Short Term Loan news and trends

Commercial Paper Surge Signals Corporates’ Economic Doubt
Economy // July 19, 2019

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 Arranges Short Term Loan Amid Service Interruptions
Subscriptions // 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...

OCC Gives Deposit Advance Programs New Life
CFPB // October 10, 2017

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...

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MoviePass Parent Arranges Short Term Loan Amid Service Interruptions

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 […]