Financial

Liberis, the integrated finance provider for SMEs, raises an additional £ 70million in debt – TechCrunch

Liberis, the UK-based fintech that provides finance to small businesses like an alternative to a traditional bank loan or an extended overdraft, has replenished its own coffers with £ 70million in funding. The cycle is a mix of debt and venture capital debt, although the company refuses to disclose the …

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Luxury hotels have benefited from PPP loans. Likewise, the investment trusts that own them

The Ritz-Carlton on Peachtree Street in downtown Atlanta offers well-appointed suites with skyline views, chic amenities and a cocktail bar that offers 17 Juleps. Before the Coronavirus pandemic Forcing the hotel to close, a standard room could cost between $ 440 and $ 650 a night. To offset the financial …

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New York court holds notice to reinstate sufficient monthly payments to slow mortgage lending

The Supreme Court of New York, Kings County, recently found that a notice sent by a mortgagee that reinstates the monthly payments and states that any previous acceleration is revoked is sufficient to constitute a deceleration of the underlying loan. Carter v US Bank Trust, NA, 2021 WL 291198 (NY …

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Rick and Morty episode 8 season 4 recap: never question the acid

Always have a hilariously convoluted backup plan. Adult swimming The best episodes of Rick and morty often invoke clever meta-commentaries, portray Rick in hilariously mean and mean ways, or show the horrific angst of living in an infinite, meaningless multiverse. “The Vat of Acid Episode” does all three, as Rick …

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Education department unveils new loan forgiveness website, expert calls ‘distraction’

The Department of Education (ED) has created a new website for borrowers seeking debt relief after being defrauded by college. But an expert involved in litigating those borrower defense claims said the changes were mostly cosmetic. “Throughout this administration, what we’ve seen is the substitution of process for substance,” Toby …

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Report: New U.S. Relocation Agency Could Lend Billions for Manufacturing

The head of the new US International Development Finance Corp. (DFC) said this week that the agency could provide tens of billions of dollars in funding to return manufacturing to the United States, according to a report by Reuters. One of the projects it could fund is a $ 12 …

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Aqua Metals Withdraws Veritex Loan, Now Debt Free

Receives additional insurance payment of $ 0.8M MCCARRAN, Nev., December 15, 2020 (GLOBE NEWSWIRE) – Announcement from Aqua Metals, Inc. (NASDAQ: AQMS) (“Aqua Metals” or the “Company”), which is reinventing lead recycling with its latest AquaRefining ™ technology. company paid off its $ 9.0 million debt to Veritex Bank, leaving …

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SEC Staff Grant No-Action Exemption Under Investment Company Law

Wednesday February 17, 2021 On January 13, 2021, staff in the Investment Management Division (staff) of the Securities and Exchange Commission (Commission) issued a letter of no action indicating that it would not recommend any enforcement action to the Commission under section 17 (f) of the Investment Companies Act 1940 …

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As tax deadlines approach, lawmakers announce deal that would exempt Massachusetts businesses from tax on PPP loans

Lawmakers said they had reached a deal to lower tax bills for businesses that received state and federal allowances amid the pandemic, and also help some unemployed workers, but they will need to act. quickly as tax deadlines loom. Senate Speaker Karen Spilka, House Speaker Ronald Mariano and Ways and …

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CRISIL Ratings for Indian Debt Instruments – April 1

Apr 1 - Below are the ratings awarded by Credit Rating Information Service of India (CRISIL) for local debt instruments as of March 31, 2020. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT TERM RATINGS: ------------------- AIC Infrastructures Pvt Ltd Proposed NFBL CRISIL A3 350 Assigned …

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