Startup Business Lines of Credit: How it Works & Best Options

Many new businesses don’t meet the eligibility criteria set by traditional financial institutions, including minimum time in business, annual revenue and credit score requirements. That makes it more difficult for startups to qualify for lending products like small-business loans. A business line of credit can be a convenient alternative for small business owners with pressing … Read more

The former manager of the Allianz Fund has accused the company and its lawyers of double-crossing him

A first person Allianz SE financial manager was blamed for the losses suffered by the company during a market crash prompted by the Covid-19 pandemic, prosecutors have been accused of violating the law by turning his lawyers against him. Gregoire Tournant, who was the chief investment officer for one of Allianz’s U.S. investment units, said … Read more

Blackstone Mortgage Trust Announces Tax Payment of 2022 Dividends

NEW YORK–(RELATED NEWS)–Jan 30, 2023– Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced the tax rate of its 2022 class A common dividend. The chart below summarizes Blackstone Mortgage Trust’s class A regular dividend payments for the fiscal year ended December 31, 2022: Documentation Payment Cash common Qualified Capital Day Day Sharing Adjustment dividend (1) … Read more

Coalition Promotes Insurance Companies Coalition

SAN FRANCISCO–(GOOD BUSINESS)–Jan 30, 2023– Coalition, the first Active Insurance company designed to prevent digital risk before it occurs, today announced the launch of the Coalition Insurance Company (CIC), the first full coverage, Active Cyber ​​​​Insurance carrier. The launch of CIC, which recently received an A- rating from AM Best, is a major milestone for … Read more

Manhattan District Attorney to Present Trump Hush-Money Evidence to Grand Jury

Manhattan District Attorney Gives Trump Hush-Money Testimony …  The Wall Street Journal

Louisiana lawmakers are trying to pass insurance funding in a special session

A special session of the Louisiana Legislature was called on Monday to appropriate funds for the Insurance Louisiana Incentive Fund, which was resurrected during the last session in an effort to attract insurance companies in the state. Last week, Governor John Bel Edwards issued a proclamation ordering the Louisiana Legislature to hold a special session … Read more

The Supreme Court’s student loan hearings are approaching: Here are some options to manage your debt—no matter the decision.

The result is up to $20,000 in student loan cancellation because more than 40 million borrowers are now in the hands of the Supreme Court. One group, however, stands to lose more if the court rules against the Biden administration. That is the group of black women. “We’re told that if you get your education, … Read more