relief

Hong Kong Approves $17.7B Coronavirus Relief Package 
Hong Kong Approves $17.7B Coronavirus Relief Package 
April 08, 2020  |  Coronavirus

Hong Kong has approved a $17.7 billion relief package to help households and businesses financially crippled by the coronavirus pandemic. Carrie Lam, Hong Kong’s chief...

READ MORE >
64 Pct Of Consumers Want Government To Save SMBs
64 Pct Of Consumers Want Government To Save SMBs
April 08, 2020  |  Coronavirus

Hundreds of billions of dollars, earmarked to save small to mid-sized businesses. And according to more than 2,000 consumers queried by PYMNTS as part of...

READ MORE >
Trump Wants Additional $250 Billion For SMB Loans
Trump Wants Additional $250 Billion For SMB Loans
April 07, 2020  |  Loans

President Donald Trump said he is working with congressional leaders to come up with another $250 billion in loan guarantees to help small- and medium-sized...

READ MORE >
Senate Majority Leader Calls For More SMB Relief Funds
Senate Majority Leader Calls For More SMB Relief Funds
April 07, 2020  |  Loans

Amid high demand for federal help, Senate Majority Leader Mitch McConnell (R-KY) announced he would try to approve additional funding for a small business loan...

READ MORE >
Fed Plans New Facility For SMB PPP Loans
Fed Plans New Facility For SMB PPP Loans
April 07, 2020  |  Loans

The Federal Reserve is collaborating with the Treasury Department to develop a new facility to help small and medium-sized businesses (SMBs) stay afloat as the...

READ MORE >
JPMorgan Now Taking Applications For Paycheck Protection Program
JPMorgan Now Taking Applications For Paycheck Protection Program
April 03, 2020  |  Loans

JPMorgan, one of the nation’s largest lenders, started accepting applications for loans from the federal government’s Paycheck Protection Program (PPP) on Friday (April 3), according...

READ MORE >
Why Main Street’s SMBs Can’t Wait (Much Longer) For The SBA’s PPP Cavalry
Why Main Street’s SMBs Can’t Wait (Much Longer) For The SBA’s PPP Cavalry
April 03, 2020  |  Loans

The lifeline for the small businesses that make up the backbone of the U.S. economy is now there for the taking. But is the $350...

READ MORE >
Minneapolis Fed Chief Calls For ‘Generous’ SMB Funding
Minneapolis Fed Chief Calls For ‘Generous’ SMB Funding
April 02, 2020  |  Coronavirus

The Federal Reserve Bank of Minneapolis President Neel Kashkari said on Thursday (April 2) that policymakers should be generous with the help that is extended...

READ MORE >
Federal Retail Funding Options Remain Cloudy
Federal Retail Funding Options Remain Cloudy
April 02, 2020  |  Retail

As nonessential retail continues to struggle, the federal funding picture remains cloudy. Companies that could apply for loans or relief from the series of provisions...

READ MORE >