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Buyer of pacwest commercial real estate expects to double its $7 billion loan portfolio as rate shocks fuel more banking stress

A raft of credit rating actions against more than two dozen U.S. banks by Moody's Investors Service late Monday didn't shock one buyer of distressed c...

August 8, 2023, 3:01 pm

S.africa’s nedbank warns of sticky bad loans, 2025 targets at risk

South Africa’s Nedbank Group, amongst the top five lenders in the country, warned on Tuesday that its bad lo...

August 8, 2023, 12:44 pm

Is it an appropriate time to consider a business loan?

If you see a viable business opportunity, taking out a small-business loan can be a good way to take ad...

August 8, 2023, 12:14 pm

Business loan approvals at big banks continue to drop, while other lenders increased in july: biz2credit small business lending index™

Big bank approvals have declined steadily over the past 12 months. Approval percentages rose at small banks, institutional investors, and alternative ...

August 8, 2023, 10:07 am

Eaglebank provides more than $10 million via bond issuance in support of sela public charter school renovation projects

BETHESDA, Md., Aug. 08, 2023 (GLOBE NEWSWIRE) — EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today ann...

August 8, 2023, 10:00 am

Superdry nosedives as it secures funding from hilco

Superdry PLC (LSE:SDRY), the fashion retailer, saw its shares sink by close to 7% on Tuesday, after it announced it had secured a £25 million...

August 8, 2023, 7:51 am

Best small business loans in august 2023

After all, with a small business loan, you can do everything from fund essential start-up costs to purc...

August 8, 2023, 4:44 am

Saranac lake small business fund

Small businesses in the North Country are getting a big financial boost. A new state-wide initiative is giving out $56 million dollars in small busine...

August 8, 2023, 4:29 am

Sba more than doubles caps for home disaster loan program

The Small Business Administration is more than doubling the caps of its disaster loans. ALSO READ: City...

August 8, 2023, 1:59 am

Eft: a good 10.86%-yielding income fund for rising rates

The pervasive inflation in the U.S. has led to declining real wages and strained household budgets, driving people to seek extra sources of income. Ea...

August 7, 2023, 7:08 pm

: as yellow files for chapter 11, $700 million pandemic bailout in the spotlight

The $700 million federal loan made to Yellow in 2020 has sparked criticism. Read Full Story The post : ...

August 7, 2023, 7:07 pm

Rakuten bank sees edge over rivals

Rakuten Bank is better positioned than rivals to enjoy a profit boost when the Bank of Japan eventually ends its negative interest-rate policy, says C...

August 7, 2023, 7:05 pm

Small business administration to simplify loan process

The Small Business Administration is attempting to address a longstanding problem by simplifying the process of getting business...

August 7, 2023, 5:14 pm

Bankruptcy becomes official for yellow fright company; trucking firm going out of business

Yellow’s announcement that the freight company is going out of business comes after a pandemic-era loan...

August 7, 2023, 4:00 pm

As yellow files for chapter 11, $700 million pandemic bailout in the spotlight

Yellow Corp.'s Chapter 11 filing has thrust a $700 million federal loan the company received during the...

August 7, 2023, 3:07 pm

Sofi: seeking the optimal entry

SoFi's Q2 2023 signifies strong growth with record Tech Platform and Financial Services results. Robust results indicated record Personal and increase...

August 7, 2023, 3:00 pm

Grand jury: lexington man defrauded government for covid loans, senior citizen for $100k+

The man is alleged to have lied on paperwork to get COVID-19 relief loans and convinced a senior citize...

August 7, 2023, 2:44 pm

Rithm capital (ritm) shares dip 0.5% despite q2 earnings beat

Rithm Capital's (RITM) Q2 results indicate strong contributions from the Residential Securities, Properties and...

August 7, 2023, 1:38 pm

Why irobot stock fell 11.6% last month

Shares of iRobot dropped 11.6% in July, reflecting a lower price per share in the long struggle over the Amazon buyout. The company secured a $200 mil...

August 7, 2023, 1:21 pm

Gevo’s net-zero 1 reaches key milestone for loan guarantee from the u.s. department of energy

ENGLEWOOD, Colo., Aug. 07, 2023 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) announced today that its Net-Zero 1 ethanol-to-jet project has been inv...

August 7, 2023, 1:00 pm


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