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Tag: Loans

Fast-food giants gobbled up $1 billion in federal aid for small businesses

08/12/202011/12/2020 - Leave a Comment

Franchisees with hundreds of restaurants flew under the radar, in one case collecting $60 million in PPP loans. Relief grants meant to buoy small businesses at the onset of the …

Fast-food giants gobbled up $1 billion in federal aid for small businesses Read More

Cambodia’s Microfinance Industry in Troubled Waters

21/09/202025/09/2020 - Leave a Comment

Cambodia’s Microfinance Institutions (MFIs) have been hit hard by the COVID-19 pandemic, amid claims that that overlending to poor borrowers, who can ill-afford to repay, has resulted in land seizures …

Cambodia’s Microfinance Industry in Troubled Waters Read More

Britain’s COVID lending schemes risk widening regional divides

24/07/2020 - Leave a Comment

In the northern English seaside resort of Blackpool, the family-run Elgin Hotel is preparing to reopen in August after four months’ enforced closure. The Elgin had a profitable 2019, but …

Britain’s COVID lending schemes risk widening regional divides Read More

Regulator launches guidelines for lenders to protect vulnerable consumers

23/07/201926/07/2019 - Leave a Comment

It wants firms to make sure staff are trained to manage the needs of vulnerable people and to understand that customers’ circumstances can change The Financial Conduct Authority (FCA) has released draft …

Regulator launches guidelines for lenders to protect vulnerable consumers Read More
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