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The market will be watching closely whether financial institutions (FIs) are able to address some of the biggest headaches from the first round of PPP loans, namely an influx of applications that can overwhelm lenders’ systems. Fresno First Bank. LendingTree.
Few banks offered PPPs to as broad a market as the bank, so thousands of business owners across the country who lacked an existing banking relationship turned to Cross River. Location: Fresno, Calif. These companies alerted their small business customers to the bank’s PPP work—and applications flowed in. People’s Choice Award.
Market share is simply shifting away from big chains that haven’t successfully innovated, flowing instead to new models for creating and selling food to customers. The sophisticated food hall: North 3rd Street Market (Brooklyn). This approach to marketing is enabling a new wave of specialized fast-casual brands to take root.
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