The average private company's likelihood of default is lower and debt-to-EBITDA, a measure of financial liquidity, is also below the period a year earlier, according to early estimates based on financial statements from 2012 and 2011.
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It looks as if the banking industry may be coming out of the woods. While this does not return the economy to pre-recessionary lending levels, it is a positive trend nonetheless.
Martin Foil's company sells yarn that winds up in clothes from the Gap, Ralph Lauren and American Apparel, and business is growing. He's buying new ma...
Lenders, brokers and borrowers beware. The Small Business Administration's Inspector General is looking for errors made during the origination, closing and servicing procedures.
Pundits say that $350 billion of commercial mortgage loans are coming due for payoff. The balances still owed are so high that many borrowers will be unable to refinance conventionally.
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