Kodak Loan Involved No Wrongdoing, DFC Concludes
The company was cleared to receive a $765 million federal loan to make drug ingredients for the U.S. government.
Fed Expands Main Street Lending Program
The new program widens the pool of applicants and adds loan types.
Access to Capital High But Demand is Wavering
Small and midsize businesses successfully secured capital this quarter but their demand for funding fell.
SBA 7(a) Program Runs Out of Money
But Rep. Nydia M. Velázquez has introduced legislation to raise the small business loan guaranty limit to $23.5 billion.
SBA Extends Fee Relief on Small-Dollar Loans
Working capital loans of $150,000 or less will incur no upfront guaranty fee or annual servicing fee.
Moody’s Spotlights Risky Leveraged Lending
Covenant protections on highly leveraged loans continue to weaken, meaning lenders will be vulnerable if a borrower experiences financial distress.
Commercial Loans Not ‘Unusually Cheap’: Fed Study
Despite the government's highly accommodative monetary policy, interest rates charged on C&I loans are still above historical norms, says a new paper.
What to Ask Alternative Lenders
There are good and bad nonbank lenders. Here's how to weed out the bad ones.
SBA Expands Loan Access
A new Small Business Administration rule will make it easier for companies to secure government-backed loans.
Borrowing Without Banks
Private capital and other nonbank sources of debt financing are offering companies borrowing options beyond the traditional bank loan.