Banks: Page 5

Leadership

Corporates As Bankers: Not a Bankable Idea

RBI has moved beyond the normal terms on promoters' eligibility and net worth and has set a minimum threshold on assets requirement and operational record

Business News

Climate Change a Problem for U.S. Banks' Investing Strategies, Finds Ceres

The environmental nonprofit and sustainable-investing advocate's analysis is based on a comprehensive definition of risk that includes a wider swath of the economy than fossil fuels.

Debt / Loans / Refinancing

New Legislation Would Grant Automatic Forgiveness of PPP Loans Under $150,000

The smallest of small businesses may be able to avoid hassling with additional documents, worksheets and payroll/tax forms.

Finance

Novelty to Necessity: The Power of Personalization in Banking

The banking sector – a bulwark against the breakdown of other industries is left to nibble from the remnants in the wake of the virus-induced global economic slowdown!

Finance

Predictive Algorithms Can Mitigate the Risk of NPAs For Banks

Monitoring the actual cash flow of the business through prudent practices is the key to move to cash flow-based lending

Legal

Which Public Companies Have Returned Their SBA PPP Loans? (Updated)

A slew of multi-million-dollar businesses have been granted government recovery funds, to much controversy. Here are the ones who've given the money back.

Debt / Loans / Refinancing

SBA Releases PPP Forgiveness Application and Makes Critical Clarifications and Documentation Requirements

There is now improved guidance on calculation methods, definitions of forgivable expenses and the documents that must be submitted with the forgiveness request.

Debt / Loans / Refinancing

Today Is Officially the Deadline for Companies to Return Their SBA PPP Loans

Businesses that received big bucks from the government stimulus fund are on the clock. And that could mean more money available for everyone else.

Debt / Loans / Refinancing

PPP Loan Developments: Only $120 Billion Left, Favorable Forgiveness Guidance from SBA and IRS Tax Pitfall

Round 2 of small-business funding is winding down, and business owners are now facing tough decisions.

Technology

What's So 'Neo' About Neo-Banking?

To a large extent, neo-banks are technology platforms that integrate with traditional banks through open APIs. This makes them inherently scalable, nimble, and flexible, with the ability to innovate on product propositions and business models.

Money & Finance

PPP Is Back With $310 Billion in Additional Funding, But Small-Business Owners Must Act Fast

The new round will go even quicker, so those who missed out must choose the right bank and move immediately.

Money & Finance

How to Get Second-Round PPP Funds as a Sole Proprietor

It's finally time for Schedule C applicants to vie for Paycheck Protection Program money.

Legal

$205 Billion of the $350 Billion Appropriated for PPP Loans Has Been Claimed

Many small-business owners have yet to even apply and worry that funds will run out.

Legal

How to Submit Your SBA PPP Loan Application and Calculate the Loan Amount

Getting a bank to take your app and tabulating the total should be your biggest concerns.

Money & Finance

A Beginner's Guide to Qualifying for an SBA Loan

Know what you're getting into before you start the process.