Search Results for: PPP lending
Pinnacle Bank Adds Teslar Software to Improve Lending Relationships with Service and Insights
Partnership improves commercial lending processes with greater visibility, streamlined workflows Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced today that Pinnacle Bank launched its platform to provide better insights into their commercial lending relationships, while also streamlining processes, increasing......
Biz2Credit Unveils Rebranding, New Logo for Its Biz2X Lending Platform for Banks
Biz2Credit, the leader in online small business finance, unveiled new branding for Biz2X, its global SaaS platform to enable financial institutions to provide a customized online lending experience for their small and midsize business customers. Read More: Ping An says ESG Adoption in China Presents Opportunities for Technology Companies The Biz2X Platform has......
Small Business Loan Approval Rates at Banks Fell Again in September 2020: Biz2Credit Small Business Lending Index™
Small Businesses in Limbo Awaiting PPP Loan Forgiveness Small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.6% in August to 13.5% in September, indicative of the struggles that small businesses are facing, according to the latest Biz2Credit Small Business Lending Index™ released today. The Biz2Credit Small Business Lending Index figures do not reflect......
Seiling State Bank Signs with Teslar Software to Improve Commercial Lending
Partnership will help bank better manage entire lending portfolio, including PPP lifecycles Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced today that Seiling State Bank has selected its platform to improve processes and better serve customers. Read More: DeFiner......
Digital Adoption Rises in the Lending Industry: eOriginal Sees Surge in Digital Transactions, Revenue and Customer Growth
eOriginal, Inc., the leader in digital lending technology, today announced rapid growth across its digital lending business, spurred by demand for purpose-built technology that makes lending frictionless, secure, and trusted, from closing to the secondary market. Read More: Crayonic Partners with the FIDO Alliance as an Affiliate Member In response to......
Small Business Loan Approval Rates at Banks Fell in August 2020: Biz2Credit Small Business Lending Index™
Small business loan approval percentages at big banks ($10 billion+ in assets) and small banks dropped slightly in August 2020, an indication that the upward trend that began in May has plateaued, according to the Biz2Credit Small Business Lending Index™ released today. “PPP loans came to a halt on August 8, and......
Guilford Savings Bank Expands Partnership with Jack Henry & Associates to Improve Commercial Lending
Bank modernizes lending, digital banking, and core technology with Jack Henry, leverages open APIs for enhanced flexibility and innovation Jack Henry & Associates, is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, Jack Henry Lending announced that Connecticut-based Guilford Savings Bank has successfully......
PPP in Review: Square Capital Has Facilitated Over $820M in Stimulus Loans to 76,000+ Small Businesses Across All 50 States
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%......
Hancock Whitney Brings Paycheck Protection Program Funds to 12,000+ Gulf South Businesses with Digital Lending from FIS and Numerated
Hancock Whitney partnered with financial technology solutions leaders FIS and Numerated to digitally transform its business lending capabilities during the COVID-19 pandemic. Digital lending technology from FIS and Numerated allowed the bank to speed and scale approval of Paycheck Protection Program (PPP) loan applications to help expedite relief funds to more than 12,000 businesses across......