Search Results for: PPP

Strong Bank Response to Paycheck Protection Program (PPP) Drives Record-High Satisfaction Among Small Business Customers, J.D. Power Finds
Banking Digital Payments Fintech News

Strong Bank Response to Paycheck Protection Program (PPP) Drives Record-High Satisfaction Among Small Business Customers, J.D. Power Finds

Fintech News Desk
Proactive Response Creates Opportunity for Increased Retention and Cross-Selling After getting off to a wobbly start in the earliest days of the pandemic, the nation’s banks nailed their response to the U.S. Small Business Association’s Paycheck Protection Program (PPP), managing to administer $669 billion in relief loans to small businesses......
Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders
Banking Business Finance News

Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index™ Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders

Fintech News Desk
Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.4% in April to 13.5% in May 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. However, small banks’ approvals jumped higher from 18.2% in April, to 18.7% in May. “Loan approvals by small banks rose 0.3% as banks start to assess the......
FinTech Automation Named to WealthTech 100 List
Banking Business News

Oxford Bank Provided over $342 Million in PPP Loans for 1,354 Local Businesses Impacted by COVID-19

Nearly 20,000 Local Jobs Saved Oxford Bank announced today that it has processed 1,951 loans totaling $342,203,867 under the Small Business Administration’s Paycheck Protection Program (PPP) to help local small businesses support payroll and related costs, saving approximately 20,000 jobs within Southeastern Michigan. The average loan size was approximately $175,400. The PPP, which was......
Womply Partners with Harvest Small Business Finance
Commerce Fintech News

Womply Partners with Harvest Small Business Finance to Help Underserved Businesses and Workers Access Forgivable Loans Using PPP Fast Lane

Fintech News Desk
Womply, the local commerce platform that provides apps, APIs, marketing, and financial tools to make local commerce happen, announced a new partnership with Harvest Small Business Finance to help more of America’s struggling small businesses, gig workers, independent contractors, and self-employed people access vital Paycheck Protection Program (PPP) funding with......
Womply Launches Partnership with SEDCO to Help Under-Served Businesses Access the Paycheck Protection Program using PPP Fast Lane
Finance Fintech News

Womply Launches Partnership with SEDCO to Help Under-Served Businesses Access the Paycheck Protection Program using PPP Fast Lane

Fintech News Desk
Womply, the local commerce platform that provides apps, APIs, marketing, and financial tools to make local commerce happen, today announced a new partnership with Sunshine State Economic Development Corporation (SEDCO). The partnership combines their expertise as an SBA-approved lender with Womply’s breakthrough PPP Fast Lane process to allow even the......
LendingClub Bank Supports Extended Paycheck Protection Program (PPP)
Digital Digital Payments Fintech News

LendingClub Bank Supports Extended Paycheck Protection Program (PPP)

Fintech News Desk
Program Recognized for Client Innovation During the Pandemic by Celent On March 30, 2021 President Joseph Biden signed the “PPP Extension Act of 2021” extending the Paycheck Protection Program (“PPP”) from March 31st to May 31st, to aid small businesses amidst a difficult financial year as a result of the global COVID-19 pandemic. With the program extending,......
Blue Ridge Bank and SK2 Capital Launch EasyPPPzy Online Platform for Self-employed Workers to Receive Forgivable PPP Loans
Finance Fintech News

Blue Ridge Bank and SK2 Capital Launch EasyPPPzy Online Platform for Self-employed Workers to Receive Forgivable PPP Loans

Fintech News Desk
Blue Ridge Bank, N.A. (“Blue Ridge Bank”), the national bank subsidiary of Blue Ridge Bankshares, Inc., announced their continued partnership with SK2 Capital Inc. on the launch of its EasyPPPzy™ online platform following the news that the Small Business Administration’s Payment Protection Program (“PPP”) loan application deadline has been extended to......
Womply Partners with DreamSpring to Help Under-Served Businesses Access the Paycheck Protection Program via PPP Fast Lane
Digital Payments Finance Fintech News

Womply Partners with DreamSpring to Help Under-Served Businesses Access the Paycheck Protection Program via PPP Fast Lane

Fintech News Desk
Womply, the local commerce platform that provides apps, APIs, marketing, and financial tools to more than 500,000 small businesses, announced an integrated partnership with DreamSpring, a nonprofit lender serving entrepreneurs and small businesses. DreamSpring joins Womply’s PPP Fast Lane program, which enables the smallest businesses to access vital Paycheck Protection......
AadhaarPay and Cash Are the Most Preferred Modes of Payment for Women Customers
Digital Fintech Fintech Primers News

Biz2Credit Supports Biden-Harris Administration’s PPP Changes to Promote More Equitable Access to Capital

Fintech News Desk
Largest Provider of SBA-Approved PPP Loans (Over 98% to Businesses with Under 20 Employees) Says Rules Changes Will Improve Access in Underserved Communities Biz2Credit, a leading FinTech company and parent of an SBA-approved processor of Paycheck Protection Program (PPP) loans, is applauding the reforms to the PPP that the Biden-Harris administration......
Nav Helps Over 80K Small Businesses Unlock PPP Funds In Latest Round
Artificial Intelligence Business Fintech Investment Services News

Nav Helps Over 80K Small Businesses Unlock PPP Funds In Latest Round

Fintech News Desk
In this PPP round, Nav facilitates over $50M in loans, commits to supporting small businesses left out by traditional banking Nav, the simple and intelligent financing platform for small businesses, today announced that they’re working with more than 80,000 small businesses to unlock PPP funds and have already channeled more......
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