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Small businesses turn to alternative lenders
Summary from United States, from articles in English
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Carlyle Group, the private equity firm, on Wednesday priced one of the largest ever managed European collateralised loan obligations at €1.5bn ($2.3bn) in a further sign that some areas of credit markets could slowly be coming back to life. (article 5)
The market for these CLOs - investment funds that buy pools of leveraged loans and fund them with slices of debt with different risk profiles - has been hit hard in the credit crunch. (article 5)
In Europe there has been a slow return to life in these investments funds, whose appetite for leveraged loans helped fuel the private equity buy-out boom before the credit crisis. (article 5)
This is slowly helping to boost demand for loans, hundreds of billions of dollars of which have been burdening banks' balance sheets. (article 5)
A number of new Web sites are trying to sidestep the traditional players, facilitating loans between students and anonymous investors or even friends and family members. (article 1)
By ANGELA SHAH / The Dallas Morning News ashah Like many new entrepreneurs, Lee Richards struggled for a few years after founding Acadia Sports, an Irving mail-order business that sells fishing gear. (article 3)
While most attention has been focused on faltering credit and housing markets, the federal student-loan market received a fairly quiet bailout. (article 2)
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Other stories about loans, mortgage and Lenders:
Event tracking:
Story keywords
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loans, mortgage, Lenders, Credit, borrowers |
Source articles
- The bank of family and friends: new student-loan w... (suntimes.com, 06/04/2008, 733 words)
- Looking for a student loan? They're still available, but you'll need a clean record (boston.com, 06/04/2008, 472 words)
- Small businesses turn to alternative lenders (dallasnews.com, 06/04/2008, 818 words)
- News for Dallas, Texas (dallasnews.com, 06/02/2008, 428 words)
- Carlyle deal breathes some life into CLOs (ft.com, 06/04/2008, 247 words)
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blaster@cs.columbia.edu
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