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JPMorgan Removes Employees Who Pocketed COVID-19 Small Business Relief Funds: FT
Thursday, September 10, 2020 - 2:48am | 400JPMorgan Chase & Co (NYSE: JPM) terminated a number of employees after an investigation revealed they improperly applied for and received loans meant to assist businesses affected by the COVID-19 pandemic, the Financial Times reported Wednesday. What Happened: The applications were said to have...
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Mark Cuban On Texas Businesses Reopening, Small Business Loans
Friday, May 1, 2020 - 4:03pm | 487Billionaire investor and "Shark Tank" personality Mark Cuban was a guest on CNBC's "Squawk Box" segment Friday to discuss the easing of the business shutdown in Texas due to the coronavirus. Texas Economy: No Reason To 'Feel Bad' Businesses in Texas were given...
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Survey Finds More Small Business Owners Are Bypassing Traditional Lenders Entirely
Friday, January 18, 2019 - 11:31am | 646Trends in home buying over the past 10 years have revealed that buyers are increasingly foregoing traditional financial institutions in favor of alternative lenders when seeking home loans and mortgages. This has become so common that six of the top ten home lenders are now non-bank entities. While...
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'Best SBA Loan Provider' SmartBiz Bolsters The Small Business Market Post-Crisis
Wednesday, January 25, 2017 - 8:06am | 633It's almost that time of year. The 2017 Benzinga Global Fintech Awards is a competition to showcase the companies with the most impressive technology that are paving the future in financial services and capital markets. To get you prepared for this year's awards, Benzinga will profile...
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The Best Small Business Loans To Grow Your Business
Wednesday, August 10, 2016 - 11:14am | 461One of the biggest challenges faced by any small business is knowing when and how to expand. Expansion requires capital, and not every entrepreneur has the access to the amount of capital needed to grow their business. Unfortunately, without growth, it can be hard to turn a profit. You can see...
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Small Businesses Turn To Online Lenders
Friday, October 2, 2015 - 12:08pm | 461The tech sector has reached into a new industry over the past year, as more firms rush to make loans to small businesses. Despite the U.S.'s recovery since the financial crisis, banks have been cautious about doling out small business loans. In 2008, banks held $711 in small business loans; that...
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Lenders Use Social Media to Determine an Applicants Credit Worthiness
Thursday, January 9, 2014 - 3:19pm | 380Lying on a loan application is not only immoral and illegal, it is now easier to discover thanks to social media sites. According to the Wall Street Journal, Lending companies are searching Facebook (NASDAQ: FB), Twitter (NYSE: TWTR), LinkedIn (NYSE: LNKD) and other sites to determine a borrower's...