Loans

Loans
Goldman, JetBlue Team Up On Installment Loan Product
April 10, 2020

Two days after JetBlue said it would temporarily consolidate service in five U.S. cities, the New York airline has joined Goldman Sachs to offer an installment loan product. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Loans
Fed Bets Trillions In SMB Lending That Consumers Will Return
April 10, 2020

A quick recovery may be in the cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

Loans
Chime Gives $200 Advances On Stimulus Checks
April 09, 2020

Chime, America’s most valuable digital bank, has begun offering cash advances ahead of the $1,200 stimulus payments Americans will be receiving next week, according to a report by Forbes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Loans
Fed Eyes Opening SBA Loans To FinTechs
April 09, 2020

The demand for Small Business Administration (SBA) loans has led the Federal Reserve to consider allowing non-bank lenders to speed distribution of $350 billion in loans through the coronavirus crisis, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy...

Loans
Fed’s $2.3T Targets Governments, ‘Main Street’ SMBs
April 09, 2020

The Federal Reserve said it would offer as much as $2.3 trillion in loans aimed at shoring up small to mid-sized businesses, U.S. households and local governments through a series of new and expanded programs aimed at battling the continuing effects of the coronavirus. Get...

Loans
Federal Reserve Facilitates $2.3T In Loans To Boost Economy
April 09, 2020

In an effort to deliver more relief to the nation’s struggling small businesses and boost the economy amid the global coronavirus pandemic, the Federal Reserve announced it has taken actions to facilitate $2.3 trillion in loans. Get the Full Story Complete the form to unlock...

Loans
JPMC Halts Non-PPP SMB Loans
April 08, 2020

Those looking for a loan outside of the government’s Paycheck Protection Program (PPP) won’t find it from JPMorgan Chase, which has decided to focus solely on that program due to a huge amount of requests over the past few days, according to the Financial Times....

Loans
Mnuchin Assures SMBs That Gov’t Relief Funds Won’t Run Out
April 08, 2020

U.S. Treasury Secretary Steven Mnuchin reassured the nation’s small businesses that they shouldn’t worry about getting a government bailout as they struggle to stay afloat during the free fall due to COVID-19. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Loans
SBA Struggling To Meet Demand For Relief Loans
April 08, 2020

An old computer system and too few employees are making it hard for the Small Business Administration (SBA) to meet the high demand for coronavirus relief loans, according to a report in the New York Times on Tuesday (April 7). Get the Full Story Complete...