iLOTTE

PYMNTS.com | March 04, 2020

Kabbage, which works with business analytics, has launched a new program that promises to help small- to medium-sized businesses (SMBs) calculate and predict cash flow and help them identify cash surpluses and deficits, according to a press release. The new program, Kabbage Insights, aims to address “one of the most vexing problems faced by small business owners,” according to the release, and comes after the company’s other recent launch of Kabbage Payments, which also works w...

BBVA | May 27, 2020

BBVA USA has funded approximately $3.3 billion small business loans in less than 60 days, processing more than 22,000 applications and impacting approximately 360,000 jobs through its efforts in the Small Business Administration's (SBA) Paycheck Protection Program (PPP), the bank announced today. For context on the size of the bank's commitment to the PPP, the bank's total SBA 7(a) loan originations for the fiscal year ending Sept. 30, 2019 were 259 loans totaling nearly $270....

Finance

bank of america | September 06, 2022

Bank of America today announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain Black/African American and/or Hispanic-Latino neighborhoods in Charlotte, Dallas, Detroit, Los Angeles and Miami. The Community Affordable Loan Solution™ aims to help eligible individuals and families obtain an affordable loan to purchase a home. The Community Affordable Loan Solution is a Special Purpose Cr...

Foxquilt Inc. | July 08, 2020

Today, Foxquilt, a leading Insurance Technology company, announced it has raised $3.5M in seed funding. The COVID-19 crisis has illuminated the value of community and accelerated the need for businesses to adopt digital solutions, transcend innovative offerings and empower their customers. Foxquilt is using their recent $3.5M seed round to continue innovating technology and data science that will provide small businesses with tailored insurance at significant savings. Foxquilt empowers small bus...