CARES act

Wells Fargo Says Lift Asset Cap To Helps SMBs
Wells Fargo Says Lift Asset Cap To Helps SMBs
April 06, 2020  |  Loans

Wells Fargo said it wants to help more with the federal government’s programs to disburse $350 billion in loans via the Paycheck Protection Program (PPP). But...

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Lawsuit Accuses BoA Of Unfair Preferential SMB Treatment
Lawsuit Accuses BoA Of Unfair Preferential SMB Treatment
April 06, 2020  |  B2B Payments

Rifkin Weiner Livingston LLC has filed an amended complaint against Bank of America (BoA) for allegedly giving its lending clients a higher priority and denying...

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What Banks Still Don’t Know About Getting The $350B To SMBs
What Banks Still Don’t Know About Getting The $350B To SMBs
April 02, 2020  |  Coronavirus

Facing an economic emergency tipped off by the unprecedented coronavirus pandemic landing on American shores, the federal government in an uncharacteristic burst of speedy bi-partisan...

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NYMBUS Accelerates SBA Loan Processing For Banks
NYMBUS Accelerates SBA Loan Processing For Banks
March 31, 2020  |  B2B Payments

A new program from NYMBUS will help small- to medium-sized businesses (SMBs) affected by the coronavirus pandemic apply for loans through an online portal, according...

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