PPP Forgiveness: A Path Toward Digital Transformation

PPP Loan Forgiveness is here. The SBA plans to open it’s PPP Loan Forgiveness in the coming days. Is your bank ready to provide a member experience that enhances your current relationship?

Join CU2 and Capiform on 7/28 as we show how implementing a digital PPP Loan Forgiveness option can set your credit union up for the coming digital transformation that members will demand.

Date: 7/28 at 11:30am-12pm EST
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PPP Loan Forgiveness Updates and Automation Opportunities – Webinar

The Paycheck Protection Program Flexibility Act of 2020 brings new guidance to the loan forgiveness process. The new act introduces leniency in the form of extended loan periods and new standards for employee compensation.

But despite this new flexibility, the hard part is still to come:

Handling forgiveness requests will be tedious, complex, and difficult. However, it doesn’t have to be. Credit unions can simplify the PPP loan forgiveness process for their small business members with member-driven design elements:

  • Automation
  • Streamlined, intuitive UI/UX
  • Transparency and gamification

Join Capiform and CU 2.0 for a webinar to discuss updates in documentation and submittal, automation opportunities, and improving the member experience. View the recording here!

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