Commercial lending

Let fintechs make SBA loans

03/27/20

Online lenders can help the agency distribute loans faster as it gets set to deploy emergency funding to small businesses.

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Banks tolerate credit-line draws in coronavirus crisis — for now

03/26/20

Drawdowns on C&I credit more than quadrupled in a seven-day period ended March 25. Lenders may try to rein them in if the crisis drags out, but legal precedent isn’t on their side.

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Lenders back push from hotels to access crisis-era program

03/25/20

With seven in 10 rooms sitting empty amid the coronavirus outbreak, hotel and banking groups are urging policymakers to open up the Term Asset-Backed Securities Loan Facility.

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OceanFirst in N.J. gives early glimpse into coronavirus exposure

03/25/20

The company is one of the first to share information on impacted clients, forbearance requests and emergency loan applications.

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Bank CRE losses expected to spike; digital payments boom

03/25/20

Losses on commercial real estate aren’t expected to be as bad as the 2008 crisis; as more cities announce shutdowns, consumers turn to online payments.

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Hotel lending dries up as travelers stay home

03/18/20

Banks are avoiding the once booming hospitality business, or charging a premium for additional credit, as new data shows how big a hit hoteliers have taken from the pandemic.

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How cash-hungry firms could take $700-billion bite out of banks

03/18/20

Dozens of firms in industries most immediately hit by the virus and oil-price war — such as leisure, transportation, health care, energy and mining — have been drawing billions of dollars from existing credit lines.

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Will near-zero rates spur more borrowing?

03/16/20

Bankers say they understand the need for an extraordinary government response to the coronavirus outbreak, but worry that even slashing interest rates won’t stimulate demand.

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ECB will let banks run lower capital levels to deal with virus

03/12/20

The move come a day after the Bank of England cut rates and introduced a series of emergency measures, including capital requirements and a lending program for smaller companies.

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Why energy lenders say they’re ready for this oil slump

03/10/20

Banks with the most exposure to oil and gas companies say they’ve added capital and changed their borrower mixes since the 2015 market fall. But skeptics question whether they can stave off losses if low prices endure.

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