Small Business Administration

Small Business Rescue Program Encounters Technical Challenges

Small Business Rescue Program Encounters Technical Challenges
Small Business Rescue Program Encounters Technical Challenges
April 06, 2020  |  Loans

Amid processing and technology challenges that are holding back payments, the U.S. government’s $350 billion small business rescue program began its fourth day on Monday...

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Bumpy First Days As Banks Grapple With SMB PPP Demand
Bumpy First Days As Banks Grapple With SMB PPP Demand
April 05, 2020  |  Loans

Call it a bumpy beginning — and that’s a charitable statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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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. Get the Full Story...

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Bottomline Helps Small Businesses Apply For COVID-19 Relief Funding
Bottomline Helps Small Businesses Apply For COVID-19 Relief Funding
April 02, 2020  |  Coronavirus

New Hampshire FinTech Bottomline Technologies has launched a free initiative to help the nation’s banks provide relief to small businesses hurt by the COVID-19 pandemic....

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SMBs Accuse Kabbage Of Abruptly Canceling Credit
SMBs Accuse Kabbage Of Abruptly Canceling Credit
April 02, 2020  |  B2B Payments

Amid a climate in which cash needs are on the rise, it’s been reported that Kabbage Inc. has abruptly cut off credit to small business...

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Can Stimulus Funds Battle Back The Main Street Cash Crunch?
Can Stimulus Funds Battle Back The Main Street Cash Crunch?
April 02, 2020  |  Economy

By the numbers the news is not bright this week — pretty much no matter where one looks as the coronavirus pandemic continues. Unemployment filings have...

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SBA Automatically Defers Existing Disaster Loans To Help Borrowers
SBA Automatically Defers Existing Disaster Loans To Help Borrowers
March 23, 2020  |  Coronavirus

To assist borrowers who are paying back U.S. Small Business Administration loans from past disasters, SBA Administrator Jovita Carranza has put into place automatic deferment...

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Widening Borrower Protection’s Scope To SMBs
Widening Borrower Protection’s Scope To SMBs
January 29, 2020  |  B2B Payments

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include...

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SBA Loans To Failing Subway Franchisees Under Scrutiny
SBA Loans To Failing Subway Franchisees Under Scrutiny
May 28, 2019  |  B2B Payments

A U.S. senator has sent a letter to the Small Business Administration (SBA) questioning the agency’s backing of loans to struggling franchisees of Subway and...

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