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| Suncorp Bank's loan book jumps in Q3 Business Spectator Suncorp Bank's total lending jumped 11.2 per cent in the March quarter to $46.699 billion, from $41.978 billion in the previous corresponding period. In a lending update to the Australian Securities Exchange, Suncorp said business loans swelled 12 per ... See all stories on this topic » | ||
| Out-of-the-Box Loan Options to Start a Business Fox Business Banks may say they are lending to small businesses, but many entrepreneurs looking for loans say they aren't seeing the money. But just because a local bank turned you down doesn't mean you can't get the financing you need. From alternative lending to ... See all stories on this topic » | ||
| A Strong First Quarter for Small Business Fox Business According to a study released by FICO and the Professional Risk Managers' Association, more than 70% of bank risk managers expect demand for small business loans to increase during the second half of 2013. In my own meetings with bank executives ... See all stories on this topic » | ||
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| Business Development Corp. receives $6M to spur small business lending GSA Business The Business Development Corp. of South Carolina, a nonbank commercial lending company created by the Legislature to provide small business loans, has received $6 million from the U.S. Treasury Department to help create jobs and spur lending to small ... See all stories on this topic » | ||
| Casino dollars will help local business owners Delmarva Now SNOW HILL — Anyone with a small, minority or woman-owned business located within a 10-mile radius of The Casino at Ocean Downs now has access to a revolving loan fund to grow their businesses and hire more employees. The loan money comes from ... See all stories on this topic » | ||
| First Resource Bank Announces First Quarter Results MSN Money Due to significant growth in qualified small business loans, the first quarter 2013 dividend rate was 1%, the lowest rate possible under the Small Business Lending Fund program. Preferred stock dividend costs declined 80% from $63,538 for the quarter ... See all stories on this topic » | ||
| SBA disaster loan process criticized Barre Montpelier Times Argus The SBA granted 141 business loans after Irene, out of the 319 businesses that applied, for a total of $17.4 million. It also approved 408 loans totalling $17.7 million to homeowners, against 986 applications, according to Darcy Carter, Vermont state ... See all stories on this topic » | ||
| Central-bank fueled "Funding for Growth" business loans seen available from June Realdeal.hu Hungarian banks could start offering small and medium-sized businesses preferential loans under a central bank programme from June 1, Hungarian Banking Association chief secretary Levente Kovacs said in Monday's issue of business daily ... See all stories on this topic » | ||
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| BoE to extend Funding for Lending Financial Times "Banks will be given an incentive that they will be able to draw more funding for lending facility on attractive terms if they match that with small business lending," Mr Cable told the FT during a visit to São Paulo. He said at the moment, most money ... See all stories on this topic » | ||
| BoI: Loans should be repaid in full Globes "Loans should be repaid to the last shekel - small business, mid-sized business, big business," Supervisor of Banks David Zaken told the Knesset Finance Committee at today's meeting to discuss bank debt. "This is not an open question. Every way should ... See all stories on this topic » | ||
| What Banks And Credit Unions Can Learn From One Another: Lending The Financial Brand One place banks have been particularly successful without credit union competition has been in small business lending. Small business loans have caught the eye of various credit unions looking to increase loan volumes in our still-recovering economy. See all stories on this topic » | ||
| Small-business lender CIT's profit below estimates Reuters CIT emerged from bankruptcy in December 2009. Most of CIT's lending businesses are growing in tandem with "modest growth" that the company sees in the U.S. economy, Thain said. CIT lends to small and medium-sized businesses that do not qualify for ... See all stories on this topic » | ||
| Report: New High Tech Businesses Rely More Than Other Firms on Bank Loans Wall Street Journal WASHINGTON, April 23, 2013 /PRNewswire-USNewswire/ -- In the current financial climate, new high-tech businesses rely more than other firms on outside loans and investments, while non-technology businesses owned by African Americans, Latinos, and ... See all stories on this topic » | ||
| Nationstar Mortgage Executive Leaves to Join Stearns Lending as Vice ... Wall Street Journal Stearns Lending, Inc., a leading nationwide mortgage lending institution encompassing Retail, Wholesale, and Correspondent business channels, today announced the appointment of Aaron Samples as the Company's Vice President -- Strategic ... See all stories on this topic » | ||
| Discover Financial 1Q net income rises 2 pct The Seattle Times The company credited growth of 10 percent in its student and personal loans, as well as revenue from the mortgage business it acquired from Tree.com Inc. last summer, along with falling funding costs. Total loans increased 7 percent to $60.4 billion. See all stories on this topic » | ||
| Are UK businesses taking too many funding risks? Real Business Bank loans are currently a lot less popular than they used to be for the simple fact that banks are more reluctant to hand out funding. Following the 2013 Budget, this might begin to reverse for plans to set up a business lending fund to encourage more ... See all stories on this topic » | ||
| UMB's Q1 earnings drop 25 percent St. Louis Business Journal (blog) UMB also noted that average loans increased 15.1 percent to $5.8 billion; revenue from fee-based businesses comprised 60.4 percent of total revenue; total assets under management increased by 14.1 percent to $35.7 billion; and non-performing loans ... See all stories on this topic » | ||
| Local loan pressures up Global Times China's local government financing vehicles (LGFVs) face mounting pressure to repay bank credit as nearly 40 percent of loans are coming due by 2016, the China Business News reported Tuesday, citing official data. A total of 3.5 trillion yuan ($564.5 ... See all stories on this topic » | ||
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| Microlender finding traction in new Memphis office Memphis Business Journal Nathanial Owen, market manager for Accion in the Delta, said the nonprofit lender has made loans to businesses including salons, fitness centers and food trucks since opening its doors. He pointed out three main obstacles small businesses face in ... See all stories on this topic » | ||
| Finance Authority of Maine announces plans that will create or protect 171 ... Bangor Daily News The support for the other two Maine businesses will come in the form of loan insurance, which allows traditional lenders, such as banks, to extend a loan with less risk. In those cases, the lenders may not have been willing to lend money for a company ... See all stories on this topic » | ||
| Microloans big help for small Rock River Valley businesses Rockford Register Star ROSCOE — Bohdan Lebid was trying to build his 4-year-old auto repair and sales business in late 2012 when he encountered a problem common to many small-business owners. Lebid's business, Swan LLC, needed a loan but didn't need that big of a loan, ... See all stories on this topic » | ||
| Attorney Funding Loans for Case Cost Funding to Become Major Focus for Legal ... Wall Street Journal The typical underwriting process takes 48 hours for a pre-approval once all needed documents are provided, and funding typical takes 5-7 business days thereafter. To inquire about Legal-Bay creating a "tailor made" Attorney Funding Loan for your firm ... See all stories on this topic » | ||
| Businesswomen thinking big by going small MSNBC When it comes to finding capital to start a business, many new entrepreneurs rely not on government or bank loans but rather personal funding. "I self-funded Power Women TV for four years," Amy Palmer, founder and CEO of PowerWomenTV.com said on the ... See all stories on this topic » | ||
| BancorpSouth profits down through Q1, but exceed estimates Memphis Business Journal The bank holding company's first quarter results represented a 9 percent decrease from first quarter 2012, but revenue from noninterest-bearing lines of business and declining non-performing loans and assets helped offset margin pressure. Mortgage ... See all stories on this topic » | ||
| Working capital loans rise to Rs1.31 trillion The News International "Due to the liquidity constraints, companies in the power and energy sector like small independent power producers are expected to acquire small loans in order to run their business affairs; especially to pay off circular debt," he said. However, some ... See all stories on this topic » | ||
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| Senate committee approves payday loan regulations al.com (blog) Proponents of the bill said payday loans hurt consumers and that the bill would be a good step toward tightening regulations on the business. They say the fees currently allowed equate to an annual percentage rate of more than 400 percent on a two-week ... See all stories on this topic » | ||
| Distressed loan investors see buried treasure in Puerto Rico's tax haven Financial Times Puerto Rico's USD 10bn of distressed and FDIC-owned loans, along with new pro-business tax incentives, have distressed buyers eyeing the Caribbean island's real estate, a loan buyer, two loan sellers, and a bank advisor said. Banks in the US ... See all stories on this topic » | ||
| EagleBank reports record quarter Baltimore Business Journal (blog) Bethesda-based Eagle Bancorp Inc. had record first-quarter earnings on higher interest and non-interest income, the Washington Business Journal reported. Bad loans and money set aside to cover potentially bad loans declined. EagleBank's net income ... See all stories on this topic » | ||
| Spain Lottery eyes 4.5 billion euro bond, or bridge loans: source Reuters Canada MADRID (Reuters) - Spain's state-owned Loterias, or Lottery, may raise up to 4.5 billion euros ($5.9 billion) through a bond or by seeking bridge loans before eventually going to capital markets, a source at the economy ministry told Reuters on Tuesday. See all stories on this topic » | ||
| ECB's Noyer: Early Monetary Tighening Would Hurt Emerging Markets Fox Business Average mortgage interest rates were 2.86% in Germany in February, according to a recent J.P. Morgan study, but were 3.97% in France, 3.94% in Italy and 3.26% in Spain. The gap is even more pronounced for small-business loans. For amounts of under 1 ... See all stories on this topic » | ||
| Krung Thai Bank The Nation Lending rose by 4.7% QoQ and 7.5% YoY—more than we had modeled for because KTB focused more on corporate business than SME or retail loans during the quarter. As corporate business carries a slimmer yield than other categories, 1Q13 NIM fell by ... See all stories on this topic » | ||
| 'Pvt, foreign banks must say yes to education loans' Hindu Business Line "We have one demographic dividend (which is) our young population. They need to be skilful and trained with global expertise….and this (education loan) is a good way to ensure social sustainability. Private and foreign banks must say yes to education ... See all stories on this topic » | ||
| Business borrowing for equipment jumps 45 percent in March: ELFA Chicago Tribune Companies signed up for $6.8 billion in new loans, leases and lines of credit last month, up 45 percent from February. However, new business volume was flat compared with a year earlier. The financing is used to buy goods such as industrial equipment, ... See all stories on this topic » | ||
| Big banks met with protest at annual meetings Philadelphia Business Journal (blog) Wells Fargo & Co.'s annual shareholder meeting in Salt Lake City was disrupted by several dozen protesters who were removed after outbursts, according to my colleague Mark Calvey, the banking reporter for the San Francisco Business Times. Calvey ... See all stories on this topic » | ||
| Timely move Hindu Business Line This is with reference to the editorial "Default Insurance" (Business Line, April 23). In the Indian housing finance scenario, high rate of interest and low lending on the value of security hamper the growth of housing development ventures. The India ... See all stories on this topic » | ||
| Discover 1st-Quarter Net Up 3.5%, Beats Street Views Fox Business In a bid to further tap into the turnaround in the housing market, the company said last month it will also offer home-equity loans to customers. Still, its largest business remains credit-card lending, which has benefited from consumers' good behavior ... See all stories on this topic » | ||
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| Big-box stores offer loans and other financial services - KansasCity ... Big-box retail stores today offer a growing number of financial services, from check cashing and reloadable prepaid cards to small business loans and life insurance. The products appeal to consumers attracted to the convenience of one-stop ... KansasCity.com: Front Page | ||
| SBA's Deadline for Physical Damage Disaster Loans for By admin ATLANTA, April 23, 2013 /PRNewswire-USNewswire/ -- ;The U.S. Small Business Administration is reminding eligible private non-profit (PNP) organization. Latin Business Today |
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| Small Business Loans Can Help You From Financial Barriers | Small ... Are you facing problem in starting a new business, a small business loan can help by supplying working capital to construct an outlet, purchase inventory, ... julbie.blogspot.com/.../small-business-loans-can-help-you-fro... |
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