A number of fintech companies -- many of them household names -- can now participate in the federal government's Paycheck Protection Program.
would flow to underserved communities that he called"banking deserts" -- counties where banks have closed since the 2008 financial collapse.
Square -- which has millions of sellers globally, with most in the U.S. -- plans to start taking applications this week, according to spokeswoman Katie Dally who told ABC News that the company sees this as a huge opportunity to help sole proprietors and independent small business owners.A pedestrian passes a business which has closed temporarily in San Antonio, Texas, March 24, 2020.
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Small business tool Square to roll out coronavirus stimulus loan applicationsSquare, the payment tool many small businesses use to process customers' credit cards, said it will begin rolling out stimulus loan applications to its customers, as part of the U.S. government's Paycheck Protection Program.
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PayPal CEO: 'Now is the time' for financially strong businesses to helpMillions of people in the U.S. don't have a bank account. One company that's aimed to help them is now eligible for the Paycheck Protection Program. The CEO of PayPal, Dan Schulman, joins Stephanie Ruhle to explain what the world could look like after things finally re-open and who could be left out.
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Big and Small Ways You Can Help Your Community During the Coronavirus OutbreakYou can do many of these things—such as donating to organizations that help low-income folks—at the click of a mouse, without even having to leave your house.
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How Hollywood's Small Businesses Can Cash In On Virus Relief LoansAs small businesses across Hollywood, and the country at large, struggle to stay afloat amid the novel coronavirus pandemic a federal relief program is providing a financial lifesaver
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Mark Cuban: 'Banks are playing' games on loans, leaving small businesses 'out in the cold'
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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.
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