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| UK's Cable: Lending Scheme May Need Tweaks After Disappointing Data Fox Business U.K. business secretary Vince Cable said on Monday he intends to meet Bank of England officials to discuss how a program aimed at boosting the supply of credit can be improved following "very disappointing" lending data. Mr. Cable told the British ... See all stories on this topic » | ||
| WOJTOWICZ: Prepare, then apply for small-business loan Indianapolis Business Journal Q: My store needs to be remodeled to make it more attractive. Despite that, I've got a good business, so I also want to expand and build inventory. All this takes a lot of money and requires additional financing. How can I be sure to get the money I need? See all stories on this topic » | ||
| British banks cut lending despite Bank of England largesse Fox Business Britain's Funding for Lending Scheme (FLS) was launched by the central bank and finance ministry last June to aid growth by offering banks cheap funds if they stepped up lending to home-buyers and small and medium-sized businesses. Monday's data ... See all stories on this topic » | ||
| Prosperity's buying binge boosted loans 90 percent, 10-K says Houston Business Journal Prosperity Bancshares Inc. (NYSE: PB) reported in its new Form 10-K that 90.1 percent of the $1.41 billion boost to its loan portfolio came from an acquisition tear last year in which it scooped up four Texas banks. Collin Eaton: Reporter- Houston ... See all stories on this topic » | ||
| Alibaba eyes up to $8 billion jumbo loan Fox Business HONG KONG, March 4 (Basis Point) - Chinese e-commerce giant Alibaba Group is back in the loan market with an eye on a jumbo financing of up to $8 billion to refinance existing debts, barely a year after borrowing $4 billion in loans, according to sources. See all stories on this topic » | ||
| National Cities Capital Provides Unsecured Business Loan to Florida Mattress ... SBWire (press release) National Cities Capital provides loans of $25,000 to $10 Million to small and medium sized businesses. These loans include: Working Capital Loans, Foreign and Domestic Accounts Receivable Financing, Inventory Financing, Equipment Lease Financing, ... See all stories on this topic » | ||
| SBA lending soars in Kansas City Kansas City Business Journal That puts Alterra on pace to annihilate the $17.6 million in SBA loans that it had for all of fiscal year 2011, when it topped all Kansas City area lenders in dollar amount of its SBA loans. UMB Bank was No. 1 on the Kansas City Business Journal's list ... See all stories on this topic » | ||
| It Is Easy To Obtain Small Business Loans With New Regulations Newswire (press release) (Newswire.net -- March 04, 2013) Los Angeles, California - – In 2012 a small business owner had to jump from one bank to another to secure a small business loan for a start up or to fund their growth. Securing an appointment with a bank's loan officer ... See all stories on this topic » | ||
| Pave offers alternative to costly college loans USA TODAY Prospects can use their funds however they'd like, from paying tuition or student loans to funding a film or starting a business. This look at Pave is part of a series on looking at small businesses that are innovating in their areas and starting to ... See all stories on this topic » | ||
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| Past due commercial mortgage loans rise to $325 million St. Louis Business Journal (blog) Overdue payments on local commercial real estate investments in St. Louis grew by $51 million over the last year, rising above the national average of delinquent loans funded by commercial mortgage-backed securities. As of March 4, about $325 million ... See all stories on this topic » | ||
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| Huh? Investors buy up student-loan securities St. Louis Business Journal (blog) "Investors' hunger for risky loans shows the lengths they are willing to go to generate returns in a period when interest rates are hovering near record lows," The Wall Street Journal reported Monday. With interest rates so low on traditional ... See all stories on this topic » | ||
| Cuba Looks to Further Liberalize Business Loans Reports Logbook Wonga SBWire (press release) San Francisco, CA -- (SBWIRE) -- 03/04/2013 -- The government of Cuba is trying to make lending to the island's "self-employed" more available and flexible with a new measure meant to include acceptance of personal goods/property as collateral for loans. See all stories on this topic » | ||
| Lawyer's Student Loans May Have Driven Him To Murder, Police Say Business Insider Police will never know why he might have committed the horrendous crime, but they have named a bizarre possible motive. "What is our opinion? Financial. He had a lot of student loans that were outstanding," Marion County Sheriff's Capt. Robert Sandlin ... See all stories on this topic » | ||
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| Credit unions post 36% income growth in '12 Baltimore Business Journal Loan growth was seen across the board in a number of sectors including mortgages for new home purchases, loans for used and new auto, student loans and business loans. Credit unions also added members during the year. Credit union membership ... See all stories on this topic » | ||
| Investing in Student Loan-Backed Securities Driving Debt Growth? Fox Business This time it's not housing that's growing and control Blake -- student loan debt. We told you last week about how students have more debt now than ever and how increasingly they just can't seem to pay it down. Check out these numbers in case you missed it. See all stories on this topic » | ||
| Student loan debt pushes down home prices Baltimore Business Journal (blog) Staff Baltimore Business Journal. A new report suggests that the growing crisis in student loan debt is having a detrimental effect on the number of potential homebuyers and by extension home prices. More than 40 percent of 25-year-olds owe student ... See all stories on this topic » | ||
| UK Banks Cut Back Lending Despite BOE Program Fox Business Banks drew down just 13.8 billion pounds ($20.7 billion) in 2012 from a Bank of England program to boost the supply of credit in the U.K. and cut back lending in the fourth quarter, according to data published on Monday. The figures may disappoint ... See all stories on this topic » | ||
| Hot and cold lending spots in Broward - slideshow South Florida Business Journal A story in Friday's print edition of the Business Journal explored why loans to blacks in South Florida fell in 2011, which contrasts with the overall increase in lending in the region. Banks made fewer loans in local distressed/underserved ... See all stories on this topic » | ||
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| Yadkin Valley reorganizes underwriting departments The Business Journal of the Greater Triad Area Yadkin Valley Financial Corp., the parent company of Yadkin Valley Bank & Trust, has reorganized its loan underwriting operations, according to the Charlotte Business Journal, a sister paper. The Elkin-based Yadkin Valley Financial (Nasdaq: YAVY) said ... See all stories on this topic » | ||
| Toxic loan fire sale keeps Allied Farmers ticking New Zealand Herald The Hawera-based firm sold various loan assets with zero book value to a confidential third party for an immediate payment of $100,000 and up to a further $500,000, it said in a statement. The top-ups depend on outcomes that are still unknown, and the ... See all stories on this topic » | ||
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| Sequestration will impact private businesses and federal employees Fierce Government According to Office of Management and Budget, the Small Business Administration is set to lose more than $92 million in funding, roughly $69 million of which goes to fund disaster loans and business loans, under the sequestration that came into force ... See all stories on this topic » | ||
| Alabama legislators seek limits on payday loans Gadsden Times An employee of a title loan business in Birmingham, Jera Smith, says she provides a valuable service for people who need cash quickly, and she sees no needs for legislation that would cap interest rates. "We are here to help our consumers, not harm ... See all stories on this topic » | ||
| Fannie, Freddie to form new company NBCNews.com (blog) He said the new joint venture is not expected to begin securitizing loans next year. Instead, the focus will be on creating the business and hiring staff. The company will have a separate chief executive and board. DeMarco expects Congress will ... See all stories on this topic » | ||
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| Cochran co-sponsors bill streamlining SBA's response time Mississippi Business Journal (blog) The bill would clarify that, for SBA disaster business loans less than $200,000, the SBA cannot use a business owner's primary residence as collateral if there are other suitable business assets available to use as collateral towards securing the loan. See all stories on this topic » | ||
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| Cable calls for shake-up of lending scheme Financial Times Just one of the UK's big retail banks, Barclays, lent more to UK businesses and households over the period though Nationwide, the largest building society, also expanded lending. Royal Bank of Scotland and Lloyds , both recipients of taxpayer bailouts ... See all stories on this topic » | ||
| Alibaba's Small Loan Arm Seeks Approval for Asset Securitization Caixin Media Alibaba started its own small-loan business, called Aliloans, in 2009. It set up two subsidiaries, one in Chongqing and the other in Zhejiang Province, to run the business. Loans are provided to small and family businesses that operate on its e ... See all stories on this topic » | ||
| Deadline to Apply for Economic Injury Disaster Loans in Florida for Tropical ... PR Newswire (press release) ATLANTA, March 4, 2013 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration is reminding businesses in Florida that working capital loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in ... See all stories on this topic » |
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