Lending

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

Can Main Street SMBs Cross The PPP Cash Chasm?

Can Main Street SMBs Cross The PPP Cash Chasm?
Can Main Street SMBs Cross The PPP Cash Chasm?
April 13, 2020  |  Coronavirus

Friday, April 3 was the day everyone expected would bring a sigh of relief — and offer much-needed hope — to the 30 million SMBs...

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China Regs To Assess Banks’ SMB Financing Efforts
China Regs To Assess Banks’ SMB Financing Efforts
April 10, 2020  |  B2B Payments

With the newest effort to direct more funding its most susceptible business vertical, China’s banking regulator said it would begin to watch the level of...

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Today In Payments: Fed Rolls Out SMB Lending Program; Mnuchin Says Country Could Re-Open In May
Today In Payments: Fed Rolls Out SMB Lending Program; Mnuchin Says Country Could Re-Open In...
April 10, 2020  |  News

In today’s top news, the Federal Reserve has launched a multi-trillion-dollar lending program that targets smaller companies and local governments, while the demand for Small...

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

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...

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Trump Wants New Business Relief Pushed Through As-Is
Trump Wants New Business Relief Pushed Through As-Is
April 10, 2020  |  Coronavirus

A partisan standoff on Capitol Hill over additional small business funding prompted President Trump on Friday (April 10) to urge Congress to pass the measure...

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Too Little, Too Late For COVID-19 Stimulus Efforts?
Too Little, Too Late For COVID-19 Stimulus Efforts?
April 10, 2020  |  Coronavirus

Trillions of dollars for governments, for businesses, and for individuals – and it may all be a case of too little, too late. Get the...

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

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...

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

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...

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

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...

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