Small Business Loans

Cloud Banking Firm nCino, Codat Team on SMB Loan Underwriting

Cloud Banking Firm nCino, Codat Team on SMB Loan Underwriting
Cloud Banking Firm nCino, Codat Team on SMB Loan Underwriting
September 14, 2022  |  Digital-First Banking

Codat, an API for small business data, will be partnering with cloud banking firm nCino to automate and accelerate the ways banks can underwrite small...

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Fed Relaxes Requirements For Nonprofits To Borrow From Main Street Lending Program
Fed Relaxes Requirements For Nonprofits To Borrow From Main Street Lending Program
July 17, 2020  |  Loans

It will now be a lot easier for schools, hospitals and social service organizations to access funds using the Main Street Lending Program. Get the...

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Mnuchin: PPP 2.0 Should Target Businesses With Greatest Need
Mnuchin: PPP 2.0 Should Target Businesses With Greatest Need
July 17, 2020  |  Loans

Another phase of the Paycheck Protection Program (PPP) should be more focused and should provide loans on a “more targeted” basis to help the companies...

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Fed Releases Main Street Program Lender List
Fed Releases Main Street Program Lender List
July 08, 2020  |  Loans

The Federal Reserve Bank of Boston issued a state-by-state listing of lenders accepting applications from new business customers for the Main Street Lending Program on Wednesday...

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$132B Still Available From PPP, Including $30B That Companies Returned
$132B Still Available From PPP, Including $30B That Companies Returned
July 06, 2020  |  Loans

There’s still lots of federal cash available for small and medium-sized businesses (SMBs) in need of a hand up through the COVID-19 crisis. Get the...

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Will Congress Extend The PPP’s June 30 Deadline?
Will Congress Extend The PPP’s June 30 Deadline?
June 26, 2020  |  Loans

The deadline for applying for Paycheck Protection Program loans is coming next Tuesday (June 30) after the PPP’s long and eventful run, which started in...

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Goldman Pledges Another $250M For SMB Loans, Aims To Help Minority-Owned Businesses
Goldman Pledges Another $250M For SMB Loans, Aims To Help Minority-Owned Businesses
June 15, 2020  |  Loans

Goldman Sachs has upped the ante by another $250 million in the amount of capital it is providing for a federal loan program aimed at...

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More PPP Forgiveness Guidelines Unveiled, But Clarity Remains Elusive
More PPP Forgiveness Guidelines Unveiled, But Clarity Remains Elusive
May 19, 2020  |  Loans

It’s no secret that the federal Paycheck Protection Program (PPP) has had a rocky few weeks since initially launching in early April. Get the Full...

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ADP’s Massive Job Loss Tally Underscores Main Street Lending Urgency
ADP’s Massive Job Loss Tally Underscores Main Street Lending Urgency
May 06, 2020  |  Economy

The pandemic has spared no one on Main Street – the fallout has touched everyone, from the smallest of storefronts to the largest of mid-sized...

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