The Tribunal held that advances originating from bank cash-credit facilities secured by the shareholder’s personal assets are commercial transactions, not deemed dividend. The addition under section 2 ...

The African Development Bank has approved a new $500 million loan for Nigeria, to support the country's ongoing energy ...

A Business Journal analysis found that roughly four out of every five SBA 7(a) loans in Texas now come from lenders ...

Vivant Corporation has secured a PHP 3.0-billion bilateral term loan with China Banking Corporation to refinance maturing ...

Bank lending to euro zone firms held steady last month, adding to evidence that the 20-nation currency bloc continues to grow ...

Oaktree Specialty (OCSL) faces dividend cut risks and NAV declines amid rising defaults. Learn key insights before making ...

Japan's 3 megabanks are likely to further grow their net interest margins after revising their full-year earnings targets, as ...

Six of the loan applications were approved for a total of $1,090,398.35 in fraudulently obtained SBA loa proceeds.

He used the money for a down payment on a $2.7 million Lincoln property, leases on a Lamborghini and Ferrari and luxury ...

A man who used COVID-19 disaster relief business loans to live a lavish lifestyle was convicted this week and ordered to pay $1.5 million back to the United States government.

Two foreign-controlled companies agreed to pay $1.75 million to resolve allegations related to the federal Paycheck Protection Program loans.

Two New Jersey men admitted that they scammed a mortgage lender to obtain a $4.5 million loan by faking the sale of a ...