‘Extremely disappointing’ and ‘fully predictable’ – slowdowns and bottlenecks plague second round of PPP

The latest paycheck protection program funding round opened Monday morning at 10:30 a.m. ET with a new set of rules for distributing the additional $ 310 billion in funds – but a familiar set of issues. Locks, connection issues, and slow systems plagued the Small Business Administration’s loan approval process, …

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Microfinance loan portfolio amounted to Rs 2 32 648 cr at the end of December: report

The gross loan portfolio (GLP) of the microfinance sector increased 10.1% to Rs 2,32,648 crore as of December 31, 2020, according to data collected by the sector body Microfinance Institutions Network (MFIN). Industry BPL stood at Rs 2,11,302 crore at the end of December 2019. The association said 14 banks …

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Extension of the maturity date of the loan facility, conversion of

VANCOUVER, British Columbia, Nov 17, 2020 (GLOBE NEWSWIRE) – Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces that it has entered into an agreement with Cantomi Uruguay SA (“Cantomi”) to extend the maturity of the Cantomi loan (as defined below) until December 31 2022. Cantomi provided a loan …

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Loan Moratorium Case: SC Calls on Center and RBI to Act on Kamath Panel Recommendations

Supreme Court (file photo) | Photo credit: IANS Highlights Center, RBI to indicate which recommendations have been accepted, made public or not Banks cannot declare new NPAs before October 13; Center to answer on how banks will forgo compound interest New Delhi: The RBI loan moratorium case has been adjourned …

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These are the high-tech offices to which teleworkers are making room

imovr Ten months ago, Bellevue, WA-based iMovR, a leading player in the “office fitness” trend of standing and treadmill desks, was sitting (okay, standing). 70% of the company’s sales now came from corporate clients, especially nearby tech giants such as Google, Microsoft and Amazon, which had responded to research into …

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Millennials Borrowed For Health And Credit Refinancing In 2020: Survey

Millennials took to digital loans in 2020 to meet their emergency fund needs like medical bills and credit refinancing. This is a trend that we had not seen in previous years. There has also been an increase in demand for home improvement loans after the foreclosure, according to a report …

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GOP Senate candidates overthrow Shaheen on PPP, defend campaign tactics

In a radio debate Tuesday, the two Republicans running for the U.S. Senate in New Hampshire criticized incumbent Jeanne Shaheen for businesses linked to her family that participated in the federal paycheck protection program. In total, five companies linked to Shaheen have raised nearly $ 3 million in loans. Shaheen …

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Inside Housing – News – No interest-free extension for Purchasing Assistance Owners of buildings with dangerous cladding

New03.03.2110:45 a.m. by Dominic Brady Buyer’s Aid tenants facing large bills to replace unsafe siding will not benefit from an extension of the interest-free period on their government-guaranteed loans, the housing minister said. Image: Getty Divide lines Buyer’s Aid tenants facing large bills to replace unsafe coating will not benefit …

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Kaduna In Chains: The Curious Case of Dr Nasir Aminu’s $ 350 Million World Bank Loan

No society can surely be flourishing and happy, of which a large part of the population is poor and miserable. – Adam Smith The 2007 Fiscal Responsibility Act (FRA) has benefited all levels of government by allowing them to borrow cheap money as long as the markets are happy to …

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