Business Law & Regulations, Finance
June 6, 2016
Via: JuristThe Consumer Financial Protection Bureau (CFPB) proposed a rule on Thursday seeking to address predatory loaning practices by “payday” and other high-interest lenders. The 1,000-plus-page regulation suggests two policies of note. First, the agency proposed that those lending short-term, pay-day […]
Business Law & Regulations, Finance
April 25, 2016
Via: Fit Small BusinessWhen you apply for a small business loan, numbers can mean everything. For example, the lender will want to know your income, your credit score, and your Debt Service Coverage Ratio (or DSCR). Debt Service Coverage Ratio (DSCR) measures your […]
November 30, 2023
November 16, 2023