Archives
Auto credit: How to apply for ICICI Bank auto credit online
Here are the steps to follow to apply for a car loan from ICICI bank online; Getting a car loan has become difficult during the coronavirus pandemic because leaving your home to apply for a car loan is not easy for everyone. Fortunately, in the midst of this Corona outbreak, almost all types of loans, …
How to apply for an MSME loan online? Documents required and new policy explained
According to the new guideline provided by the government, the investment limit has been revised upwards and an additional turnover criterion introduced for MSME loans. Previously, the 2006 law on micro, small and medium enterprises (MSME Act) defined a micro-unit with an investment of up to Rs 25 lakh, a small business with an investment …
Retail sector defaults hit record high in US leveraged loan market
Two leading retail chains – J.Crew Group Inc. and Neiman Marcus – helped push the US leveraged loan default rate in this struggling sector to 10.34 %, a record that amid the catastrophic impact of the coronavirus pandemic will almost certainly continue to rise. By comparison, the default rate for the broader asset class of …
loan market remains active | Los Angeles Business Journal
Cathay Bancorp, headquartered in El Monte, focuses on supporting existing customers. Photo by Hunter Kerhart Economic uncertainty is changing lending practices, but that doesn’t mean there is no financing available for commercial real estate in Los Angeles. The trick, however, is finding that financing and getting it on the right terms. “Everything people used to …
Lending Market Remains Active – Los Angeles Business Journal
Economic uncertainty is changing lending practices, but that doesn’t mean there isn’t financing available for commercial real estate in Los Angeles. The trick, however, is finding that financing and getting the terms right. “Everything that underwriters were using in January and February has clearly changed now,” said Kevin Shannon, co-head of capital markets at Newmark …
Sachin Bansal launches Navi Lending app as loan market struggles
Navi offers consumer loans up to INR 2 Lakh Bansal reportedly invested more than $ 450 million in Navi Technologies Currently, the fintech ecosystem faces repayment delays due to the RBI moratorium With two major shakes in March – the lockdown and the RBI’s moratorium on loan repayments, India’s fintech ecosystem has had a pretty …