Source: en.wikipedia.org
The Federal Reserve will launch the Main Street Lending Program, which is geared toward mid-sized businesses, this week. By contrast, the Paycheck Protection Program (PPP)...
The coronavirus has idled all sorts of lending, as banks and other financial services firms eye consumers with wariness. Unemployment, after all, has skyrocketed, indicating that...
If their business borrowers close or have trouble recovering following coronavirus lockdowns, nonbank lenders might have to raise capital. Business development companies (BDCs) that lend...
The U.S. Securities and Exchange Commission (SEC) has launched an investigation into publicly traded companies that received COVID-19 stimulus funds, Bloomberg News reported. Get the...
A measure that would make it easier for small businesses (SMBs) to get their hands on a forgivable federal loan has easily passed the House,...
Installment plan shopping has never seemed more appealing than now, in a retail and economic landscape left in tatters by the COVID-19 pandemic. Get the...
First the rush to get in – and then, perhaps, the rush to get out. Get the Full Story Complete the form to unlock this...
When the first round of forgivable Paycheck Protection Program (PPP) loans became available April 3, the funds ran out within days. When the second round...
Amid the pandemic, banks have “frozen” at least $150 billion of loans – equating to about 5 percent of their consumer portfolios. The question becomes: What...