Loans Archives - Page 2 of 20

S&P Global: Global banks could lose $2.1trn by 2021 due to the pandemic

Last Updated: July 10, 2020

Market research firm S&P Global alerted that banks around the world could face around $2.1trn in credit losses as a result of the pandemic, citing […]

Bank stocks should climb higher once ‘disconnect’ with economy settles, says analyst

Author: Alejandro Arrieche

Last Updated: June 10, 2020

Bank analyst for Wells Fargo Mike Mayo (pictured) said banks are undervalued by the stock market, pointing to a “disconnect” between the banking sector’s strong […]

Groundhog Day for American Airlines: Investors betting carrier will default on debt

Author: Alejandro Arrieche

Last Updated: July 19, 2020

Investors are placing bets that troubled American Airlines will be forced to file for bankruptcy for the second time in a decade. The Fort Worth-based […]

Centric Brands files for Chapter 11 bankruptcy, secures $435m from creditors

Author: Alejandro Arrieche

Last Updated: May 18, 2020

US fashion group Centric Brands has filed for Chapter 11 bankruptcy as part of a restructuring agreement that is likely to see it emerge as […]

Interview: Funding Options chief executive Simon Cureton – Chancellor’s £350bn business loan scheme leaves fintech lenders out in the cold

Author: Roger Baird

Last Updated: April 20, 2020

Millions of Britain’s small businesses are desperate for cash to cover wages a month into the coronavirus lockdown – but the alternative finance industry feels […]

UK fintech lenders sidelined in government’s £330bn bid to fund small firms

Author: Galina Mikova

Last Updated: April 17, 2020

The British Business Bank has added five new lenders to the Coronavirus Business Interruption Loan Scheme (CBILS) task force – The Co-operative Bank, Cynergy Bank, […]

Crediful chief executive: Subprime mortgages are already making a comeback

Author: Justinas Baltrusaitis

Last Updated: April 13, 2020

In a recent interview with Learnbonds.com, the chief executive at Crediful.com, Chane Steiner has warned that the subprime mortgages that contributed to the 2007/08 recession […]

A man is using Google search on his laptop.

Google Searches for Business Loan Up by 317% Amid Coronavirus Pandemic

Author: Justinas Baltrusaitis

Last Updated: April 16, 2020

Worldwide interest in business loans continues to rise dramatically on a search engine Google. Data gathered by Learnbonds.com indicates that between the first week of […]

Funding Circle cuts jobs and sees losses widen

Author: Roger Baird

Last Updated: March 12, 2020

Peer-to-peer lender Funding Circle saw full-year losses widen after booking substantial losses in its German and Dutch markets. The FTSE 250 firm posted an £84.2m […]

Challenger bank OakNorth almost doubles profit, but growth slows

Author: Roger Baird

Last Updated: March 9, 2020

OakNorth almost doubled profit last year hitting £65.9m, as the challenger bank saw the number of savers who trust the business with their deposits jump […]