As of today, 250,000 small businesses have used Womply—the local commerce platform—to apply for the Paycheck Protection Program (PPP). We are proud to have partnered with talented and tireless public ...
The Federal Trade Commission has settled cases with two companies, Biz2Credit and Womply, accused of falsely promising fast processing of PPP loan applications. These are the largest damages amounts ...
The U.S. Small Business Administration, responding to a congressional investigation into fraudulent Paycheck Protection Program loans, has stopped working with two companies that were supposed to help ...
The Paycheck Protection Program has been dogged by allegations of widespread fraud, and at the same time, banks are being forced to spend more to combat other types of fraud. Loan-level data from the ...
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Mired in a bitter dispute with hundreds of millions of dollars at stake, now-embattled Miami lender Benworth Capital got the support of a powerful friend. Florida Republican Sen. Marco Rubio threw his ...