Abrigo

APRIL 2, 2020

Key Takeaways Elderly persons are more susceptible to fraud during crises like the coronavirus pandemic. The BBB Senior Medicare Patrol issued a COVID-19 Consumer Tip Sheet to protect potential targets of these scams. Train your frontline staff to recognize the red flags of potential elder financial abuse. As the coronavirus pandemic takes a powerful hold on the United States, illicit activity such as cybercrime, check fraud, and other scams are rapidly increasing and is expected to continue th

Cybersecurity 134

Cybersecurity Transactions 134

Fundera

APRIL 2, 2020

Best Business Credit Cards for the Coronavirus Outbreak. U.S. Bank Business Platinum . Chase Ink Business Unlimited. Capital One Spark Cash Select for Business. Brex Card for Startups. Capital One Spark Classic for Business. Millions of small businesses are experiencing an unparalleled cash crunch at the moment due to the impact of the coronavirus outbreak.

Credit Scoring 90

Credit Scoring Small Businesses Transactions 90

Pactola

APRIL 1, 2020

Most of my days this week are filled with calls from lenders and borrowers who do not know what to do about their business and what help is available. I am sure this is common thing that takes up most of the time throughout your days now. One borrower I spoke with today said that a few months ago, if you would have said what we were facing in the world today, he would have said it was a good science fiction story!

Credit Unions 40

Credit Unions Small Businesses 40

GoCardless

MARCH 30, 2020

with Catherine Birkett, CFO, GoCardless

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52

Abrigo

APRIL 3, 2020

Key Takeaways The SBA has provided guidance for lenders to apply to become PPP lenders. It has provided instructions for lenders that are not active SBA lenders.and those that have a form 750. The SBA is also offering guidance on signing up for E-Tran. This summary recaps the latest guidance (April 3, 2020) from the SBA regarding how lenders who aren’t already SBA 7(a) lenders can become a PPP lender.

Credit Risk 78

Credit Risk 78

Fundera

MARCH 28, 2020

We are currently living through unprecedented times as the spread of COVID-19 affects individuals and businesses across the globe. While most businesses, with the exception of essential industries, have shifted to working from home , it’s more important than ever to have an office cleaning checklist to keep employees who do have to go into work safe and healthy.

Small Businesses 90

Small Businesses 90

GoCardless

MARCH 31, 2020

Want to learn how to make financial projections for small business? Here’s how.

Small Businesses 40

Small Businesses 40

Abrigo

APRIL 1, 2020

Key Takeaways E-Tran is the SBA's application portal Lenders have two options to access E-Tran. While significantly more efficient than mailing forms to the SBA, there are some shortfalls to E-Tran, and a vendor can help. Financial institutions are gearing up for an influx of loan applications due to the Payment Protection Program (PPP), which could begin seeing applications as soon as Friday, April 3.

Credit Risk 78

Credit Risk Small Businesses 78

Fundera

APRIL 3, 2020

Where to Apply for PPP Loans. National Banks. Regional and Local Banks. Credit Unions and Non-Bank Lenders. The Payroll Protection Program (PPP) officially launched on Friday, April 3. This new loan program from the federal government is designed to help small business owners affected by the coronavirus pandemic obtain funding to cover payroll, rent, and other obligations.

Credit Unions 94

Credit Unions Small Businesses 94

Abrigo

MARCH 31, 2020

Key Takeaways The Small Business Administration (SBA) and Treasury Department released information on how lenders can become eligible to originate Paycheck Protection Program loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Starting April 3, small businesses and sole proprietors can begin applying for the CARES Act’s PPP loans.

Credit Unions 78

Credit Unions Credit Risk Small Businesses 78

Fundera

MARCH 29, 2020

It’s a good rule of thumb for every business to have some form of business insurance , no matter their industry or size. For some businesses though, especially those that work with other businesses or clients, they’ll need to provide proof of their coverage, known as a certificate of insurance (COI). . If you’re giving clients advice, working on their property, or even just providing them with a specific technology, they’ll want to know that you’re covered for any potential liabilities arising o

Deductions 71

Deductions Small Businesses 71

Fundera

MARCH 31, 2020

The coronavirus outbreak has halted life as we know it, and rendered millions of businesses around the country inoperable and unprofitable. It has sent small business owners scrambling to review their insurance policies, to see if business interruption insurance will cover coronavirus-related losses. . Business interruption insurance or coverage, also known as business income insurance, is typically part of a larger business insurance package that includes property and liability coverage.

Insurance Companies 59

Insurance Companies Small Businesses 59

Fundera

APRIL 2, 2020

There are many pros associated with becoming a freelancer. You’re your own boss, you set your own schedule, and you decide which clients you’ll work with—just to name a few. However, a not-so-great part of freelancing is that you’re responsible for a lot of out-of-pocket expenses, including finding and paying for business insurance. That’s not to say these expenses should be a dealbreaker.

Deductions 52

Deductions Insurance Companies 52

Fundera

APRIL 1, 2020

As COVID-19 continues its spread across the globe, a chief concern among employers and employees alike is sick leave. Numbers as recent as March 2019 show that nearly a quarter of American workers had no access to paid sick leave benefits. This has quickly become a major concern, as the CDC’s first step for those who feel sick is to stay home in order to prevent the spread of the virus.

Small Businesses 52

Small Businesses 52

Fundera

MARCH 30, 2020

Oftentimes, entrepreneurs will start their own business after working in the industry for years, gaining experience and a network of contacts and potential clients to help launch their new venture. That wasn’t the case for Suits & Sandals. . This creative agency was started on the campus of SUNY Purchase by two friends with a few web design classes under their belt and a ton of ambition.

Small Businesses 52

Small Businesses 52

Fundera

MARCH 31, 2020

Best Free Invoicing Software for Small Business. Invoice Ninja. Wave Invoicing. Zoho Invoice. PayPal Invoicing. Square. As a small business owner or freelancer, there are probably some aspects of your job you like more than others. While it’s great to be your own boss, set your schedule, and choose what projects you’ll take, it also means handling all your admin on your own, from accounting to taxes and more.

Small Businesses 40

Small Businesses Credit and Collections Transactions 40

GoCardless

MARCH 30, 2020

Learn everything you need to know about TARGET2 with our comprehensive guide.

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40

GoCardless

MARCH 30, 2020

What is a good debt-to-equity ratio? Get the lowdown with our simple guide.

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40

GoCardless

APRIL 3, 2020

Find out everything you need to know about trade receivables, right here.

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40

GoCardless

APRIL 3, 2020

What is contribution margin? Check out our guide for more information.

40

40

GoCardless

APRIL 3, 2020

Find the best payment gateway for your company with our handy guide.

Small Businesses 40

Small Businesses 40

Fundera

APRIL 1, 2020

Blind hiring is any step hiring managers take to hide information about a job candidate so that the information doesn’t bias a hiring decision. . Also called blind recruitment, the idea is that hiring managers should focus only on the information on a candidate’s resume that is relevant to a given job (prior work experience). . Other information, like a candidate’s name, college, address, hobbies, and volunteer work, can reveal information about the candidate’s gender , race, income level, age,

Small Businesses 52

Small Businesses 52

Abrigo

MARCH 28, 2020

Key Takeaways Financial institutions hoping to help small businesses land an SBA 7(a) loan through the Paycheck Protection Program should act now to prepare for customers seeking help due to the coronavirus crisis. The SBA is drafting guidance, but banks and credit unions can still learn many of the Paycheck Protection Program details and if needed, make plans to apply for SBA lender status.

Credit Unions 88

Credit Unions Credit Risk Credit and Collections Small Businesses 88

Abrigo

MARCH 30, 2020

Key Takeaways The CARES Act and its $349 billion Paycheck Protection Program give financial institutions a tremendous opportunity to help small businesses in their communities access much-needed capital during the coronavirus crisis. Numerous SBA loan programs will provide assistance to small businesses and self employed workers. The SBA will be updating the needed forms for the Paycheck Protection Program.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

Fundera

APRIL 3, 2020

In the span of a few months, coronavirus has disrupted the economies of countries everywhere. Businesses and workers alike are struggling to keep up. . Freelancers, especially, are faced with unexpected challenges that may harm their livelihoods. With freelancers comprising 35% of the U.S. workforce , they’re bracing themselves for the worst. . Gigs are getting canceled.

Medical Billing 52

Medical Billing Credit and Collections Deductions Small Businesses 52