When a Consumer Fintech Starts Making Business Loans, Banks Should Take Notice

Key Takeaway: SoFi Technologies opened a small business term loan product to its existing consumer member base on June 30, 2026, offering fixed loans of $2,500 to $250,000 with no application or origination fees and funding in as little as 24 hours after approval, according to PYMNTS and Banking Dive. The detail that should register […]