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CFOs On the Move: Week Ending March 31
Sysco, Hertz, Upwork, Rolls-Royce, Nikola, FleetCor, Coveo, Cielo
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Lauren Muskett
| March 31, 2023
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CFOs On the Move: Week Ending March 31
Sysco, Hertz, Upwork, Rolls-Royce, Nikola, FleetCor, Coveo, Cielo
By
Lauren Muskett
| March 31, 2023
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small business loans
Credit & Capital
PPP Reopens With $284B for Small Business Loans
The revamped COVID-19 relief program also allows some companies to apply for a second draw of up to $2 million.
By
Matthew Heller
| January 11, 2021
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Credit & Capital
Congress Includes PPP Extension in New Relief Bill
PPP borrowers will also be able to deduct expenses paid for with their loans, reversing an earlier IRS decision.
By
Matthew Heller
| December 21, 2020
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Credit & Capital
New Bill Offers Second Loans to PPP Borrowers
“Congress must once again act urgently to support our most vulnerable small businesses through this crisis."
By
Matthew Heller
| June 19, 2020
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Credit & Capital
Amazon, Goldman to Offer SMB Credit Lines
In a marriage of tech and Wall Street, sellers on Amazon will be eligible for credit lines of up to $1 million from Goldman Sachs' Marcus brand.
By
Matthew Heller
| June 11, 2020
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Credit & Capital
SBA Clarifies PPP Loan Guidelines Amid Uproar
New guidance from the SBA comes after a public outcry over large companies receiving hundreds of millions of dollars in loans.
By
Matthew Heller
| April 23, 2020
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Credit & Capital
Why Shake Shack is Returning $10M Government Loan
The burger chain has faced operating losses of over $1.5 million each week amid the COVID-19 lockdown.
By
Lauren Muskett
| April 20, 2020
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Credit & Capital
Banks Brace for Crisis Loan Program Rollout
Lenders fear the launch of the $350 billion program could be "a disaster that could dwarf the failed kickoff of the Obamacare enrollment web site in 2013."
By
Matthew Heller
| April 3, 2020
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Technology
Intuit Launches Small-Business Loan Service
The software company is aiming to leverage the data it collects from QuickBooks to make working-capital loans of up to $35,000.
By
Matthew Heller
| November 7, 2017
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Credit
California Leads the Way in Alternative Lending
Alternative lenders made $15.9 billion in U.S. loans in 2014, with California transactions increasing by 936% since 2010.
By
Katie Kuehner-Hebert
| April 8, 2016
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Risk
Easing Street
Bank's credit underwriting standards loosened considerably in 2014, especially among commercial loan products, says the OCC.
By
Vincent Ryan
| December 17, 2014
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The Economy
Small Businesses Left Out of Lending Spree
The amount of small business loans held on banks' books is stagnating and is still 18% below the peak dollar volume, which occurred in 2008.
By
Iris Dorbian
| August 19, 2014
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Growth Companies
As Banks Loosen Underwriting, Credit Risk Rises
Examiners find U.S. banks reducing collateral requirements and loosening covenants on business loans. Particularly the highly leveraged kind.
By
Vincent Ryan
| January 30, 2014
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Growth Companies
The Bud Starts Here
The banking industry has been holding out on offering lines of credit and loans to marijuana retailers in Colorado. But that may soon change.
By
Alissa Ponchione
| January 27, 2014
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