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NEXT Insurance | October 23, 2021
NEXT Insurance, the leading digital insurtech company transforming small business insurance, today announced the availability of NEXT Connect, a trusted embedded insurance solution for some of the leading small business software ecosystems in the U.S. NEXT Connect enables small businesses to purchase fast and affordable coverage in a way that is convenient for them, either completely online or with the assistance of a licensed insurance agent. In addition, it provides an unmatched opportun...
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...
The Paypers | April 07, 2020
Kabbage has announced it is collaborating with Facebook to help small businesses connect with local customers to generate income during the COVID-19 crisis. Small businesses can sign up on www.helpsmallbusiness.com to sell online gift certificates through Kabbage PaymentsTM and choose to automatically list them on Facebook. They can discover more ways to support their business through Facebook’s Business Resource Hub. Facebook will surface gift-certificate offers from participating local b...
KBRA | September 07, 2022
KBRA releases research on the small business loan asset-backed security (ABS) sector, with a special focus on online small business loan ABS, which KBRA defines as deals where the collateral pool consists of assets with an initial receivable balance of $1 million or less. Small businesses saw their revenues drastically curtailed or even ceased permanently due to the COVID-19 pandemic. To alleviate some of the fallout, the U.S. government provided stimulus money through Paycheck Protection Progra...
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