"Stop The Revolver Run": Cash-Strapped Banks Quietly "Discourage" Companies From Drawing Down Their Loans

As banks tighten lending standards across the board, it is getting increasingly difficult to get a loan. But there are still a few options out there......»»

The biggest U.S. banks have been quietly discouraging some of America’s safest borrowers from tapping existing credit lines amid record corporate drawdowns on lending facilities, according to people familiar with the behind-the-scenes conversations......»»

The biggest U.S. banks have been quietly discouraging some of America’s safest borrowers from tapping existing credit lines amid record corporate drawdowns on lending facilities, according to people familiar with the behind-the-scenes conversations......»»

The biggest U.S. banks have been quietly discouraging some of America’s safest borrowers from tapping existing credit lines amid record corporate drawdowns on lending facilities, according to people familiar with the behind-the-scenes conversations......»»

The US is drawing up plans to cut Chinese banks off fro the global financial system, according to The Wall Street Journal. A Chinese flag flies near buildings in the central business dis.....»»

Lenders provided billions of dollars in residential mortgage loans in the Cleveland area last year, with Ohio-based companies beating out larger national banks in providing the most mortgage loans. Huntington National Bank (Nasdaq: HBAN) origina.....»»

For years, banks and credit card companies have known customers tend to spend more money when buying with credit cards instead of cash. read more.....»»

The number of borrowers utilizing deferrals was down at the end of the year and banks are stashing away less cash to cover bad loans, but a strong economic recovery is still far from guaranteed......»»

In the harshest downturn for American workers in U.S. history, employers cut in April and the unemployment rate more than tripled to 14.7%. Back in February, before the coronavirus<…; pandemic... To view the full story, click the title link......»»

Forty-one publicly traded companies that got the emergency aid already had enough to cover basic expenses for two months or more when they applied for .....»»

Forty-one publicly traded companies that got the emergency aid already had enough to cover basic expenses for two months or more when they applied for .....»»

When American companies recently a.....»»

Apple Inc’s massive cash pile didn’t stop the iPhone maker from adding to the bonanza of U.S. investment-grade companies borrowing in the bond market during the pandemic......»»

The Trump administration will audit small-business loans above $2 million, Treasury Secretary Steven Mnuchin said Tuesday, as he warned of criminal liability for companies who improperly got government cash......»»

Treasury Posts Guidance To Stop PPP Loans From Going To Large Companies After Small Business Owners Shafted .....»»

Bank of England Governor Andrew Bailey told Britain's banks to speed up lending to companies as the coronavirus crisis threatens to deliver a historic blow to the economy, urging them to "put their back into it and get on with it"......»»

Bank of England Governor Andrew Bailey called on Britain's banks to speed up the pace of getting state-backed loans to companies that are struggling to survive the coronavirus crisis, saying they must "put their back into it and get on with it.".....»»

How companies will fare likely depends on how much cash they have available, and when their biggest loans come due......»»

How companies will fare likely depends on how much cash they have available, and when their biggest loans come due......»»

Listed businesses have raised $17 billion so far this year from cut-price sales to private-equity groups......»»