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Updated April 13, 2012
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Citi's small business lending rose 21 percent to $9.6 billion in 2012, surpassing the bank's $8 billion goal.
Citigroup Inc. has pledged to loan a total of $24 billion to small businesses over a three-year period. It promised the money in 2010, alongside the Small Business Administration, as part of a push to improve access to lending more...
The majority of new entrepreneurs are funding their ventures out of their own pockets, a new study finds.
Personal funds were by far the most common source of business financing for entrepreneurs, with only 20 percent receiving loansfrom family members, bank or home equity loans, or money from outside investors, the research found.
“With 80 percent of more...
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