Taxi Cab news and trends

Taxi Lender Shares Glum Capital Outlook

August 15, 2016
Quick Reads
Taxi Lender Shares Glum Capital Outlook

August 15, 2016
Chalk up another potential casualty to Uber’s meteoric rise to dominance of the ridesharing industry, as an almost $2 billion lender that finances New York City’s yellow taxi trade is warning that it has become undercapitalized, according to a report from Financial Times. Melrose Credit Union, a lender that provides traditional savings accounts and mortgages, as […]