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Newsday | May 04, 2020
Eleven public companies on Long Island have secured Paycheck Protection Program loans totaling more than $36 million and sustaining the salaries of about 2,200 workers, according to a Newsday review of securities filings. Some of the companies are still operating because they make essential products such as coronavirus diagnostic tests, scientific equipment and components for military aircraft. Forty-five percent made money last year and 55% did not. The group’s PPP loans ave...
Winrock International | June 23, 2020
Winrock International is providing small businesses in Phillips County with one-on-one guidance on how to navigate funding available through recent federally-approved programs. With only a fraction of the more than 200,000 small businesses in Arkansas applying for funding offered through the Small Business Administration (SBA) and other federal agencies, Winrock hopes to ensure that Phillips County’s small business owners can access federal resources. With funding from the Walton Family Fo...
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...
GlobeNewswire | August 11, 2020
nCino, Inc. (NASDAQ: NCNO) today announced that $18.2 billion-asset Seattle-based WaFd Bank has deployed the nCino Bank Operating System to increase and digitize its commercial lending efficiency and improve the client experience. WaFd was also able to utilize nCino for SBA loan processing to assist small businesses through the coronavirus pandemic as a result of the platform’s agility. The bank worked with management and technology consulting firm West Monroe to implement nCino’s cl...
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