Day: June 17, 2020

Near-Term Outlook Dim for SBIC & Commercial Finance Industry

The Zacks SBIC & Commercial Finance industry consists of companies that provide finance to small and mid-sized privately-held developing firms, which are generally underserved by traditional banks and other lenders. Firms suffering from financial distress are the primary target clients of these lenders.

Products offered by the industry participants also include mezzanine loans that typically pay high interest rates and could be converted into equity in the target firm.

Here are the three major themes in the industry:

  • Coronavirus-induced economic slowdown has resulted in a decline in commercial activities, in turn lowering the demand for small business loans. Also, lower interest rates will result in reduced investment income, and are likely to hurt SBIC & commercial finance stocks. Also, prepayments and refinancing are expected to rise, which may hamper profitability to some extent.
     
  • Given the virus outbreak and subsequent halt in business activities, the majority of sectors wherein SBIC &
Read More

Rear View Backup Camera System – What You Need To Know

It is amazing how many Americans manage to drive their cars without a good backup system. This is contrary to what is obtained in some European countries like the United Kingdom. Americans value security and safety a lot and it is astonishing how they leave their vehicles without rear view backup camera system.

If you do not have an idea of what exactly you are looking out for, you can get a good quality RV backup camera. This device ranks among the best in its category and it is one device you must install in your vehicle. It is certainly one of the few old and reliable backup camera systems around. It remains one of the few devices that can be bought separately and be used on cars or trucks. This can be done on the internet and precisely on a search engine. The keyword you should consider entering into … Read More