The Data Challenge: How Lenders Can Expedite Loan Approvals of The CARES Act for Small Businesses
Our nation’s small businesses are facing an unprecedented economic disruption due to the Coronavirus (COVID-19) outbreak. On Friday, March 27, 2020, the President signed into law the CARES Act, which contains $376 billion in relief for American workers and small businesses. The Challenge to Lenders: Since the CARES Act was signed, banks, credit unions and …