Tag : Payroll Protection Program

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%......
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
by Fintech News Desk0
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......
DR Bank Helps Small Businesses Obtain Critical SBA Financing
Banking Business Fintech News

DR Bank Helps Small Businesses Obtain Critical SBA Financing

Fintech News Desk
by Fintech News Desk0
DR Bank has been an active participant in the SBA’s Payroll Protection Program, assisting over 250 businesses in securing financing that will help them support payroll and other critical infrastructure expenses until they are able to resume normal operations.  This interim financing will preserve over 4,300 jobs. Read More: Abrigo......
SignEasy Introduces New Features to Help SMBs Complete SBA Loan Applications Quickly and Securely
Fintech News

SignEasy Introduces New Features to Help SMBs Complete SBA Loan Applications Quickly and Securely

Fintech News Desk
by Fintech News Desk0
SignEasy, the leading eSignature solution used by over 130,000 customers  worldwide, launched a dedicated resource page, an updated iOS and Web app with a new functionality to help small and medium-sized companies download, complete and sign applications for the Small Business Administration’s (SBA) Payroll Protection Program (PPP) and Economic Injury Disaster (EIDL) loans. Read......
FINSYNC Helps Community Banks Prepare and Optimize for PPP Round 2
Banking Fintech News

FINSYNC Helps Community Banks Prepare and Optimize for PPP Round 2

Fintech News Desk
by Fintech News Desk0
Community banks prepare for the second tranche of SBA PPP loans with a “plug-and-play” FinTech solution for automating loan applications FINSYNC, Inc., a leading provider of payment technologies and cash flow management software, continues its momentum in partnering with small and local lenders to provide their business borrowers with significantly......
FINSYNC Launches Cooperative Structure to Help Community-Based Financial Institutions Compete
Banking Fintech News

FINSYNC Provides Small Lenders Immediate PPP Advantage With Plug-And-Play Solution

Fintech News Desk
by Fintech News Desk0
First Reliance Bank goes from signup to streamlined processing on the same day with FINSYNC’s free online loan application and lender’s portal FINSYNC, Inc., a leading provider of payment technologies and cash flow management software, is partnering with small and local lenders to provide their clients with significantly faster loan......
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