A Michigan man was sentenced to 10 years in prison for his roles in running an advanced fee scheme involving phony Standby Letters of Credit supposedly issued by European banks. His co-defendant ...

None of the other three loan types—multioption facilities, standby letters of credit, or acceptances—appears in our sample. Beim, D. O. 1996. The prime premium: Is relationship banking too costly for ...

The Motley Fool. DATE Friday, June 6, 2025 at 8:30 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Scott SalmirsChief ...

You can arrange for OPOA by preparing a letter to ... while using credit is not ideal, sickness is unpredictable. Having a credit card with a useable balance on standby to take on unexpected ...

Thinking of buying a small business? New SBA loan rules just made it tougher. Here's what changed, why it matters, and how it ...

After using Windows for years, I decided to take a Mac for a spin and see what it was like. There's a lot to love, but no ...

This has been a powerful metaphor, very visual and lucid in explaining the power of patriarchy within the corporate set-up ...

Cafe Audrey’s French toast is a transformative experience – the kind that makes you close your eyes on the first bite and ...

As a small business owner, I’ve seen how new industries can spark broad-based economic growth. Just as the Marcellus Shale transformed our region, ...

A letter of credit, or LC, is a contractual agreement used as a credit instrument in international trade to ensure payment for products that are shipped. The LC usually is requested by an exporter ...