Technology
Technology
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Small-business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing.
April 24 -
The notes benefit from various levels of debt service coverage ratio (DSCR) triggers that help support repayment.
April 22 -
Wholesale firm Ardri's acquisition of The Lending Spot comes after the company installed a mortgage industry veteran as its new president earlier this year.
April 8 -
The notes will be issued through series 2025-3 and 2025-4, and aside from slightly different maturity dates, they have similar initial overcollateralization and reserves.
April 1 -
Sabey 2025-2 will feature a $24.8 million liquidity reserve among other credit enhancement mechanisms, including cash trap and early amortization triggers.
March 27 -
The looming initial public offering from Swedish payments firm Klarna comes in the foreground of tariff uncertainties and inflationary pressures.
March 25 -
A set of performance-related triggers—cash trapping and expense reserve—will help maintain cash flow to the notes.
March 10 -
There is also a trigger embedded in the deal, attached to cumulative net losses that would set off a full turbo payment.
February 28 -
Letitia James and 22 other attorneys general have filed an amicus brief in a Maryland case challenging the dissolution of the consumer protection agency.
February 20 -
The rating agency covers its bases in preparation for a surge in data center debt
February 12