If your company took out a Paycheck Protection Program (PPP) loan to get through the pandemic, forgiveness just got easier, thanks to a new SBA portal. The U.S. Small Business Administration (SBA) has launched the new portal for businesses to apply for direct forgiveness of PPP loans. It enables borrowers to bypass SBA’s Form 3508S […]
Community banks emerged as important partners during the COVID pandemic. And a new report from the Independent Community Bankers of America ranks them. The 2021 List of Top Lenders tapped FDIC data to assign banks a score. It combines the average of the bank’s percentile rank for lending concentration and for loan growth over the […]
You have another reason to hope the economy doesn’t fall into a global recession: Turns out one in three banks wouldn’t survive such a downturn.
Today, your finance team must do more than ever before to ensure that company money stays where it belongs. Payment fraud just spiked to a new high. A staggering 82% of companies said they were hit last year, according to the new 2019 AFP Payments Fraud and Control Survey. Of course, you encourage your team […]
Granted you probably won’t love your company’s banks every minute of every day. But is your financial institution notorious for making its customers unhappy?
The new paid family and medical leave business credit may be a huge opportunity for your firm, but there’s some key info you need to know before you jump in.
Offering mobile remote deposit capture (mRDC) isn’t a stand-out feature for banks any longer.
Employers now have a bit more clarity when it comes to determining how to calculate the maximum amount of a participant’s 401(k) loan if they have taken out prior loans during the same plan year.
Good news for Finance: At least for a little while, IRS is holding off on new rules and guidance, meaning no big changes are currently in store.