Business Credit

The PBOC's lower rates on new loans to business kicks in today … but …

The PBOC’s lower rates on new loans to business kicks in today … but …

A weekend announcement from the People’s Bank of China on a lower reference rate for loans to SMEs (in a nutshell, more at these links) we have had endless “reforms” in recent years that are nothing more than a veneer: this looks an easily-gameable version of the same. Does […] Click here to view original …

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New Jersey Bill to Help Dairy Farmers is Now Law

New Jersey Bill to Help Dairy Farmers is Now Law

Bipartisan legislation sponsored by Sen. Steven Oroho to expand the eligibility of dairy farmers and qualifying farming operations for small business loans was recently signed into law. “As the Garden State, we should do all we can to help keep the farmer on the farm,” said Oroho, R-Sussex, Warren, […] Click here to view original …

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Monzo has officially launched loans for its 2.6 million customers

Monzo has officially launched loans for its 2.6 million customers

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. The digital-only bank formally launched its loan product for its existing 2.6 million customers, per CB Insights, at the end of […] Click here to view original …

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