 | | | | | Small businesses make up 99.9% of all private sector businesses in both the US and the UK –– but social distancing and other pandemic-related precautions continue to hamper this vital segment of the global economy.
To help mitigate this stress, the US government launched the historic Paycheck Protection Program (PPP) to provide financial assistance to small businesses struggling amid the coronavirus and its ongoing effects. This program has so far totaled a staggering $659 billion across two separate installments.
While the income and assets of small businesses make them an irreplaceable customer base for financial institutions, pre-pandemic incumbents were falling short of SMBs' lending wants and needs.
However, the PPP represents an extraordinary step to solve an unprecedented challenge faced by small businesses. And incumbents that act decisively in deploying PPP loans stand to earn new clients and goodwill from regulators, as well as a slice of billions in loan fees –– potentially staving off the growing competition from alt lenders in the future.
To help make sense of the significance of small businesses and the potential the PPP has to support them amid the coronavirus pandemic, Business Insider Intelligence has put together The Small Business Lending Report Bundle, which contains both our PPP Small Business Loans and SMB Lending research reports. |
|  | PPP Small Business Loans Examine the available data on PPP lenders’ approval patterns and insights into how loans were spread across top lenders, geographies, and industries. |
| | |  | SMB Lending Examine the key players in the SMB lending space, the advantages of each player, and discuss how incumbents can better serve SMBs and stave off the growing competition from alt lenders in the space. |
| | Ordinarily this bundle would cost you $990. But through this exclusive email offer, you can claim it for $790 - a $200 discount! |
| | Get The Bundle Now → |
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