Feb 12, 2013

Google Alert - Business Loans

News38 new results for Business Loans
 
Community banks issue most small-business loans
Buffalo News
New York's community banks provide most of the loans for the state's small businesses and farms, generating more than half of all small- business loans and almost all small-farm loans even though they hold less than one-fourth of all bank assets in the ...
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Small business lending platform Biz2Credit is partnering with asset-based ...
New York Daily News
Small business owners who need quick cash have a new place to go: Biz2Credit. The small business credit platform that matches borrowers and lenders has added Borro, a fast-growing asset-based lender, to its menu of loan products. U.K.-based Borro ...
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New York Daily News
SBA Administrator Karen Mills stepping down
Philadelphia Business Journal
The SBA's loan programs played a major role in unfreezing credit to small businesses, thanks to the economic stimulus bill, which made SBA loans more attractive to lenders and borrowers by increasing the government guarantee on the loans and reducing ...
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Freescale nears closing debt refinance loans
Austin Business Journal
Freescale Semiconductor Inc. is close to finalizing two loans totaling $2.74 billion that would refinance its debt so that it will owe less in 2016 and so that it can postpone payments to 2020 that would have been due in 2019 and 2016. The unnamed lead ...
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Low-interest loans available to Georgia tornado victims
Atlanta Business Chronicle (blog)
According to WABE, "The loans are intended to cover uninsured losses by businesses, homeowners, and renters. Up to $40,000 will be available for personal property loss, $200,000 for loss of damage to homes, and up to $2 million for businesses." ...
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Small Business Administration loans could be reduced by sequestration
Philadelphia Business Journal (blog)
... be reduced by sequestration. Could less Small Business Administration lending be the least of small business' worries in the. Enlarge. Could less Small Business Administration lending be the least of small business' worries in the event of ...
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Sequestration could shave $540 million in SBA loans
Business Journal (blog)
Sequestration could shave $540 million in SBA loans. Kent Hoover. Sequestration could reduce the size of the Small Business Administration's guaranteed loan programs by $540 million this year, potentially denying loans to around 1,100 small businesses.
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SBA Loans for Businesses, Even if They Didn't Flood
Patch.com
Did your business in Point Beach, Point Borough or elswhere in the Jersey Shore region lose revenue because of Superstorm Sandy? If so, you should apply for a Small Business Administration (SBA) loan, even if your business was not physically damaged ...
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Federal budget squeeze could slash $540M from SBA lending
South Florida Business Journal
With many banks still hesitant to shoulder all of the risk for small business loans, the SBA programs have been a popular alternative to extend credit to thousands of companies across the nation. After a big decline during the recession, SBA-backed ...
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SALISBURY BANCORP INC. : SALISBURY BANK BENEFITS FROM NATIONAL ...
4-traders (press release)
The U.S. Treasury recently announced the results of a federal program developed to stimulate small business loans. Salisbury Bank, one of only three Connecticut Banks chosen to participate in the U.S. Treasury Department's Small Business Lending Fund, ...
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Fresh from a $30m funding round, Kabbage looks beyond the US to launch its ...
The Next Web
Small-business funding platform Kabbage has been making small inroads in the US over the past couple of years, serving up $500-$40,000 loans to help 'eBay entrepreneurs' grow their business. Indeed, the Atlanta, Georgia-based firm landed a cool $30m ...
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The Next Web
Pepper Acquires Spanish Loan Business of Celeris
PRWire (press release)
Madrid, Spain - 12 February 2013: Pepper Group ("Pepper") today announced that it has agreed to acquire the Spanish consumer loan business of Celeris, including a portfolio of approximately 164,000 performing consumer loans and a small non-performing ...
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RCU: 2012 was 'best year' in 63-year history
North Bay Business Journal
The number of business loans increased at a faster rate, rising by 9.5 percent compared to 2011 and totaling 795 the end of 2012. While the overall value of loans in the business portfolio, $180 million, had declined by 3.6 percent, Mr. Martinez said ...
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North Bay Business Journal
Discover Says Potential Student-Lending Changes Are Manageable
Fox Business
Rising federal student-loan debt and potential changes to how such loans are treated under bankruptcy could be a "train wreck" for U.S. taxpayers, Discover Financial Services President Roger Hochschild said Monday. The executive, speaking at an ...
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Consumer loan to be main driver of banking loan growth this year
The Star Online
Many expect business loans growth this year to moderate partly due to slower corporate loans disbursements and the repayment of loans for mega projects like those under the Economic Transformation Programme (ETP) coupled with strong demand for hire ...
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The Star Online
More banks cut lending rates
The Hindu
Tamilnad Mercantile Bank reduced its base rate by 25 basis points to 10.75 per cent from 11 per cent, and prime lending rate (PLR) to 16.50 per cent from 16.75 per centeffective February 11, S. Selvan Rajadurai, General Manager, (Business Development), ...
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The Hindu
Discover Reports Fewer Uncollectible Loans in January
Fox Business
Discover (DFS) wrote off less credit-card debt last month, according to a SEC filing on Monday. The company's net charge-off rate, or percentage of loans considered uncollectible, fell to 2.2% in January after checking in at 2.5% a month earlier. In ...
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Retail clients drive 14% loan growth
Bangkok Post
The banking system recorded 14% loan growth last year with an acceleration of retail lending but a slowdown of corporate lending, according to the Bank of Thailand. Loans for first-time car buyers under the government's tax rebate scheme and the demand ...
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Owner Refinances $80M in Loans on Hotels
San Diego Business Journal
Hotel investment firm Chatham Lodging Trust has refinanced approximately $80 million in mortgage loans on three of its properties, including Residence Inn San Diego Mission Valley. A statement from Chatham, a Florida-based real estate investment trust, ...
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Mills to leave Small Business Administration
Albany Times Union
Under her leadership, the SBA brought more than 1,000 community banks to its lending programs and it won a commitment from 13 big banks to increase their lending to small businesses over three years. The agency also regained its status as a ...
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Departing SBA Chief Mills Cites Record Loan Guarantees, Big-Bank Commitments
eCreditDaily.com
The 28 million small businesses backed by the agency through its various lending programs are responsible for creating two out of every three net new jobs in the U.S. economy. The agency also guarantees loans made to small businesses from private and ...
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eCreditDaily.com
BSP rediscounting loans up
Philippine Star
MANILA, Philippines - Loans extended by the Banko Sentral ng Pilipinas (BSP) to local banks continued to grow in January as banks with healthy deposit base need additional resources to fund their daily operations. Peso loans extended by the BSP to ...
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Transurban calls for govt infrastructure loans
Business Spectator
The company has been negotiating with both Labor and the coalition over the possibility of Australia adopting a plan similar to the United States by introducing legislation that allows for special loans to transport projects deemed nationally ...
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SBA head Mills to depart; led through hard times
SunHerald.com
11, 2013, Mills, the head of the Small Business Administration as it focused on helping small companies recover from the Great Recession, is stepping down. Under her leadership, the SBA brought more than 1,000 community banks to its lending programs ...
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SBA's Karen Mills Announces Resignation
American Banker (subscription)
Mills spent much of her early tenure championing the Obama administration's small-business policies, including the 2010 Small Business Jobs Act that contained a number of incentives aimed at boosting small-business lending. The SBA's primary mission is ...
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NTPC JV gets largest loan ever from REC
Business Standard
"A loan agreement for Rs 8,775 crore in this regard has been signed on with Rural Electrification Corporation. The loan would be utilised for financing capital expenditure of Nabinagar Super Thermal Power Project, and is the largest loan facility ...
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Business Standard
Karen Mills to step down as head of Small Business Administration
Los Angeles Times
"Together, we got capital into the hands of small business owners and entrepreneurs when they needed it most," she added. QUIZ: Test your knowledge about the debt limit. The SBA provides loans, loan guarantees and other assistance to small businesses.
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Eurozone lenders sit on record pile of bad loans
Deutsche Welle
It estimated that credits to the tune of 918 billion euros ($1.23 trillion) were currently not being paid back at all or could only partly be paid back, amounting to 7.6 percent of all loans granted in the eurozone. In Spain, 15.5 percent of loans fall ...
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SBA chief announces departure after four years
USA TODAY
Karen Mills, the Small Business Administration leader who helped small business and entrepreneurs get loans, funding, and government contracts through bills such as the Small Business Jobs Act and the Jumpstart Our Business Startups Act said Monday ...
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The Risky Businesses of Banks Chasing Yield
American Banker
Although mortgage loans seem vanilla, in today's world of consent orders, putback claims and the newly issued CFPB guidelines, banks must be aware of the additional regulatory requirements they will be inheriting as they move into this business.
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Payday loan danger day campaign success
bdaily
Text messages were sent to tenants and newsletters and business cards were distributed throughout the Redcar and Cleveland borough. Coast & Country has pledged that its campaign against payday loans will continue. Iain Sim, Chief Executive of Coast ...
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HPL seeks Rs 100 cr loan from Mamata Banerjee govt
Business Standard
In March 2012, HPL was in similar situation and was about to be reported to BIFR but the board then had approved conversion of a part of HPL's loan into equity and that saved the day for HPL. Partha Bhattcahrya was the MD of HPL during that tenure.
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Small Business Administration chief Karen Mills resigns
CNNMoney
The SBA's primary purpose is to help small businesses get access to funding via government-backed loans from private banks. That task became extraordinarily difficult during the recession, as banks reeled back from their normal lending practices.
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Sandy disaster loan deadlines extended
Brooklyn Daily
The Small Business Administration has extended its deadlines for Sandy-hit small businesses and homeowners to apply for disaster loans — and it's offering application help from the experts. Storm victims should apply for physical damage claims by Feb.
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Romania's CB governor urges banks to prioritize business lending
Balkans.com Business News
Romanian central bank governor, Mugur Isarescu, said last week that many banks have not changed their businesses to help companies and have continued to focus on consumer loans and mortgages, which are easier to sell, although Romanians have ...
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Small Businesses Leading Nation's Economic Recovery
CPA Practice Advisor
Total business lending continued to increase by June 2012; the rate of decline slowed for small business loans of all size categories. Funds raised by venture capital firms increased, and disbursements increased to levels comparable to those in 2006.
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SBA Chief Karen Mills Resigns: She Will Be Missed
Small Business Trends
She reinforced the small business support mission of the SBA. In a speech in 2010 she articulated the mission of the SBA as the 3 Cs: Capital (SBA-guaranteed loans), Contracts (government contracts) and Counseling (educational outreach and disaster ...
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Small Business Trends
Lending standards eased
Visayan Daily Star
In the previous quarter, credit standards for both business and household loans were unchanged. The survey consists of questions on the overall credit standards of commercial banks in the Philippines, as well as factors affecting the supply of and ...
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Web7 new results for Business Loans
 
Chase giving out more small business loans in Florida - Sun Sentinel
Chase gave out $640 million in loans to Florida small businesses in 2012, a 22 percent jump from the previous year and more than the national average, the ...
articles.sun-sentinel.com/.../sfl-chase-small-business-loans-201...
SBA Administrator Karen Mills stepping down - The Business Journals
The SBA's loan programs played a major role in unfreezing credit to small businesses, thanks to the economic stimulus bill, which made SBA loans more ...
www.bizjournals.com/.../sba-administrator-karen-mills-steppin...
Business Loans - Coastal Carolina National Bank - CCNB
Business loans for acquisitions, lines of credit, real estate refinance, equipment purchases, construction loans.
www.myccnb.com/business-banking/business-loans/
Pay Day Cash Advances - Payday Loans Online
Fast payday loans, you can get a business loan from a private financial company that provides foreign exchange trading as well. Ranker also of bad credit, these ...
paydaycashadvances93to.com/
Online Small Business Loans | About Us
The originators of eSmall Business Loan are experienced loan professionals who have assorted backgrounds in developing successful businesses. We treat ...
esmallbusinessloan.com/about.php
Banks' shift from small business loans continues | Business Credit ...
Blog with the latest news and trends about business credit, probability of default, credit risk and risk management practices.
blog.sageworkscreditreport.com/.../banks-shift-from-small-bus...
Could we get a business loan? - Yahoo! Answers
Could we get a business loan? I have a job but my husband doesnt. We want ... It is unlikely you will get the loan but it would depend on your income and business ...
answers.yahoo.com/question/index?qid...


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