Sections
Small Business Loans
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LoansFed Relaxes Requirements For Nonprofits To Borrow From Main Street...
It will now be a lot easier for schools, hospitals and social service organizations...
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LoansMnuchin: PPP 2.0 Should Target Businesses With Greatest Need
Another phase of the Paycheck Protection Program (PPP) should be more focused and should...
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LoansFed Releases Main Street Program Lender List
The Federal Reserve Bank of Boston issued a state-by-state listing of lenders accepting applications from...
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Loans$132B Still Available From PPP, Including $30B That Companies Returned
There’s still lots of federal cash available for small and medium-sized businesses (SMBs) in...
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LoansWill Congress Extend The PPP's June 30 Deadline?
The deadline for applying for Paycheck Protection Program loans is coming next Tuesday (June...
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LoansGoldman Pledges Another $250M For SMB Loans, Aims To Help...
Goldman Sachs has upped the ante by another $250 million in the amount of...
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LoansMore PPP Forgiveness Guidelines Unveiled, But Clarity Remains Elusive
It’s no secret that the federal Paycheck Protection Program (PPP) has had a rocky...
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EconomyADP’s Massive Job Loss Tally Underscores Main Street Lending Urgency
The pandemic has spared no one on Main Street – the fallout has touched...
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EconomyLooking Back — And Ahead At What’s Next — As...
And just like that: No more. Not now. For the time being, anyway. Small business...
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CoronavirusFed Renews Pledge To Back PPP Loans
The Federal Reserve Board reassured lenders on Thursday (April 16) that its loan guarantee...
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LoansSBA Small Business Loan Program Is Out Of Cash
There’s no more money in the Small Business Administration’s (SBA) bailout initiative. CNBC has...
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CoronavirusSBA Fund Coffers Said To Run Dry Unless Congress Adds...
For businesses that have not yet applied for a loan under the $350 billion...
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CoronavirusBrazil Plans Small Business Coronavirus Bailout
Help is on the way to small businesses in Brazil, as the country plans...
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CoronavirusUS Senate Fails To Pass Additional SMB Aid
A federal measure to provide additional relief for small and medium-sized businesses (SMBs) hurt...
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LoansTrump Wants Additional $250 Billion For SMB Loans
President Donald Trump said he is working with congressional leaders to come up with...
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LoansSenate Majority Leader Calls For More SMB Relief Funds
Amid high demand for federal help, Senate Majority Leader Mitch McConnell (R-KY) announced he...
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LoansSmall Business Rescue Program Encounters Technical Challenges
Amid processing and technology challenges that are holding back payments, the U.S. government’s $350...
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EconomySMBs Scramble As Bigger Firms Eye Piece Of The $349B...
In business, size matters. Larger firms, typically, have the capital cushion to weather economic shocks...
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CoronavirusBOA Says 10 Pct Of $350B Emergency Loans May Be Already...
Three days after lenders began accepting applications for business bailout loans, Bank of America...
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CoronavirusBank Of America Boasts $22B In Bailout Loans
It was a phenomenal Friday (April 3) for Bank of America. The Charlotte-based global...
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LoansJPMorgan Now Taking Applications For Paycheck Protection Program
JPMorgan, one of the nation’s largest lenders, started accepting applications for loans from the...
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CoronavirusFIS Connects With Lenders On COVID-19 Relief For Small Businesses
Florida-based FinTech FIS is helping lenders provide Small Business Administration (SBA) loans under the coronavirus...
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CoronavirusMnuchin: Community Banks Processed Almost $875M In Relief Loans
In a social media post, U.S. Treasury Secretary Steven Mnuchin said community banks have...
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CoronavirusPelosi Calls For More SMB Funding For COVID-19 Relief
Not content with the $2 trillion in coronavirus relief Congress passed last week, House...
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LoansWhy Main Street’s SMBs Can’t Wait (Much Longer) For The...
The lifeline for the small businesses that make up the backbone of the U.S....
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CoronavirusBank Of America Can Now Accept Small Business Relief Applications
Bank of America has reportedly become the first large bank to be able to...
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CoronavirusBottomline Helps Small Businesses Apply For COVID-19 Relief Funding
New Hampshire FinTech Bottomline Technologies has launched a free initiative to help the nation’s...
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EconomyCan Stimulus Funds Battle Back The Main Street Cash Crunch?
By the numbers the news is not bright this week — pretty much no...
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CoronavirusDeluge Of SMB Applications Prompts Lenders To Drop Out Of...
Already buried in emergency loan applications from small and medium-sized businesses (SMBs), five U.K....
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CoronavirusMnuchin Will Lobby For More SMB Money When First $350B...
Treasury Secretary Steven Mnuchin said if the $350 billion in loan funds for small...
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B2B PaymentsOpen Banking Expands Into SMB Lending, Smaller Banks
Open banking and bank-FinTech collaboration can be an effective way for financial institutions (FIs)...
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LoansWhy The Goldman-Amazon Bet On SMB Loans Is No Sure...
In the platform economy, scale matters. And in leveraging Amazon’s scale as a platform...
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SMBsGoldman, Amazon Discuss SMB Lending Partnership
Goldman Sachs and Amazon are in discussions about the possibility of partnering for small...
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B2B PaymentsJudo Bank Adds InfraRisk Tech To Bolster SMB Lending
Australia challenger bank Judo Bank has announced a collaboration with credit management Software-as-a-Service (SaaS)...
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InternationalChina Ramps Up SMB Loans To Boost Economy
Chinese banks are easing loan requirements in an attempt to stimulate a stalled economy...
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B2B PaymentsGerman Digital Banking Firm Penta Clears Gateway For Iwoca loans
Germany’s Penta, the digital platform for small and medium-sized business (SMB) banking, is partnering...
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LoansGiving Truckers Better Loans Can Lower Carbon Footprints: Here’s Why
Of late, California’s emissions standards have become a source of some controversy as the...
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BitcoinBitcoin Daily: Bank of China Issues $2.8B Via Blockchain; Brazil...
Bank of China announced that it has issued 20 billion yuan ($2.8 billion) in...
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B2B PaymentsUK Finance Solution Provider 1pm Opens New Facilities
The U.K.-based independent finance provider 1pm is opening new facilities for the group’s loan...
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B2B PaymentsPayPal Expands SMB Loan Offering To Canada
PayPal is expanding its small business lending operations into Canada. In a press release...
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B2B PaymentsSmall Business Loan Fraud Puts FinServ On High Alert
Though fraud technology has evolved to combat the monster of payments fraud, there is...
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B2B PaymentsEurope Business Lender iwoca Awarded £10M Stipend
A £10m grant from Banking Competition Remedies (BCR) was awarded to iwoca, one of...
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BankingUK's B-North To Launch SMB-Only Banks Next Year
B-North has announced plans to open a network of small-business-only bank offices throughout the...
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B2B PaymentsMarketplace Lending At The Crux Of Changing SMB Finance Tides
The 2008 financial crisis gave rise to the alternative lending market as a result...
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LoansSquare Capital Expands SMB Loan Access To Third Parties
Invoice2go and Square Capital announced late last week they inked a partnership in which...
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B2B PaymentsOnDeck Launches Same Day ACH Service For SMB Borrowers
Small business lending platform OnDeck is accelerating access to capital for its users through...
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Alternative FinancesPayPal Hits £1B UK SMB Lending Milestone
PayPal said on Wednesday (March 6) that it has provided more than £1 billion...
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B2B PaymentsFunding Circle Hits $2B In SMB Loan Volume
Alternative lending firm Funding Circle announced it has reached $2 billion in small business...
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B2B PaymentsLendingClub Links Lenders To Loan Metrics Via Brismo
Lending performance data solutions provider Brismo is integrating its technology into the LendingClub platform,...
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B2B PaymentsAlt Lender Fountainhead Secures SBA Loan License
Small Business Administration (SBA) loans have found a new avenue through which they can...
