loans

Senators Look To Extend PPP Loans To Include More SMBs

Senators Look To Extend PPP Loans To Include More SMBs
Senators Look To Extend PPP Loans To Include More SMBs
June 10, 2020  |  Loans

A group of Democratic senators has introduced a new Paycheck Protection Program (PPP) for small businesses with 100 or fewer employees, including sole proprietorships and...

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Mnuchin: PPP Kept ‘Tens Of Millions’ Employed
Mnuchin: PPP Kept ‘Tens Of Millions’ Employed
June 10, 2020  |  Economy

The Paycheck Protection Program (PPP) has supported over three-quarters of the small- to medium-sized business (SMB) payroll in 50 states, Treasury Secretary Steven Mnuchin said...

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Amazon, Goldman Have Lots To Gain From Their New Partnership
Amazon, Goldman Have Lots To Gain From Their New Partnership
June 10, 2020  |  Partnerships / Acquisitions

Small businesses hit hard by COVID-19 shutdowns are facing thin cash reserves, and the extension of credit to those SMBs has become an increasingly crowded...

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Merkado, Kapital Connection Team To Offer SMB Finance Options
Merkado, Kapital Connection Team To Offer SMB Finance Options
June 09, 2020  |  B2B Payments

Merkado RHA, which offers digital transformation solutions, will work with Singapore-based Kapital Connection to offer inclusive investing and financing services to Indian startups and small-...

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Auto Debt Set Records Before Potential Coronavirus Impact Hits
Auto Debt Set Records Before Potential Coronavirus Impact Hits
June 09, 2020  |  Debt

Trouble may be brewing in the key auto finance sector in the months ahead amid the economic fallout from the coronavirus, despite a drop in...

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Bracing For Another Wave Of SMB Lending Disruption
Bracing For Another Wave Of SMB Lending Disruption
June 09, 2020  |  B2B Payments

The financial services community continues to rally around America’s small- to medium-sized businesses (SMBs) with the understanding that Main Street remains the backbone of economic...

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Today In Payments: EU Launches Pandemic Economy Financial Crime Team; US Lenders Expect Few Loan Defaults
Today In Payments: EU Launches Pandemic Economy Financial Crime Team; US Lenders Expect Few Loan...
June 08, 2020  |  News

In today’s top news, the EU has established a team to fight financial crime amid the economic downturn, and U.S. lenders expect most borrowers to...

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US Lenders Expect Few Loan Defaults
US Lenders Expect Few Loan Defaults
June 08, 2020  |  Loans

U.S. lenders say they expect most borrowers who were given a temporary reprieve on loans due to income loss from the impact of COVID-19 will...

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High Tech Microlending — And Why Chickens Hatch Great ROI
High Tech Microlending — And Why Chickens Hatch Great ROI
June 08, 2020  |  Loans

The World Bank distributes about $25 billion a year to countries through governments that identify areas where investment is needed and capital can be deployed...

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