Tag Archives: application process

Avoid These Mistakes on Your Business Loan Application and Increase Your Chances of Approval

Access to affordable capital is essential to running a small business. Still, the business loan application process can be daunting — and approval isn’t a sure thing, even if you have good credentials. According to the Federal Reserve’s 2021 Small Business Credit Survey, 12% of businesses that needed financing but chose not to apply did […]

3 business loan application mistakes and how to avoid them

AAccess to affordable capital is essential to running a small business. Still, the business loan application process can be daunting — and approval isn’t a sure thing, even if you have good credentials. According to the Federal Reserve’s 2021 Small Business Credit Survey, 12% of businesses that needed financing but chose not to apply did […]

Eos Energy Enterprises Invited to Submit Part II Loan Application by US Department of Energy | Business

EDISON, NJ, Feb. 24 10, 2022 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of safe, scalable, efficient and sustainable zinc-based energy storage systems, today announced today that it has completed Part I of the US Department of Energy’s (“DOE”) Renewable Energy and Energy Efficiency Loan Program. To be invited […]

Eos Energy Enterprises Invited to Submit Part II Loan Application by U.S. Department of Energy

Eos Energy Enterprises, Inc. Zinc battery company to expand domestic manufacturing capabilities EDISON, NJ, Feb. 24 10, 2022 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of safe, scalable, efficient and sustainable zinc-based energy storage systems, today announced today that it has completed Part I of the US Department of […]

Eos Energy Enterprises Invited to Submit Part II Loan Application by US Department of Energy | News

EDISON, NJ, Feb. 24 10, 2022 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of safe, scalable, efficient and sustainable zinc-based energy storage systems, today announced today that it has completed Part I of the US Department of Energy’s (“DOE”) Renewable Energy and Energy Efficiency Lending Program. To be invited […]

Extended SBA Loan Application Deadline

BOWLING GREEN, Ky. (WBKO) — The deadline to apply for FEMA or a U.S. Small Business Administration loan has been extended to March 14, 2022. Tornado survivors can apply for federal assistance in person at the FEMA Disaster Recovery Center where you can file your SBA application or go ask an SBA representative questions. If […]

Luxembourg fintech Riverbank launches digital loan application process for real estate sector

Image credits: AlexanderStein/Pixabay Advancements in technology combined with customer expectations are changing the way the financial industry operates, especially lending services. According to a report by Research & Markets, digital lenders could capture nearly half of the total lending market and disburse loans worth $350 billion (about 310 billion euros) by 2023. 🏆 Meet the […]

5 Best Surrogate Agencies of 2022: An in-Depth Guide to Surrogacy Services | Paid Content | Cleveland

click to enlarge Whether you’re thinking of becoming a new parent through surrogacy or becoming a surrogate yourself, it’s vital to be educated about the best surrogate agencies out there. Surrogacy is a monumental journey for everyone involved and requires all parties to be properly informed about what it really entails. Therefore, today, we are […]

New legislation would simplify the EIDL loan application process for small businesses

The EIDL rationalization law is a bipartisan bill introduced to the US Senate to improve the Economic Disaster Loan (EIDL) application process as well as to combat fraud in the program. The goal is to simplify the process so that small businesses can get their requests answered quickly and efficiently. New legislation would simplify the […]

Sense. Risch and Hickenlooper Introduce Bill to Improve Disaster Loan Application Process

U.S. Senators Jim Risch (R-ID) and John Hickenlooper (D-CO) introduced legislation to improve the disaster loan application process and fight fraud. © Shutterstock The EIDL Streamlining Act to Improve Economic Disaster Lending (EIDL) would require the Small Business Administration (SBA) to review EIDL’s application submission process. Additionally, it would require the SBA to submit a […]

New ‘Instant Mortgage’ Product Promises 60-Minute Home Loan Approval

A major US fintech has launched a new “instant mortgage” product in the APAC region that promises to approve home loans in just 60 minutes. Silicon Valley giant FICO first launched the product in Singapore at the height of their foreclosure and reaped the rewards, with US $ 700 million (A $ 977 million) in […]

Black Knight’s Borrower Digital Point of Sale Solution Simplifies Mortgage Application Process for Borrowers

Lenders have come to appreciate the benefits that technology can bring, but those benefits are only useful if the implementation of new tools doesn’t complicate the lending process. Many mortgage lenders want to reduce the work involved in integrating third-party applications, as well as identifying other ways to better streamline their operations and improve the […]

Government changes HELB loan application guidelines

The national government is considering changing the application process for the Higher Education Loans Board (HELB). In the latest round of measures, the government seeks to ensure access for those who have been excluded from the process. In the new proposal contained in Higher Education Loans (Amendment) 2021, students without a national ID card will […]

Advantages and disadvantages to know before submitting a joint mortgage application to ICICI Bank

Key parameters taken into account when evaluating your Real estate loan ICICI Application includes applicant’s credit score, income, employment profile and stability, age and existing monthly obligations. The level of importance of these factors tends to vary from lender to lender and on a case-by-case basis, depending primarily on the credit risk matrix chosen by […]

Banking fair to borrower who couldn’t get loan approval in time for auction, ombudsman says

A borrower who applied for a home loan three days before an auction and did not receive the money in time to bid on the house he wanted had his complaint against his bank rejected. The man did not have all the information needed for the bank to process his request, and instead asked if […]

5 eligibility factors that may affect your personal loan application

ANI | Update: October 21, 2021 1:27 PM STI New Delhi [India], October 21 (ANI / NewsView): Today, one can apply for a personal loan online or instant in a few quick and easy steps since these loans are unsecured.If you meet the personal loan eligibility criteria, the instant loan could be disbursed within minutes. […]

FEMA Enrollment and SBA Disaster Loan Application Key to Hurricane Recovery

HARRISBURG, PA – Federal Emergency Management Agency (FEMA) officials are urging disaster relief seekers to complete and return U.S. Small Business Administration (SBA) loan application forms. Completing the loan application is an essential part of the disaster assistance process. It can keep the door open to all federal aid, including possible additional grants, from FEMA. […]

Real estate loan application: the documents to have in hand before making a request.

Make your mortgage application a smoother experience. Here are all the documents you need to apply for a mortgage loan This article was produced in sponsorship with Westpac Applying for a home loan is an exciting time, but the process can be overwhelming for some people. The good news? The better prepared you are, the […]

NAB Announces New Loan Terms To Boost Small Businesses

In a first for the Australian market, NAB announced today that it will provide qualifying small businesses across the country access to apply for business loans with loan terms of up to 30 years for a maximum of $ 2 million. The application process uses only digitally captured self-reported financial data and will have longer […]

Biz2Credit: Small Business Loan Approval Rates Rise at Banks in July

According to Biz2CreditAccording to the latest Small Business Lending Index, small business loan approval percentages at large banks (over $ 10 billion in assets) fell from 13.6% in June to 13.8% in July, reaching the same percentage as last July. At the same time, approval rates for small banks also increased, from 18.9% in June […]

Biz2Credit Small Business Lending Index ™ Finds Loan Approval Rates Rise at Banks, Institutional and Alternative Lenders in July 2021

Receive instant alerts for news on your actions. Claim your 1-week free trial for StreetInsider Premium here. NEW YORK, August 10, 2021 (GLOBE NEWSWIRE) – Small businesses loan approval percentages To big banks (over $ 10 billion in assets) fell from 13.6% in June 2021 to 13.8% in July, the same percentage as a year […]

Authorities warn of student loan application scam – Winchester Sun

FRANKFORT, Ky. – Attorney General Daniel Cameron and the Kentucky Higher Education Assistance Authority (KHEAA) joined forces today to alert Kentucky consumers to an identity theft scam involving student loan applications and ‘financial aid. The attorney general’s office and KHEAA have seen an increase in the number of crooks attempting to apply for student loans […]

Cameron, KHEAA alert consumers to student loan application scam E! News 40

Photo file FRANKFURT, Ky. –Attorney General Daniel Cameron and the Kentucky Higher Education Assistance Authority (KHEAA) joined forces on Monday to alert Kentucky consumers to an identity theft scam involving student loan and financial aid applications. The attorney general’s office and KHEAA have seen an increase in the number of crooks attempting to apply for […]

Rep. Banks pushes DOE to make student loan terms transparent

FORT WAYNE, Indiana (WANE) – For many Americans, student loans are their introduction to debt. Looking at the numbers nationwide, the United States reached up to $ 1.7 trillion in student loan debt by the end of 2020. Student debt is now the second largest category of debt in the world. the highest consumption in […]

A quick guide to the loan approval process

Do you want to drive a car? Own a house? Go to the University? Consolidate your debt? Finance your wedding? If you answered “yes” to any of these questions, chances are you will need to apply for a loan at some point. If you do, don’t feel bad; more than half of americans say they […]

BBK introduces loan application functionality through the BBKPLUS app

BBK introduces loan application functionality through the BBKPLUS app By Léandra Monteiro BBK, a Bahraini retail and commercial bank business, strives to present its customers with the latest technological solutions to further improve their banking experience. After the successful launch of the BBKPLUS app in July of last year, which allows customers to open accounts […]

BBK launches new loan application functionality via the BBKPLUS app

Special rates for the first 100 loans! BBK, Bahrain’s pioneer in retail and commercial banking, continuously strives to present its customers with the latest technological solutions to further enhance their banking experience. Following the successful launch of the BBKPLUS app in July of last year, which allows customers to open accounts with BBK within minutes, […]

Submitting an SBA Loan Application Could Bring More Assistance to FEMA Grants

BATON ROUGE, Louisiana – The US Small Business Administration (SBA) loan application offers many benefits to disaster survivors seeking federal assistance. An applicant who is referred to the SBA during the initial FEMA application process must complete an SBA loan application. Submitting a loan application keeps the full range of optional disaster assistance available. SBA […]

Make your personal loan approval easier with the Fullerton app

Due to the unprecedented COVID-19, global economies have been disrupted and families have been financially shattered. In these times, there is no better way to manage your finances than to resort to personal loans. Whatever your need, you can take out a personal loan and take care of your worries. Getting a personal loan has […]

CPAs urge lawmakers to extend PPP loan application deadline

What would you like to know The PPP loan application deadline is March 31st. CPAs and borrowers face “pressing” tax and compliance challenges. A decision by Biden to temporarily limit nominations has benefited women and minorities. The American Institute of CPAs urged lawmakers on Wednesday to extend the paycheck protection program application deadline by at […]

How Your Credit Score Affects Personal Loan Approval

Before resorting to personal finance, the most important factor that you need to consider is your creditworthiness. Does the term mean anything to you? Creditworthiness is determined by your credit score which is a critical factor in your Personal loan application process. You wonder how? Keep reading to find out. What is a credit score? […]

Improve Your Chances Of Loan Approval By Following 4 Simple Steps

There is no single formula for obtaining approval for a loan application. Some basic requirements such as credit score and income vary from lender to lender. Additionally, some online lenders will consider non-traditional data such as education level or free cash flow. However, all loan companies have one thing in common: they want to be […]

PPP loan application details announced

Much of the latest Covid-19 relief plan that was passed by Congress in late December was aimed at helping small businesses through another round of funding to reopen and strengthen the Payroll Protection Program (PPP) through the US Small Business Administration (SBA). PPP loans will be reserved for companies with less than 300 employees, as […]

Customers Bank opens a PPP loan application portal; Will also provide a turnkey white label solution for other lenders

Customers Bank (NYSE: CUBI), one of the country’s leading 2020 Paycheck Protection Program (PPP) lenders, began receiving applications last night for the new round of government-guaranteed loans designed to help small businesses keep their jobs with wages and health benefits. . The bank has participated in more than 100,000 PPP loans totaling more than $ […]

Nav launches PPP loan application portal for SMEs

SALT LAKE CITY, January 11, 2021 / PRNewswire / – Navigation, the smart and simple financing platform for small businesses, today launched its PPP application portal to help small businesses apply quickly for the new Paycheck Protection Program (P3) Loan Round. The Nav PPP portal simplifies and streamlines the PPP loan submission process and guides […]

What documents are required for a mortgage application?

Mortgage lenders tend to require full documentation. It is not uncommon for mortgage loan application files to exceed 100 pages by the time all requested documents have been received. With that in mind, here’s a quick guide to the types of documents you may need to produce when applying for a home loan. Note that […]

Farm Credit Mid-America Launches Online Short-Term Loan Application

LOUISVILLE, Ky. — Farmers who need short-term business loans now have a fast, easy, and competitive option with Farm Credit Mid-America. The agricultural financial services cooperative has launched a mobile-friendly online application for farmers and producers applying for short-term loans of $75,000 or less. The tool simplifies the application process, allowing farmers and operators to […]

Online loan application and financing now available in the South

South Carolina, September 25, 2020 (GLOBE NEWSWIRE) – South Carolina – Minute Loan Center has served hardworking Americans from coast to coast for more than twenty-five years through their physical locations in the Delaware, Mississippi, Missouri, Nevada and Utah. They have now expanded their services to include fully online applications, allowing consumers to apply for […]

How to Increase Your Chances of Getting Personal Loan Approval

Do these five things before you apply. (iStock) The total number of personal loans borrowed by Americans peaked at $ 162 billion in the first quarter of 2020, according to TransUnion. However, the growth rate towards the end of the quarter was also the slowest in more than two years, the credit reporting agency said. […]

Start the loan application process

Now that you have determined that you are eligible (if you are unsure, please check your VA loan eligibility), you can start the loan application process. There are six important steps to this process: finding a VA approved lender, pre-qualifying for a loan, selecting your home, writing the purchase agreement, having the property appraised by […]

How to Submit Your PPP SBA Loan Application and Calculate the Loan Amount

Opinions expressed by Contractor the contributors are theirs. Many small business owners complete their Paycheck Protection Program (PPP) loan applications and run into common questions and hurdles. The immediate question currently revolves around two issues: First, how do I work with my bank or find a bank to submit it to? And secondly, how to […]

GDS Link Announces Release of Digital Loan Application in Support of CARES Act and SBA Loans

DALLAS–(BUSINESS WIRE)–Long-time global leader in credit risk management and digital lending, GDS Link, has announced the launch of an online digital loan application for the U.S. Government Payroll Protection Program. The app will allow banks to immediately support their small business customers with a digitized lending experience, removing the need to complete a paper application […]

What are your chances of personal loan approval?

Thinking of applying for a personal loan? Here are the odds of you being approved. Personal loans can be a cost-effective way to borrow. The interest rate on personal loans is often lower than the rate you would pay on other types of debt, such as credit card debt. And you can use the personal […]

Five Factors That Affect Your Personal Loan Approval

Applying for a personal loan is generally quick and easy, as it is an unsecured financing solution. You can apply online in minutes. However, lenders grant the loan based on certain criteria to ensure that you do not miss repayment. Generally, a good rule to follow is to meet the lender’s eligibility criteria. While this […]