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small business lending

FintechNews RoundupUSA
·May. 1, 2020

OnDeck’s Streak of Profitable Quarters Comes to an End

OnDeck lost $59mn in Q1 2020 as their streak of seven straight quarters of profitability came to an end; the...
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FintechNews RoundupUSA
·Apr. 28, 2020

Community Banks Will Find a Big SMB Opportunity from the Crisis

The Paycheck Protection Program has highlighted a number of issues in small business banking that could potentially open the door...
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FintechNews RoundupUSA
·Apr. 27, 2020

The Inside Story on How Big Banks Dominated the First Round of PPP

The first round of the Paycheck Protection Program was a mix of chaos, confusion and favoritism with $349bn being sent...
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News Roundup
·Apr. 27, 2020

Round Two of the PPP Opens Today Amid Huge Demand

Round two of the Paycheck Protection Program (PPP) opens this morning at 10:30am ET. If you thought round one was...
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FintechNews RoundupUSA
·Apr. 24, 2020

The $60 Billion Carve Out for Small Lenders Won’t Solve PPP Problems

Congress tried to solve the problem of large businesses obtaining loans from the PPP by giving more money to smaller...
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FintechNews RoundupUSA
·May. 1, 2020

Google Releases AI Tool for Processing PPP Loans

Google has developed an AI tool to help lenders process PPP loan applications; the solution, called PPP Lending AI, can...
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FintechNews RoundupUSA
·Apr. 27, 2020

SoFi Assisted in PPP Program Through Comparison Site ‘Lantern’

SoFi shared in a press release that they had helped funnel over $75 million in loan applications to lenders for...
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FintechNews RoundupUSA
·Apr. 27, 2020

Lend Academy Podcast: Scott Stewart of the ILPA

Scott Stewart is the CEO of the Innovative Lending Platform Association or ILPA; ILPA members include many of the large...
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FintechNews RoundupUSA
·Apr. 24, 2020

House Passes $484 Billion Relief Bill to Replenish PPP

Yesterday the House overwhelmingly passed a relief bill that, among other things, will provide a much needed top up of...
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Fintech One-on-One Podcast
·Apr. 24, 2020

Podcast 244: Scott Stewart of the ILPA

Small business lenders have been in the spotlight this month as hundreds of billions of dollars in loans are distributed...
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