-
The online lender reported a hefty first-quarter loss on Thursday and said that a whopping 45% of its small-business loans are past due.
April 30 -
It's time for agencies like the Small Business Administration to stop playing catch-up and invest in state-of-the art technology.
April 30Alliance for Innovative Regulation -
The Main Street Lending Program, announced on April 9 as an option to help U.S. businesses weather the coronavirus outbreak, will be available to a wider array of companies than previously planned.
April 30 -
Submissions total about $17.8 billion in requested funding for the second round of the Paycheck Protection Program, with an average loan size of $81,000.
April 30 -
A former economist says high-ranking officials engaged in “legally risky” behavior to downplay consumer harm; online payments and contactless transactions jumped in the first quarter, and some think the new habits will stick.
April 30 -
The Small Business Administration's last-minute plan to temporarily block larger banks from the relief loan program is another example of the agency changing the rules midstream, critics said.
April 29 -
The Small Business Administration has processed more than 476,000 applications from struggling small-business owners, but lenders say access to the second round of the Paycheck Protection Program has been spotty.
April 29 -
Elected officials are better off deciding who’s most deserving of federally backed coronavirus relief funds for small businesses.
April 28 -
Fintechs in the payments industry saw problems coming when the CARES Act’s SBA Paycheck Protection Program opened the floodgates for millions of coronavirus-stricken small businesses to apply for loans.
April 28 -
Lawmakers should approve a program to distribute stimulus funds using a government-sanctioned coin, which would be speedier than the current system.
April 28Polyient Labs