loans

Commercial Lenders Using Foreclosure To Recoup Loans

Commercial Lenders Using Foreclosure To Recoup Loans
Commercial Lenders Using Foreclosure To Recoup Loans
August 13, 2020  |  Real Estate

Investors in commercial real estate, who say they have been patient with missed payments as COVID-19 emptied malls and office buildings, are pushing back. Get...

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Square’s Cash App Tests Small-Dollar, Short-Term Loans
Square’s Cash App Tests Small-Dollar, Short-Term Loans
August 12, 2020  |  Loans

Cash App, Square Inc.’s mobile payment app, has launched a pilot program to offer short-term loans of up to $200, TechCrunch reported. Get the Full...

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JPMC CEO: PPP Saved Roughly 35M Jobs
JPMC CEO: PPP Saved Roughly 35M Jobs
August 11, 2020  |  SMBs

J.P. Morgan Chase CEO Jamie Dimon estimated the federal Paycheck Protection Program (PPP) has saved as many as 35 million jobs by delivering the Small...

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Banks Brace For Wave Of Corporate Credit Calamities
Banks Brace For Wave Of Corporate Credit Calamities
August 11, 2020  |  Loans

Before the deluge – of possible bankruptcies, that is – come the provisions. Get the Full Story Complete the form to unlock this article and...

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Prosecutors Target Loosely-Regulated Business Lending Sector
Prosecutors Target Loosely-Regulated Business Lending Sector
August 11, 2020  |  Security & Fraud

Federal and state authorities are targeting companies that allegedly lend money to small businesses at extreme rates and seek to collect payments with heavy-handed tactics,...

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$765M Eastman Kodak Loan Put On Hold Until ‘Allegations Are Cleared’
$765M Eastman Kodak Loan Put On Hold Until ‘Allegations Are Cleared’
August 09, 2020  |  Loans

A $765 million loan agreement between Eastman Kodak and the government to provide pharmaceutical ingredients has been put on hold due to questions about Kodak’s...

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Saving Gig Workers From Predatory Lenders
Saving Gig Workers From Predatory Lenders
August 07, 2020  |  Gig Economy

The fact that the U.S. economy added 4.8 million jobs in June might have been missed amid all the bad news, of which there’s been...

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FundBox CEO: Lending As The Onramp To SMB Banking Services Innovation
FundBox CEO: Lending As The Onramp To SMB Banking Services Innovation
August 07, 2020  |  Business

Everyone knows the old joke about how easy getting into the lending business is: “Lending money out is very simple — pretty much anyone can...

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Rocket Cos. Shares Rise 19 Pct On IPO Debut
Rocket Cos. Shares Rise 19 Pct On IPO Debut
August 06, 2020  |  IPO

It appears that billionaire Daniel Gilbert, the 58-year-old founder of Quicken Loans and Rocket Mortgage, made the right call when he trimmed the size of the company’s...

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