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Study: Small business lending weakened in January The Seattle Times A study of small business lending released Tuesday by Thomson Reuters and PayNet shows that owners took out fewer loans and leases during January. An index based on the study fell to 113 from 115 in December and is virtually unchanged from a year ... See all stories on this topic » | ||
HSBC sells US consumer loans for $3.2 billion Reuters HFC's chief executive Patrick Burke said the deals accelerated the bank's run-off of its consumer lending business in the United States. HSBC said in November it had moved $3.7 billion of unsecured personal loans in the United States to its "assets ... See all stories on this topic » | ||
Small Business Loans, Now Available $5000 to $250000 SBWire (press release) Muang Karon Beach, Thailand -- (SBWIRE) -- 03/05/2013 -- Getting small business loans when your business needs capital immediately is certainly not an easy task - fortunately, Credit Wise Choice makes it a lot easier for business owners to get the ... See all stories on this topic » | ||
Affordable Bad Credit Business Loans with Fast Approval Are Now Available ... Virtual-Strategy Magazine (press release) Business Cash Advance Guru is making an affordable, easy-qualification; bad credit business loan product, to small business owners who want to expand, open a new location, bring on more inventories or use the funds to shore up shortfalls due to the ... See all stories on this topic » | ||
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Pay $2140 to borrow $950? That's how car title loans work NBCNews.com (blog) The letter claimed that 1 million consumers obtain title loans worth $6 billion annually, but also said the industry was substantially smaller than the payday loan business, which it pegged at $38 billion annually. The size of the payday loan industry ... See all stories on this topic » | ||
Small loan group having big impact Shaunavon Standard The Cypress Small Business Loans Co-op, whose mandate is to encourage entrepreneurship and assist existing businesses with expansion, recently made sizable donations to a variety of local groups, including Shaunavon KidSport ($1,000), Shaunavon ... See all stories on this topic » | ||
Direct Capital Tracks U.S. Small Business Lending Demand in New Heat Map DigitalJournal.com (press release) Direct Capital, a leading nationwide provider of equipment leasing, business loans, and working capital, has released a heat map illustrating small business lending demand over the last year in the United States. The heat map revealed that while ... See all stories on this topic » | ||
Fifth Third Bank has $580M in foreclosure loans Dayton Business Journal (blog) Fifth Third Bancorp's home loans that were in the foreclosure process rose by nearly $4 million during the fourth quarter to top $579 million at year-end, according to a Cincinnati Business Courier report citing filings with the Federal Deposit ... See all stories on this topic » | ||
Patriot Bank, Bank of Houston pass community reinvestment exams Houston Business Journal (blog) The FDIC says in its report Patriot had a "good performance" in the CRA lending test and "an excellent record of distributing its small business loans in the Houston area (assessment area) based on the borrowers' profiles." However, the report also ... See all stories on this topic » | ||
Increase in U.S. bank lending could spur more jobs Memphis Commercial Appeal Demand strengthened for business loans, prime residential mortgages, commercial real estate lending and auto loans, according to the survey conducted from Dec. 27 to Jan. 15. Household debt climbed by $31 billion, or 0.3 percent, to $11.3 trillion in ... See all stories on this topic » | ||
Organization unveils 2 new business financing programs Quad City Times The organization, formed in 2002 to spur economic development, is a consortium of 11 area banks formed to make nontraditional business loans to qualifying companies. The program is administered and marketed by the Quad-Cities Chamber of Commerce. See all stories on this topic » | ||
S&P warns against excess growth in bank lending Inquirer.net "In contrast to Europe and the US, private-sector credits in Asia Pacific have grown over the past several years. The fast pace of loan growth, particularly in emerging markets, could encourage excess investment and lead to economic imbalances," S&P ... See all stories on this topic » | ||
HSBC sells US consumer, homeowner loans for $3.2B News & Observer Last year it completed the sale of its U.S. card business to Capital One for $2.6 billion. The two portfolios are being sold to SpringCastle Acquisition LLC, which is owned by consumer finance company Springleaf Finance Inc. and real estate investment ... See all stories on this topic » | ||
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Texas Trust Grew Lending by 24% in 2012, Added 13231 Members Business Wire (press release) Its business services include SBA and conventional loans, electronic payment cards, checking and money market accounts, merchant card processing, online banking, insurance, and the Employee Solutions Network. With assets of more than $747 million, ... See all stories on this topic » | ||
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Funding for Lending Scheme fails to persuade banks to lend MyFinances.co.uk The Bank of England has announced that the number of loans offered to individuals and businesses fell in the final quarter of 2012 by £2.4 billion despite the introduction of the Funding for Lending Scheme (FLS). The figures show that just 13 of the 39 ... See all stories on this topic » | ||
Fullerton India Adopts IBM Cloud To Ensure Uninterrupted Business Operations Daily Markets (press release) Fullerton India, which started commercial operations in 2007, offers a range of financial services, including working capital and business loans for SMEs, business loans to small and micro enterprises, home mortgage, two-wheeler and commercial vehicle ... See all stories on this topic » | ||
Michigan Credit Unions Ramp Up Lending in 2012 CUinsight.com (press release) The record-setting results were buoyed by strong demand for auto loans, mortgages, student loans, and business loans, the Michigan Credit Union League said today as it announced year-end results for 2012 in an analysis of data from the National Credit ... See all stories on this topic » | ||
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Leatherby's buys its Arden building after 32 years of leasing Sacramento Business Journal Leatherby's Family Creamery bought its building at 2333 Arden Way using a Small Business Administration real estate loan. The company had been leasing the building for the past 32 years. The ice cream parlor paid $2.7 million for the 36,800-square-foot ... See all stories on this topic » | ||
Bank Loans, Working from Home, and Seven Entrepreneurs Verging on ... Businessweek Small business's share of private sector employment continues to fall, and four other things economist Scott Shane learned from a recent Small Business Administration report. [Small Business Trends]. Americans are having an easier time getting bank ... See all stories on this topic » | ||
The Health of Private Companies As We Head Into Sequestration Huffington Post As the deadline for averting major government spending cuts has arrived, several reports have noted that the so-called sequestration will mean a cut in U.S. Small Business Administration loan guarantees that could help small businesses access $902 ... See all stories on this topic » | ||
Disaster relief loans available to those affected by Muskegon River flooding UpNorthLive.com The SBA program provides low-interest disaster loans for uninsured losses for homeowners, renters, businesses and non-profit organizations to repair and replace assets that have been damaged or destroyed by disasters. There will be a temporary disaster ... See all stories on this topic » |
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