Lending

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

Helping Homeowners Access Home Equity Without Debt
Helping Homeowners Access Home Equity Without Debt
June 25, 2020  |  Real Estate

When it comes to purchasing a home or attempting to take equity out of a home in cash form — there aren’t an awful lot...

READ MORE >
Some PPP Borrowers Foresee Layoffs When PPP Money Runs Out
Some PPP Borrowers Foresee Layoffs When PPP Money Runs Out
June 23, 2020  |  Loans

After using their Paycheck Protection Program (PPP) loans, 14 percent of borrowers foresee needing to lay off staffers, per a survey from the NFIB Research Center. Half...

READ MORE >
Airlines Are Using Frequent-Flyer Programs As Collateral For Loans To Stay Alive
Airlines Are Using Frequent-Flyer Programs As Collateral For Loans To Stay Alive
June 15, 2020  |  Coronavirus

In times of crisis, we mortgage what we have to get to where we need to be. Get the Full Story Complete the form to...

READ MORE >
FTC Alleges New York Small-Business Lenders Deceived SMBs And Nonprofits
FTC Alleges New York Small-Business Lenders Deceived SMBs And Nonprofits
June 10, 2020  |  Security & Fraud

The Federal Trade Commission sued two New York small-business lenders Wednesday (June 10) for allegedly using deceptive terms in loans to companies, nonprofits, religious groups...

READ MORE >
Fed To Launch Main Street Lending Program For Mid-Sized Companies
Fed To Launch Main Street Lending Program For Mid-Sized Companies
June 04, 2020  |  B2B Payments

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)...

READ MORE >
Why Wells Fargo Braked On Loans To Independent Auto Dealers
Why Wells Fargo Braked On Loans To Independent Auto Dealers
June 03, 2020  |  Loans

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...

READ MORE >
Slow Recovery Poses Risk To Nonbank Lenders
Slow Recovery Poses Risk To Nonbank Lenders
June 01, 2020  |  Loans

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...

READ MORE >
Report: SEC Probing Public Firms That Received PPP Funds
Report: SEC Probing Public Firms That Received PPP Funds
May 28, 2020  |  Loans

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...

READ MORE >
House Eases Rules On PPP Loans
House Eases Rules On PPP Loans
May 28, 2020  |  Loans

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,...

READ MORE >