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www.prnewswire.com | April 20, 2020
By the time the federal Paycheck Protection Program (PPP) ran out of money this week, Maryland-based Capital Bank, N.A., had been able to help 597 small-business PPP applicants get Small Business Administration (SBA) authorization for federal aid totaling over $173 million. All but a few of those small businesses are here in the DMV region. The Bank anticipates having the required loan closing and booking details to fund the loans wrapped up in about a week. "We of course hope Congress appr...
FINANCE, BUSINESS STRATEGY
SurePayroll | July 20, 2022
SurePayroll, a leading provider of small business payroll and HR solutions, and FreshBooks, a leading cloud accounting software, today launched a system integration that enables FreshBooks and SurePayroll users to automatically synchronize payroll expenses and liabilities to their FreshBooks account. The application program interface (API), eliminates manual entry, saving clients time and improving recordkeeping accuracy by automatically transmitting general ledger information once payroll proce...
TECHNOLOGY
Exela Technologies | March 15, 2022
Exela Technologies, Inc. (“Exela” or “the Company”), a global business process automation (BPA) leader, announced today its launch of ExelaPay, entering the market as a 3rd party payment processor with the acquisition of all operating assets of Corduro, Inc., an omni-channel, full-stack processing, commerce, and engagement platform. Corduro delivers integrated payments, pay-by-link, intelligent routing, and digital wallet capabilities, enabling any size organization to tr...
FINANCE
Lendsmart | December 06, 2021
Lendsmart, an AI-driven digital lending platform, today announced its partnership with Breakout Capital, a leading small business lender that provides simple, straightforward working capital solutions to small businesses.Breakout Capital has integrated with Lendsmart’s Loan Management System, which to date, has processed over 15,000 loans. With Lendsmart’s lending technology, Breakout Capital can offer borrowers one end-to-end digital experience that brings experts and advisors toget...
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