Fintech platforms like PayPal and QuickBooks could deliver small business relief funds faster than applying through your bank
Enter the fintech lenders.
Fintech services are able to fast-track their applications because they have the framework figured out — they need only to specify it to the Paycheck Protection Program . Voiles said that the PPP application through QuickBooks starts by calculating the loan amount based on the employer's payroll and could take about 10 minutes to complete. "There are some serious but very manual steps that we can skip if you happen to be a payroll customer at Intuit." In most cases, loans could get to customers' bank accounts the day after they're approved, Voiles said.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Kabbage discontinues lending operations amid the coronavirus pandemic - Business InsiderICYMI: Kabbage's decision to suspend credit could hurt customer satisfaction in the short term, but its decision is along the same lines as other lenders
Baca lebih lajut »
Unapproved lenders try to sign up borrowers for small business loansOnline lenders, or 'fintechs,' have flooded the small business loan market in recent years. Now some want a piece of the new SBA coronavirus loan program.
Baca lebih lajut »
Mark Cuban: 'Banks are playing' games on loans, leaving small businesses 'out in the cold'
Baca lebih lajut »
Democrats call on Trump admin to offer guidance on small business aid programA group of two-dozen House Democrats have sent a letter asking for guidance for financial institutions on which small businesses can receive loans from the latest coronavirus relief package.
Baca lebih lajut »
Yearning for a pint? Brussels brewers deliver to homes during coronavirus lockdownYearning for a pint? With beer sales hit by the coronavirus lockdown, small Brussels breweries are offering a delivery service to the homes of thirsty customers and for some business is booming
Baca lebih lajut »
Mother's Day Gift Ideas From Small Businesses That Could Use Our Love Right NowWhen shopping for Mother's Day gifts this year, consider shopping small businesses.
Baca lebih lajut »