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 to small and medium-sized businesses (SMBs) have quickly grown over the last 10 years and Refinitiv data indicates that total...
July 31, 2023
Sweeping changes to the federal program for small business lending will begin taking effect Tuesday (Aug. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree […]
June 01, 2020
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 to small and medium-sized businesses...
