SBA's mass firings could hurt disaster recovery, loan oversight
In 2022, a report on the SBA's Paycheck Protection Program from the House of Representatives found several of the SBA’s ...
The SBA’s Loan Losses—and Job Losses—Are Rising. Higher Fees Are Likely
The 7(a) loan program is currently losing money, which could put it in the political crosshairs. At the agency itself, DOGE's calamitous terminations haven't helped.
Ready Capital: Ritz-Carlton Portland Loan And Trump Administration's Potential View On SBA Loans Spell Trouble
Ready Capital holds a significant loan on the Ritz-Carlton Portland. Read why RC stock is holding strong, despite market ...
Tuko1d
Kenyan Govt to Give KSh 300k Loans to Youths Who Secure Jobs Abroad
The Kenyan government has announced it will provide KSh 300k loans to youths who secure jobs abroad, aiming to ease the ...
Funding for small businesses — a big source of jobs — at risk under Trump
Small businesses with fewer than 20 employees accounted for 29% of jobs in California, and businesses with 20 to 100 ...
American Banker1d
Biz2Credit leans in to AI underwriting
The New York-based fintech's high-tech initiative is the centerpiece of an initiative aimed at capitalizing on an expected ...
Funding for California’s small businesses and their jobs at risk under Trump
California’s small businesses create the bulk of jobs in the state. Trump’s funding freeze, anti-DEI push and more could ...
Yield Hunting Part 10: 8%-Plus YTM With MidCap Financial And Its Baby Bond MFICL
MidCap Financial is a business development company focused on private equity. Read more about an investment in the firm's ...
Yes, you still have to pay your student loans if the Department of Education is eliminated, legal expert says—what borrowers should know
The president is reportedly drafting an executive order to eliminate the Department of Education. What that could mean for ...
businessday3d
Here’s why PZ Cussons wants to convert N51.79bn intercompany loan to equity
In June 2022, PZCH advanced an intercompany loan of $40.26 million to PZCN to help settle outstanding foreign currency payables related to raw material imports, operational and other input related ...
Buying a business is a good opportunity to be your own boss
The market for buying a business is competitive. But acquiring an existing business can be more successful than building one ...
Student Loan Debt Is a Key Influencer in U.S. Worker Decisions to Accept and Stay in Jobs, New MissionSquare Research Institute Study Finds
A new report from MissionSquare Research Institute finds student loan debt influences job acceptance decisions for 56% of public sector employees and 62% of private sector employees. The data also ...