Search Results for: loan administration

Banking Fintech Guest Posts

Small Business Owners Must Get Payroll Compliance Right to Ensure COVID-19 Loan Forgiveness

Lisa Carmen
by Lisa Carmen0
Small business leaders have had to adapt quickly to the evolving business crisis caused by the COVID–19 pandemic. First, they had to protect employee safety by rapidly shifting to work from home and shuttering non-essential facilities. With that accomplished, business owners pivoted to conserving capital, cutting expenses, and leveraging government......
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......
Baker Hill Partners with Financial Institutions on Paycheck Protection Program Loan Forgiveness
Banking Fintech News

Baker Hill Partners with Financial Institutions on Paycheck Protection Program Loan Forgiveness

Fintech News Desk
by Fintech News Desk0
FinTech company collaborates with banks to provide support for small business lending Baker Hill, the leading financial technology provider in delivering solutions for commercial, small business and consumer loan origination, risk and relationship management, CECL, and analytics, is partnering with various banks to expedite the process of Paycheck Protection Program......
AICPA Offers Loan Forgiveness Calculator for Paycheck Protection Program
Banking Business Fintech News

AICPA Offers Loan Forgiveness Calculator for Paycheck Protection Program

Fintech News Desk
by Fintech News Desk0
Template Shared with Treasury and SBA to Help Resolve Outstanding Issues in Process The American Institute of CPAs has created a loan forgiveness calculator for the Paycheck Protection Program (PPP), the main small business relief vehicle under the CARES Act, and shared it with the Treasury Department and Small Business......
Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19
Banking Business Fintech News

Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Wallis Bank announced that it has processed over 3,500 loans totaling more than $347.5 million under the Small Business Administration’s Paycheck Protection Program (PPP), helping small businesses support payroll and related costs. The average loan size was approximately $99,000 as of May 26. The PPP provides forgivable, government-guaranteed loans for the nation’s small businesses, which account......
Community Banks Manage PPP Loan Forgiveness with Teslar Software
Banking Business Fintech News

Community Banks Manage PPP Loan Forgiveness with Teslar Software

Fintech News Desk
by Fintech News Desk0
Embedded solution available to streamline and automate loan forgiveness; helps small businesses calculate their options today Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced that it is helping bankers manage Paycheck Protection Program (PPP) loan forgiveness for small businesses.......
OppLoans Teams Up with Experian®, Steady, and BillShark Furthering its Commitment to Social Impact
Banking Fintech InsurTech News

OppLoans Applauds Newly-Released Interagency Lending Principles for Banks and Credit Unions Offering Responsible Small-Dollar Loans

Fintech News Desk
by Fintech News Desk0
Guidance further supports the need for financial institutions to provide access to loans for the 60 million credit-challenged Americans, while protecting consumers OppLoans, a leading financial technology platform that powers banks to serve middle income, credit-challenged consumers, applauds the release of the Interagency Lending Principles on small-dollar lending by the......
Wolters Kluwer and Black Knight deepen strategic alliance to offer mortgage lenders a more complete origination solution
Banking Business Fintech News

Wolters Kluwer Further Develops TSoftPlus for Loan Forgiveness Stage of Paycheck Protection Program for Local Lenders of All Sizes

Fintech News Desk
by Fintech News Desk0
Market-Leading TSoftPlus to Help Facilitate PPP Loan Forgiveness End-to-End Workflow Wolters Kluwer Compliance Solutions is ready to help local lenders and their small business client recipients of Paycheck Protection Program (PPP) funding facilitate online loan forgiveness applications through its TSoftPlus™ PPP Forgiveness Module. The comprehensive end-to-end solution will facilitate and automate......
Abrigo’s New Asset/Liability Management Solution Helps Optimize Performance at Community Financial Institutions
Business Fintech News

Abrigo Partners With CU Solutions Group on PPP Loan Forgiveness Solution

Fintech News Desk
by Fintech News Desk0
Abrigo announced it has partnered with CU Solutions Group (CUSG) in support of Abrigo’s Paycheck Protection Program (PPP) Forgiveness and Administration solution, part of the Sageworks SBA Lending solution, to aid credit unions in streamlining the loan forgiveness and administration process. The PPP forgiveness process is expected to be a......
Forgivable Loans for Baltimore-Area Small Businesses, Independent Contractors and Non-Profits Available from Lendistry
Banking Business Fintech News

Forgivable Loans for Baltimore-Area Small Businesses, Independent Contractors and Non-Profits Available from Lendistry

Fintech News Desk
by Fintech News Desk0
Lendistry, the leading fintech Community Development Financial Institution (CDFI), said funds remain available for forgivable loans to eligible small businesses, independent contractors and non-profit organizations in the City of Baltimore. Mayor Bernard C. “Jack” Young announced in April a $10 million commitment, with funding provided by Goldman Sachs under its 10,000 Small Businesses initiative,......
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