More help for certain small business owners could be on the way if Congress approves another round of Paycheck Protection Program (PPP) loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
There are now more than 100 million skipped payments on student loans, auto loans and other kinds of debt, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
For many Americans, home equity lines of credit aren’t a sure thing right now, with a 19 percent drop nationwide, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A pair of former Federal Reserve economists said they think the government should ease the rules on who can participate in the U.S.’s Main Street Lending Program intended to aid small- to medium-sized businesses (SMBs), The Wall Street Journal (WSJ) reported. Get the Full Story...
Square Capital LLC processed more than $820 million in Small Business Administration (SBA) Paycheck Protection Program (PPP) forgivable loans in six weeks, the firm reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
U.S. Democratic lawmakers, in letters to the chief executives of several large banks, demanded the release of documents related to loans made under the government’s Paycheck Protection Program (PPP), CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Goldman Sachs has upped the ante by another $250 million in the amount of capital it is providing for a federal loan program aimed at small businesses, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
A group of Democratic senators has introduced a new Paycheck Protection Program (PPP) for small businesses with 100 or fewer employees, including sole proprietorships and the self-employed, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...
U.S. lenders say they expect most borrowers who were given a temporary reprieve on loans due to income loss from the impact of COVID-19 will resume payments soon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
