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The initiative includes $2.1 billion in small business lending.
MasterCard Installments will be accessible for online purchases as well as in-store ones, by adding the feature to a digital wallet payment method.
"Credit is not getting looser, it's getting tighter," said Withers.
"We're not trying to sell you anything and everything," said Klein.
The bank is lending across all segments and tends to be very active in chemicals, food, health care and business service companies, Lewing said.
The Cos Cob-based firm, with nearly $30 million in assets, has been particularly successful at attracting Hispanic customers.
Farm Credit East, a financial cooperative within the Farm Credit System, provides loans to the agricultural business community in the Northeastern states.
The Darien-based Greenworks Lending focuses on providing capital to commercial property owners seeking to make their buildings more energy efficient.
"Most people start a business, unfortunately, on their own credit cards," said Andrea Sotgiu, CEO of Lavan Financial Group.
“There have been a lot of headlines that retail is in free fall and some call it the next Big Short — the 2017 variety of the subprime mortgage market,” said Manus Clancy, managing director at Trepp LLC, a New York City-based provider of commercial mortgage data and analytics.
Bankwell CEO Chris Gruseke told the Business Journal that Bankwell’s inclusion did not strike him as a surprise. “We have one of the cleanest balance sheets in the state, with virtually no losses.”
Will campaign pledges of financial services deregulation translate into more loans for smaller businesses?
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