loans

AICPA Calls On Fed For AR Financing Program

AICPA Calls On Fed For AR Financing Program
AICPA Calls On Fed For AR Financing Program
April 29, 2020  |  B2B Payments

To provide immediate cash flow for small- to medium-sized businesses (SMBs), the American Institute of CPAs (AICPA) is asking for the Federal Reserve to make...

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Pollo Tropical, Taco Cabana Parent Gives Back Small Business Aid; Treasury Aims To Have PPP Funds Given To Larger Firms Returned
Pollo Tropical, Taco Cabana Parent Gives Back Small Business Aid; Treasury Aims To Have PPP...
April 29, 2020  |  Loans

The coronavirus pandemic is disrupting businesses large and small. While the Paycheck Protection Program (PPP) was intended to help small- to medium-sized businesses (SMBs) weather...

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Many US Restaurants Say PPP Loans Don’t Meet Their Needs
Many US Restaurants Say PPP Loans Don’t Meet Their Needs
April 29, 2020  |  Loans

An industry trade group said it’s highly likely that many restaurants will return loans from the U.S. Small Business Association’s (SBA) bailout program, the Financial...

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WhatsApp Considers Extending Loans To Indian Users
WhatsApp Considers Extending Loans To Indian Users
April 29, 2020  |  International

WhatsApp in India is considering a move into credit and lending so it can extend loans to users in the country, according to a report...

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Mnuchin: SBA PPP Loans Over $2M Face Audits Before Forgiveness
Mnuchin: SBA PPP Loans Over $2M Face Audits Before Forgiveness
April 29, 2020  |  Loans

Any small business getting an emergency coronavirus loan from the Small Business Administration (SBA) greater than $2 million will be subject to an audit, Treasury...

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Hong Kong Alt-Lender Oriente Raises $50M
Hong Kong Alt-Lender Oriente Raises $50M
April 28, 2020  |  B2B Payments

Hong Kong-based FinTech Oriente has raised $50 million in its ongoing Series B round, according to finews.asia. Get the Full Story Complete the form to...

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Fed Turns To Banks For Feedback On Main Street Lending Program
Fed Turns To Banks For Feedback On Main Street Lending Program
April 28, 2020  |  Loans

The Federal Reserve is nearly ready to debut its new Main Street lending program, and it is reaching out to banks for advice, according to...

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Today In Payments: PPP Loan Site Flatlines On Second Opening Day; Apple Cuts Back Production For New iPhones
Today In Payments: PPP Loan Site Flatlines On Second Opening Day; Apple Cuts Back Production...
April 28, 2020  |  News

In today’s top news, the PPP loan website collapsed after launching its second round of funding on Monday (April 27), and Apple is cutting back...

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Adjusting To The Pandemic With Loans, Apps And Biometrics
Adjusting To The Pandemic With Loans, Apps And Biometrics
April 28, 2020  |  Today In Data

The Paycheck Protection Program (PPP) loans are viewed not only as a “must-have” to navigate the current challenges – they are also seen as tools that can...

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