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Many Financial Institutions Missed Out on the SBA PPP Loans— and Lack of Technology Could Be to Blame

on Mon, Apr 27,2020 @ 11:25 AM | By Kristina Quinn | Small Business Lending digital banking SBA PPP
A few weeks ago, Congress authorized $349 billion in payroll protection for small businesses. Unfortunately, many financial institutions and their small business clients walked away empty-handed. One reason for this? An inadequate technological infrastructure. Simply put, a lot of banks and credit unions didn’t have the required SBA PPP loan processing software they needed to handle loan applications.
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Fed Updates Paycheck Protection Program. MeridianLink Helps NOW

on Thu, Apr 09,2020 @ 02:30 PM | By Mark Gleason | community banks credit unions SBA PPP
This morning the Federal Reserve made further unprecedented moves to bolster the economy and provide security to banks and credit unions participating in the Paycheck Protection Program (PPP). Financial institutions need to act right now, for the good of the communities they support and for their own stability and bottom lines.
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ALL LPQ Clients Can Accept SBA PPP Loan Applications [Webinar Recording]

Below is the recording of our latest webinar: ALL LPQ Clients Can Accept SBA PPP Loan Applications NOW! presented by Paul Forrest, VP of Sales Engineering at MeridianLink. This webinar is part of a webinar series is designed to assist our clients and the industry at large in navigating these challenging times. To review all of the past webinars and to stay informed of the future webinars, click here. 
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