The CARES ACT led to $659 Billion dollars being approved though the SBA. To date over 5400 financial institutions have serviced over 2.8 million businesses.
Boss Insights platform offers lenders a streamlined process. With access to automatic filing of borrowers’ accounting and payroll information the forgiveness calculation is automated and lenders have documentation to reduce ongoing exposure risk. PPP rules and guidance are changing over time. Boss CARES/PPP is a white label lending platform that has automated recalculation functionality that references source data to meet any changing regulatory requirements without additional manual effort.
Rapid Platform (1-3 days onboarding)
API Platform Built With Bank Level Security