{"id":14849,"date":"2020-04-24T14:01:06","date_gmt":"2020-04-24T14:01:06","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=14849"},"modified":"2020-04-24T14:03:06","modified_gmt":"2020-04-24T14:03:06","slug":"fintechs-plea-for-covid-19-measures-that-better-support-small-businesses","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/fintechs-plea-for-covid-19-measures-that-better-support-small-businesses\/","title":{"rendered":"FinTechs plea for COVID-19 measures that better support small businesses"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Canadian Lenders Association (CLA), a group that includes FinTechs and alternative lenders, has sent a letter to government officials calling for the government to extend its current economic stimulus plan to include alternative lending options. In the letter, they openly support the CAD 10 billion stimulus plan but express concern that, if FinTechs and alternative lenders are not included, tens of thousands of small businesses may not be adequately served and could fail. It is important to note that the CLA is not asking for additional capital to be included in the plan, rather just that FinTechs and alternative lenders be included.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The CLA\u2019s plea to the Canadian government is similar to that of FinTechs in the United States, which are lobbying their government to allow tech-focused lenders to be part of any stimulus plan aimed at supporting small businesses.&nbsp;<\/span><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-14849 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Positive outlooks for FinTech stemming from the COVID-19 pandemic'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/positive-outlooks-for-fintech-stemming-from-the-covid-19-pandemic\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/05\/351-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14860\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14860'>\n\t\t\t\tPositive outlooks for FinTech stemming from the COVID-19 pandemic\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='FinTech\u2019s strange relationship with COVID-19'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/fintech-s-strange-relationship-with-covid-19\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/05\/dbce19a6-cc68-4ebd-a56f-14a832c39460-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14869\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14869'>\n\t\t\t\tFinTech\u2019s strange relationship with COVID-19\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Biz2Credit launches disaster loan resources for small businesses'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/biz2credit-launches-disaster-loan-resources-for-small-businesses\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/04\/colleagues-giving-fist-bump_53876-64857-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14813\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14813'>\n\t\t\t\tBiz2Credit launches disaster loan resources for small businesses\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Canadian Lenders Association (CLA), a group that includes FinTechs and alternative lenders, has sent a letter to government officials calling for the government to extend its current economic stimulus plan to include alternative lending options. In the letter, they openly support the CAD 10 billion stimulus plan but express concern that, if FinTechs and &hellip;<\/p>\n","protected":false},"author":12,"featured_media":14827,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[490,10],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14849"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=14849"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14849\/revisions"}],"predecessor-version":[{"id":14850,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/14849\/revisions\/14850"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/14827"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=14849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=14849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=14849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}