loans

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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Wirecard Lenders On The Hook For Millions
Wirecard Lenders On The Hook For Millions
August 06, 2020  |  Security & Fraud

Wirecard AG’s bankruptcy filing is not just having an impact on the once bright German payments company — its insolvency has left a huge gap...

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Lightspeed, Stripe To Offer SMB Loans
Lightspeed, Stripe To Offer SMB Loans
August 06, 2020  |  Alternative Credit

Lightspeed and Stripe have teamed up to launch Lightspeed Capital, which will, initially offer loans aimed at small and medium-size businesses (SMBs) in the U.S.,...

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House Democrats Eye Kodak’s $765M US Loan
House Democrats Eye Kodak’s $765M US Loan
August 05, 2020  |  Loans

The meteoric rise, and then fall, of Eastman Kodak stock — and the recent profits scored by top executives there — is garnering more attention....

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