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Fintechs working with lenders and small businesses explain the pain points of PPP

Portfolio company Ocrolus is powering lenders by digitally analyzing documents at scale, allowing the efficient PPP underwriting process.  

“There seems to be a pain point in every step of the way,” said Ethan Schwarzbach, head of business development for Ocrolus. “And that’s not to criticize anything, it’s more just the way things are. When you have to spin up a program like this so quickly and with such an amount of capital and, I would say, lack of guidance, that’s a big problem.”

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portfolio news, ppp