short-term financing

White House Launches Working Capital Pilot Program for Small Business
White House Launches Working Capital Pilot Program for Small Business
June 06, 2024  |  SMBs

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...

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Klarna, Block, Sezzle Results: Merchants, Consumers Flocking to Short-Term Financing
Klarna, Block, Sezzle Results: Merchants, Consumers Flocking to Short-Term Financing
August 26, 2022  |  Buy Now Pay Later

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...

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Coronavirus Is ‘Cross Between 9/11, 2008 Financial Crisis,’ Officials Say
Coronavirus Is ‘Cross Between 9/11, 2008 Financial Crisis,’ Officials Say
March 13, 2020  |  Banking

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...

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Building A Better Payday Lending Product
Building A Better Payday Lending Product
September 04, 2019  |  Alternative Finances

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...

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