Search Results for: PPP loan

Fiserv Enables Financial Institutions to Quickly Assist Small Businesses Seeking Paycheck Protection Program Loans
Banking Fintech News

Fiserv Enables Financial Institutions to Quickly Assist Small Businesses Seeking Paycheck Protection Program Loans

Fintech News Desk
by Fintech News Desk0
Banks and credit unions will be equipped to accept applications through their websites, online banking portals or the Clover® merchant point-of-sale platform Fiserv, a leading global provider of payments and financial services technology solutions, is enabling banks and credit unions to accept applications from small businesses seeking relief under the U.S.......
Lenders Cooperative Grows Executive Team With Additions of New Head of Client Success, Managing Director
Banking News

Lenders Cooperative Grows Executive Team With Additions of New Head of Client Success, Managing Director

Business Wire
by Business Wire0
Lenders Cooperative, a client-owned cooperative that represents a community of forward-thinking banking institutions, announced that it is growing its executive team with the addition of two new hires: Liz Flowers as the company’s new Head of Client Success, and Phil Maurer as Managing Director. Latest Fintech Interview: Global Fintech Interview......
Savi Financial Corporation Earns $572,000 in Second Quarter 2022
Finance News

Savi Financial Corporation Earns $572,000 in Second Quarter 2022

Fintech News Desk
by Fintech News Desk0
Savi Financial Corporation, Inc. the bank holding company for SaviBank, reported net income for the second quarter of 2022 was $572,000, or $0.13 per diluted share, compared to $964,000, or $0.22 per diluted share in the preceding quarter, and record quarterly results of $1.24 million, or $0.28 per diluted share,......
Lendistry Champions Progressive Financing for New York's Underserved Small Businesses
Fintech Lending News

Lendistry Champions Progressive Financing for New York’s Underserved Small Businesses

Fintech News Desk
by Fintech News Desk0
The fintech that powered New York small business relief grants expands its progressive lending model in the Empire State Lendistry announces that its unique lending model is open for business in New York. Since 2015, the minority-led fintech has provided $8.6 billion in funds to 561,000 businesses in underserved communities,......
Analytics Featured News

San Jose is The Top City for Small Business in 2022

Fintech Analyst
by Fintech Analyst0
Biz2Credit has identified San Jose as the “Best Small Business City in America,” based on average annual revenues in 2021, credit scores, age of business, and Biz2Credit’s proprietary BizAnalyzer score. BizAnalyzer factors in the local business climate, including rents, labor costs, and local tax rates. Biz2Credit examined the financials of over 82,000 companies that applied for small business loans in 2021, including companies that applied for PPP loans. According......
The Bancorp Named a Top 50 Community Bank in 2021 by S&P Global Market Intelligence
Banking News

The Bancorp Named a Top 50 Community Bank in 2021 by S&P Global Market Intelligence

Fintech News Desk
by Fintech News Desk0
The Bank was ranked #31 best-performing community bank between $3 and $10B in assets The Bancorp Bank, a wholly owned subsidiary of The Bancorp Inc., is pleased to announce it has been listed as one of the 50 best-performing community banks with assets between $3B and $10B. Based on its......
Revenues, Profits of Companies Owned by Women Decreased During 2021: Biz2Credit Women-Owned Business Study
Fintech News

Revenues, Profits of Companies Owned by Women Decreased During 2021: Biz2Credit Women-Owned Business Study

Fintech News Desk
by Fintech News Desk0
Analysis of 100,000 Firms Finds Pandemic Revenues and Profits Fell Last Year The annual Biz2Credit Women-Owned Business Study found that profits for female business-owners dropped 26% in 2021 from 2020, while average annual revenues dipped 4%. Additionally, the study found that operating expenses increased, the primary reason profits fell in......
Umpqua Bank Launches Small Business Empowerment Program With $2 Million To Support Minority, Women Entrepreneurs
Banking News

Umpqua Bank Launches Small Business Empowerment Program With $2 Million To Support Minority, Women Entrepreneurs

Fintech News Desk
by Fintech News Desk0
Multi-year partnerships designed to close opportunity gap in access to capital, resources, and expertise Umpqua Bank, a subsidiary of Umpqua Holdings Corporation, announced a new program that expands access to capital, resources, and expertise for minority and women entrepreneurs. Umpqua Bank’s Small Business Empowerment Program builds on existing private and......
Santa Cruz County Bank Reports Earnings For Quarter and Year Ended December 31, 2021
Banking Fintech News

Santa Cruz County Bank Reports Earnings For Quarter and Year Ended December 31, 2021

Fintech News Desk
by Fintech News Desk0
Eleventh successive year of record net income Record assets of $1.701 billion Santa Cruz County Bank, with assets of $1.701 billion, is a top-rated community bank headquartered in Santa Cruz County.  Bank announced unaudited earnings for the fourth quarter and year ended December 31, 2021.  Net income for the year ended December......
GBank Financial Holdings Inc. Announces Quarterly Operating Earnings
Banking Fintech News

GBank Financial Holdings Inc. Announces Quarterly Operating Earnings

Fintech News Desk
by Fintech News Desk0
GBank Financial Holdings Inc. (“GBank” or the “Company”) , the parent company for Bank of George (the “Bank”), reported year-to-date earnings of $11 million, or $0.85 per diluted share. This represents a year-over-year increase of 57% compared to $7 million or $0.56 per diluted share for the year-to-date period ending December 31, 2020. Earnings for the fourth quarter increased......
1