SMB lending

Senators Want New PPP Program With Different Guidelines
Senators Want New PPP Program With Different Guidelines
July 28, 2020  |  Loans

It’s looking increasingly likely that Congress will vote on a new round of COVID-19 stimulus funding, with the Paycheck Protection Program (PPP) an increasing area...

READ MORE >
Deep Dive: How The COVID-19 Pandemic Is Moving SMB Lending, Disbursements Away From Paper Checks
Deep Dive: How The COVID-19 Pandemic Is Moving SMB Lending, Disbursements Away From Paper Checks
July 07, 2020  |  Disbursements

The small- to medium-sized business (SMB) lending industry is used to adaptation, especially since the 2008 financial crisis, when legacy financial institutions (FIs) began pulling...

READ MORE >
B2B FinTechs Show Signs Of Mid-Year Venture Capital Lull
B2B FinTechs Show Signs Of Mid-Year Venture Capital Lull
July 03, 2020  |  B2B Payments

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B...

READ MORE >
China To Encourage SMB Lending With Central Bank Loan Buy-Backs
China To Encourage SMB Lending With Central Bank Loan Buy-Backs
June 01, 2020  |  B2B Payments

To encourage banks to loan as much as $140.18 billion to small businesses during COVID-19, the People’s Bank of China (PBOC) is to begin purchasing...

READ MORE >
Vancity Launches Loan To Help Small Firms Pivot Business Models
Vancity Launches Loan To Help Small Firms Pivot Business Models
April 20, 2020  |  B2B Payments

To support small businesses that needed to change course because of the coronavirus, Vancity has rolled out its Unity Pivot Business Loan. Businesses changing direction to...

READ MORE >
The Fed Communicates Rule Change For The SBA’s PPP
The Fed Communicates Rule Change For The SBA’s PPP
April 17, 2020  |  Coronavirus

To enhance the effectiveness of the Paycheck Protection Program (PPP) of the Small Business Administration (SBA), the Federal Reserve Board announced a rule change. The...

READ MORE >
Deloitte, Unqork Team Up On SMB Lending-As-A-Service
Deloitte, Unqork Team Up On SMB Lending-As-A-Service
April 14, 2020  |  B2B Payments

To roll out a completely managed small business lending offering that digitizes the end-to-end loan life cycle, application development technology firm Unqork has teamed with...

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 >
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 >