Corporate treasurers and chief financial officers are on the defensive, issuing short-term commercial paper at their fastest pace since 2011, according to reports in Bloomberg this week. In a Bloomberg Opinion piece published Thursday (July 18), editor Robert Burgess pointed to the acceleration of U.S....
MoviePass parent Helios and Matheson Analytics arranged a short-term loan after halting operations due to failure to pay business partners. Bloomberg, citing a regulatory filing, reported Helios and Matheson will use $5 million of a $6 million loan to pay its processors. The loan was...
The Consumer Financial Protection Bureau (CFPB) made big waves, and generated a lot of headlines, with news last week that the final draft of its short-term loan regulations had finally dropped like an anvil onto the heads of the short-term lending industry, particularly on segments dealing with products like...
July 30, 2018
MoviePass parent Helios and Matheson Analytics arranged a short-term loan after halting operations due to failure to pay business partners. Bloomberg, citing a regulatory filing, reported Helios and Matheson will use $5 million of a $6 million loan to pay its processors. The loan was from Hudson Bay. According to the report, the service went […]