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Subprime Auto Loans Get Stretched to Seven Years

2015-06-24 11:37:49| Auto Dealers - Topix.net

Of the subprime vehicle loans bundled into securities, 73 percent now exceed five years, up from 64 percent during the first three months of 2014, according to data from Citigroup Inc. Loans as long as seven years are increasingly being put into more bonds as auto-finance companies and Wall Street banks sell the securities at the fastest pace since 2007. The longer loans make it easier for consumers to afford rising new and used car prices by spreading out and lowering payments.

Tags: years auto loans stretched

 

Kabbage Partners with UPS on Small Business Loans

2015-06-19 15:02:43| Air Courier - Topix.net

Kabbage, the online small business lender, has announced a partnership to make loans to customers of United Parcel Service, the global delivery firm. Under the deal, companies that are UPS customers will have real-time access to capital from Kabbage, according to a June 16 press release.

Tags: business small partners ups

 
 

Kabbage Partners with UPS on Small Business Loans

2015-06-19 00:46:43| Trucking - Topix.net

Kabbage, the online small business lender, has announced a partnership to make loans to customers of United Parcel Service, the global delivery firm. Under the deal, companies that are UPS customers will have real-time access to capital from Kabbage, according to a June 16 press release.

Tags: business small partners ups

 

Listing of bond loans issued by Swedbank AB on STO Structured Products

2015-06-17 14:59:13| Appliances - Topix.net

NASDAQ OMX Stockholm decides to officially list 2 bond loans issued by Swedbank AB with effect from 2015-06-18. The instruments will be listed on STO Structured Products.

Tags: products listing issued loans

 

Listing of bond loan(s) issued by Skandinaviska Enskilda Banken AB on STO Structured Products

2015-06-15 09:44:42| Appliances - Topix.net

NASDAQ OMX Stockholm decides to officially list 6 bond loan issued by Skandinaviska Enskilda Banken AB with effect from 2015-06-16. The instrument will be listed on STO Structured Products.

Tags: products listing issued loans

 

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