Apr 3, 2013

Google Alert - Business Loans

News37 new results for Business Loans
 
Government data shows small business lending rose in 4Q, 1st quarterly gain ...
Washington Post
The total amount of small business loans outstanding at the end of the fourth quarter came to $586 billion, up from $584 billion in the third quarter, according to the Federal Deposit Insurance Corp. That was the first quarterly gain in small business ...
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Washington Post
As Business Lending Rises, Concerns Emerge About Profit
New York Times (blog)
The bank's commercial and industrial loans grew by a heady 16 percent last year and the business is a sizable contributor to its revenue. Last year, its business loans had an average interest rate of 4 percent, a nice fat yield for a bank that had to ...
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New York Times (blog)
Small businesses continue loans struggle
Financial Times
Lenders are expecting a significant increase in demand for loans from small businesses over the next three months but have no plans to make more credit available to them, according to a survey by the Bank of England. The central bank's latest quarterly ...
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BOE Lending Scheme Helping to Cut Business Loan Costs - Survey
NASDAQ
LONDON--The Bank of England's flagship tool for kick-starting lending to the real economy is resulting in lower costs for business loans, but it may be failing to help the smaller companies it was designed to support most, a survey of banks and other ...
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Small Business Lending Fund lending rises
UPI.com
WASHINGTON, April 3 (UPI) -- Small Business Lending Fund participants increased lending by about $1.5 billion in the fourth quarter of 2012 over the third quarter, federal officials said. Program participants have increased small business lending by ...
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DCED extends lower interest rates on business loans
Central Penn Business Journal
DCED said its action addresses recommendations, made by the Governor's Manufacturing Advisory Council, that the state do more to help small businesses access capital. The council made its recommendations in a report to Gov. Tom Corbett and the ...
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N.C. small-business lending up $290M through federal program
Charlotte Observer
North Carolina's small businesses have received a boost of $290.8 million in loans thanks to a federal program designed to increase lending to such businesses, the U.S. Treasury Department reported Wednesday. The Small Business Lending Fund, created ...
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Small Business Loans Tied to Treasury Fund Make Another Jump
American Banker
Small-business loans resulting from a government program jumped by 20% during the fourth quarter, with the Treasury estimating it has helped more than 38,000 total loans since it began nearly two years ago. To continue, please log in, register or ...
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American Banker
Bank sets $500 million loan fund for Miss. firms
Themississippilink
RIDGELAND – (AP) BancorpSouth is setting aside a $500 million loan fund aimed at Mississippi businesses, saying it will work with state officials to find qualified borrowers. Gov. Phil Bryant and Bancorp officials announce a multi-million dollar loan ...
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Themississippilink
Small Businesses in Europe Can't Borrow to Stay Afloat
Small Business Trends
We recently reported on small business lending improving for the first time in 10 quarters here, but in the Euro zone, several countries' small business owners are facing difficult and uncertain times in the months ahead, and they're finding it ...
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Small Business Trends
Kabbage wants to provide loans to 100K small businesses this year
VentureBeat
But these new occupations are not supported by Main Street's banks, and sellers are often deemed too risky for a loan. To meet the demand, organizations like Atlanta, Georgia-based Kabbage are providing working capital to small business-owners so they ...
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VentureBeat
Lending survey shows dire situation faced by small businesses
The Guardian (blog)
Lenders still argue demand is low from the small business community, but it seems that the Bank's flagship Funding for Lending Scheme, which is designed to increase the overall level of lending by £80bn via cheap rates to all-comers, has achieved ...
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The Guardian (blog)
Wells Fargo trounces rivals in mortgage lending
San Francisco Business Times (blog)
The bank credits its ability to underwrite and hold some of the mortgages it makes, so-called portfolio lending, for part of its success in building business in high-priced markets. Wells entered New York and several other eastern states through its ...
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PBCom rolls out special personal loan package
Inquirer.net
Philippine Bank of Communications (PBCom) seeks to grow its consumer lending portfolio with the rollout of a personal loan package for qualified professionals, business owners and salaried employees. "The PBCom Personal Loan is a cash solution offered ...
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IMF Study: Banks Passed Italy's Sovereign Woes to Private Sector Quickly
Fox Business
The sudden jump in both yields and volatility led to a sharp contraction in lending, according to the IMF's research, which noted that mortgage loan rates jumped by 80 business points and new business loans increased by a full percentage point in the ...
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Singapore banks may suffer business credit demand slump in 2013
Singapore Business Review
"We think that business loans will be the key growth driver in 2013. However, in view of macroeconomic uncertainties, we are unlikely to see robust business credit demand growth this year," CIMB added. On the flip side, the NIM outlook is turning ...
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U.S. Bancorp, Wells Fargo will back Tesla loans
Minneapolis / St. Paul Business Journal (blog)
The financing plan works out to a 66-month loan with 2.95 percent interest (about $1,000 per month, though Tesla says you'll save by not buying gasoline). But there are a couple of wrinkles. The first is the lack of an upfront payment. U.S. Bancorp ...
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BOE's Capital Demand Aimed at Boosting Lending -BOE's Haldane
Fox Business
EGHAM, England – A Bank of England drive to get banks to bolster their balance sheets is aimed at supporting lending and helping the economy, a senior Bank of England official said Wednesday. Andrew Haldane, the central bank's executive director for ...
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Kansas Business Owner Pleads Guilty to $1.5 Million Wire Fraud Scheme
Kansas City infoZine
The owner of a business that provided rehab loans for distressed properties pleaded guilty in federal court to defrauding his firm's lender in a $1.5 million wire fraud scheme. Kansas City, MO - infoZine - JonPaul "JP" Edward Sauer, 41, of Olathe, KS ...
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Areva Sees New Bank-Loan Rules Hurt Exports of Reactors
Businessweek
The French government "is thinking of mechanisms to make up for this banking problem," Knoche said. The measures, targeted at export aids for small and medium-sized businesses, need to go "much further" in helping larger producers match foreign rivals, ...
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Bank loans miss FY13 RBI projection; grow 14% yoy
Moneycontrol.com
Select large companies along with some non-banking finance companies too added our loan growth. Neither fresh investment nor credit demand is happening due to slowing down economy. There is certainly no growth in infrastructure sector loans. After a ...
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Moneycontrol.com
BofA moving from workouts to new loans
Sacramento Business Journal
And it doesn't plan to resume that business. The risk of another residential bubble is remote, Acthner said, because all lenders these days are only making loans for owner-occupied homes where the buyer can pay the mortgage at the current rate on a ...
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Subprime vehicle loans are surging
Milwaukee Journal Sentinel
Expansion of the subprime auto business was chronicled in a 2011 Los Angeles Times series. Since then, growth has continued apace. Consider that in 2012, lenders sold $18.5 billion in securities backed by subprime auto loans, compared with $11.75 ...
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Interest rate on key student loan to double unless Congress acts
Los Angeles Times
The interest rate for a key type of student loan is scheduled to double from 3.4% to 6.8% in three months unless Congress, which voted to lower the rate in 2007, decides to keep it in place. The rate for the subsidized Stafford loans had gradually ...
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PayPal tests merchant financing as Kabbage raises debt
Reuters
Banks and other providers of loans for merchants pulled back after the 2008 financial crisis, leaving an opening for alternative sources of financing. Factoring, a common source of financing in the retail business that is provided by lenders such as ...
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PM Business Links: Obama pushes banks to make home loans more available ...
Plain Dealer
OBAMA-BUDGET-DEFENSE.JPG View full size The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say ...
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Minister Slams Consumer Loan Interest Rates
RIA Novosti
MOSCOW, April 3 (RIA Novosti) – Russia's Finance Minister slammed excessive interest rates on loans offered by Russian banks to consumers and enterprises, in an address to the Association of Russian Banks' annual congress in Moscow on Wednesday.
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Obama Pushes For Home Loans To Consumers With Weak Credit
Seeking Alpha
On the same day Genworth Financial (GNW) issued a press release indicating they completed the restructuring of its U.S. mortgage insurance business, The Washington Post reported the Obama Administration is pushing for broader access to home loans for ...
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Credit Unions Pray Auto, Home Loans Will Fuel Growth In 2013
The Financial Brand
Approximately 2 in 3 credit union executives see loan growth as the critical business issue facing their industry, and more than half of credit union leaders are pinning their hopes for growth on auto loans in 2013. According to a TransUnion survey ...
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Get a Flexible Term Bad Credit Restaurant Loan Fast From Cash Funds Fast
Virtual-Strategy Magazine (press release)
Circumstances dictate the necessity for offering fast business loans with bad credit or no credit. Restaurateurs can now access various types of short emergency business loan alternatives, which have flexible repayment terms and low interest rates ...
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Three St. Joe's juniors start business that helps others
Buffalo News
From an idea to a reality with the help of Bradley's dad, International Micro-Loans of Buffalo was created. Initially intended to practice an interest of Bradley's, the organization grew when his friends wanted to help out. "It helps us test out the ...
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BUSINESS DIGEST
Austin American-Statesman
Business Digest: Small business loans surge in 4th quarter. By Staff. American-Statesman staff. HOUSING. U.S. home prices rose in February by most in 7 years. WASHINGTON — U.S. home prices jumped in February by the largest amount in seven years, ...
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Payday loans bill moves forward with more consumer safeguards
Fort Worth Star Telegram
The Senate Business and Commerce Committee on Tuesday night approved the third version Carona has offered of the bill. It included provisions that consumer protection groups have advocated to help low-income people who rely on the loans avoid ...
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Rural businesses get superfast broadband funding
Get Surrey
A FUND has been launched to make loans available to rural businesses in Surrey that are missing out on superfast broadband. Enterprise M3, the west Surrey and Hampshire public-private partnership, has earmarked £200,000. A national target was set by ...
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Witness: Embezzlement suspicions didn't halt loans
The Virginian-Pilot
Bank of the Commonwealth continued making loans to two big borrowers after one of them told a bank official that he suspected his business partner of embezzling $3 million in loan funds, according to testimony Wednesday in a weekslong fraud trial.
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The Virginian-Pilot
UK mortgage approvals are at five-month low
nebusiness.co.uk
The Bank's figures also showed that loans to non-financial businesses decreased by £2.2bn in February, compared with a long-term average monthly drop of £1.5bn. Within this, loans to small and medium-sized enterprises increased by £100m, following an ...
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Housing finance cos rule out reduction in lending rates
Business Standard
The Budget has provided for an additional tax benefit of Rs 1 lakh in home loan segment over and above the existing tax benefit of Rs 1.5 lakh, if the value of the property is under Rs 25 lakh. Meanwhile, LICHFC said it was receiving good response for ...
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Business Standard

Blogs2 new results for Business Loans
 
Dripfeeding Student Loan Repayments A No-Brainer | Stuff.co.nz
By Richard Meadows
Monday marked the closure of a 10 per cent bonus for voluntary repayments made to student loan balances.
Stuff.co.nz - Business
The Siam Commercial Bank - The Nation
Main business to grow as targeted, boosting ROE to almost 20% SCB still has maintained an aggressive perspective for the business growth in 2013. For the growth of loans, the banks still has aimed at retail loans (42% of total loans) which ...
NationMultimedia.com - Business

Web6 new results for Business Loans
 
Small business loans up in 4Q, 1st gain since 2010 - Miami Herald
Small business lending is showing small signs of growth, according to data compiled by the government.
www.miamiherald.com/.../small-business-loans-up-in-4q.html
Youngstown News, Small-business loans rise in 4th quarter
Small-business loans rise in 4th quarter. NEW YORK. Small-business lending is showing small signs of growth, according to data compiled by the government.
www.vindy.com/news/.../small-business-loans-rise-in-th-quarte...
Small business loans up in 4Q, 1st gain since 2010
Government data shows small business lending rose in 4Q, 1st quarterly gain since 2010.
newyork.newsday.com/.../small-business-loans-up-in-4q-1st-g...
Business Loans - Business Lending | Coastway Community Bank
Business Loans for Rhode Island's small businesses, including SBA loans, commercial term loans, lines of credit and our quick turn-around "QuickWay" loan .
https://www.coastway.com/business-banking/business-lending/
Small business loans up in 4Q, 1st gain since 2010 - NewsTimes
The total amount of small business loans outstanding at the end of the fourth quarter came to $586 billion, up from $584 billion in the third quarter, according to ...
www.newstimes.com/.../Small-business-loans-up-in-4Q-1st-gai...
Small business loans up in 4Q, 1st gain since 2010 - Yahoo! Finance
From Yahoo! Finance: Small business lending is showing small signs of growth, according to data compiled by the government. The total amount of small ...
finance.yahoo.com/.../small-business-loans-4q-1st-221827917...


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