Need a low-cost loan for a crucial project? Make sure you don’t pay more than you have to There’s no getting away from the fact that we’re already in a whole heap of debt. The latest figures from debt charity StepChange suggest those seeking help with unsustainable, problem debt have unsecured personal borrowing of £13,799 […]
Category: News
A publicly-traded pharmaceutical company in New Jersey returned a $4.8 million coronavirus-relief loan it had planned to use to retain its 219 employees. Executives decided that guidance from federal officials suggested no public company would qualify for the aid. But in Oregon, a publicly-traded technology firm with 200 employees decided to keep its $5 million
Small Firms Join Rush to Return Loans After Rules RevisionsRead More »
The federal stimulus payments aimed at helping Americans weather the economic hit from the coronavirus pandemic seem to have generated as much anxiety as relief. At the top of the list are how and when the checks are being distributed, with the IRS noting on Friday that it has issued 130 million payments worth a
20 million Americans still waiting for their stimulus checksRead More »
Scheer says loan program falls short of what Canada’s oil and gas sector needs The federal government is offering bridge financing for big Canadian businesses across all sectors to help them keep employees on the payroll through the pandemic, but there are conditions attached — including a requirement that companies receiving the loans disclose their environmental plans. The large
Big UK banks received around 100,000 applications in a single day for a new loan scheme for small businesses. The Bounce Back Loans scheme went live on Monday, with Barclays seeing 200 applications in the first minute and Lloyds 5,000 within three hours. It offers loans up to £50,000 and is designed to be simpler
Coronavirus: UK banks get 100,000 loan applications on first dayRead More »