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Author Archives: Business Loans Editor

REC raises $75m from Sofr loan

India’s REC, formerly known as Rural Electrification Corp, has raised a $75m five year loan linked to the secured overnight financing rate (Sofr) from Sumitomo Mitsui Banking Corp. The borrower sent … Read Full Story at source (may require registration) ...

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Power Players 2021: Ramsey Hamadi, Triad Business Bank

Triad Business Bank CEO Ramsey Hamadi, a 2021 Power Player, helped lead the de novo through the Paycheck Protection Program, helping small to midsize businesses obtain SBA-backed loans to remain open … Read Full Story at source (may require registration) ...

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Government funding options for small businesses

The PPP concluded on May 31, but as businesses forge ahead in the recovery process, they may find a continued need for affordable financing. Here are some of the government funding options that are … Read Full Story at source ...

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Loans given to 17 Black women-owned businesses

Seventeen Black women who own businesses were awarded loans on Thursday to help their businesses grow during this challenging time. Nashville nonprofit Corner to Corner created the pilot initiative … Read Full Story at source (may require registration) Author:

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