loans

UK Banks Hold Internal Investigations Into Business Loan Practices
UK Banks Hold Internal Investigations Into Business Loan Practices
May 18, 2020  |  B2B Payments

After a financial watchdog raised the issue, banks in Britain are looking into whether they pressed businesses into giving them more work in exchange for...

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Fed: US Banks Vulnerable To Loss From Pandemic
Fed: US Banks Vulnerable To Loss From Pandemic
May 17, 2020  |  Banking

U.S. banks could be at risk for massive losses as the pandemic strains their resources, the Federal Reserve warned in its semi-annual report on financial...

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Public Companies Have Returned Nearly A Third of PPP Loan Money
Public Companies Have Returned Nearly A Third of PPP Loan Money
May 15, 2020  |  Loans

Thanks…but, on second thought, no thanks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Saving Main Street: Alliance Stands Up For SMB Policies
Saving Main Street: Alliance Stands Up For SMB Policies
May 15, 2020  |  Retail

If anyone is on the front lines of Main Street’s struggle to survive, it’s Amanda Ballantyne. As the executive director of the Main Street Alliance,...

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Almost 350 Public Firms Keep PPP Loan As Giveback Deadline Hits
Almost 350 Public Firms Keep PPP Loan As Giveback Deadline Hits
May 14, 2020  |  Loans

Cutera, a California-based beauty device maker, was among the recipients of the Paycheck Protection Program (PPP) despite being worth $26.7 million in stock sales just...

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Looking Beyond The Biggest Banks For SMB Relief
Looking Beyond The Biggest Banks For SMB Relief
May 14, 2020  |  B2B Payments

The Paycheck Protection Program (PPP) has dealt some difficult lessons, even to the largest Main Street lenders, as financiers struggle to meet demand, seamlessly process...

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SBA Revises Guidance On PPP Loan Forgiveness
SBA Revises Guidance On PPP Loan Forgiveness
May 13, 2020  |  Loans

The Paycheck Protection Program (PPP) has been nothing if not fluid. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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$120B Still Available As Appetite For PPP Loans Slows
$120B Still Available As Appetite For PPP Loans Slows
May 12, 2020  |  Loans

The small business Paycheck Protection Program (PPP) still has $120 billion available as the appetite for the forgivable loans slows down, according to recent Small...

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What Lenders Are Learning About Emerging PPP Loan Fraud
What Lenders Are Learning About Emerging PPP Loan Fraud
May 12, 2020  |  Security & Fraud

In the mad dash to secure Paycheck Protection Program (PPP) funds, small businesses have faced confusion, anxiety and often a lack of clarity as to...

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