Social Collaboration: Banks Key To Servicing PPP Borrowers During COVID
The American Banker’s Association featured Boss Insights‘ thought leadership piece titled, Social Collaboration: Banks Key To Servicing PPP Borrowers During COVID.
Boss Insights has stood at the forefront of the US Governments’ $659 Billion Dollar Paycheck Protection Program (PPP) and learned one thing: COLLABORATION IS EVERYTHING.
In March 2020, two-thirds of the world’s population, 2.3 billion people, went into isolation and the economy came to a halt. Overnight, Boss Insights added a CARES/PPP module to the business lending platform. The platform was built to enable any type of lender to automate any type of business loan. Because we originally solved for infinite combinations rather than the specific problem at hand, we were able to adapt to empower the PPP lenders to support their borrowers in under a week.
PPP has changed the market, learn the specifics on how and discover Boss Insights’ journey towards collaboration.
Read the full piece here
Originally published May 26, 2020, updated May 29, 2020