loans

BoA Goes Micro With Consumer Loan Up To $500
BoA Goes Micro With Consumer Loan Up To $500
October 08, 2020  |  Loans

Bank of America (BoA) is muscling into the payday loan business, minus the sky-high fees, as the pandemic continues to upend the financial landscape, according...

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Stimulus May Be In The Offing, But Will SMBs Line Up?
Stimulus May Be In The Offing, But Will SMBs Line Up?
October 06, 2020  |  SMBs

Stimulus payments are on the way – maybe. But for the Main Street SMBs that are navigating the pandemic with a mindset more sanguine than had...

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UK SMBs Say Lenders Refuse To Provide Relief Loans
UK SMBs Say Lenders Refuse To Provide Relief Loans
October 05, 2020  |  Loans

Small and medium-sized businesses (SMBs) in the U.K. say their very survival is at stake because lenders have refused to provide inexpensive, state-backed loans amid...

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Subscriptions, AR Automation, PPP Loan Forgiveness Top This Week’s News
Subscriptions, AR Automation, PPP Loan Forgiveness Top This Week’s News
October 02, 2020  |  The Weekender

It’s the end of another work week, and the PYMNTS Weekender is here to catch you up on the latest news. We have deep dives...

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Lending Platform October Raises Funding For SMB Loans
Lending Platform October Raises Funding For SMB Loans
September 30, 2020  |  B2B Payments

Lending marketplace October worked with major investors and raised €258 million (close to $303 million) over the summer to fund loans to small and medium-sized businesses (SMBs),...

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Treasury Says PPP Loan Forgiveness Coming Soon
Treasury Says PPP Loan Forgiveness Coming Soon
September 30, 2020  |  Loans

Small business owners who have been waiting to have their Paycheck Protection Program (PPP) loan forgiven can breathe a sigh of relief. Get the Full Story...

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German Bank Raided Over $117M Wirecard Loan
German Bank Raided Over $117M Wirecard Loan
September 29, 2020  |  Loans

A team of police and investigators raided the headquarters of KfW, a German state-owned development bank, over a 100 million euro ($117 million) loan it...

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Finicity Unveils Loan Product To Streamline FI Credit Decisions
Finicity Unveils Loan Product To Streamline FI Credit Decisions
September 28, 2020  |  Loans

Finicity, a financial data provider, is rolling out a new program that will aid financial institutions (FIs) in their decision-making on credit issues. The “open...

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Report: Not One PPP Loan Has Been Forgiven
Report: Not One PPP Loan Has Been Forgiven
September 27, 2020  |  Loans

More than 5 million small- to medium-sized businesses (SMBs) received $525 billion from the Paycheck Protection Program (PPP), the popular federal rescue initiative passed by...

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