Small business lending

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 >
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...

READ MORE >
Bank Of America Boasts $22B In Bailout Loans
Bank Of America Boasts $22B In Bailout Loans
April 03, 2020  |  Coronavirus

It was a phenomenal Friday (April 3) for Bank of America. The Charlotte-based global lender told CNBC that 85,000 customers have applied for $22.2 billion...

READ MORE >
JPMorgan Now Taking Applications For Paycheck Protection Program
JPMorgan Now Taking Applications For Paycheck Protection Program
April 03, 2020  |  Loans

JPMorgan, one of the nation’s largest lenders, started accepting applications for loans from the federal government’s Paycheck Protection Program (PPP) on Friday (April 3), according...

READ MORE >
Banks, FinTechs Wield Open Banking For SMB Finance
Banks, FinTechs Wield Open Banking For SMB Finance
March 19, 2020  |  B2B Payments

As financial service providers deploy new solutions on the heels of open banking regulatory initiatives in the U.K. and Europe, players in other geographies have...

READ MORE >
Open Banking Expands Into SMB Lending, Smaller Banks
Open Banking Expands Into SMB Lending, Smaller Banks
March 12, 2020  |  B2B Payments

Open banking and bank-FinTech collaboration can be an effective way for financial institutions (FIs) to launch new digital products. But the latest initiatives reveal a...

READ MORE >
Rethinking The SME Loan Underwriting Model In Southeast Asia
Rethinking The SME Loan Underwriting Model In Southeast Asia
March 10, 2020  |  B2B Payments

The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly...

READ MORE >
How To Ensure Community Banks Aren’t Left Behind In The Digitization Revolution
How To Ensure Community Banks Aren’t Left Behind In The Digitization Revolution
March 06, 2020  |  B2B Payments

For banks of any size, the message is clear: Digitize or risk losing customers — or even risk failure. But for financial institutions (FIs), some...

READ MORE >
Financing Vietnam’s Underbanked And High Risk Agri-SMBs
Financing Vietnam’s Underbanked And High Risk Agri-SMBs
February 24, 2020  |  B2B Payments

While a lack of access to affordable, quick capital is a barrier to growth for small businesses across the globe, there are certain markets and...

READ MORE >