Source: en.wikipedia.org
If their business borrowers close or have trouble recovering following coronavirus lockdowns, nonbank lenders might have to raise capital. Business development companies (BDCs) that lend...
The U.S. Securities and Exchange Commission (SEC) has launched an investigation into publicly traded companies that received COVID-19 stimulus funds, Bloomberg News reported. Agents are...
A measure that would make it easier for small businesses (SMBs) to get their hands on a forgivable federal loan has easily passed the House,...
Installment plan shopping has never seemed more appealing than now, in a retail and economic landscape left in tatters by the COVID-19 pandemic. Accordingly, big...
First the rush to get in – and then, perhaps, the rush to get out. Since debuting on April 3, the Paycheck Protection Program (PPP)...
When the first round of forgivable Paycheck Protection Program (PPP) loans became available April 3, the funds ran out within days. When the second round...
Amid the pandemic, banks have “frozen” at least $150 billion of loans – equating to about 5 percent of their consumer portfolios. The question becomes: What...
Open banking initiatives and bank-FinTech collaborations continue to expand in an effort to improve financial services offerings for small and medium-sized businesses (SMBs). This week’s...
Thanks…but, on second thought, no thanks. In the roughly month-and-a-half since its debut, the Paycheck Protection Program (PPP) has had its share of controversies. The...