#loan-repayment

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SFGATE
1 month ago
SF real estate

Last year was bad for commercial real estate. 2024 could be worse.

Over $900 billion in commercial real estate loans due this year are a significant risk to regional banks and municipal finances.
Commercial real estate loan repayment challenges, especially in the office market, are expected to mirror the difficulties faced in 2023. [ more ]
www.cbc.ca
4 months ago
Canada news

Businesses need to pay CEBA loans or lose free money because the deadline isn't changing | CBC News

The Canadian government has indicated that the deadline for businesses to repay CEBA loans will not be postponed again.
More than 885,000 small businesses and not-for-profits in Canada took out CEBA loans, totaling over $48 billion. [ more ]
www.cbc.ca
4 months ago
Canada news

As clock ticks down to CEBA deadline, business owners plead for understanding from government | CBC News

Small business owners in Canada are asking the federal government to extend the deadline for repaying emergency loans received during the pandemic.
Many businesses are struggling to repay the loans by the January 18 deadline and are calling for financial assistance or forgiveness of a portion of the loans. [ more ]
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