Category: Loans

New guidance on SBA loans means most startups are still excluded from $349 billion stimulus
, ,

New guidance on SBA loans means most startups are still excluded from $349 billion stimulus

Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during the COVID-19 epidemic, but most venture-backed companies are still not covered. Late Friday night, the Treasury Department updated its rules regarding the “affiliation” of private…

Read More
Bankera Loans Introduces the Lowest Loan Minimum on the Crypto Lending Market
, ,

Bankera Loans Introduces the Lowest Loan Minimum on the Crypto Lending Market

Ever since Bitcoin’s conception, the financial industry has faced unprecedented and unpredictable changes that have had a significant effect on the market as a whole. One of the most intriguing concepts to rise out of this influx of innovations is the market of crypto-backed loans. Piggybacking on an enormous cryptocurrency buzz during the last quarter…

Read More