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Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink

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Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools. Judith Less, who runs a thrift shop in New Jersey, got $27,” the paper reported. Porter Capital Offers New Funding Tools To PPP Recipients.

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Popular Bank Named Among First Investors of NWK FAM Fund

PopularBank

The new investment vehicle aims to economically empower Black and Latinx business owners throughout the City of Newark. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey. According to a recent study , the state experiences one of the worst racial wealth gaps in the nation. Chairman, Montclair Capital Group.

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Philadelphia Mall Owner Takes Care Of Its Own

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There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. REITs are not exactly a source of good or even consistent news these days. But apparently they’re doing something right in Philadelphia.

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American Dream Mega Mall Opens In Mega eCommerce Era

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Multiple attractions will make the New Jersey mall a destination. million gallon water park, a beach kept at 87 degrees Fahrenheit year-round, a Sea Life aquarium, a regulation National Hockey League skating rink and an aviary featuring local birds, among other features. Those include a 1.5 Mills Corp.,

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Caesars Puts Stake In Online Betting Co DraftKings

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“This alliance is the latest initiative by Caesars to capitalize on our database, generate a new revenue stream in a growth market and raise our profile in sports, in part by creating new sports-themed guest experiences at our resorts across the country.” and Australia. .” and Australia.

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Shipping Inconsistencies Plague Nonessential eCommerce

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Nonessential retail is highly dependent – in some cases, completely dependent – on eCommerce during the COVID-19 crisis. Knowing that Nike and Amazon were in the process of breaking their sales agreement, we tried a third item: a copy of Thomas Piketty’s new book, “Capital and Ideology.” Therein lies a serious problem.

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Popular Bank’s Commitment to Our Customers and Communities

PopularBank

In these uncertain times, we are all working together to navigate our new normal. As we face the immediate and serious health concerns as a community, we are also seeing a much wider impact on all our lives as well as our local, national, and global economies. We are well capitalized and institutionally sound.