Banks Made $10 Million Processing Loans For Small Businesses
By : Wochit Entertainment
Published On: 2020-04-25
6 Views
00:32
Banks earned $10 billion processing U.S. government loans to small businesses affected by the coronavirus pandemic. According to Business Insider, transaction charges start at 5 percent for loans under $350,000. NPR reported those charges reducing to 1 percent for loans between $2 and $10 million. The loans are guaranteed by the government and require less vetting than regular loans. The banks are defending their charges, saying processing the guaranteed loans are still complex.
Watch More videos From Wochit Entertainment Channel
Trending Videos - 1 May, 2024
RELATED VIDEOS
Recent Search - May 1, 2024
sarvagun sampanna full ep 1thần khỉ hanumanInfames capitulo アンパンマン 勇気の花がひらくときunderwearباور رينجرز بست مرفس الجزء الثIsraeli military renews warninSoko Leipzig staffel 125 de5 konul resadえいごであそぼえいごふだサンドの巻Pirate ship capture showcasesUkrainian Ground Forces Comman'Honeypots' and influence operGermany approves partial legal오은영 리포트
