At this writing, shares of Affirm are down about 15%. In part that’s due to guidance that gross merchandise volumes will slow and that the macro environment is uncertain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Banking officials are in a panic over the coronavirus as it upturns their revenues, with PJT Partners restructuring specialist Tim Coleman describing the viral pandemic as “like a cross between September 11 and the global financial crisis of 2008.” Get the Full Story Complete the...
Short-term lending has something of a bad rap in the United States — consumer advocacy groups have long accused them of being predatory debt traps, and both state and federal regulators have spent the last decade writing and rewriting regulations aimed at curtailing what they characterize as the short-term lending industry’s...
September 04, 2019
Short-term lending has something of a bad rap in the United States — consumer advocacy groups have long accused them of being predatory debt traps, and both state and federal regulators have spent the last decade writing and rewriting regulations aimed at curtailing what they characterize as the short-term lending industry’s excesses. Get the Full Story Complete the form to unlock […]
June 06, 2024
The Small Business Administration (SBA) plans to launch a working capital pilot program featuring a newly structured line of credit for small businesses that is designed to give greater flexibility than a traditional term loan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]
March 13, 2020
Banking officials are in a panic over the coronavirus as it upturns their revenues, with PJT Partners restructuring specialist Tim Coleman describing the viral pandemic as “like a cross between...