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FintechUSANews Roundup
·May. 26, 2020

SBA Issues New Guidelines for PPP Loan Forgiveness

Late last Friday the SBA and Treasury issued more guidance for the Paycheck Protection Program; the latest interim final rule...
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News RoundupFintechUSA
·May. 1, 2020

The Federal Reserve Expands Access to the PPP Liquidity Facility

Late yesterday the Federal Reserve announced that it was expanding access to the PPP Liquidity Facility to allow additional lenders;...
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FintechUSANews Roundup
·Apr. 28, 2020

Round Two of PPP Loan Program Off to Rocky Start

Yesterday round two of the PPP loan program kicked off after Congress allocated an additional $310 billion to the program;...
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News Roundup
·Apr. 14, 2020

A Firsthand Account of a Paycheck Protection Program Loan Application

Like millions of other businesses here at LendIt Fintech we have been impacted dramatically by the coronavirus. We have had...
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News RoundupFintechUSA
·Apr. 10, 2020

SBA Disaster Loan Program Running out of Money as Problems Mount

The Small Business Administration has been at the center of the Trump administration’s plan to help SMBs survive as the...
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News RoundupFintechUSA
·May. 22, 2020

Pandemic Bound to Change SMB Lending Market

Small businesses have always had a hard time keeping track of cash flow and banking while trying to run their...
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USANews RoundupFintech
·Apr. 30, 2020

Treasury and SBA Temporarily Disallow Loan Applications From Big Banks to Focus on Small Lenders

On Wednesday the Treasury and Small Business Administration shared that they would prevent big banks from using the loan portal...
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USANews RoundupFintech
·Apr. 22, 2020

SBA Data Breach Impacts 8,000 Small Businesses

The Small Business Administration recently started contacting applicants who applied under the Economic Injury Disaster Loan program to inform them...
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FintechUSANews Roundup
·Apr. 10, 2020

Online Lenders Play a Waiting Game With the PPP

The online lending industry has been ready, willing and able to help American small businesses with the Paycheck Protection Program...
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News RoundupFintechUSA
·Apr. 9, 2020

Fintech Lenders Can Finally Apply to be Part of the PPP

It has been ten days since we learned that fintech lenders would be authorized to make loans for the Paycheck...
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