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Banks' restaurant and hotel clients in many oceanside communities are seeing an uptick in business as travelers opt for short hops over long hauls during the coronavirus crisis. But activity could slow as colder weather approaches.September 25
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A survey of companies that received funding from the Paycheck Protection Program also showed that respondents on average have cut their payroll costs by more than half.August 6
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The owner of The Shuckery in Petaluma, Calif., says she was unable to get a Paycheck Protection Program loan until she responded to an email from the delivery service and BlueVine.August 5
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The lenders are bracing for spikes in delinquencies or defaults on loans to a sector heavily punished by social distancing measures.April 29
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No-interest loans and overdraft forgiveness are among the lifelines banks are offering to consumers and small businesses whose livelihoods are being upended by the economic fallout.March 12
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The deal for Trinity Capital in Los Angeles would further strengthen the company's capital markets capabilities.February 13
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FranchisesReduced dine-in traffic is eating away at bottom lines, forcing eateries to rethink how they borrow money.February 4
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As more consumers order in using such services as Uber Eats and Grubhub, restaurants are selling fewer desserts, drinks and other high-margin items, said CEO Rajinder Singh.January 24
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If the no-premium agreement announced by First Horizon and Iberiabank this week is a sign that sellers’ asking prices will come down, then Regions might reconsider its anti-M&A stance, a company executive said.November 7
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As a growing number of chains go bankrupt, loan charge-offs are rising.August 21
