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Cannabis commercial real estate lender Pelorus Equity Group reported on Thursday its fourth quarter 2022 and full-year financial results. “Even in a volatile market, we outperformed the benchmark U.S. cannabis ETF by 84.58% and drove significant double-digit growth for our investors while...

A recent tweet by "CarDealershipGuy" grabbed a lot of attention. About 1.84% of auto loans are now "severely delinquent," he said, citing Cox Automotive data. That's the highest rate since February 2009 — a time when the global automotive industry spiraled as a result...

There is heightened uncertainty around LendingTree Inc’s (NASDAQ: TREE) second-quarter earnings due to macro headwinds, according to BofA Securities. The LendingTree Analyst: Nat Schindler maintained a Buy rating for LendingTree, while reducing the price target from $190 to $80. The...

Over the years, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has discussed openly how close the electric vehicle company was to bankruptcy. One item that helped the company avoid bankruptcy was a “loan” from the Department of Energy (DOE), but it wasn’t a traditional loan that many...

Upstart Holdings Inc (NASDAQ: UPST) was able to beat fourth-quarter expectations despite industry headwinds, according to BofA Securities. The Upstart Holdings Analyst: Nat Schindler upgraded the rating for Upstart Holdings from Underperform to Buy, while keeping the price target unchanged at $255...

Raising funds is one of the biggest issues for nascent projects across DeFi. As the competition for investors’ funds grows, it becomes a challenge for them to attract attention and get their much-needed cash flow for development — which, in its turn, stalls the creation of viable...

The Maryland Medical Cannabis Commission passed a new rule this week that will allow cannabis business owners to use their licenses as collateral for bank loans, reported the Baltimore Business Journal. Chris Chick, the chief lending officer of CFG Bank - one of the few Maryland banks...

SoFi Technologies Inc (NASDAQ: SOFI) is known for helping consumers get their money in order, and over the past three months, the stock has only helped. In fact, SoFi stock’s three-month return has outperformed a number of the world’s most popular retail investor stocks: AMC...

The fintech industry is booming. The sector can be broadly categorized by: Technology: AI, blockchain and distributed computing Service: Payment, fund transfer, personal finance, loans, insurance and wealth management Application: Banking, insurance and securities...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Egoras microfinance protocol has announced a V2 upgrade to amplify its services and make loans accessible to users. Many users of the...

Square Inc (NYSE: SQ) said it plans to purchase the “buy now, pay later” service provider Afterpay Limited, which is publicly listed in Australia.  What Happened: The Jack Dorsey-led company announced Sunday that it had entered into a Scheme Implementation Deed — under...

A lot has changed in the world of finance in recent years. The traditional bank loan has become harder to attain and start-up businesses have begun to look for alternative methods of raising funds.  The emergence of cryptocurrencies has brought new avenues to those looking for funding, and the...

Multistate cannabis operator iAnthus (OTC: ITHUF) (CSE: IAN) may suffer a stock trading suspension due to its delayed financial reports. The New York-based company expects to default on interest payments. It's "working diligently to file the Required Filings as soon as...

Other than loans under the Paycheck Protection Program, JPMorgan Chase & Co. (NYSE: JPM) will not accept any other small business loan applications until further notice. What Happened JPMorgan’s consumer head Gordon Smith informed President Donald Trump on Tuesday the bank had...

Stock market indices continue to hit record highs in the United States. On Nov. 8, the Down Jones Industrial Average closed at an 18.7% increase since Jan. 1. The S&P 500 and Nasdaq closed with a 23.4% and 27.7% yearly gain, respectively. While this is a good thing for investors, what about...