loans

Mnuchin Assures SMBs That Gov’t Relief Funds Won’t Run Out

Mnuchin Assures SMBs That Gov’t Relief Funds Won’t Run Out
Mnuchin Assures SMBs That Gov’t Relief Funds Won’t Run Out
April 08, 2020  |  Loans

U.S. Treasury Secretary Steven Mnuchin reassured the nation’s small businesses that they shouldn’t worry about getting a government bailout as they struggle to stay afloat during...

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Fed Temporarily Eases Wells Fargo’s Growth Limits To Assist SMBs
Fed Temporarily Eases Wells Fargo’s Growth Limits To Assist SMBs
April 08, 2020  |  Regulation

Wells Fargo is getting a break thanks to the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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GIACT To Help Streamline Financial Aid For SMBs In COVID-19 Payout
GIACT To Help Streamline Financial Aid For SMBs In COVID-19 Payout
April 08, 2020  |  Authentication

GIACT, which helps to verify and authenticate customers for businesses, is getting into the fray of the Paycheck Protection Program (PPP) for small- to medium-sized...

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SBA Struggling To Meet Demand For Relief Loans
SBA Struggling To Meet Demand For Relief Loans
April 08, 2020  |  Loans

An old computer system and too few employees are making it hard for the Small Business Administration (SBA) to meet the high demand for coronavirus...

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Mastercard Pledges $250M In Help For Small Businesses
Mastercard Pledges $250M In Help For Small Businesses
April 07, 2020  |  Mastercard

Recognizing that Main Street is being hard hit by the coronavirus pandemic, Mastercard committed $250 million over the next five years to support small- to...

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Funding Options Strikes Open Banking Deal With 20 Alt Lenders
Funding Options Strikes Open Banking Deal With 20 Alt Lenders
April 07, 2020  |  B2B Payments

Through small business finance broker Funding Options, around 20 alternative lenders will now have the power to receive open banking data directly to begin making...

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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...

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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...

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SBA Computer System Crash Further Tangles PPP Loan Process
SBA Computer System Crash Further Tangles PPP Loan Process
April 07, 2020  |  Loans

The Paycheck Protection Program (PPP) introduced April 3 is experiencing more setbacks as the Small Business Administration (SBA) works to solve computer system problems, according...

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