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SMALL BUSINESS ADVICE

Next Insurance | December 14, 2020

Next Insurance, the main digital insurtech company changing small business insurance, today reported that it has finished the acquisition of Juniper Labs, an imaginative supplier of elective open information and endorsing innovation zeroed in on small businesses. Together, Next Insurance and Juniper Labs will keep on creating improved AI abilities and apparatuses to reinforce the omni-channel client experience. This is Next Insurance's first securing and follows the end of its $250 million S...

Mnuchin | April 29, 2020

The United States will audit government-backed loans intended to relieve small businesses hit by the coronavirus to ensure they weren't taken out by large companies, Treasury Secretary Steven Mnuchin said on Tuesday, April 28. The Paycheck Protection Program (PPP) was part of a $2.2-trillion stimulus package passed by Congress late in March to blunt the pandemic's impact on the economy, and is supposed to lend money to businesses with fewer than 500 employees. But the initi...

FINANCE

Abrigo | May 21, 2022

Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, announced an alliance with Validis, a secure data ingestion platform that pulls clients' financial information in real-time, standardized for easy consumption. This partnership will allow financial institutions to extract general ledger data quickly and efficiently. With Validis, banks and credit unions can go from application to spreading financials to deciding on loans without leaving Abrigo...

Crain's Cleveland Business: Homepage | March 26, 2020

Getting the $350 billion in loans for small businesses in the record U.S. stimulus package into business owners' hands before a wave of closures will strain the nation's network of lenders and regulators as never before. The magnitude of the plan is unprecedented for the Small Business Administration, an agency that distributed $28 billion in fiscal year 2019 and is in charge of the program. Some small-businesses groups that had advocated for immediate help in the form of cash grants are...