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.
Fed needs to cut out banks. List as $FED on exchange, offer guaranteed dividend; raise and lower dividend as economy needs it.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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
Source: BusinessInsider - 🏆 729. / 51 Read more »
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. Greedy fucks Nope i want a piece of carole fuckin bascunts
Source: NBCNews - 🏆 10. / 86 Read more »
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. What’s your definition of guidance? I’m thinking the Democratic Party definition is do as I say or else. what about the workers of those businesses?
Source: NBCNews - 🏆 10. / 86 Read more »