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Fraudsters may have stolen $200 billion in federal covid relief funds, new report says

The new estimate from the Small Business Administration’s watchdog would be nearly one-fifth of all the money ...

June 28, 2023, 4:59 am

Over $200b in covid-19 business loans paid to ‘potentially fraudulent actors’: watchdog estimates

The Small Business Administration’s (SBA) oversight office released new findings, estimating that tens of billions of dollars ...

June 27, 2023, 8:44 pm

Pacwest sells loan portfolio to ares management in deal that generates $2 bln ‘to improve liquidity'

PacWest Bancorp PACW, +0.56% said Monday it agreed to sell a lender finance loan portfolio to Ares Management Corp. ARES, -2.37% in a deal expected to...

June 26, 2023, 6:57 am

How to manage a business loan: 6 tips

You did the work to take your business to the next level and applied for a business loan. Then you got approved. So, now what? Once you find the right...

June 13, 2023, 10:29 pm

Visa: digital-first governments use payments data to improve policy and financial access

Three years ago, we got a sense of how governments could leverage technology in times of crisis — using digital pipes to get aid to people who neede...

March 9, 2023, 4:03 am

Bankrupt mt. gox’s largest creditor plans to keep returned bitcoin

The largest creditor of the failed Mt. Gox crypto exchange intends to hold rather than sell the Bitcoin that’s due to be ...

March 8, 2023, 6:44 pm

Only 3.6% sme stimulus loans provided in ctg

Small-scale enterprises of Chattogram are facing a crisis of capital in operating their business while banks have ...

February 17, 2023, 3:44 am

Tradeindia lending has disbursed loans worth rs 50 cr to msmes in 6 months

The digital lending service was launched in July last year with the aim of addressing the challenges faced by MSMEs in obtaining business loans. Read ...

January 17, 2023, 11:29 am

Loans worth rs 1,550 crore disbursed to street vendors, small scale entrepreneurs; nirmala sitharaman asks women to form fpos, avail credit

Union Finance Minister Nirmala Sitharaman and Lok Sabha Speaker Om Birla handed over the cheques to some beneficiaries. Read Full Story at source (may...

January 9, 2023, 1:59 am

Loans worth rs 1,550 cr disbursed to street vendors, small scale entrepreneurs; sitharaman asks women to form fpos, avail credit

India would be leading in economic growth and it would be because of street vendors, women, cattle rearers…, Birla said, adding we want to build a n...

January 8, 2023, 3:14 pm

Loans worth rs 2,500 cr disbursed to street vendors, small scale entrepreneurs; sitharaman asks women to form fpos, avail credit

India would be leading in economic growth and it would be because of street vendors, women, cattle rearers…, Birla said, adding we want to build a n...

January 8, 2023, 1:59 pm

Boi promotes business inclusiveness, disburses loans to persons with disability

The managing director, Edo state skills development agency (EdoJobs), Mrs. Violet Obiokoro, has said loans dis...

January 4, 2023, 8:44 am

Edo, boi promote inclusive business growth, disburse loans

Violet Obiokoro, has said loans disbursed by the state government and the Bank of Industry (BOI), have ...

January 4, 2023, 3:29 am

Banks lending more to small businesses

Loans disbursed by banks to micro, small, and medium enterprises rose by 3.2 percent to P454.31 billion...

December 31, 2022, 4:14 pm

Sme bank loans top $432m, help at least 3,260 businesses

The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has disbursed more than $43...

December 29, 2022, 3:44 pm

P10 billion covid-19 loans for small businesses undisbursed, underutilized

State auditors found that tedious application processes discouraged small businesses from taking out emergency loans during the pandemic … Read Full...

December 8, 2022, 12:14 pm

Sme lender funding societies raises $144m led by softbank vision fund 2, plus $150m in debt lines

Small businesses are the backbone of Southeast Asia's economy, but many struggle to secure working capital loans because they don't have traditional c...

February 15, 2022, 10:15 pm

Sme lender funding societies raises $144m led by softbank vision fund 2, plus $150m in debt lines

Small businesses are the backbone of Southeast Asia's economy, but many struggle to secure working capital loans because they don't have traditional c...

February 15, 2022, 10:15 pm

Sme lender funding societies raises $144m led by softbank vision fund 2, plus $150m in debt lines

Small businesses are the backbone of Southeast Asia's economy, but many struggle to secure working capital loans because they don't have traditional c...

February 15, 2022, 10:15 pm


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