Tag : Paycheck Protection Program

Fulton Bank Releases First Corporate Social Responsibility Report Focused on Changing Lives for the Better
Banking Fintech News

Fulton Bank Releases First Corporate Social Responsibility Report Focused on Changing Lives for the Better

Fulton Bank, the banking subsidiary of Fulton Financial Corporation, released its first Corporate Social Responsibility (CSR) report showcasing how the company is meeting its mission of changing lives for the better. From driving economic development and revitalization in local communities to helping people in underserved populations own homes and start businesses,......
MainStreet Bank Named Outstanding Large Business by Dulles Regional Chamber of Commerce
Banking News

MainStreet Bank Named Outstanding Large Business by Dulles Regional Chamber of Commerce

Fintech News Desk
Galaxy Award Recognizes Bank’s Community Focus and Support for Local Businesses MainStreet Bancshares, Inc., announced that its subsidiary MainStreet Bank has been honored as the outstanding large business of the year by the Dulles Regional Chamber of Commerce. The $1.7 billion-asset bank received the civic organization’s Galaxy Award, which recognizes 2021’s outstanding......
Centime Announces Strategic Integration with Sage Intacct, Expanding Its Ecosystem for Enhanced Financial Management
Fintech News

Centime Launches Comprehensive Cash Flow Control Solution for Small and Mid-Sized Businesses

Fintech News Desk
Boston-based fintech partners with First National Bank of Omaha (FNBO) to develop SaaS solution to manage key aspects of cash flow control lifecycle: forecasting, managing receivables and payables, and obtaining credit Centime, a Boston-based fintech, launched Cash Flow Control: a first-of-a-kind solution purpose built to help small and mid-sized businesses control and......
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
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......
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
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......
Capital Bank Drives Clean Energy Initiatives with Montgomery County Green Bank Partnership
Banking News

Capital Bank Drives Clean Energy Initiatives with Montgomery County Green Bank Partnership

Fintech News Desk
Capital Bank, N.A. has a long tradition of supporting the community in Montgomery County, Maryland. Its partnership with Montgomery County Green Bank is no exception. Today, Capital Bank announced a new relationship with Montgomery County Green Bank, a publicly-chartered nonprofit dedicated to driving clean energy for business owners in the region......
Ramon Looby Marks Inaugural Year as Maryland Bankers Association CEO
Finance News

Ramon Looby Marks Inaugural Year as Maryland Bankers Association CEO

Fintech News Desk
COVID recovery, financial inclusion among key initiatives This week, Ramon Looby marks his first year as CEO and President of the Maryland Bankers Association (MBA). During his tenure, Looby has overseen the growth of the organization as well as the expansion of services to members. In particular, Looby points to......
Customers Bank Rebrands Signaling Future Opportunities
Banking Blockchain News

Customers Bank Rebrands Signaling Future Opportunities

Fintech News Desk
Customers Bank, a digital-forward top 100 bank in the nation with $20 billion in assets, experienced exponential growth over the last two years as a result of participating in approximately 347,000 Paycheck Protection Program loans with an aggregate value of $10 billion and the launch of its blockchain-based real-time payments......
Cross River Acquires Leading Small Business Software Provider Betterfin, Expanding its Full Suite of Offerings
Fintech News

Cross River Acquires Leading Small Business Software Provider Betterfin, Expanding its Full Suite of Offerings

Fintech News Desk
Deal bolsters Cross River’s already robust technology infrastructure and advances lending-as-a-service solutions for technology partners and small businesses across the country Integrating Betterfin’s technology from its financing management tool will enable Cross River, a leading originator of SBA 7(a) loans, to leverage its technology stack to further scale and accelerate......
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
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......
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