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Yes, the Small Business Administration's emergency funding program for the coronavirus crisis is off to a rocky start, but that shouldn't stop banks from helping customers in need.
April 3JRK Advisors LLC -
The CEO says he is getting stronger and working remotely; if the lockdown lasts several months, the GSEs may need a bailout, FHFA head Mark Calabria says.
April 3 -
Lenders can offer deferred payments and capitalize on digital banking to help small businesses and consumers get back on their feet.
April 2 -
The pandemic may force the Small Business Administration to rely more on fintechs and digital channels to hasten loan approvals, a shift that could stick.
April 1 -
The firms say they can't handle crushing loan demand from small and medium-sized businesses.
April 1 -
Online lenders can help the agency distribute loans faster as it gets set to deploy emergency funding to small businesses.
April 1Kabbage Inc. -
Lenders and government guarantors can use loan technology to bring immediate relief to business owners, former OCC official Jo Ann Barefoot says.
April 1Alliance for Innovative Regulation -
The Treasury Department and Small Business Administration are responsible for distributing $350 billion in coming months.
March 31 -
The 2008 package proved some banks were too big to fail. But the rushed $2.2 billion stimulus shows now any company can be bailed out.
March 31Polyient Labs -
On Dec. 31, 2019. Dollars in thousands, except for average loan amount.
March 30