Search Results for: PPP loans

Barwick Banking Company is the Latest Bank to Select Finastra's Fusion Phoenix Core
Banking Business Fintech News

Finastra Helps Banks and Credit Unions Provide Critical Financial Support to Small Businesses With More Than 86,000 PPP Loans to Date

Fintech News Desk
by Fintech News Desk0
Finastra, one of the world’s largest financial technology solutions providers, announced that it has helped process more than 86,000 Paycheck Protection Program (PPP) loans to date, supporting community-focused banks and credit unions as they provide critical financial assistance for small businesses impacted by the COVID-19 pandemic. Finastra’s CARES Act solution –......
Community Financial Institutions Use Abrigo's SBA Lending Platform to Submit Nearly 28,000 PPP Loans in Second Round of Funding
Business Fintech Fintech Funding News

Community Financial Institutions Use Abrigo’s SBA Lending Platform to Submit Nearly 28,000 PPP Loans in Second Round of Funding

Fintech News Desk
by Fintech News Desk0
Community financial institutions (CFI) will use Abrigo’s SBA Lending solution to begin submitting nearly 28,000 Paycheck Protection Program (PPP) applications totaling nearly $3 billion in loans to help small businesses in their communities. Read More: Finhabits Launches Microlearning Journeys to Help Diverse Communities Build Healthy Financial Habits Abrigo, a leading technology provider......
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
by Fintech News Desk0
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......
Square announces Terminal API at Unboxed 2020 Conference
Banking Business Capital Markets Fintech News

PPP in Review: Square Capital Has Facilitated Over $820M in Stimulus Loans to 76,000+ Small Businesses Across All 50 States

Fintech News Desk
by Fintech News Desk0
Since we began processing Payroll Protection Program (PPP) applications on April 29, 2020, as of June 10, Square Capital has facilitated more than $820 million in PPP loans, providing access to a financial lifeline to more than 76,000 small businesses. That’s an average loan of less than $11,000, with 97%......
First Cohort of Cross River and Operation HOPE’s ‘Entrepreneur Training Program’ Graduates
Banking Business Fintech News

Cross River One of Top Paycheck Protection Program (PPP) Lenders in the Country, Saving Nearly 600,000 Jobs Through 105,000 Loans

Fintech News Desk
by Fintech News Desk0
Cross River Bank (“Cross River”), a leading innovator and provider of banking services for technology companies, announced that it has approved more than $4.7 billion in loans to small businesses across the country through both rounds of the Small Business Administration’s (SBA) Paycheck Protection Program (“PPP”). With an average loan......
Sky Bridge Funding announced 100%-digital application for Paycheck Protection Program (PPP) loans
Fintech Fintech Funding News

Sky Bridge Funding announced 100%-digital application for Paycheck Protection Program (PPP) loans

Fintech News Desk
by Fintech News Desk0
Sky Bridge Business Funding, a leading fintech provider of access to capital for small businesses, announced the immediate availability of its 100%-digital application to help small business owners with the process of applying for SBA-backed Paycheck Protection Program (PPP) loans. Read More: GlobalFintechSeries Interview with Tim Kelly, CEO & Founder at......
CSI Offers Community Banks Digital Lending Tools to Streamline SBA Paycheck Protection Program (PPP) Loans
Banking Fintech News

CSI Offers Community Banks Digital Lending Tools to Streamline SBA Paycheck Protection Program (PPP) Loans

Fintech News Desk
by Fintech News Desk0
Community banks can accept applications online, accept e-signatures to quickly aid businesses affected by the COVID-19 pandemic  Computer Services, Inc, a provider of integrated financial technology solutions, has expanded its digital commercial loan services to provide community banks a streamlined, expedited origination process for the U.S. Small Business Administration (SBA)......
OneUnited Bank Joins With Lendistry to Offer Small Business Loans Nationwide
Banking News

OneUnited Bank Joins With Lendistry to Offer Small Business Loans Nationwide

Fintech News Desk
by Fintech News Desk0
Largest Black-Owned Bank Joins with Black-Led Small Business Lender OneUnited Bank, the nation’s largest Black-owned bank, joins with Lendistry, a Black-led fintech, to provide small business loans to OneUnited Bank customers. The Bank’s continuing mission is to close the racial wealth gap by providing a resource for term loans and non-revolving lines......
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
by Fintech News Desk0
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
by Fintech News Desk0
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......
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