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IMF approves critical loan for Ukraine

MOSCOW – President Volodymyr Zelensky of Ukraine won an important vote of confidence in his promised anti-corruption efforts as International Monetary Fund approved a multi-billion dollar loan program for the country. The fund’s board on Tuesday evening authorized a line of credit of around $ 5 billion over 18 months, …

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Foster City Launches Business Loan Program | Local News

To provide short-term assistance to businesses so they can stay in the city and prevent deterioration of commercial zoned properties in light of COVID-19, Foster city officials are creating a new program to provide loans ranging up to $ 25,000. Borrowers eligible for the revolving commercial loan program would repay …

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Business loan program strengthened, JobKeeper refined

The original scheme lent money to provide businesses with working capital, but the revamped scheme will also broaden the criteria for lending for investment. The new program will start on October 1, 2020 and will be availableuntil June 30, 2021. Banks and their lenders can negotiate an interest-free period or …

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