loans

Bonds Backed By Auto Loans Hit Multi-Year Highs

Bonds Backed By Auto Loans Hit Multi-Year Highs
Bonds Backed By Auto Loans Hit Multi-Year Highs
February 10, 2021  |  Loans

Bonds backed by auto loans are seeing an unprecedented rise in prices, the Financial Times (FT) reports. Get the Full Story Complete the form to...

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Main Street Lending Program Ends With Just $17.5 Billion Disbursed
Main Street Lending Program Ends With Just $17.5 Billion Disbursed
February 09, 2021  |  Loans

The Federal Reserve’s Main Street Lending Program, intended to give support to small- to medium-sized businesses (SMBs) during the pandemic, has only disbursed $17.5 billion,...

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Fed Data Shows Biggest US Banks Stagnate On Loans
Fed Data Shows Biggest US Banks Stagnate On Loans
February 09, 2021  |  Loans

The biggest U.S. banks have dialed back the portion of their balances they’re willing to use on loans to new lows, Bloomberg reported, citing data...

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Today In B2B: Apple Stores Extend Supplier Payment; Amex Eyes Aussie SMB Loans
Today In B2B: Apple Stores Extend Supplier Payment; Amex Eyes Aussie SMB Loans
February 09, 2021  |  B2B Payments

Today in B2B payments, American Express is considering small business lending in Australia, while Apple extends payment terms for suppliers of its retail locations. Plus,...

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Report: American Express Pursuing Australia SMB Loans
Report: American Express Pursuing Australia SMB Loans
February 08, 2021  |  B2B Payments

American Express may use its powerful global brand “to attempt to muscle in on small businesses lending in Australia,” according to an analysis published in...

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Personal Loans Outstanding In Latest App Provider Ranking
Personal Loans Outstanding In Latest App Provider Ranking
February 05, 2021  |  Mobile Applications

Looking for a loan? You can find one app-style, where terms are more yielding and it’s all done fast via smartphone. PYMNTS latest Provider Ranking...

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Enova Loan Originations More Than Triple From Q3 To $536 Million
Enova Loan Originations More Than Triple From Q3 To $536 Million
February 04, 2021  |  Earnings

Digital lending platform Enova International reported Thursday (Feb. 4) that total revenue dropped 24 percent from the fourth quarter of 2019 to Q4 2020. However,...

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PPP Round Two: New Loans Top $72.7 Billion In January
PPP Round Two: New Loans Top $72.7 Billion In January
February 02, 2021  |  Loans

A new report from the Small Business Administration (SBA) found that there were $72.7 billion in Paycheck Protection Program (PPP) loans distributed in the month...

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Inspector General Wants Answers From Mnuchin, Cruz On Pandemic Lending Program
Inspector General Wants Answers From Mnuchin, Cruz On Pandemic Lending Program
February 01, 2021  |  Loans

Former Treasury Secretary Steven Mnuchin and Texas Sen. Ted Cruz are the subjects of a pair of watchdog investigations, Bloomberg reported. Get the Full Story...

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