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small business lending

FintechNews RoundupUSA
·Apr. 10, 2020

Online Lenders Play a Waiting Game With the PPP

The online lending industry has been ready, willing and able to help American small businesses with the Paycheck Protection Program...
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FintechNews RoundupUSA
·Apr. 9, 2020

The Fed is the Key Player for Success in Stimulus Funding to SMBs

The Paycheck Protection Program has seen its fair share of problems since launching and many of these issues could have...
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FintechNews RoundupUSA
·Apr. 8, 2020

SBA Computer Issues Holding Up Small Business Loans

Small businesses are eager to get assistance from the $349 billion lending program for small businesses; it appears that businesses...
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FintechNews RoundupUSA
·Apr. 6, 2020

Federal Stimulus Package Gets off to a Rocky Start as SMB’s Seek Capital Quickly

Small businesses are becoming more anxious by the day with the crisis showing no signs of ending in the near...
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FintechNews RoundupUSA
·Apr. 3, 2020

The Sorry State of the Paycheck Protection Program

Today was supposed to be the day that the Payroll Protection Program (PPP) rolled out at banks and fintech lenders...
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FintechNews RoundupUSA
·Apr. 9, 2020

SBA Gets Much Needed Help from Amazon to Speed up Stimulus Funds Processing

The Small Business Administration has been using a system known as E-Tran which was never intended to handle the volume...
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FintechNews RoundupUSA
·Apr. 8, 2020

Kabbage Begins Accepting PPP Loan Applications

Kabbage is now accepting applications from small businesses under the Paycheck Protection Program (PPP); Kabbage recently stopped lending on March...
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FintechNews RoundupUSA
·Apr. 8, 2020

Online lenders Begin Feeling the Stress

Online lenders are feeling the pressure from borrowers and investors alike; consumers are starting to lose their jobs and companies...
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FintechNews RoundupUSA
·Apr. 6, 2020

Citi Develops Portal to Help Deploy Stimulus Capital

Citigroup CEO Michael Corbat said the bank was working to develop their own portal to help push capital to small...
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FintechNews RoundupUSA
·Apr. 3, 2020

Bank of America Becomes First Big Bank to Start Accepting PPP Applications

Bank of America becomes the first of the big four banks to allow applications for the Paycheck Protection Program (PPP);...
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