loans

US Lenders Cautious About Making European Loans Amid Pandemic
US Lenders Cautious About Making European Loans Amid Pandemic
April 26, 2020  |  Loans

Banks in the U.S. are taking a cautious approach when it comes to extending loans to businesses in Europe, according to the Financial Times. The...

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PPP Loan Program To Reopen Monday
PPP Loan Program To Reopen Monday
April 24, 2020  |  Coronavirus

The Small Business Administration (SBA) expects to start taking applications on Monday (April 27) for the second round of the $310 billion Paycheck Protection Program...

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SBA To Roll Out More COVID-19 SMB Aid Early Next Week
SBA To Roll Out More COVID-19 SMB Aid Early Next Week
April 24, 2020  |  Coronavirus

U.S. Senator Marco Rubio said the Small Business Administration (SBA) will make more financial assistance available early next week for small businesses impacted by COVID-19,...

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Trump Signs $484B Bill For More PPP Loans And Other COVID-19 Relief
Trump Signs $484B Bill For More PPP Loans And Other COVID-19 Relief
April 24, 2020  |  Coronavirus

President Donald Trump signed into law a $484 billion COVID-19 rescue bill Friday (April 24) that includes $310 billion in new money for the popular Small...

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The Week In Payments: Facebook Expands, Travel Rebounds And The Workplace Resets
The Week In Payments: Facebook Expands, Travel Rebounds And The Workplace Resets
April 24, 2020  |  News

After what has felt like the second-longest month in history (with March 2020 being the first), this week marked something of a shift in the news cycle. For the...

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Restaurant Chain Pret A Manger Seeks €100m Loan
Restaurant Chain Pret A Manger Seeks €100m Loan
April 24, 2020  |  Retail

As it tries to restart and reshape its business following a lengthy closure, Pret A Manger is reportedly in discussions to bring in a €100m loan from...

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Cannabis Companies Would Be Eligible For COVID-19 Relief Under Bill
Cannabis Companies Would Be Eligible For COVID-19 Relief Under Bill
April 24, 2020  |  Loans

Representatives from Colorado and Oregon, states known for liberal cannabis laws, want the cannabis industry to be included in future Paycheck Protection Program (PPP) legislation....

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Treasury Directs Public Firms To Return Small Business PPP Money
Treasury Directs Public Firms To Return Small Business PPP Money
April 24, 2020  |  Loans

The Treasury Department issued new guidance on Thursday (April 23) directing publicly traded companies to return Paycheck Protection Program (PPP) loans by May 7 if...

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What’s Next For PPP: A Banker, An SMB And A FinTech CEO Weigh In
What’s Next For PPP: A Banker, An SMB And A FinTech CEO Weigh In
April 24, 2020  |  Loans

The rollout of the Paycheck Protection Program (PPP) aimed at small- to medium-sized businesses (SMBs) has, by any account, been a wild ride to date....

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