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| SBA to expand loan programs to small businesses Examiner.com The U.S. Small Business Administration (SBA) today, February 26, 2013, announced that it has proposed new regulations that will increase access to capital and reduce the amount of paperwork required by borrowers and lenders of SBA-backed loans. See all stories on this topic » | ||
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| Rebirth Financial Launches Nationally- Small Businesses Across America Now ... Crowdsourcing.org NEW ORLEANS, Feb. 26, 2013 /PRNewswire-iReach/ -- Rebirth Financial, Inc. today announced the nationwide launch of its successful small business lending program. Since launching in 2010, Rebirth Financial has helped hundreds of small businesses in ... See all stories on this topic » | ||
| NM banks grew profits, lending in 2012 Albuquerque Business First Loan balances increased by $227.8 billion, or 1.6 percent, in the quarter, with the increase led by commercial and industrial, credit card and nonfarm nonresidential real estate loans. Noncurrent loans fell by $16.1 billion, or 5.5 percent, in the ... See all stories on this topic » | ||
| Big U.S. banks' role in payday loans under the microscope Charlotte Business Journal (blog) The banks don't actually make the loans, but they allow Internet-based lenders to withdraw payments automatically from borrowers' bank accounts. The lenders make short-term loans with interest rates sometimes exceeding 500 percent. The withdrawals can ... See all stories on this topic » | ||
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| Poor Credit Business Loan Products Now Available From Cash Funds Fast Virtual-Strategy Magazine (press release) Businesses now have immediate access to funding solutions for expansion, operational expenses or exploring new markets. Cash Funds Fast, an alternative business capital lender is making several poor credit business loan programs available to ... See all stories on this topic » | ||
| Dimon Pledges to Change JPMorgan's Practices on Payday Loans New York Times While JPMorgan Chase does not make the loans directly, the bank, along with other giants like Bank of America and Wells Fargo, enable the online payday lenders to deduct payments from customers' checking accounts, even in the 15 states where the loans ... See all stories on this topic » | ||
| TransUnion: Late auto-loan payments rose in 4Q STLtoday.com LOS ANGELES (AP) — More Americans fell behind on their auto loan payments in the last three months of 2012, a time of the year when some borrowers' financial obligations temporarily take a backseat to spending on holiday shopping. Beyond the ... See all stories on this topic » | ||
| Bucks to launch $4 million venture capital fund for local business phillyBurbs.com {span}{span}Business loans would be reviewed by a single agency — the Bucks County Industrial Development Authority — with final approval by the commissioners. And that would be a big change from the current way of doing business with the county. See all stories on this topic » | ||
| BBA figures suggest businesses have little appetite for loans Works Management "The very fact that businesses are more comfortable reducing their debt than having the appetite to borrow more is a further indication of either how weak business confidence is at the moment, or how banks are still failing to offer businesses loans ... See all stories on this topic » | ||
| US 4Q bank earnings up 37 pct.; highest in 6 years Anchorage Daily News By MARCY GORDON — AP Business Writer. WASHINGTON — Profits at U.S. banks jumped almost 37 percent for the October-December period, reaching the highest level for a fourth quarter in six years as banks continued to step up lending. The figures are ... See all stories on this topic » | ||
| Finance Wales accelerating funding for micro-businesses WalesOnline Supplementing existing funding under its £150m Jeremie Fund for investing in small businesses employing less than 10, it last year received additional fire power to back the sector with £6m from the Welsh Government for its Wales Micro-business Loan ... See all stories on this topic » | ||
| How will the sequester affect local business? York Daily Record There's too much rhetoric, and it's hard to tell what's fact or fiction," said Eugene Draganosky, chief lending officer at York Traditions Bank. The York County-based financial institution originates loans for the SBA. Those loans, he said, favor ... See all stories on this topic » | ||
| US 4Q bank earnings up 37 pct as lending rises Modesto Bee WASHINGTON -- Profits at U.S. banks jumped almost 37 percent for the October-December period, reaching the highest level for a fourth quarter in six years as banks continued to step up lending. The figures are fresh evidence of the industry's sustained ... See all stories on this topic » | ||
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| Florida bank profits soar, loans grow Tampa Bay Business Journal Lending during 2012 was strong, with the 209 banks in the state ending the year with $92.1 billion in total loans and leases, a $5.4 billion increase from a year earlier, when there were 227 banks in the state. Nationally, commercial banks and savings ... See all stories on this topic » | ||
| SBA to Expand Access to Loan Programs PR Newswire (press release) 26, 2013 /PRNewswire-USNewswire/ -- Borrowers and lenders of loans backed by the U.S. Small Business Administration will have greater access to capital and less paperwork as a result of a proposed regulation aimed at streamlining the SBA application ... See all stories on this topic » | ||
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| Colorado officials hope On Deck Capital's arrival will help grow other businesses Denver Business Journal On Deck offers an online application model in which it looks at available information about the company and at the financial records owners provide and can determine within hours or even minutes whether it will give the business a loan. CEO Noah ... See all stories on this topic » | ||
| Tri-Valley Bank Announces Fourth Quarter 2012 Earnings Business Wire (press release) "Loan growth for 2012 is viewed as positive for both the bank, with the fierce competition for quality loans in our market, and for the economy as we see businesses increasingly re-entering the market. We remain optimistic about the future and we ... See all stories on this topic » | ||
| What business reporters must know about interest rates and why they matter Reynolds Center If that's the case, is the bank's new line of business an area that the bank knows well and can easily manage? What risks accompany the bank's new line of business? Who are the winners and losers in term of loan growth amongst the community banks in ... See all stories on this topic » | ||
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| NMI can learn from Michigan's experience Marianas Variety THE Northern Marianas can learn from the mistakes that Michigan encountered as it began its small business loan programs. Michigan Economic Development Corp. vice president Paul Brown and U.S. Treasury's outreach manager for the State Small ... See all stories on this topic » | ||
| Report: Montgomery County business incentives not keeping business Washington Examiner About 60 percent of the businesses that received money through the county's largest incentive program -- the Economic Development Grant and Loan Program -- did not fully meet the criteria to receive an award. If a significant number of criteria are not ... See all stories on this topic » | ||
| US Banks' Fourth Quarter Profit Jumps 37% Fox Business Net income at U.S. banks climbed by more than a third in the last three months of 2012 as lenders set aside less money for potential bad loans and further shed the vestiges of the financial crisis. Bolstered by gains on loan sales and trading revenues ... See all stories on this topic » | ||
| Growing Oregon business Oregon Business (blog) As director of Business Oregon, the state's economic development agency, I oversee a wide range of tools available to help businesses grow in Oregon. Export assistance, direct loan programs, loan guarantees with private lenders, cutting-edge research ... See all stories on this topic » | ||
| Washington's community bank work force grows 5.6% Puget Sound Business Journal (Seattle) (blog) But the numbers do add up to a report card on the health of the state's 71 community banks, which play a big role in the economy as they make loans to small businesses and real estate developers. To be sure, 19 Washington state banks have had to be ... See all stories on this topic » | ||
| Private Equity Seeks European Bank Assets, but Deals Are Slow to Come New York Times (blog) Last year, Apollo Global Management, for example, picked up consumer lending businesses in Ireland and Spain from Bank of America, as the American bank pulled back from the struggling European economies. K.K.R. also pocketed an Australian loan ... See all stories on this topic » |
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| Bill English Reserve Bank Consult on Home Loan Deposit... | Stuff ... By Tracy Watkins Rules aimed at taking some of the heat out of the housing market and providing greater financial stability could be agreed as early as the middle of the year, Finance Minister Bill English says. Stuff.co.nz - Business | ||
| TransUnion: Late auto-loan payments rose in 4Q | Long Island ... By The Associated Press "Consumers are valuing their auto-related loans a little more ahead of other things when they do get a little bit stretched in their budgets," said Peter Turek, automotive vice president in TransUnion's financial services business unit. The rate of ... Long Island Business News |
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