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SBA to Launch Working Capital Pilot Program
June 04, 2024

The Small Business Administration (SBA) reportedly plans to launch a working capital pilot program that will include government-backed credit lines of up to $5 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Loans
Report: MoneyGram Fails to Secure Lower Borrowing Costs on Leveraged Loan
May 24, 2024

MoneyGram International reportedly failed to secure lower borrowing costs on a $398 million leveraged loan before a deadline on Thursday (May 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Loans
Cash Flow-Based Underwriting Adds Real-Time Context to FICO Score
May 24, 2024

The FICO score — what we might think of as the general “shorthand” for lending — was created back in 1989. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Loans
NYCB Sells $5 Billion in Loans to JPMorgan
May 15, 2024

New York Community Bank (NYCB) is selling $5 billion in loans to J.P. Morgan Chase. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

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APAC Middle-Market Leaders Embrace External Financing for Growth
May 14, 2024

We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms generating annual revenues between $50 million and $1 billion. Get the Full Story Complete the form to unlock this article...

Loans
Experian Launches Open Banking-Powered Solution to Expand Access to Credit
May 09, 2024

Experian has launched a solution designed to further inform lending decisions and expand access to credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

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Versatile Credit CEO Sees Steady Appetite for Consumer Financing
May 09, 2024

Banks and corporates by and large showed cautious optimism regarding consumer spending during the first-quarter earnings season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Loans
95% of CEMEA Growth Corporates Plan to Access Working Capital This Year
May 08, 2024

Just 58% of growth corporates in Central Europe, the Middle East and Africa (CEMEA) had been using working capital solutions, but that percentage is slated to grow to 95% in the coming months. Get the Full Story Complete the form to unlock this article and...

Loans
Fed Survey Reveals Tighter Standards and Weaker Demand for Loans
May 06, 2024

Banks are seeing a slide in demand for loans — at the same time that they’re tightening lending standards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...