For chief financial officers and treasurers, working capital is starting to look less like an operating metric and more like an investment decision. What used to be managed mainly as a buffer for payroll, payables and short-term obligations is now being evaluated for how hard...
JPMorgan marked down the value of loans to software companies in the portfolios of private credit lenders, the Financial Times reported Tuesday (March 10), citing unnamed sources. Software companies are seen as vulnerable to the effects of artificial intelligence, according to the report. JPMorgan’s move...
Watch more: Office of the CFO With Ben Ellis of Visa Commercial Solutions Picture a manufacturing company with $4 million sitting in accounts receivable, another $2 million tied up in supplier invoices, and a growth opportunity on the table that requires capital within 30 days....
Private credit has evolved from a niche financing tool to a fixture of modern capital markets, and as it expands, banks, regulators and investors are taking a closer look at the risks embedded within that lending class. Direct lending by nonbank financial institutions expanded rapidly...
The “Growth Corporates Working Capital Index 2025–2026: Research Report Data Book” is a PYMNTS Intelligence report commissioned by Visa. The report examines how Growth Corporates are rethinking working capital management in an environment defined by volatility, expansion and digital acceleration. These firms, typically generating between...
Small and medium-sized businesses (SMBs) ended 2025 sharpening their demand and reliance on platform-based working capital. Earnings disclosures indicate that those balances grew meaningfully year over year across major commerce ecosystems. As commerce volumes fluctuate and operating expenses remain elevated, platforms that process payments and...
FinTech company Avant closed a $200 million personal loan securitization that it said it expects to provide over $500 million in financing capacity over its 24-month life. The transaction also marks Avant’s first deal to receive AAA ratings from both Fitch Ratings and Kroll Bond...
Subprime borrowers drove unsecured personal loan originations and balances to record highs, TransUnion said in a Thursday (Feb. 19) press release. Unsecured personal loan originations reached a record of 7.2 million in the third quarter of 2025, according to the release, which highlighted findings from...
The Federal Reserve wants to get banks to focus on mortgage lending once more, The Wall Street Journal reported Wednesday (Feb. 18). Many banking giants in the United States got out of the home loan business following the 2008 financial crisis, with nonbanks like Rocket...