Tag: loans

May 2, 2019

Newtek Business Services, a joint venture with a subsidiary of BlackRock TCP Capital, closed a $100 million senior-secured revolving credit facility with Deutsche Bank. The new facility includes a $100 million accordion feature, allowing the JV to increase the borrowing […]

February 20, 2019

Deutsche Bank officials were worried enough that President Donald Trump might default on loans after he was elected that the institution considered extending the repayment dates, according to a Bloomberg News report Wednesday. The Trump Organization had about $340 million […]

November 19, 2018

Goldman Sachs served as both administrative and collateral agent on a joinder and amendment which established new $200 million first lien term loans for eyewear retailer National Vision. According to a related 8-K filing, KKR Capital Markets, Citigroup Global Markets, […]

September 14, 2018

Your credit score isn’t an arbitrary three-digit number. It’s based on a summary of your history with credit — and it sends a strong signal about how you’re likely to handle new credit. Your credit history can directly impact what […]

June 25, 2017

What is a bank statement, aside from a piece of paper showing how much money you have? In short, it’s a snapshot of your banking activity during a specific time frame, typically a month. Most banks send a copy of […]

November 28, 2016

Holiday costs can add up quickly. You might be tempted to take out a personal loan to cover those expenses. If you have decent credit, it’s usually quick and easy to get a personal loan. Personal loans can be a […]

October 11, 2016

Many Americans struggle with debt. In fact, it’s the biggest source of financial stress in the U.S., GOBankingRates.com found in an August survey. But to find out exactly which type of debt is weighing down Americans the most, GOBankingRates surveyed nearly 3,000 […]

August 30, 2016

Sometimes it’s the people who need loans and credit the most who have the hardest time getting them. If you have a poor credit score, you might think it’s impossible to get a loan, whether for emergency car repairs, sudden medical […]

June 20, 2016

Interest rates are incredibly low, but they will not remain low forever. The Fed is threatening to increase rates later this year. If you are a saver with a lot of money in a bank account, higher rates couldn’t come […]

May 25, 2016

Wells Fargo is telling investors to brace for more losses on loans to energy companies. That, in turn, increases the likelihood that the bank will continue to bolster its reserves to offset those losses, the bank said at its investor […]

April 15, 2016

Don’t let the rebound in oil prices fool you. Banks are setting aside billions of dollars to cope with sour oil and gas loans. “I think it’s a big concern,” said Ian Winer, head of equity trading at Wedbush Securities, […]