Florida-based digital and core banking solution provider Nymbus has launched a new programme to help financial institutions faster process the loans US government is entrusting them to distribute to small businesses as part of its coronavirus relief package. Businesses can apply through a portal link As part of the $2 trillion Coronavirus Aid, Relief and Economic Recovery (CARES) Act, US president Donald Trump has set aside $349 billion for Small Business Administration (SBA) ‘Paycheck Protection’ loans. These are designed to help millions of Americans employed by small businesses with under 500 employees. These loans provide each small business a loan…
Nymbus launches loan processing system for US banks to deliver COVID-19 relief
Nymbus launches loan processing system for US banks to deliver COVID-19 relief
