small business loans

PPP Reopens With $284B for Small Business Loans
Credit & Capital

PPP Reopens With $284B for Small Business Loans

The revamped COVID-19 relief program also allows some companies to apply for a second draw of up to $2 million.
By Matthew Heller | January 11, 2021
Read More
Congress Includes PPP Extension in New Relief Bill
Credit & Capital

Congress Includes PPP Extension in New Relief Bill

PPP borrowers will also be able to deduct expenses paid for with their loans, reversing an earlier IRS decision.
By Matthew Heller | December 21, 2020
Read More
New Bill Offers Second Loans to PPP Borrowers
Credit & Capital

New Bill Offers Second Loans to PPP Borrowers

“Congress must once again act urgently to support our most vulnerable small businesses through this crisis."
By Matthew Heller | June 19, 2020
Read More
Amazon, Goldman to Offer SMB Credit Lines
Credit & Capital

Amazon, Goldman to Offer SMB Credit Lines

In a marriage of tech and Wall Street, sellers on Amazon will be eligible for credit lines of up to $1 million from Goldman Sachs' Marcus brand.
By Matthew Heller | June 11, 2020
Read More
SBA Clarifies PPP Loan Guidelines Amid Uproar
Credit & Capital

SBA Clarifies PPP Loan Guidelines Amid Uproar

New guidance from the SBA comes after a public outcry over large companies receiving hundreds of millions of dollars in loans.
By Matthew Heller | April 23, 2020
Read More
Why Shake Shack is Returning $10M Government Loan
Credit & Capital

Why Shake Shack is Returning $10M Government Loan

The burger chain has faced operating losses of over $1.5 million each week amid the COVID-19 lockdown.
By Lauren Muskett | April 20, 2020
Read More
Banks Brace for Crisis Loan Program Rollout
Credit & Capital

Banks Brace for Crisis Loan Program Rollout

Lenders fear the launch of the $350 billion program could be "a disaster that could dwarf the failed kickoff of the Obamacare enrollment web site in 2013."
By Matthew Heller | April 3, 2020
Read More
Intuit Launches Small-Business Loan Service
Technology

Intuit Launches Small-Business Loan Service

The software company is aiming to leverage the data it collects from QuickBooks to make working-capital loans of up to $35,000.
By Matthew Heller | November 7, 2017
Read More
California Leads the Way in Alternative Lending
Credit

California Leads the Way in Alternative Lending

Alternative lenders made $15.9 billion in U.S. loans in 2014, with California transactions increasing by 936% since 2010.
By Katie Kuehner-Hebert | April 8, 2016
Read More
Easing Street
Risk

Easing Street

Bank's credit underwriting standards loosened considerably in 2014, especially among commercial loan products, says the OCC.
By Vincent Ryan | December 17, 2014
Read More
Small Businesses Left Out of Lending Spree
The Economy

Small Businesses Left Out of Lending Spree

The amount of small business loans held on banks' books is stagnating and is still 18% below the peak dollar volume, which occurred in 2008.
By Iris Dorbian | August 19, 2014
Read More
As Banks Loosen Underwriting, Credit Risk Rises
Growth Companies

As Banks Loosen Underwriting, Credit Risk Rises

Examiners find U.S. banks reducing collateral requirements and loosening covenants on business loans. Particularly the highly leveraged kind.
By Vincent Ryan | January 30, 2014
Read More
The Bud Starts Here
Growth Companies

The Bud Starts Here

The banking industry has been holding out on offering lines of credit and loans to marijuana retailers in Colorado. But that may soon change.
By Alissa Ponchione | January 27, 2014
Read More