With just a hair over a hundred employees, Cinedigm, an entertainment company based in Los Angeles, has a relatively modest headcount. But it's not your typical small business. The publicly-traded…
Restaurants owners across the U.S. are worried that a loan from the government’s coronavirus relief program could wind up being a burden instead of a blessing. The Paycheck Protection Program…
The U.S. Treasury Department on Wednesday again provided new guidance for emergency loans meant for small businesses hurt by the coronavirus crisis, with officials saying that Paycheck Protection Program loans…
The Bank of Cyprus (BOC) announced on Monday the sale of €916 million in non-performing loans to funds belonging to the Pacific Investment Management Company (PIMCO), one of the world’s…
State-owned Bank of India (BoI) on Monday reported over three-fold rise in net profit to Rs 843.60 crore for the quarter ended June 30, as pressure of bad loans eased. The bank…
The Australian Capital Territory (ACT) branch of the country’s Labor Party will offer zero-interest loans for rooftop solar panels, household battery storage and hot water heat pumps if re-elected in…
Metro Bank has agreed to pay an initial £2.5m to buy the peer-to-peer lender RateSetter to expand in unsecured lending and increase returns. The challenger bank could end up paying…
The International Monetary Fund (IMF) has approved a R70 billion (US$4.3 billion) loan for South Africa to help the country manage the immediate consequences of the fallout from COVID-19. The…
Credit tightening is becoming more evident according to the Mortgage Bankers Association (MBA). Its Mortgage Credit Availability Index fell to a reading of 125.0 in June, a loss of 3.3 percent. A decline…
Despite Central Government and RBI’s moratorium relief on loans in view of the economic stress inflicted by the lockdown, private banks and micro finance organisations are pressurising women self help…