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| Getting a loan to open a franchise getting harder nwitimes.com NEW YORK | When Rick Kimsey decided to start a business, a franchise seemed like the best way to go. Buying a franchise — in his case, a Doctors Express urgent care facility — meant he didn't have to start from square one. The business came with a ... See all stories on this topic » | ||
| Car title loans spark ire in Virginia Richmond Times Dispatch Covington used the 2005 Silverado as collateral to borrow money from one of the growing number of Virginia businesses that lend cash against a person's car. It's a decision Covington regrets. With the loan's interest rate of about 240 percent ... See all stories on this topic » | ||
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| Loan Rates Point to Euro Zone Fractures CNBC.com The interest rate charged by banks on a corporate loan of up to €1m lasting between one and five years – which would typically be taken out by a small business – was 6.5 per cent in July in Spain, according to the ECB figures. That was the highest ... See all stories on this topic » | ||
| Lansner: Lenders rediscover lending OCRegister That's what the local real estate industry has been saying ever since the property market's huge crash helped sink the business climate into a deep freeze. Even as economic conditions thawed, skittish bankers made it awfully hard to get fresh loans – a ... See all stories on this topic » | ||
| Auto loans fastest growing segment Times of India MUMBAI: Car loans have been the fastest growing segment among the personal lines business of banks while lending for consumer durables has recorded a sharp drop, according to data released by Reserve Bank of India. Outstanding car loans have for the ... See all stories on this topic » | ||
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| Claims of 'Satanic' Business At Katima AllAfrica.com Katima Mulilo — A new business venture has taken root in Katima Mulilo which offers cash loans of up to N$50 000 with some Katima Mulilo residents likening the venture to "Satanism". Skeptical members of the public have condemned the new business ... See all stories on this topic » | ||
| DECD eyes loan expansion Hartford Business The state's Small Business Express loan program has garnered so much interest that state officials may consider asking lawmakers next year to provide more funding and extend the $100 million program. So far, almost 1,300 businesses have submitted ... See all stories on this topic » | ||
| PSU banks go slow on loan rate cuts Times of India NEW DELHI: Over two weeks after the government suggested that state-owned lenders could lower the EMI (equated monthly installment) burden on consumer durables finance and auto loans, only a handful of players have moved ahead. On Monday ... See all stories on this topic » | ||
| Payday loans a misplaced attraction Business Spectator The Caught Short report, released jointly by National Australia Bank, RMIT University, the University of Queensland, the Queensland University of Technology and Good Shepherd last month, showed that the majority of payday loan customers were on ... See all stories on this topic » | ||
| US Bank expanding footprint in N.M. LoanSafe New small-business specialists are in the branches. The bank plans to be a significant originator of Small Business Administration loans. It hopes to step up its consumer lending. It will offer payroll, funds management, merchant services and other non ... See all stories on this topic » | ||
| Lloyds Said Planning to Sell $2.5 Billion of Mainly Irish Loans Businessweek Lloyds Banking Group Plc (LLOY) plans to sell about 2 billion euros ($2.5 billion) of mainly Irish real- estate loans, the latest phase in extricating itself from Western Europe's biggest property crash, according to a person with knowledge of the ... See all stories on this topic » | ||
| EGoM to consider slashing interest rate on crop loans Business Standard Drought-hit farmers, whose crop loans are rescheduled into term loans due to their inability to pay, may be charged lower interest rate at 7 per cent from 12 per cent as part of relief measures being considered by the government. The Agriculture ... See all stories on this topic » | ||
| Saudi home loans almost double amid new law impetus gulfnews.com The home-loan jump is tracking a broader advance in lending growth as the kingdom pursues plans to spend $514 billion to build properties, industrial cities and airports. Credit to private businesses grew 14 per cent in July, the fastest pace in more ... See all stories on this topic » | ||
| Barclays reduce cost of borrowing for businesses and homeowners MyIntroducer.com Barclays has today announced that businesses and homeowners will benefit from the launch of a range of great value lending products. From today Barclays is offering its SME customers an instant cashback injection of two percent on loans, which will ... See all stories on this topic » | ||
| Crowdfunding in an ailing economy Business Review Europe Two main forms have proliferated; crowdfunding can take the form of a donation to a particular cause or as a loan on a Peer to Peer (P2P) or Peer to Business (P2B) agreement. Initially it was the donation model that took off, utilised by individual ... See all stories on this topic » | ||
| Chinese banks take steel makers to court over bad debts Business Spectator Chinese steel traders are increasingly being taken to court by the nation's banks over in order to chase down unrepaid loans, Reuters reports. According to the news agency, the crisis has been attributed to a failure in the previous round of government ... See all stories on this topic » | ||
| Lenders want to lend but businesses have a tougher time qualifying Lehigh Valley Business ... get loans and those who really need the money are facing lower demands for products and services and their gross revenue is not as high, explained David Dickson, district director for the Eastern Pennsylvania region of the Small Business ... See all stories on this topic » | ||
| Bank of Tokyo seeks mortgage deal with AMP The Australian Financial Review One of Japan's biggest banks, Bank of Tokyo-Mitsubishi UFJ, is in discussions with AMP Bank about injecting billions of dollars of funding for Australian home loans. Bank of Tokyo-Mitsubishi UFJ, which already lends $10.4 billion to companies in ... See all stories on this topic » | ||
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| 'Penalize banks for non-compliance' Sun.Star THE Filipino Cebu Business Club Inc. (FCBI) is supporting the move to impose a higher penalty for banks not complying with the mandatory lending required by the Magna Carta for micro, small and medium enterprises (MSMEs). FCBI president Rey Calooy ... See all stories on this topic » | ||
| TEXT-S&P Affirms HSBC Bank Panama 'BBB/A-2' Ratings; Outlook Stable Reuters Although the sale will result in less geographic diversification, the impact will be partially offset by an adequate market position in Panama, in practically all business lines, which is underpinned by the good economic prospects in the country. As of ... See all stories on this topic » | ||
| NCUA Reports: Loans for First Mortgages Rise by 1.7 Percent in Q2 National Mortgage Professional Magazine During the second quarter, member business lending increased by 1.2 percent to $40.2 billion from $39.7 billion. Additionally, short-term small loans grew by 23.9 percent to $16.7 million. The product is a low-cost, consumer-friendly alternative to ... See all stories on this topic » | ||
| Wide network of lenders keeps credit flowing Financial Times ... the second world war and is part of an ecosystem of public-sector lending dedicated to keeping credit flowing. Using the muscle of the state to borrow cheaply, KfW and its regional partners can pass on favourably priced loans to businesses and ... See all stories on this topic » | ||
| An entrepreneur's bank of the future Real Business "Banks are going to completely exit the business lending market, because its limited liability is too risky for them," Dixon predicts. Currently, only eight per cent of bank loans are going to businesses. Dixon is sceptical of angel investment for ... See all stories on this topic » | ||
| Georgian Banks Relaxing on Lending for Trade The FINANCIAL "In order to reduce interest rates on loans commercial banks should seek low-cost financial resources; existing risks in business should be reduced and competition among banks should increase," Murgulia explained. Murgulia said that economic activity ... See all stories on this topic » | ||
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| ProCredit MD Calls For Tough Entry Requirements Peace FM Online Speaking on the sidelines of a business forum organized for existing and potential customers on Tuesday, Mrs Zetterli said the microfinance sector was becoming overcrowded mainly because the barrier to entry was too low. All Tier 2 microfinance ... See all stories on this topic » | ||
| Women meet challenges in business Deseret News Klein also founded SoMoLend, a technology platform that connects business borrowers seeking loans with lenders looking to make a return on investment. In Utah, SoMoLend has partnered with KeyBank — which is lending a minimum of $50 million. "The No ... See all stories on this topic » | ||
| Survivors of March tornadoes 'putting it back together, a little bit at a time' LoanSafe With insurance settlements, FEMA disaster aid, Small Business Administration loans and an outpouring of donations and help from churches and volunteers, most people have repaired their homes or gotten new ones. "For half a year, I'm just amazed," said ... See all stories on this topic » | ||
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| First Community Bank Comes Under Federal Order - Talk Business By Kim Souza "The board is very confident that's conservative business strategy will be successful and that we will remain active in the business of making loans in the communities we serve, but with a stronger emphasis on the quality of loans we extend. Talk Business | ||
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