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| ECB's Bank Lending Survey Shows Credit Supply Still Tightening Fox Business Banks tightened their conditions for loans to both businesses and homebuyers, citing more than anything their expectations for the economy. The net balance of banks tightening their standards for business loans was, however, smaller than in the ... See all stories on this topic » | ||
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| Credit union approved to offer business loans of up to £25000 Basingstoke Gazette A CREDIT union in Hampshire has been approved by the Financial Services Authority (FSA) to offer business loans of up to £25,000. Hampshire Credit Union, or United Savings and Loans (USAL), as it is known, is making steps to become an alternative ... See all stories on this topic » | ||
| UK Extends Flagship Lending Program Fox Business The Bank of England and the Treasury Wednesday said they are expanding their flagship funding-for-lending scheme to include nonbank lenders and to offer incentives for lending to smaller firms, as policy makers attempt to allay ongoing concerns that ... See all stories on this topic » | ||
| PNC defends coal business loans, says they help economy Tribune-Review "While we recognize concerns about the practice, credit that enables these companies to engage in their primary business is economically beneficial to the people of the region," said bank spokesman Fred Solomon. About 30 protesters disrupted PNC's ... See all stories on this topic » | ||
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| Small businesses discuss disaster recovery loan process Brattleboro Reformer WILMINGTON -- Feedback from local business owners for disaster recovery loans from the Small Business Administration has been heard and that can help make improvements to the application process. "I am so astonished in what the town of Wilmington ... See all stories on this topic » | ||
| Live Oak Bank ramps up small-business lending Triangle Business Journal As of December, it had increased its small-business lending volumes by nearly 240 percent over baseline, according to a survey by Charlottesville, Va.-based SNL Financial. That left it only behind New Canaan, Conn.-based BNC Financial, which had ... See all stories on this topic » | ||
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| Small Business Administration offering loans to homes, businesses damaged in ... The Republic MACON, Mississippi — The Small Business Administration is offering disaster loans to residents and business owners in Noxubee County affected by a tornado that severely damaged parts of Shuqualak on April 12. The Mississippi Emergency Management ... See all stories on this topic » | ||
| Boost for businesses as lending scheme is extended - Fresh Business Thinking Fresh Business Thinking "Funding for Lending is already making a difference in the housing market and there are signs that it is starting to lower the cost of finance for businesses," Matthew Fell, CBI Director for Competitive Markets, said. "The additional incentives for ... See all stories on this topic » | ||
| Suncorp rises on hopes of buyback The Australian SUNCORP has wound down its bad loans portfolio, lifting hopes that capital management is on the way and outweighing a sharp increase in claims at the group's general insurance business from ex-Tropical Cyclone Oswald. In a third-quarter update ... See all stories on this topic » | ||
| SEC Fines Capital One in Auto Loan Dispute Fox Business The Securities and Exchange Commission Wednesday fined Capital One Financial Corp. (COF) $3.5 million for alleged lapses in how the lender reserved for potential losses on auto loans prior to the financial crisis. In an enforcement action, the ... See all stories on this topic » | ||
| UK Overhauls Lending Program - NASDAQ.com NASDAQ Since its introduction, the FLS has lowered costs for business loans, but to date it appears to be failing to help the smaller companies it was designed to support most. BOE data shows despite drawing GBP13.8 billion of cheap funds from the central ... See all stories on this topic » | ||
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| Centrix Bank Reports 16% Loan Growth In First Quarter 2013 MSN Money BEDFORD, N.H., April 24, 2013 /PRNewswire/ -- Centrix Bank (OTC Bulletin Board: CXBT), a full service commercial bank providing highly personalized and responsive service to small and medium-sized businesses and professionals, municipalities, and ... See all stories on this topic » | ||
| Profits down at Evans Bancorp Buffalo News But the competition for loans also is quite heavy, he said, and borrowers are often getting several bids for their business, with multiple banks vying for regular business loans, and insurance companies and Wall Street loan "conduits" joining the ... See all stories on this topic » | ||
| New High Tech Businesses Rely on Bank Loans Kansas City infoZine Washington, D.C. - infoZine - 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 women simply operate on less ... See all stories on this topic » | ||
| Government lending scheme beefed up expressandstar.com Under the original scheme, banks can access low-interest funding in return for lending to households and businesses. Now, they are being told that the amount of funding available will be increased up to ten-fold when based on lending to SMEs - defined ... See all stories on this topic » | ||
| Federal budget cuts could affect availability of small business funding Steamboat Pilot & Today In Colorado, the state business loan fund, which distributes Community Development Block Grant monies to 14 regions across the state, will see its funds shrink for the third year after previously expecting a slight increase, according to Jeff Kraft, of ... See all stories on this topic » | ||
| Muthoot Fincorp aims doubling MFI biz to Rs 600 cr in FY14 Hindu Business Line The diversified group, which nets its maximum income from the gold loan business, started its MFI business in April, 2010. As part of diversification and to offer more focus to the MFI business, the company had bought city-based Pancharatna Securities ... See all stories on this topic » | ||
| Banks took federal money to repay bailout, IG says Washington Free Beacon When this program failed to adequately stimulate lending to small businesses, Congress created the Small Business Lending Fund, or SBLF. However, many banks used loans from the SBLF to repay their TARP debt and escape its restrictions on governance ... See all stories on this topic » | ||
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| Fisker used political connections to get loan, US lawmakers say Los Angeles Times Jordan said records showed the company's connections within the Obama administration, the Department of Energy's lending office and elsewhere allowed Fisker to secure loans — and then to avoid being cut off from loan disbursements after missing ... See all stories on this topic » | ||
| Wells Fargo payday loans under pressure from activists, regulators San Francisco Business Times (blog) Wells Fargo's Direct-Deposit Advance service, offering a loan till the next payday at the rate of $1.50 for every 20 bucks, and U.S. Bank's (NYSE: USB) Checking Account Advance are expected to be subject to new guidelines from the Office of the ... See all stories on this topic » | ||
| Report: GE Capital to stop making loans to gun shops Los Angeles Times "As a responsible lender, we regularly review our lending policies and products to meet changing conditions and requirements. In 2008, we adopted a policy to cease providing consumer financing programs to merchants whose primary business is to sell ... See all stories on this topic » | ||
| Gibson City Meat & Deli seeks low-interest loan Paxton Record GIBSON CITY — Gibson City Council members Monday night approved starting the process for a new downtown business to receive a low-interest loan from a revolving fund. The Community Development Assistance Program (CDAP) allows loans to be ... See all stories on this topic » | ||
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| Sluggish growth takes its toll on foreign lenders China Daily ... business is more important to them than to their Chinese counterparts, and that the CBRC's tighter regulations on fees last year have also hurt their income more severely than Chinese banks, which are still highly dependent on traditional lending ... See all stories on this topic » | ||
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| Lending schemes have made scant difference Financial Times The Funding for Lending Scheme, unveiled by the Treasury and the Bank of England last July and extended on Wednesday, aims to boost credit creation by providing banks with cheap funds in return for commitments to lend to businesses. However, FLS ... See all stories on this topic » | ||
| Leading Indicators Are Telling Us To Bet Against A Eurozone Recovery Seeking Alpha Although there was some improvement in the first quarter, the percentage of banks that tightened standards for both business loans and house purchases continued to outnumber the banks that loosened standards. Together with a rise in non-performing ... See all stories on this topic » | ||
| Deadline for SBA Economic Injury Disaster Loans in Florida is May 21 Sacramento Bee ATLANTA, April 23, 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 ... See all stories on this topic » | ||
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| Here's what Bank of Kentucky CEO Zapp says about loan demand Business Courier of Cincinnati (blog) He thought lending would take off this year, but that hasn't been the case. In fact, most of the loans Bank of Kentucky is adding are those it's stealing from other banks. He figures business owners lack confidence in the economy and are adjusting to a ... See all stories on this topic » | ||
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| Midland States Bank Expands Investment in Lending Technology from Harland ... Business Wire (press release) BUSINESS WIRE)--Harland Financial Solutions announced that Midland States Bank, an existing user of the LaserPro® suite for compliant loan documents, has added both the CreditQuest® risk management system and the DecisionPro™ credit application ... See all stories on this topic » | ||
| Britain Offers Hand to Smaller Businesses New York Times On Wednesday, the Bank of England said it would extend and revamp a program called the Funding for Lending Scheme. It allows British banks that extend credit to businesses to borrow from the central bank, using a wide range of collateral, at an annual ... See all stories on this topic » |
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| Loans and Lines of Credit, Business Banking, Bank of the West. Bank of the West offers a wide range of loans and lines of credit to help small business owners cover short-term and seasonal expenses, grow their business, ... https://www.bankofthewest.com/small.../loans-lines-of-credit.h... | ||
| How much reserve money to have when getting a small business loan In college/culinary school, I was taught to have enough investment be able to stay open for 1 year if I made no income. Anyone have advice on how much this is ... www.sba.gov/.../how-much-reserve-money-have-when-gettin... | ||
| Small Business Administration Loans - Small Business Administration (SBA) loans provide competitive interest rates for long term financing, are fully amortized SBA loans and are great for: Business ... https://www.americanenterprisebank.com/business-lending-sba... |
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