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While Paycheck Protection Program loans could not be made to companies in bankruptcy, a handful of Illinois businesses filed for Chapter 11 after receiving PPP loans. As the PPP benefits expire, so...
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R (Tigere) v Secretary of State for Business, Innovation and Skills was a 2015 judgment of the Supreme Court of the United Kingdom concerning student loans in the United Kingdom. Facts...
The FSC announced its plan to introduce a small business loan refinancing program worth KRW8.5 trillion to help lower interest payment burdens of self-employed business owners and small merchants. In the process of dealing with the COVID-19 pandemic, the size of loans for the self-employed and small merchants increased as well as their debt service burdens, and the qualitative structure of their loans deteriorated with an expansion in high interest rate loans from nonbank sectors. Recent interes...
Compare the best small business funding options- offering no collateral fast small business loans, business lines of credit, bad credit business loans
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The Fed rate hike of half a percentage point moves the Prime Rate to a level that means business owners will be paying 10%-plus interest on debt.
Some small business owners don’t have the capital to get their companies off the ground. In these cases, it might make sense to take out either a personal or business loan, depending on their needs.