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  • WASHINGTON, July 23- The U.S. Small Business Administration said it reached the $18.75 billion cap for its main loan guarantee program on Thursday, forcing it to halt the funding of new loans with more than two months left in the fiscal year. U.S. Senate Small Business Committee Chairman David Vitter, a Republican, told SBA Administrator Maria Contreras-Sweet in a...

  • WASHINGTON, July 23- The U.S. Small Business Administration said it reached the $18.75 billion cap for its main loan guarantee program on Thursday, forcing it to halt the funding of new loans with more than two months to go in the current fiscal year. SBA spokesman Miguel Ayala said the capacity for fiscal 2015 was exceeded by stronger-than-anticipated demand...

  • India banks get creative to collect $49B in bad debts Thursday, 23 Jul 2015 | 12:26 AM ET
    India's Reserve Bank Governor Raghuram Rajan (L) speaks with India's Finance Minister Palaniappam Chidanbarum during the opening session of the the G20 Finance Ministers and Central Bank Governors round table meeting on February 22, 2014 in Sydney, Australia.

    Under pressure to cut a $49 billion bad-debt mountain, India's state-owned banks are reversing years of lax recovery efforts with creative collection tactics.

  • Interest-only loans return... with a twist Wednesday, 22 Jul 2015 | 6:54 AM ET
    Interest-only loans return... with a twist

    CNBC's Diana Olick reports interest only mortgages are back and different than before but could open the door to riskier loan products again.

  • The return of interest-only loans Monday, 20 Jul 2015 | 1:44 PM ET
    The return of interest-only loans

    CNBC's Diana Olick the interest-only comeback, requirements to get a loan, and how it plays into the real estate market.

  • How China's stock rout disrupted online funds Thursday, 16 Jul 2015 | 7:37 PM ET

    China's market selloff may have decked traders but one group is benefitting: the country's home-grown online finance companies.

  • The U.S. Consumer Financial Protection Bureau and Department of Justice said American Honda Finance Corp also would change its pricing and compensation system to reduce the potential for discrimination. American Honda Finance Corporation said in a statement that it opposed discrimination. According to the complaint, Honda charged thousands of...

  • The U.S. Consumer Financial Protection Bureau and Department of Justice said American Honda Finance Corp also would change its pricing and compensation system to reduce the potential for discrimination.

  • Despite 'agreekment,' Athens is still in trouble Monday, 13 Jul 2015 | 10:31 PM ET
    Despite 'agreekment,' Athens is still in trouble

    John Calverley, Head, Global Thematic Research at Standard Chartered, warns of looming trouble in Greek politics.

  • TOKYO, July 8- Japan's Toshiba Corp has talked with banks about a credit line worth up to $4.9 billion to secure funding in case an investigation into accounting irregularities hurts its creditworthiness, sources familiar with the discussions said on Wednesday. The sources said Toshiba has sounded out its three main banks on a credit line worth between 500...

  • *Banks sounded out about 500- 600 bln yen credit line- sources. TOKYO, July 8- Toshiba Corp has talked with banks about a credit line worth between 500 billion yen and 600 billion yen to secure funding in case an investigation into accounting irregularities hurts its creditworthiness, sources said on Wednesday. Toshiba earlier denied media reports that it was...

  • Amazon expands global business loans Monday, 29 Jun 2015 | 6:00 AM ET
    Amazon expands global business loans

    Amazon is planning to expand its business loan program to China and seven other countries.

  • CHICAGO, June 29- Amazon.com Inc will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share. The countries are Canada, China, France, Germany, India, Italy, Spain and the United Kingdom. Small businesses have high failure...

  • CARACAS, June 26- Venezuela has signed an agreement with Iran for a $500 million credit line to fund joint investments and help improve supplies of goods "necessary for the Venezuelan people," President Nicolas Maduro said on Friday. Mohammad Reza Nematzadeh, Iran's Minister of Industry, Mines and Trade, said through a translator during a broadcast on state...

  • BRUSSELS, June 22- Greece took a step back from the abyss on Monday when it presented new reform proposals that euro zone finance ministers cautiously welcomed as a possible basis for an agreement in the coming days to avert a looming default. European stock markets and Greek assets leapt on hopes of a last-minute deal to ease a crisis that is threatening to drive...

  • NEW YORK, June 18- Creditors of Puerto Rico's struggling electric power utility PREPA have agreed to extend a creditor agreement to June 30, the utility said on Thursday, a move which allows crucial restructuring talks to continue. PREPA, with about $9 billion of debt, also has a June 30 deadline by which to reach a restructuring deal with creditors.

  • NEW YORK, June 18- Bondholders of Puerto Rico's struggling electric power utility PREPA have offered to extend a creditor agreement to the end of this month, allowing crucial restructuring talks to continue, a source familiar with the bondholders said on Thursday. PREPA, with around $9 billion of debt, has a June 30 deadline by which to reach a restructuring deal...

  • NEW YORK, June 18- Bondholders of Puerto Rico's struggling electric power utility PREPA have offered to extend a creditor agreement due to expire on Thursday, to the end of June, a source familiar with the bondholders said. Talks to restructure the utility remain underway, the source said. At least 60 percent of creditors are needed to approve an extension.

  • Goldman Sachs wants to lend you money Tuesday, 16 Jun 2015 | 3:17 PM ET
    Goldman Sachs wants to lend you money

    Goldman Sachs is planning to offer consumer loans through a website or app. Insight, with Jeff Harte, Sandler O'Neill.

  • Goldman's online lending could be effective: Pro Tuesday, 16 Jun 2015 | 2:15 PM ET
    Goldman's online lending could be effective: Pro

    Eric Wasserstrom, Guggenheim Securities, weighs in on Goldman Sachs online lending service for consumers and small businesses.