loans

UK SMBs Say Lenders Refuse To Provide Relief Loans

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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FinTechs See SMB Factoring As Ripe For Disruption
FinTechs See SMB Factoring As Ripe For Disruption
September 25, 2020  |  Alternative Finances

The pandemic has shone a spotlight on the urgent capital needs of small- to medium-sized businesses (SMBs) as they struggle with cash flow. Get the...

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Banks, SMBs Push For Simplified PPP Loan Forgiveness
Banks, SMBs Push For Simplified PPP Loan Forgiveness
September 24, 2020  |  Loans

Small- to medium-sized businesses (SMBs) are reporting difficulty with the forgiveness aspect of the Paycheck Protection Program (PPP) as that feature opens up, according to...

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