June 5, 2025

Loans

Loans

Capital preservation over chasing risk: First lien loans take center stage

Slower growth is the new normal While the exact trajectory of global growth is uncertain, the direction is clear. Gramatovich frames it candidly: “The broader economic picture points in one direction. Trade wars and macroeconomic uncertainty are a net negative for businesses, for margins, for consumer spending, and this is conducive to a much lower

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Loans

PayPal Exceeds $30B in Business Loans and Merchant Cash Advances

PayPal has officially crossed $30B in merchant cash advance and business loan originations, the company announced. “Access to capital is consistently one of the top challenges small businesses face as they look to maintain and scale their businesses,” shared Michelle Gill, EVP and GM of SMB and Financial Services at PayPal in

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Loans

Best Small Business Loans for Bad Credit

If your business earns significant annual income, Credibly may be a good choice, especially if you are considering a large loan, as this lender approves loans up to $600,000. Credibly’s minimum credit score of 500 is among the lowest we recorded in our database. So, too, is the business age requirement of just six months.

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Loans

Land purchase loans: From interest rates to eligibility; all you need to know

Land is an asset that most people want to own. But with land costs soaring across the country, buying residential plots has become a tough task, especially in the metros and tier-1 cities. With land purchase loans, you can buy residential plots without stretching your finances too much. A land purchase loan has a lot

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Loans

Loans for takeout? DoorDash-Klarna deal fuels concerns – NBC New York

DoorDash and Klarna are joining forces to let users pay for meal deliveries with installment loans, calling it “essential to meeting our customers’ needs.” Not everyone sees it that way. The announcement has drawn a flurry of criticism on social media, less directed at the companies themselves than questioning what the need to use a “buy now,

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Loans

Tampa-based AI mortgage platform surpasses $5B in loans

Toorak Capital Partners, a Tampa mortgage company, recently announced its AI-powered platform surpassed a significant milestone of completing $5 billion worth of loans.  The platform, Toorak Connects, was launched in 2022 and has processed more than 11,000 loans. It has saved the company 57,000 of review time and thousands of reams of papers, according to

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Loans

Best Bad Credit Personal Loans of April 2025

Getting a personal loan when you have bad credit or no credit history can be tough. However, some lenders can still work with you, helping you borrow money for emergency expenses including medical bills and auto repairs, refinancing high-interest debt or even consolidating debt payments. CNBC Select rounded up the top bad credit personal loans,

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Loans

Elon Musk Backs Crackdown On SBA Loans After $333 Million Went To Borrowers Over 115 Years Old

Elon Musk Backs Crackdown On SBA Loans After $333 Million Went To Borrowers Over 115 Years Old Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk endorsed new loan verification measures implemented by the Small Business Administration, highlighting concerns about fraudulent applications using stolen Social Security numbers. What Happened: “No more loans to babies or people too old

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Loans

Trump says the Education Department will shed oversight of student loans and special education | News, Sports, Jobs

President Donald Trump holds up a signed executive order at an education event in the East Room of the White House in Washington, Thursday, March 20, 2025. (AP Photo/Ben Curtis) WASHINGTON (AP) — President Donald Trump on Friday began sketching a roadmap for dismantling the Education Department, with other agencies taking over responsibility for federal

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Loans

Trump says student loans, special needs programs will be moved to new departments

President Donald Trump announced Friday that two key functions of the agency he is seeking to dismantle, the Department of Education, will be moved to new departments: The Small Business Administration will take on student loans, and the Department of Health and Human Services will take on special needs and nutrition efforts. “I do want

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