Paycheck Protection Program

Banks Brace For New Competitive Forces In Commercial Lending
Banks Brace For New Competitive Forces In Commercial Lending
January 28, 2021  |  B2B Payments

Though traditional financial institutions have faced a surge in market pressure to digitize as new FinTech competitors emerge, there are still plenty of areas in...

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PPP Round Two: SBA Approves $35 Billion In New Loans
PPP Round Two: SBA Approves $35 Billion In New Loans
January 26, 2021  |  Loans

The U.S. Small Business Administration (SBA) has approved 400,000 more pandemic relief loans worth $35 billion, saying it is trying to repair operational problems in...

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Today In Payments: Mastercard To Hike Fees For UK EU Transactions; NCR Closes $2.5 Billion Acquisition Deal For Cardtronics
Today In Payments: Mastercard To Hike Fees For UK EU Transactions; NCR Closes $2.5 Billion...
January 25, 2021  |  News

In today’s top news, Mastercard will up its interchange fees for U.K. shoppers, and NCR closed its acquisition deal of Cardtronics. Plus, Payoneer is in...

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PPP Round Two: Familiarity Breeds Success For Banks And SMBs
PPP Round Two: Familiarity Breeds Success For Banks And SMBs
January 25, 2021  |  SMBs

After a long wait and months of debate, the Paycheck Protection Program (PPP) is setting forth on its second round. Congress has allotted $284.5 billion...

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Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink
Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink
January 12, 2021  |  B2B Payments

Today in B2B payments, some small businesses received less than $99 in Paycheck Protection Program (PPP) loans, and U.S. bank profits are expected to sink....

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About 300 SMBs Received Less Than $99 In PPP
About 300 SMBs Received Less Than $99 In PPP
January 11, 2021  |  B2B Payments

While the Paycheck Protection Program (PPP) was supposed to be a lifeline for struggling small- to medium-sized businesses (SMBs) during the pandemic, some SMBs that...

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Porter Capital Offers New Funding Tools To PPP Recipients
Porter Capital Offers New Funding Tools To PPP Recipients
January 11, 2021  |  B2B Payments

Porter Capital, which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from...

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Day 1 Dawns For SMBs With PPP2
Day 1 Dawns For SMBs With PPP2
January 11, 2021  |  Loans

Two weeks after its 11th-hour passage by Congress, the second round of the Paycheck Protection Program (PPP) administered by the Small Business Administration has begun...

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SBA Unveils Guidance For Second Round Of PPP Loans
SBA Unveils Guidance For Second Round Of PPP Loans
January 08, 2021  |  Loans

The Small Business Administration (SBA) has released guidance on applying for the second round of loans being offered under the Paycheck Protection Program (PPP), which...

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