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PYMNTS.com | April 06, 2020

Wells Fargo announced it will begin taking loan applications on Monday (April 6) as part of the Paycheck Protection Program (PPP) and will disperse $10 billion to nonprofits and businesses with fewer than 50 employees. The country’s fourth-largest bank said it has received a lot of interest in PPP loans since the program’s opening day on Friday (April 3). It anticipates that its loan capacity will be maxed out under the program since it is operating with the current asset cap limitat...

Daily Herald | February 12, 2020

Small business owners across Chicagoland, and the country, are entering the new decade on a high note, according to the Bank of America Business Advantage Fall 2019 Small Business Owner Snapshot, a semiannual study that explores the perspectives, aspirations and concerns of entrepreneurs around the country. The survey results indicate that a significant majority of Chicago-area small business owners and entrepreneurs are planning for growth in 2020. In fact, 80 percent say they have plans to exp...

TECHNOLOGY

Cross River | November 02, 2021

Cross River Bank, a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced the acquisition of Betterfin, a transformative financial platform that enables small business owners to access a wide range of financial products and solutions, capital markets data, and manage their own lending and cash flow processes. Following the closing, Betterfin is wholly owned by Cross River’s parent company, CRB Group, Inc. Finan...

SMALL BUSINESS TRENDS

Woligo, Assurity Life | June 29, 2021

Woligo with Assurity Life offers disability insurance in their line of personal income protection products with a digital application and underwriting process. Woligo's platform provides variety of insurance, benefits, banking, and retirement solutions to independent workers and small business owners.Individuals can easily obtain a personalised quote for disability insurance and complete a secure online application process in 10-15 minutes. About Woligo ...