Post-financial crisis, an influx of alternative lending players emerged to accelerate business finance digitization and expand choices for borrowers. In many ways, it was great news for small businesses, whose owners sought ways to obtain a loan in the same digital-native ways they sought financing...
Headquartered in Orange County, California and founded in 2003, CashCall is a big firm that consumers likely know best from its early commercials featuring the late Gary Coleman. The ad itself seems somewhat silly, which is probably why it is so memorable, but CashCall is...
Banks, faced with low business growth and fierce competition in the industry, are offering business loans with sweeter terms, which is worrying some regulators. The Wall Street Journal, citing an analysis of lending data, reported that lenders are providing corporate borrowers with lower interest rates...
Firms that lend money to mid-sized businesses in the U.S. are growing worried about the levels of debt these companies have compared to a year ago. Citing a survey by Carl Marks Advisors, Reuters reported that lenders who offered attractive terms to mid-sized business borrowers...
July 31, 2023
Banks are continuing to tighten their terms on commercial and industrial loans. The proportion of U.S. banks tightening their terms on such loans for medium and large businesses rose to 50.8% in the second quarter, up from 46% in the first quarter, Bloomberg reported Monday (July 31), citing figures from a survey by the Federal Reserve. Fed Chair Jerome […]
May 29, 2018
Banks, faced with low business growth and fierce competition in the industry, are offering business loans with sweeter terms, which is worrying some regulators. The Wall Street Journal, citing an...
January 10, 2018
Firms that lend money to mid-sized businesses in the U.S. are growing worried about the levels of debt these companies have compared to a year ago. Citing a survey by...
