4/11/2020 2:55:36 AM PayPal, Intuit QuickBooks approved to take part in coronavirus, SBA emergency loan program By Faisal Kawar PayPal and Intuit are among the first non-bank, fintech companies to be approved for the program. The SBA published guidelines for...
4/3/2020 10:06:14 PM Venture-Backed Startups Can Access SBA 7(a) Loans - See the Details By Carlos Alonso Torras Most lawyers read the affiliate provision in the CARES Act to mean that any VC-backed startup would need to affiliate with all the other...
4/3/2020 7:32:56 PM FinTech Collective creates SBA Guidance Document for portfolio companies and wider community By Carlos Alonso Torras As the government faces the monstrous challenge of rolling out $349b over the course of 3 months, we're doing our part to maintain our...
4/3/2020 7:16:58 PM Paycheck Protection Program borrower application form - up and running By Carlos Alonso Torras Use this form to apply for the Paycheck Protection Program with an eligible lender
4/3/2020 5:34:09 PM Banks stand to make billions from US small business rescue By Faisal Kawar Banks will receive processing fees, paid by the federal government, for making the loans. The fees will vary with loan size: 5 per cent...
3/27/2020 10:55:06 PM House Approves $2t Virus Relief Bill, Sends to Trump By Faisal Kawar The House approved the largest stimulus package in U.S. history Friday as part of the response to the economic crisis. The package...
3/27/2020 3:35:34 PM How small businesses can survive the coronavirus outbreak By Faisal Kawar The current crisis will put many small businesses on life support. Karen Mills, who served as the Administrator of the SBA from 2009 -...