loans

Uber Looks To Refinance $500M At 7.5 Pct Interest Rate As Debt Load Surges

Uber Looks To Refinance $500M At 7.5 Pct Interest Rate As Debt Load Surges
Uber Looks To Refinance $500M At 7.5 Pct Interest Rate As Debt Load Surges
September 14, 2020  |  Loans

Uber Technologies is taking advantage of rock-bottom pandemic interest rates to refinance some debt. The San Francisco-based ride-hailing service on Monday (Sept. 14) said it...

READ MORE >
Will US Homeowners Manage To Avoid Falling Off A Mortgage Forbearance Cliff?
Will US Homeowners Manage To Avoid Falling Off A Mortgage Forbearance Cliff?
September 14, 2020  |  Loans

When Congress first passed the CARES Act earlier this year to ameliorate COVID-19’s economic havoc, U.S. homeowners with mortgages on their properties were among the...

READ MORE >
Stimulus Bill Fails To Advance In Senate
Stimulus Bill Fails To Advance In Senate
September 10, 2020  |  Economy

A stalemate over the future of coronavirus stimulus will continue as of Thursday (Sept. 10) as the Senate failed to pass a Republican plan to...

READ MORE >
DOJ: 57 People Charged With Alleged PPP Fraud As Of May
DOJ: 57 People Charged With Alleged PPP Fraud As Of May
September 10, 2020  |  Security & Fraud

Fifty-seven people have been charged by the U.S. Department of Justice (DOJ) as of May for attempting to misappropriate over $175 million from the Paycheck...

READ MORE >
Filling SaaS Firms’ Slippery Cash Gaps
Filling SaaS Firms’ Slippery Cash Gaps
September 10, 2020  |  B2B Payments

Software-as-a-Service and subscription revenue business models have exploded in recent years, largely due to the invaluable benefit of having cash flow predictability. Get the Full...

READ MORE >
Billions Lent For Main Street SMBs – But Cash Flow Crunch Is Stubborn
Billions Lent For Main Street SMBs – But Cash Flow Crunch Is Stubborn
September 09, 2020  |  Loans

Billions of dollars in dry powder for Main Street SMB lending – and relatively few takers. Get the Full Story Complete the form to unlock...

READ MORE >
Razorpay Introduces Cash Advance To Provide Instant SMB Loans
Razorpay Introduces Cash Advance To Provide Instant SMB Loans
September 08, 2020  |  B2B Payments

India-based financial solutions company Razorpay is rolling out a new solution for companies in need of business loans, helping them to instantly access capital, according...

READ MORE >
JPMC CEO: Some Employees Have ‘Fallen Short’ As Bank Investigates Stimulus Violations
JPMC CEO: Some Employees Have ‘Fallen Short’ As Bank Investigates Stimulus Violations
September 08, 2020  |  Loans

JPMorgan Chase employees returned to work following the Labor Day weekend Tuesday (Sept. 8) to discover a company email accusing some of them of potentially...

READ MORE >
UK FinTech MarketFinance Nets $65.8M To Extend SMB Loans
UK FinTech MarketFinance Nets $65.8M To Extend SMB Loans
September 08, 2020  |  International

MarketFinance, a FinTech business lender, has secured a £50 million ($65.8 million) loan investment from Viola Credit, the Israeli asset manager, to go toward lending...

READ MORE >