In an effort to streamline its capital structure, Office Depot has refinanced its current asset-based credit facility with a new five-year arrangement and has retired...
As the coronavirus pandemic continues, a sharp difference emerges between the ways consumers and businesses are dealing with credit: Consumers are spending less and have...
Contradiction, confusion and, glaringly, the absence of promised government cash has intensified the crisis now gripping American businesses, from Main Street to Wall Street. Get...
While installment loan products were not quite unheard of in the U.S. five or six years ago, they were quite rare. At that time, the...
Amid a climate in which cash needs are on the rise, it’s been reported that Kabbage Inc. has abruptly cut off credit to small business...
The coronavirus pandemic is advancing, wreaking havoc on U.S. citizens and the economy. Get the Full Story Complete the form to unlock this article and...
Bank regulators have rolled back the Jan. 1 accounting standard known as “current expected credit loss” (CECL) in an effort to bolster loans in the...
As a potential recession lurks, FinTechs, traditional banks and other financial institutions (FIs) are tightening the reins on loans to small businesses and households with...