* Bank lending rises 6.4% in September vs 6.7% in August * Major banks’ lending slows as big firms pay back loans * Smaller borrowers continue to rely heavily on lending (Adds details, quotes from BOJ briefing) By Chris Gallagher and Leika Kihara TOKYO, Oct 12 – Japanese bank lending […]
Lending
Banks have barely touched the Fed’s Main Street Lending Program. Except this one.
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Most banks have steered clear of the Federal Reserve’s loan program designed to buoy midsize businesses. One Florida lender is diving in. Miami-based City National Bank of Florida has embraced the Fed’s Main Street Lending Program, which […]
Focus on P2P Lending, Equity Investment, Hybrid, Reward
DUBLIN, Oct. 5, 2020 /PRNewswire/ — The “Global Crowdfunding Market 2020-2024” report has been added to ResearchAndMarkets.com’s offering. The crowdfunding market is poised to grow by $ 124.35 bn during 2020-2024 progressing at a CAGR of 18% during the forecast period. This report on the crowdfunding market provides a holistic […]
The Australian government has announced it will wind back responsible lending laws, making it easier to access credit
Treasurer Josh Frydenberg (SMH, Dominic Lorrimer) The federal government is loosening credit restrictions in an attempt to encourage lending. On Friday Treasurer Josh Frydenberg announced the responsible lending laws would be would back, having become “an overly prescriptive, complex, costly, one-size-fits-all regime”. There is some anxiety over the consequences of […]
Qatar Investment Authority and Credit Suisse Asset Management Enter into Strategic Partnership in the Direct Lending Market
DOHA, Qatar and NEW YORK, Sept. 17, 2020 /PRNewswire/ — Credit Suisse and the Qatar Investment Authority (QIA) are pleased to announce that QIA will partner with Credit Suisse Asset Management to form a multibillion dollar direct private credit platform that will provide financing primarily in the form of secured first […]
Uganda central bank sets up new window for lending to banks
KAMPALA, Sept 8 (Reuters) – Uganda’s central bank has introduced a new lending window for commercial banks that might encounter short-term liquidity challenges, it said on Tuesday, unveiling another tool to complement its main monetary policy instrument. The new window, called the ‘Standing Lending Facility,’ will operate alongside the existing […]
The Business Case for Lending to Nonprofit Organizations
Less availability of affordable rent in desired locations, stricter zoning requirements, and a desire to have more control over their property have led many nonprofit organizations to consider purchasing real estate. Commercial real estate professionals, lenders, and nonprofits can gain a lot from learning the expectations of all parties involved […]
Teller Finance Integrating with Chainlink Ahead of Unsecured Lending Protocol Launch
Teller Finance, a blockchain project for decentralized lending, today announced its upcoming integration with Chainlink, the market-leading oracle provider, ahead of their public alpha launch. Chainlink will initially provide Teller with three cryptocurrency price feeds via its Price Reference Data oracle networks, these feeds will include DAI/ETH, USDC/ETH, and LINK/USD. […]