Search Results for: PPP lending

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
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......
Small Business Loan Approval Rates Rebounded in May 2020: Biz2Credit Small Business Lending Index
Banking Business Economy Fintech News

Small Business Loan Approval Rates Rebounded in May 2020: Biz2Credit Small Business Lending Index

Fintech News Desk
Improvement in Approvals for Companies Applying for Non-CARES Act Loans The approval percentage for small business loan applications at big banks ($10 billion+ in assets) rebounded from just 8.9% in April to 11.5% in May, according to the Biz2Credit Small Business Lending Index™ released . Read More: SIMON Markets LLC and Raymond James Launch New Strategic Partnership......
Wolters Kluwer Named a Leader in Spend and Matter Management in IDC MarketScape Reports
Business Economy Fintech Investment Services News

Wolters Kluwer Releases TSoftPlus Paycheck Protection Program Lending Insights

Fintech News Desk
Approximately One Million Small Business Jobs Retained Across Almost One Hundred Industries Analysis completed by Wolters Kluwer Compliance Solutions shows that its Paycheck Protection Program (PPP) Supported by TSoftPlus solution has helped small businesses retain approximately one million American jobs, representing almost 100 different industries. Full-service restaurants lead the list of top business types......
LendingTree Introduces Password Management Service Through 1Password
Business Fintech News

LendingTree Survey of Small Business Owners Finds 46% are Concerned They Won’t Have Enough Money to Reopen

Fintech News Desk
Although more businesses have seen financial support through PPP than last month, owners still worry about reduced profits amid increased safety measures Even as states and cities slowly allow more businesses to reopen, many entrepreneurs are anxious about doing so. Nearly half of small business owners worry they cannot afford......
Customers Bank Preserves Estimated 1 Million Jobs Across America; Originating over 80,000 PPP Loans; Supports Local Communities with Charitable Grants; Protects Team Members and Clients; Celebrates “Financial First Responders” Holiday
Banking Business Fintech Fintech Funding News

Customers Bank Preserves Estimated 1 Million Jobs Across America; Originating over 80,000 PPP Loans; Supports Local Communities with Charitable Grants; Protects Team Members and Clients; Celebrates “Financial First Responders” Holiday

Sayali Jillewar
Customers Bank, with fintech partners, has for the past several weeks been working with thousands of small businesses to take advantage of the second round of Paycheck Protection Program (PPP) loan funding. The East Coast-based super community bank, already a national SBA/government guaranteed lending leader, expanded well beyond its geographic......
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
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......
Abrigo’s New Asset/Liability Management Solution Helps Optimize Performance at Community Financial Institutions
Banking Business Fintech News

Four State Banking Associations Endorse Abrigo’s PPP Loan Forgiveness Solution

Fintech News Desk
Four state and regional banking associations announced their endorsement of Abrigo’s Paycheck Protection Program (PPP) Forgiveness and Administration solution, part of the Sageworks SBA Lending solution, to aid their member banks in streamlining the loan forgiveness and administration process. Those associations include the California Community Bankers Network, Georgia Bankers Associations,......
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
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 –......
MidWestOne Bank Speeds Up SBA PPP Loan Application Submission Process With Newgen Software
Banking Fintech News

MidWestOne Bank Speeds Up SBA PPP Loan Application Submission Process With Newgen Software

Newgen Software Inc., a global provider of low code digital automation platform, announced that the Iowa-based MidWestOne Bank has processed nearly 1,000 small business loan applications in just two days, utilizing the API-based E-Tran integration capability of its lending software for the SBA Paycheck Protection Program (PPP). Read More: Analyticom Introduces......
Wolters Kluwer FRR Launches OneSumX for Risk Management in China
Banking Fintech Fintech Funding News

Wolters Kluwer Recommences Processing US PPP Loan Applications Through Financial Technology Solution

Fintech News Desk
Second Round of PPP Enables Wolters Kluwer to Build on Supporting Main Street Business Jobs  Wolters Kluwer Compliance Solutions has announced that its Paycheck Protection Program (PPP) Supported by TSoftPlus™ solution, designed to help banks, credit unions, and other local lenders support small businesses with payroll funding during the COVID-19 crisis, has recommenced processing......
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