funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

JPMorgan: $26B Worth Of SMB Relief Loans In The Pipeline

JPMorgan: $26B Worth Of SMB Relief Loans In The Pipeline
JPMorgan: $26B Worth Of SMB Relief Loans In The Pipeline
April 17, 2020  |  Loans

JPMorgan Chase & Co. says it has $26 billion in small business relief applications lined up for when Congress approves more funding for the Small Business Association...

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SBA Says It Has Approved 1.6M PPP Loans
SBA Says It Has Approved 1.6M PPP Loans
April 17, 2020  |  Loans

The U.S. Small Business Administration (SBA) says that nearly 5,000 lenders have approved 1.6 million loans totaling $342.2 billion under the agency’s Paycheck Protection Program. Get...

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Schumer: New COVID-19 Stimulus Could Come ‘Soon’
Schumer: New COVID-19 Stimulus Could Come ‘Soon’
April 17, 2020  |  Economy

Sen. Charles Schumer (D-New York) says Democrats and the White House could “soon” agree on a new COVID-19 stimulus package, presumably including more loans for small...

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Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
April 17, 2020  |  News

In today’s top news, Uber withdrew 2020 guidance as it anticipate revenue decline, and China’s economy will record its first-ever GDP loss. Plus, banks can...

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FinTech Faces Hurdles Making SBA Loans
FinTech Faces Hurdles Making SBA Loans
April 16, 2020  |  Banking

PayPal Holdings Inc., Square Inc. and Intuit Inc., three California technology companies, all wanted a piece of the federal government’s $350 billion loan program, which was...

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Stripe Notches $600M In Extended Series G Funding Round
Stripe Notches $600M In Extended Series G Funding Round
April 16, 2020  |  Investments

As COVID-19 moves the economy online, Stripe unveiled an extension of its Series G funding round. The company brought in $600 million in additional funding from investors...

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SBA Small Business Loan Program Is Out Of Cash
SBA Small Business Loan Program Is Out Of Cash
April 16, 2020  |  Loans

There’s no more money in the Small Business Administration’s (SBA) bailout initiative. CNBC has reported that the $349 billion intended to keep small businesses afloat...

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Data Sharing, XaaS Target SMB Financing Efficiencies
Data Sharing, XaaS Target SMB Financing Efficiencies
April 16, 2020  |  B2B Payments

Accelerated data sharing has become a focal point for small business lenders and FinTechs looking to speed up the time it takes for SMBs to...

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