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| Why Business Owners Should be Cheering for Alternative Lenders Forbes The economy crashed and bank lending to business owners came to a screeching halt. Most banks tightened their purse strings, while others got out of business lending altogether. According to the SBA Office of Advocacy, the number of business loans ... See all stories on this topic » | ||
| SBA lending in RI tops $18M since October New England Business Bulletin PROVIDENCE, R.I. — Rhode Island small business loans approved by the U.S. Small Business Administration have exceeded $18 million dollars for the last quarter of calendar year 2012, the SBA reported recently. Between Oct. 1 and Dec. 31, 64 firms were ... See all stories on this topic » | ||
| SEED closes three loans totaling $1 million New England Business Bulletin TAUNTON — The South Eastern Economic Development Corporation has recently closed on three small business loans totaling $1 million to Lacerta Group in Mansfield, Produce Barn in Norton, and Shaggy Chic in Attleboro. The loans enabled the ... See all stories on this topic » | ||
| HDFC Bank October-December Net Profit Grows 30% Fox Business For HDFC Bank, loans grew more than 24% from a year earlier to 2.41 trillion rupees as of end-December. More than half of that comprised loans to its retail customers for buying new vehicles or small business loans. Growth in retail loans will continue ... See all stories on this topic » | ||
| Local home lending rebounded in 2011, market still uncertain South Florida Business Journal The Business Journal used Compliance Technologies' LendingPatterns database of Home Mortgage Disclosure Act (HMDA) filings for a detailed view of local lending. Lenders made 67,707 South Florida home loans totaling $15.07 billion in 2011, up 2.2 ... See all stories on this topic » | ||
| HBOS business loans accused appear in court BBC News Eight people charged over an alleged multi-million pound business fraud have appeared in court. They are accused over business loans of up to £35m made through Halifax Bank of Scotland (HBOS) at Beauclerc House, Queens Road, Reading. See all stories on this topic » | ||
| Texas Legislature may address 'cycle of debt' caused by payday loans Fort Worth Star Telegram Credit access businesses, including payday lenders and auto-title loan businesses, have faced criticism for charging hefty fees to customers seeking loans. Last session, legislators passed a law that allows more oversight and tracking of these ... See all stories on this topic » | ||
| Euro Dives On Jitters About European Bank Loan Repayments Business Insider There's been chatter about European banks possibly beginning to repay loans early to the ECB from the central bank's LTROs (long-term refinancing operations) initiated in 2011. The loans were offered to troubled eurozone banks to boost liquidity in the ... See all stories on this topic » | ||
| Downtown committee approves loan for bed and breakfast Memphis Business Journal The CCDC made an exception in this loan, lending more than the $90,000 the project graded for. However, Velazquez and Gibson agreed to a personal guarantee on the loan, which is not standard for CCDC development loans. The project also received an ... See all stories on this topic » | ||
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| Regions halts its advance loan program in North Carolina Birmingham Business Journal (blog) "Our customers in North Carolina have given Ready Advance high ratings; however, based on a number of factors, including the small number of eligible customers in the state, we have made the business decision to stop offering the product in North ... See all stories on this topic » | ||
| Kentucky Habitat increases lending to affiliates Business First of Louisville As Business First previously reported, Louisville-based Habitat planned to use the certification to increase access to community development funding, which it planned to use to finance low-interest construction loans and other affordable housing ... See all stories on this topic » | ||
| State makes it easier for banks to modify underwater loans Boston Business Journal The state Division of Banks issued guidance last month that says state-chartered banks are free to modify the interest rates of underwater home loans without classifying the transactions as "troubled debt restructuring," as long as the borrowers are up ... See all stories on this topic » | ||
| U.S. Century Bank sells another $21M in loans South Florida Business Journal The Business Journal previously reported that the "undercapitalized" bank in Doral sold $30 million in loans in December, but the new findings brings that total to $51.2 million. Some of those loans were in foreclosure and it is not clear if the ones ... See all stories on this topic » | ||
| SBA loan guarantees rebound, up 23 percent over '11 Pittsburgh Business Times Small Business Administration guaranteed loans increased sharply in western Pennsylvania in terms of both deals and dollars during the final three months of 2012 as compared to the prior year. Transactions rose 23.2 percent while dollar volume jumped ... See all stories on this topic » | ||
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| Cincinnati banks still caught in loan trap Business Courier of Cincinnati But it's not all good news. Indeed, there's one strong signal that Cincinnati's economy has a long way to go: Problem loans at locally based banks, with assest ranging from $200 million to $118 billion, remain high. New data compiled for the Business ... See all stories on this topic » | ||
| US Tightens Compensation Rules for Mortgage Lenders Fox Business Mortgage companies would be barred from paying compensation to loan officers and brokers that could provide an incentive to push consumers into overpriced home loans, under rules finished Friday by a federal regulator. The rules by the Consumer ... See all stories on this topic » | ||
| SunTrust's Fourth Quarter Lifted by Capital Markets, Falling Expenses Fox Business Investment banking revenue rose 29% from a year earlier and at the same rate from the third quarter, to $112 million, driven by bond issuance by energy and media companies and an increase in syndicated lending to SunTrust's business customers, ... See all stories on this topic » | ||
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| China's Big Four get barely higher loan quotas TODAYonline SHANGHAI - China's central bank has granted its "Big Four" state-owned banks nearly 3 trillion yuan (S$588 billion) in new lending quotas in 2013, up only slightly from 2012, the official China Securities Journal reported on Friday, citing unnamed ... See all stories on this topic » | ||
| SBA closes Piscataway office today, citing decreased need in Sandy-recovery ... The Star-Ledger - NJ.com The SBA has received 226 loan applications from Middlesex County businesses, and has approved $1.3 million so far, according to the agency. Most of the applications – 195 – were from homeowners. Landlords can apply for the loans to fix up their rental ... See all stories on this topic » | ||
| Jack Henry Banking launches new retail and commercial lending platform Banking Business Review Cumberland Valley National Bank loan documentation manager Mary Sutton said the new flexible and scalable lending platform reduces its disclosure issues and provides the ability to adjust many signature lines. Jack Henry & Associates retail delivery ... See all stories on this topic » | ||
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| Bank of America's Moynihan, known for fixing and cutting, must now build Fox Business On a conference call with analysts, Moynihan and Chief Financial Officer Bruce Thompson laid out some of their efforts to gain new business, including hiring mortgage loan officers, small-business bankers and investment advisers in branches. Total ... See all stories on this topic » |
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| Choosing Between an LLC or Sole Proprietorship By Contributing Writer Additionally, you will have little or no legal fees for your start-up. You will have no corporate taxes of any kind to pay. All business will be transacted under your personal social security number. If you need a small business loan, your company ... Small Start Up Business Loans,... | ||
| Economists On New Zealand's Interest-Free Student... | Stuff.co.nz By Richard Meadows When the Labour Party campaigned to remove interest from student loans in 2005, its critics condemned the move as a blatant election bribe. Whatever it was, it worked. Since April 2006, student borrowers living in New Zealand have not had ... Stuff.co.nz - Business | ||
| Pakistan's loans cannot be written off or restructured - Pakistan Today By Asher John News Comments (2488313http%3A%2F%2Fwww.pakistantoday.com.pk%2F2013%2F01%2F19%2Fnews%2Fnational%2Fpakistans-loans-cannot-be-written-off-or-restructured-imf%2FPakistan%E2%80%99s+loans+cannot+be+written+off+ ... Pakistan Today | Latest news... |
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