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small business lending

FintechNews RoundupUSA
·May. 18, 2020

Kabbage Shares PPP Loan Data

Kabbage shared today that over 110,000 small businesses have been approved through their platform totaling $3.5 billion; Kabbage is an...
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FintechNews RoundupUSA
·May. 12, 2020

Biz2Credit Small Business Lending Index Shares Record Low Loan Approval Rates

Approval percentages for small business loan applications at banks with $10+ billion in assets fell to 8.9%, down from 15.4%...
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FintechNews RoundupUSA
·May. 11, 2020

New Guidance Slows Firehose of Funds from the PPP

When the government announced the first tranche of funding for the Paycheck Protection Program (PPP) there was a flood of...
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FintechNews RoundupUSA
·May. 7, 2020

PayPal Growth is Booming During the Crisis

PayPal reported earnings and the company is seeing huge user growth with more than 7 million customers in April alone;...
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FintechNews RoundupUSA
·May. 5, 2020

New Survey Says 13 Percent of SMBs Approved for PPP

According to a new survey from CNBC and SurveyMonkey only 13 percent of small businesses were approved for loans through...
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FintechLatAmNews Roundup
·May. 13, 2020

Konfío Helps Mexican SMBs Weather the Crisis

Mexican small businesses are being hit by the pandemic just as much as other markets and they are in desperate...
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FintechNews RoundupUSA
·May. 11, 2020

Fintechs Hope for Long Term Relationship with SBA

Fintech lenders are hoping their participation in the Paycheck Protection Program will lead to working with the Small Business Administration...
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FintechNews RoundupUSA
·May. 8, 2020

The Second Round of the PPP Still Going as Demand Cools

Many people thought, including your LendIt editors, that the $310 billion allocated for the second round of the Paycheck Protection...
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EuropeFintechNews Roundup
·May. 6, 2020

Online Lenders Appeal for Equal Access to the UK’s Bounce Back Loans

One of the biggest criticisms of the UK’s CBILS program was that it favored big banks and lending was too...
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FintechNews RoundupUSA
·May. 4, 2020

Online Consumer Lenders Faring Better than Small Business Counterparts

In this week’s PeerIQ Industry Update they cover the continued crisis across the online lending landscape; even with the crisis...
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