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Santander to apply for slice of RBS small business lending funds, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 17th, 2018

Small Business Administration readies $16B in relief funds for live venues

Starting April 8, live event businesses like museums, music clubs or independent movie theaters may apply for grant relief funding from a $16 billion program, the Small Business Administration announced Friday. “For museums, music venues, per.....»»

Category: topSource: bizjournalsMar 20th, 2021

Chuck Schumer suggests Congress could vote on $900 billion stimulus package on Sunday after lawmakers break stalemate on Fed lending

The package is expected to include $600 stimulus checks, $300 federal unemployment benefits, funds for vaccine distribution, and small business aid. Senate Minority .....»»

Category: smallbizSource: nytDec 20th, 2020

SBA regional director: New PPP funds will run out fast, despite slow start

The Small Business Administration expects the second round of Paycheck Protection Program funds to run out faster than the first round — so don't wait to apply......»»

Category: topSource: bizjournalsApr 27th, 2020

The Government’s Small Business Loan Program Is Lending Money Again. Here’s How to Apply

Everything small business owners need to know about the renewed Payroll Protection Program (PPP)......»»

Category: topSource: moneycentralApr 24th, 2020

The Government’s Small Business Loan Program Is Lending Money Again. Here’s How to Apply

Everything small business owners need to know about the renewed Payroll Protection Program (PPP)......»»

Category: topSource: moneycentralApr 24th, 2020

The Government’s Small Business Loan Program Is Lending Money Again. Here’s How to Apply

Everything small business owners need to know about the renewed Payroll Protection Program (PPP). Thuy Pe.....»»

Category: topSource: timeApr 24th, 2020

Key Words: ‘It’s a complete abomination’ says Wall Street money manager about hedge funds applying for bailouts from small-business recovery funds

The Bloomberg News article makes the case that hedge funds, which tend to charge 2% fees for managing other people’s money and take 20% of the profits from their bets, are enticed by the roughly $350 billion recovery package......»»

Category: topSource: marketwatchApr 14th, 2020

The Paycheck Protection Program: Uncertainty Reigns

A week into the U.S. government's unprecedented $349 billion lending program, many embattled small-business owners still don't know when their funds will arrive......»»

Category: topSource: moneycentralApr 12th, 2020

With rare SBA license in hand, nonprofit Arkansas Capital will fund startup loans in Missouri

The SBA hasn't awarded a small business lending company license in 40 years. One of the three recent recipients plans to set up shop in Missouri......»»

Category: topSource: bizjournalsApr 23rd, 2024

Energize Colorado boosts local economy with $14M in lending to small businesses

In a game-changing move for the state’s economy, Energize Colorado announces it has injected $14 million in low-interest loans to over 300 local small business owners across various industries, supporting a sector that is the backbone of the stat.....»»

Category: topSource: bizjournalsApr 20th, 2024

Strategies: What women-owned small businesses need to know to about digitizing their business

Until 1988, women needed a male relative to co-sign to apply for a business loan. Today, according to the Small Business Administration, there are more than 13 million women-owned businesses. I’ve spent my entire career working with small busin.....»»

Category: topSource: bizjournalsApr 15th, 2024

Data Dive: Sacramento businesses received $28.7M in statewide Covid relief grants

Small businesses and nonprofits in the Sacramento area received 2,803 grants totaling more than $28 million in funds from the first two rounds of the California Small Business Covid-19 Relief Program......»»

Category: topSource: bizjournalsMay 1st, 2021

American Express investing $40 million in small-business support organization

American Express Corp. said it's investing $40 million in the Accion Opportunity Fund to support small-business lending. The New York-based financial giant (NYSE: AXP) said its investment is the largest ever to the fund, which serves a client b.....»»

Category: topSource: bizjournalsApr 21st, 2021

Biden signs PPP small-business aid extension into law one day before it was set to expire

Small businesses can now apply for aid from the Paycheck Protection Program through May 31, and applications will be processed through June 30. President Joe Biden. AP Photo/Evan Vucci Biden .....»»

Category: personnelSource: nytMar 30th, 2021

The PPP deadline is poised to be extended. Here"s how long small businesses have to apply.

Small business advocacy groups and lenders have pushed for an extension for weeks......»»

Category: topSource: bizjournalsMar 25th, 2021

Fed extends small business aid lending program by 3 months

The Paycheck Protection Program itself is expiring March 31, but its liquidity facility will run through June. That will help small fi.....»»

Category: worldSource: nytMar 8th, 2021

Bank of America opening branches, expanding small-business lending in NE Ohio

The bank also is expanding its business banking in Ohio......»»

Category: topSource: bizjournalsMar 1st, 2021

SBA guidance on how to apply for more PPP funds: How to get the most assistance out of the most difficult time

To provide additional assistance to small businesses, The Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Economic Aid Act or Act), signed into law on .....»»

Category: topSource: bizjournalsMar 1st, 2021

NerdWallet: PPP loan forgiveness for small businesses: What’s eligible, when and how to apply

Here's a guide to help business owners better understand the daunting process of applying for PPP loan forgiveness......»»

Category: topSource: marketwatchFeb 1st, 2021

McDonald’s, Subway and other franchises got $15.6 billion in small-business funds

In total, SBA identified 75,746 franchise businesses that received loans under the small-business pandemic loan program......»»

Category: topSource: washpostJan 28th, 2021