September 29, 2026 · High impact · Updated Sep 29, 2026
Intuit (INTU) significantly increased its purchase of unsecured small-business and mid-market loans from its originating bank partner, growing from $3.5 billion to $6.2 billion in fiscal 2026. Despite this substantial increase in loan purchases, the value of business loans held for investment, after credit-loss allowances, remained stable at approximately $1.5 billion in both years.
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