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| City Announces Small Business Loan Program Patch.com The new program, known as BaltimoreMICRO, will offer loans to local businesses between $5,000 and $30,000 to retail, service providers and contractors with less than $1 million in annual revenue and with a personal credit score of at least 650 ... See all stories on this topic » | ||
| M&T sets pace for approving small-business loans Rochester Democrat and Chronicle The U.S. Small Business Administration's Buffalo office, which covers the Rochester market, said M&T Bank set the pace for approving the most small-business loans in the first month of the new federal fiscal year. M&T made 19 SBA 7(a) loans in October. See all stories on this topic » | ||
| General Motors expands car-loan unit by buying Ally's operations in Europe ... Minneapolis Star Tribune The auto giant's U.S. loan business, GM Financial, will pay $4.25 billion for the Ally assets, helping GM to better compete in markets where other automakers already have their own loan operations. Automakers with their own finance arms often subsidize ... See all stories on this topic » | ||
| Disaster loans for businesses affected by Alaska salmon closures available Alaska Dispatch Small businesses feeling the pinch due to the Alaska king salmon fishery disaster this summer may qualify for Economic Injury Disaster Loans of up to $2 million to help meet their financial needs. State officials estimate that commercial fishery permit ... See all stories on this topic » | ||
| Stonegate Mortgage sees big business in deal with Community Bank Mortgage Bizjournals.com Steve Landes, executive vice president of loan origination for Stonegate in Overland Park, said the agreement already is bringing substantial business. "It's all part of a new channel of business I launched in April to focus just on doing mortgage ... See all stories on this topic » | ||
| Colorado veterans recieving millions in small business loans Colorado Springs Business Journal In fiscal year 2012, ending Sept. 30, the Colorado District Office reported 68 loans to veterans for $26.4 million and 47 loans to disabled veterans for $23.8 million. In fiscal year 2011, there were 72 loans to veterans valued at $29 million and 9 ... See all stories on this topic » | ||
| Banks emphasize loan availability as business rebuild from Sandy NJBIZ Chase is committing $5 billion in loans to small and midsized businesses in addition to its usual business lending, and said in the past two weeks its business bankers have called nearly 90,000 customers in the storm's path. "We realize many business ... See all stories on this topic » | ||
| From bricks-and-mortar failure to online success Great Lakes Advocate Allen, 28 and Fraser, 29, learnt a hard lesson after investing a combined $80,000 into a business that they thought would disrupt the home loan industry. Tomorrow Finance works in a similar way to a mortgage broker. But while mortgage brokers often ... See all stories on this topic » | ||
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| Businesses Yet To See Lending Boost From Credit Scheme - BOE Agents Fox Business Small businesses in the U.K. have yet to experience any benefit from a new scheme aimed at boosting lending, the Bank of England's network of regional agents said in a report Wednesday. The agents said lower bank funding costs from Britain's Funding ... See all stories on this topic » | ||
| PTSB in €287m Deutsche deal Irish Independent State-owned Permanent TSB has signed a €287m deal to sell its car loans, consumer loans and some business loans. The buyer is understood to be Deutsche Bank. The bank has also agreed to hand over the business units that look after, or service, the ... See all stories on this topic » | ||
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| Federal Officials Tour Seaport Businesses Devastated by Sandy DNAinfo Business owners hurting from Hurricane Sandy can apply for two types of low-interest SBA loans, Mills said. One will help with the cost of damaged property and the other, an Economic Injury Disaster Loan, is designed to plug the revenue gap for ... See all stories on this topic » | ||
| Northwest To Acquire The Bert Insurance Group Equities.com ... commented, "The Bert Insurance Group brings another dimension to our financial services group, and we believe that strong synergies exist for the cross sale of insurance, investment, trust, retail and business deposit and lending products and services. See all stories on this topic » | ||
| WEDC announces loans, tax credits for emerging companies L.A. Biz WEDC approved another $1.6 million in technology development loans for companies in Madison, Eau Claire and Waunakee. WEDC also announced Qualified New Business Venture tax credits for several companies, including Perfect Cross, Nashotah; ... See all stories on this topic » | ||
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| Banks reluctant to reenter housing finance business The News International There is a fear among bankers that in case of any agreement for loans, the International Monetary Fund (IMF) and other donor agencies may influence the interest rate as done in the past, said experts. "Banks are unlikely to have significant exposure to ... See all stories on this topic » | ||
| Alliance Plans to Shift $1 Billion of Bad Loans, CEO Says Businessweek AO Alliance Bank, the first Kazakh lender to default in 2009, plans to transfer as much as $1 billion of bad loans to a special-purpose vehicle to help cover a capital shortfall as it looks to revive lending and cut costs. "We expect positive capital ... See all stories on this topic » | ||
| UPDATE 1-Judge approves sale of Residential Capital assets Reuters Mortgage business going to Ocwen and Walter Investment. * Portfolio of 50,000 loans going to Berkshire Hathaway. By Rick Rothacker. Nov 21 (Reuters) - A U.S. bankruptcy court judge on Wednesday approved the sale of Residential Capital LLC's mortgage ... See all stories on this topic » | ||
| Fullerton India Reports Strong Performance Moneylife Fullerton India has a diversified product suite which includes Mortgage Loans, SME & Business Loans, Commercial Vehicle Loans, Two-wheeler Loans and Personal Loans and offers these products in urban locations, across 21 states. The Company is ... See all stories on this topic » | ||
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| Rate on US 30-year mortgage hits record 3.31 pct. Boston.com Mortgage buyer Freddie Mac said Wednesday that the average rate on the 30-year loan dipped to 3.31 percent, the lowest on records dating back to 1971. That's down from 3.34 percent last week, the previous record low. The average on the 15-year fixed ... See all stories on this topic » | ||
| New Short-Term Micro Loans From The Lending Circle Address Immediate ... PR Web (press release) The Lending Circle, a division of Sunovis Financial, is proud to offer a new product: short-term micro loans for small businesses. While not all businesses are eligible, a majority are, and the underwriting emphasizes cash flow and business health, not ... See all stories on this topic » | ||
| KKR Leads Firms Into Junk Sales as Buyouts Slide Businessweek "The larger private-equity shops, particularly the ones that are public, are looking for other revenue streams," said Steven Kaplan, a finance professor at the University of Chicago's Booth School of Business. "Leveraged loans and high yield is where ... See all stories on this topic » | ||
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| Fitch Affirms Ocwen Loan Servicing's CMBS Special Servicer Rating Business Wire (press release) NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms Ocwen Loan Servicing, LLC's (Ocwen) commercial mortgage-backed securities (CMBS) special servicer rating at 'CSS2-'. The special servicer rating reflects an assessment of the company's experienced ... See all stories on this topic » | ||
| Quicken Loans to sponsor Grand Prix's 'Dual in Detroit' Crain's Detroit Business Quicken Loans Inc. will be the presenting sponsor of both IndyCar Series races as part of the 2013 Chevrolet Detroit Belle Isle Grand Prix, it was announced Tuesday. Tickets also went on sale Tuesday for the Grand Prix, which will take place on Belle ... See all stories on this topic » | ||
| FHA tweaks could affect some borrowers Hartford Courant Among the most immediate changes, new borrowers early next year are likely to be charged slightly higher annual mortgage insurance premiums — 1.35 percent of the loan balance rather than 1.25 percent at present. On loans above $625,500 in high-cost ... See all stories on this topic » | ||
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| 'Very steep rise' in disputes: ombudsman Sydney Morning Herald A growing number of Australians are struggling to repay home loans, credit cards and personal loans, the Financial Ombudsman Service (FOS) annual review has found. The ombudsman's report, released today, said the not-for-profit organisation had ... See all stories on this topic » | ||
| AmEx Boosts Small Business Saturday MediaPost Communications Besides Amex's Small Business Saturday, Mandelbaum cites Goldman Sachs' 10,000 Small Businesses campaign, Starbucks raising money from customer donations to finance small-business loans, the New York Stock Exchange linking small vendors with ... See all stories on this topic » | ||
| Fitch: Increased Presence of Asset Based Revolvers Could Impact Covenant ... Business Wire (press release) CHICAGO--(BUSINESS WIRE)--U.S. covenant-lite loans have made a significant comeback in the leveraged finance market reflecting investor willingness to take on more risk in exchange for higher yields, according to a report by Fitch Ratings. Year-to-date ... See all stories on this topic » |
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| Disaster loans offered to local small businesses By Trim Nick Small business in the Y-K Delta impacted by the 2012 Alaska Chinook Salmon Fishery disaster are now eligible for federal disaster loans through the U.S. Small Business Administration. This program follows a disaster declaration made by ... KYUK | ||
| American Doctors Are Going Broke: What Can They Do? By Biz2Credit Advisor Banks and credit unions are not as loose with small business lending to private medical practices as they once were. Alternative lenders, however, offer plenty of options from short-term loans to revolving lines of credit. A line of credit can be a ... Small Start Up Business Loans,... | ||
| More »Baltimore Has New Opportunity For Small Businesses By Kelly BALTIMORE (WJZ) — At a time when many are struggling to stay afloat, the city opens an opportunity for small businesses. Political reporter Pat Warren explains Baltimore expects a new micro loan fund to benefit entire neighborhoods. CBS Baltimore |
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| Business Loan | Clare Bank Business Loan. Loans. Business Real Estate Balloon; Equipment Loan (1 year balloon); Operating Line of Credit (1 year); SBA Guaranteed Loans for Business ... www.clarebank.com/business-ag/business-loan/ | ||
| Veterans Need Business Loans More Than Ever - LOANS .org Veterans need business loans to start businesses and begin self employment. Not all veterans will obtain a business loan due to stringent requirements. loans.org/business/articles/veterans-need-financing-more-ever | ||
| Small Business Loans For Women - Squiggly Lines! Small Business Loans For Women - SBA Proposes to Pre-Qualify Small Businesses For Loans. Are you accessible for this? In a absolutely avant-garde move, ... squigglylinescomics.blogspot.com/.../small-business-loans-for-... | ||
| Small Business Loans emergency fund available for hurricane ... Governor Andrew M. Cuomo today announced that the New York Bankers Association (NYBA) and the New York Business Development Corporation ( NYBDC) ... www.examiner.com/.../small-business-loans-emergency-fund-... | ||
| Small Bank Approvals of Small Business Loans Passes 50% in ... Small banks are approving more small business loans than they reject for the first time since the Great Recession, according to the Biz2Credit Small Business ... www.biz2credit.com/.../bank-approvals-of-small-business-loan... | ||
| Small Business Loans - North Baltimore, MD Patch A new micro loan program for small Baltimore businesses was announced by the city on Wednesday. The new program, known as BaltimoreMICRO, will offer ... northbaltimore.patch.com/topics/small+business+loans | ||
| Technology Changes Business Loan Credit Requirements | Business Business Loans. Despite the fact that banking institutions continue to refuse businesses access to funding, numerous new private funding companies are willing ... beforeitsnews.com/.../technology-changes-business-loan-credit... |
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