Mortgage Blog

Astro Painting & Drywall Owner Luis Aragonez has had a thriving business for 18 years, but when he wanted a loan to start another venture, he found capital was hard to get.

“Most of the problem was with the down payment because most banks were asking for 25% to 30%,” said Aragonez, who eventually borrowed almost $2 million to buy an event center he now runs along with his painting business. He also didn’t know all the requirements of a loan to buy a building.

As a Latino business owner, Aragonez’s…

New SVP joins commercial team at Pittsburgh's ninth-largest bank from a bigger financial institution.

The business pitch competition had 10 finalists vying for $50,000 in prizes.

As we entered 2023, the consensus view of market participants and top of mind for many investors, was the widely anticipated U.S. recession. Given the unprecedented scale and pace of the Federal Reserve’s (the Fed) rate increases that began in March 2022 — from the near-zero levels that had persisted since COVID-19 — very few saw a runway for a “soft landing.”

It is worth noting that in any given year, the independent probability of the U.S. entering a recession is 15%, roughly 1 out…

PNC starts 2024 branch cuts in Q1 with 19 across 8 states: Western Pennsylvania isn't spared.

Inflation may be slowing, but it’s very much with us, and the 40th annual Christmas Price Index from PNC Bank is proof.

If your True Love springs for the gifts in the carol, “The 12 Days of Christmas,” the bill is at least 2.7% above what the same items would have cost a year ago.


True, that’s not as severe as 2022’s 10.5% hike over 2021, and it’s below the Consumer Price Index topline of 3.2%.

Still, it adds up to $46,729.86 for the 12 gifts, or $201,972.66 if you add in all the…

Fast-growing insurance brokerage Inszone Insurance Services completed a string of acquisitions in recent weeks that bring it to 42 deals completed this year.

Financial fraud continues to rock businesses despite prevention efforts.

“A business owner can’t be lax about continuing to review their internal fraud prevention efforts because things are always changing. Bad actors keep figuring out different ways to get access to information that you don’t want them to have,” said Mary Holm, Denver market president for CrossFirst Bank. “Small businesses should take precautions, and they should also look to their bankers or financial partners to keep…

Tristan Mace's experience receiving an emergency heart transplant altered his life permanently and put him on a path to founding a tech-driven nonprofit with his wife, Jordan.

A U.K. company has gained a presence in Research Triangle Park by naming a local executive to its C-suite.