loans

PPP Round Two: Main Street SMBs Get New Access To Funding

PPP Round Two: Main Street SMBs Get New Access To Funding
PPP Round Two: Main Street SMBs Get New Access To Funding
December 22, 2020  |  SMBs

When the $900 billion coronavirus relief bill is finally enacted, $325 billion in aid will be earmarked for small- to medium-sized businesses (SMBs). Get the...

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Pandemic Aid Package Provides Relief For Lenders To Help SMBs
Pandemic Aid Package Provides Relief For Lenders To Help SMBs
December 22, 2020  |  B2B Payments

The almost $900 billion U.S. pandemic aid package ratified by lawmakers Monday (Dec. 21) following months of debate will assist financial institutions by relaxing an...

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Report: An Estimated £26 Billion In UK COVID Loans Might Be Fraudulent
Report: An Estimated £26 Billion In UK COVID Loans Might Be Fraudulent
December 20, 2020  |  Security & Fraud

The Bounce Back loan program the British government launched in May to spur England’s economic recovery from COVID-19 has been beset with fraud and poor-quality...

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Shares Of Lender Upstart Gain 47 Pct After IPO
Shares Of Lender Upstart Gain 47 Pct After IPO
December 16, 2020  |  IPO

Upstart, which works to partner banks with customers looking for loans, saw its shares surge 30 percent upon its public debut Wednesday (Dec. 16), according...

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Goldman Sachs: Some 90 Pct Of Businesses Have Depleted PPP Monies
Goldman Sachs: Some 90 Pct Of Businesses Have Depleted PPP Monies
December 15, 2020  |  Loans

Small firms recently surveyed by Goldman Sachs indicated that small and mid-sized businesses (SMBs) are desperately in need of another round of emergency Paycheck Protection...

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UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
December 15, 2020  |  Bank Regulation

The U.K.’s Financial Conduct Authority (FCA) has fined Barclays £26 million ($31.6 million) for its treatment of consumer credit customers who fell into arrears on...

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Warren Buffett Calls On Congress To Provide More PPP For Small Businesses
Warren Buffett Calls On Congress To Provide More PPP For Small Businesses
December 15, 2020  |  Economy

Berkshire Hathaway Chairman Warren Buffett is calling on Congress to provide more Paycheck Protection Program (PPP) loans to small businesses to help them survive the...

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Reading The Tea Leaves Of Post-Pandemic SMB Lending
Reading The Tea Leaves Of Post-Pandemic SMB Lending
December 11, 2020  |  B2B Payments

During periods of volatility and uncertainty, it can be next to impossible to plan for the long-term future. That’s especially true for small and medium-sized...

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Personal Loan App Ranking Rocking With Action
Personal Loan App Ranking Rocking With Action
December 10, 2020  |  Mobile Applications

Credit’s tight this winter, helping to explain some of the movement seen in PYMNTS latest Provider Ranking of Personal Loan Apps. As small businesses and...

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