amount of SBA 7(a) loans provided to small businesses.
The Bond Buyer reported that a recently released report based on an audit of bond deals responsible for driving Harrisburg into insolvency has prompted a request for a federal investigation into the transactions.
Hercules Technology Growth Capital has priced its public offering of five million shares of common stock. Hercules has granted the underwriter a 30-day option to purchase up to an additional 750,000 shares of common stock. Citigroup is the sole underwriter of this offering.