An entrepreneur tapped private-credit funds to finance his telecom businesses. Now the lenders say he defrauded them.
BusinessLoansUSA , a U.S.-based startup, has launched an AI-powered platform that connects entrepreneurs directly with ...
When companies need a loan, traditionally they turn to a bank.But increasingly they’re turning to financial firms that are not really banks, but do have a lot of cash. This is called the “private ...
The disaster declaration covers 15 counties in Northern Michigan for the drought occurring June 1-Dec. 31, 2024.
Leery investors are looking hard at the usually obscure BDC space, which are set to report quarterly results in a "live stress test of private credit." ...
Attempts to tie First Brands and Tricolor bankruptcies to private credit are fake news, says largest private investment firm.
(Reuters) -U.S. banks' loans to private credit providers have surged to nearly $300 billion, Moody's said in a report on Tuesday, and the ratings agency warned that smaller lenders could face ...
A concern looming over private credit is whether a surge in defaults will threaten the broader economy. The question hasn’t ...
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