Red Lobster is facing the “toughest time” in its history during the coronavirus pandemic, CEO Kim Lopdrup said, as outside analysts worry about an impending $355 million loan that the company has to wait until next summer. The private seafood chain of more than 700 restaurants has a $380 million term loan, with more than […]
Loans in the market – unsecured personal loans created online on platforms such as Lending Club, Sofi, Best Egg and Upstart – have challenged skeptics in the Covid-19 pandemic, with defaults increasing only moderately then even as unemployment has skyrocketed. According to a recent report by data provider dv01, bad loans in the market – […]