Small-Business Lending Is About to Change, With Simpler Requirements
An SBA overhaul will make it easier for fintechs and other nonbank lenders to issue loans, prompting worries about defaults....
Small Business Lending
These Businesses Are Getting Hit Hard by China’s Faltering Economic Recovery
The government in Beijing has pushed banks to extend loans to small businesses, with limited success. Source link
Investors, Startups Work to Find Cash Lifelines After Silicon Valley Bank Collapse
TechVenture funds extend short-term loans amid cash crunch while some founders plan to use personal funds to cover payrolls Source...
Pandemic Loans Are Coming Due but Some Businesses Aren’t Ready to Repay
Borrowers grapple with a slower-than-expected rebound and new economic challenges. Source link
Treasury Releases Pandemic Funding for Small Businesses as They Face New Risks
A federal pandemic aid program aimed at boosting small businesses’ access to capital is getting off the ground more than...
U.S. to Spend $10 Billion to Boost Small Businesses
The U.S. is planning to hand out $10 billion to help upstart companies gain access to capital in a bid...
Low-Income Lending Rules Set for Broad Overhaul
Top U.S. banking regulators on Tuesday said they would work jointly to modernize rules governing how banks lend hundreds of...
Paycheck Protection Program Closes to New Applications
The federal government’s Paycheck Protection Program closed to new applications Friday as funding was on track to be exhausted. That...
Some Startups Went From Rescue PPP Loans to SPAC Windfalls
Thousands of venture-capital-backed startups applied for U.S. government-assistance loans when the pandemic hit. Many of them then went on to...
