May 10, 2013

Google Alert - Business Loans

News40 new results for Business Loans
 
NC banks push hard on SBA loans
Triangle Business Journal
The total include SBA 7(a) and 504 business loans. Under the programs, the banks actually lend the money while SBA offers a federal guarantee against default. Two North Carolina community banks grabbed the next two positions on the list. At No.
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Small Business Credit Pinch Impedes US Job Growth: Economy (1)
Businessweek
Tighter lending standards among U.S. community banks help explain why small businesses are adding jobs at only half the pace of large employers. The Federal Deposit Insurance Corp. says the 6,900 institutions it classifies as community banks supply ...
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5 Things to Know About Small Business This Week: May 10
TheStreet.com
Big bank loan approvals for small businesses jump in April. Banks are lending again to small businesses. Biz2Credit's monthly small-business lending index reported all-time highs for approval rates by big and small banks. Small business loan approvals ...
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Kiva Flint launch means community-based microloans for entrepreneurship ...
Mlive- flint
The microsloans allow community members to make loans ranging from $25- $5,000 to business owners, with hopes that it leads to the building of vibrant communities. "Kiva came to us around the first part of the year and asked if we would be willing to ...
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UniCredit CEO: ECB Plan on ABS Effective to Boost Lending
Fox Business
UniCredit SpA (UCG.MI) Chief Executive Federico Ghizzoni Friday said the European Central Bank's initiative on the asset-backed securities market will be a valuable initiative to aid the flow of credit to businesses. "The securitization [initiative] is ...
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Businesses put pressure on central bank to delay bad debt classification
VietNamNet Bridge
02 is implemented, a lot of the businesses' loans may be classified as bad debts, which would make businesses ineligible for borrowing more money from banks. If so, even if the lending interest rates go down, the capital would not reach out to ...
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VietNamNet Bridge
RIL provides Rs 14k-cr interest-free loan to arm
Business Standard
Reliance Industries Limited (RIL) has provided a whopping Rs 17,300-crore loan to its subsidiary Reliance Industrial Investments and Holdings to invest in land, retail and other "developing" businesses such as EIH. Of the loan amount, a tranche of Rs ...
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Business Standard
Lloyds repays final loan of €3.5bn to ECB
The Independent
Yesterday it said it is repaying the final €3.5bn following the sale of its Spanish retail business at the end of last month. Lloyds said the repayment "demonstrates the group's balance sheet strength and strong liquidity position". It has also sold a ...
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Job training, loans offer avenue to ease Arab youth unemployment
The Daily Star
Instead of drifting after high school like many of his jobless friends, the 21-year-old Jordanian works steadily, has taken a small loan to start his own business and recently got engaged. Nabouti's story points to a fix the unemployment-stricken ...
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The Daily Star
Sweet Water Organics out of business, leaves loans unpaid
fox6now.com
MILWAUKEE (WITI) — It was considered an investment in bringing jobs and healthy food to Milwaukee. But Sweet Water Organics is now out of business — and most of the city's loan remains unpaid. Sweet Water Organics was based in the city's Bay View ...
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Kit's Blog: Focus on peer-to-peer lending - Bridging and Commercial Distributor
B&C Distributor
This week, I have chosen to focus on peer-to-peer lending, which also includes peer-to-business lending. For those not familiar with the term, let me explain: this is where individuals (investors) lend money to other individuals (peer to peer lending ...
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Michigan Corp launches Kiva in Flint; innovative online lending program links ...
The Flint Journal - MLive.com
FLINT – A Michigan group is calling for a citywide effort to financially back small businesses through an innovative online loan process. Michigan Corps, a platform empowering Michiganders to make a difference at home, is launching Kiva – the world's ...
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Feds OK loans for flood-damaged Indiana counties
MSN Money
Pence's office said Friday the U.S. Small Business Administration has authorized making disaster loans eligible to flood victims in Grant, Howard and Tipton counties. That means residents, businesses and nonprofit groups in several neighboring counties ...
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Cable attacks 'pawnbroker' banks
shropshirestar.com
The Business Secretary said banks that lost confidence after the financial crash are now demanding businesses provide security on loans, "whether a gold watch or property", before lending. The practice is holding back the creative industries, exporters ...
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Disaster declaration opens door for loans for homes, businesses hit by storms ...
The Republic
A statement from the governor's office released Friday says the declaration makes homeowners and businesses affected by the disaster eligible for low-interest loans. The declaration includes Benton, Henry, Houston, Montgomery and Stewart counties.
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Top banks weighed down with $79b in overdue loans
China Daily
Bad loans are weighing heavily on China's top commercial banks this year, and are likely to hit profitability and asset quality, a report released by PwC claimed on Thursday. The study revealed that total overdue loans among the country's top 10 listed ...
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Bad loans drop at USAmeriBank
Tampa Bay Business Journal
The balance sheet is looking a little cleaner at the banking subsidiaries of USAmeriBancorp Inc. The company, the parent of USAmeriBank in Clearwater and Aliant Bank in Alabama, said the banks' ratio of non-performing assets to total loans dropped to 1 ...
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5 Credit and Lending Lessons Your Mother was Right About
Fox Business
Our lifelong goals—like home ownership, college, or launching our own business—often require taking on loans. And that's OK, financing those goals is generally considered "good" debt. Debt—particularly secured debt—isn't inherently bad, as long as ...
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New RMB loans drop in April
China Daily
Total new yuan loans and social financing extended by Chinese commercial lenders dropped in April, after the authorities introduced tougher regulation over non-traditional financing channels. According to data released by the central bank on Friday ...
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Two fronts being fought over lending reform in Texas
Austin Business Journal (blog)
Rick Perry's desk. Lawsuit lending reform has drawn support from a coalition of business groups, civil justice and legal organizations. "The unregulated lawsuit lending industry has come up with a creative scheme to skirt usury laws and unfortunately ...
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The interest rate on house loans is steady at around 3%
RTE.ie
Irish mortgage holders continue to pay significantly lower interest on their loans than the Euro area average. New figures from the Central Bank show the weighted average borrowing cost for house purchase in Ireland is 3%, compared with a euro zone ...
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Disaster Loans Available For Several Counties
Inside INdiana Business (press release)
INDIANAPOLIS, Ind. - Governor Mike Pence received word today that the U.S. Small Business Administration (SBA) has made available low-interest disaster loans for flood victims in Grant, Howard and Tipton counties. Residents, businesses and non-profit ...
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Lending stimulus contradictions are no laughing matter
Financial Times
It seems no more likely to persuade them, as it fails to remove the "roadblocks" that economist Gavyn Davies says are getting in the way of lending to higher-risk business customers: the regulatory pressure for smaller balance sheets and higher capital ...
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ANZ rate cut puts squeeze on rivals
The Australian
Phil Chronican, chief executive of ANZ in Australia, hinted ANZ had been on the verge of cutting rates even if the RBA hadn't, suggesting competition might increase as lenders fought for loans amid housing credit growth at 36-year lows. "We looked at ...
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Reliance lends Rs 14000 cr interest free loan to subsidiary
Business Standard
When contacted, a company official said these funds have been allocated to the subsidiary to make investments in all those businesses which are in the "developmental stage" and require initial capital to start the business. This includes investments in ...
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Business Standard
Three Slovenia Banks to Transfer Bad Loans - NASDAQ.com
NASDAQ
By Dow Jones Business News, May 10, 2013, 11:15:00 AM EDT. Vote up. loading. By Leos Rousek. LJUBLJANA--Three troubled state-owned Slovenian banks will transfer 3.34 billion euros ($4.33 billion) in non- performing loans to a newly established state ...
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Used fed funds to cover limo ride, parking tickets
Providence Eyewitness News
The PEDP, which functions as a wing of the city's planning department, provides loans to small businesses that have been rejected by traditional lenders. The agency came under fire in 2012 when HUD discovered that approximately 60% of PEDP's loans ...
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Flood-devastated counties get okay for federal loan program
Fox 59
Low-interest loans are now available for flood victims in Grant, Howard, Tipton and surrounding counties. Gov. Mike Pence was notified Friday that the U.S. Small Business Administration (SBA) approved his request for assistance. Residents, businesses ...
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What does it take to get a loan from a bank?
Finance and Commerce
So what does a business owner need to bring to the table to actually get one? Bloomington-based Venture Bank has actually managed to grow its loan portfolio 76 percent over the past five years, with $308.6 million presently on the books. The bank's CEO ...
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Finance and Commerce
KeyCorp Expands Commercial Mortgage Servicing With Deal
Fox Business
The deal with Bank of America is designed to increase KeyCorp's business of collecting payments from commercial and multifamily real-estate borrowers and distributing the payments to the owners of the loans, who are usually private investors. KeyCorp ...
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The Lending Circle Fears for Small Business Owner Recovery as Federal ...
PR Web (press release)
The Lending Circle, a division of Sunovis Financial, assists small business owners on a daily basis with access to capital. This includes Micro loans, SBA loans and commercial real estate loans. Fiscal policy and economy recovery as well as bank ...
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AGRA says holding talks with Stanbic Bank to repackage loans for Ghanaian ...
Ghana Business News
farmer_1 Dr Segenet Kelemu, Vice President for Programmes at the Alliance for Green Revolution for Africa (AGRA), has said they are in discussions with management of Stanbic Bank to repackage credit facilities for farmers. She said the two institutions ...
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Ghana Business News
Myrtle Beach area home construction loan market picking up steam
MyrtleBeachOnline.com
Laurence Bolchoz, president and CEO of Coastal Carolina, said his bank is seeing a 20 percent increase in construction loan business this year, and like CresCom, some of those include loans for spec homes. It is just this kind of community bank lending ...
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MyrtleBeachOnline.com
Through the Michigan Corps Flint entrepreneurs are getting loans
minbcnews.com
FLINT -- Michigan Corps is putting the spotlight on flint entrepreneurs showing off businesses or ideas to the world for individual loans. Kiva is a pilot program where people can browse profiles and stories of current and hopeful local business owners ...
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China April New Yuan Loans CNY792.9 Billion; Analysts Expected CNY800 Billion
NASDAQ
China April New Yuan Loans CNY792.9 Billion; Analysts Expected CNY800 Billion. By Dow Jones Business News, May 10, 2013, 04:28:00 AM EDT. Vote up. loading. BEIJING--Chinese financial institutions issued 792.9 billion yuan ($127.9 billion) of new yuan ...
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AEI on Dodd-Frank and Community Banks
National Review Online
Our business is based on longstanding relationships in the communities in which we live. We make loans often passed over by the large banks because a community banker's personal knowledge of the community and the borrower provides firsthand insight ...
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FEMA Releases Answers to Frequently Asked Questions About Disaster ...
LoanSafe
A: Money received through FEMA's Individuals and Households Program does not have to be repaid. Disaster assistance loans from the U.S. Small Business Administration (SBA) must be repaid. FEMA cannot duplicate benefits. So, if you receive insurance or ...
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Construction Lending Still Facing Tepid Improvement
Memphis Daily News
"We want to make loans – construction loans, bridge loans and mini-perm loans – on commercial and multifamily projects, and we are actively pursuing that business," said Frank Stallworth, president of the commercial and multifamily division for Magna Bank.
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Greater Hudson Bank, N.A. Welcomes Damiane Doyle As Commercial Loan ...
Sacramento Bee
In this position, Ms. Doyle responsibilities will include developing new business and assisting in the overall growth of the Bank with regards to commercial loans and deposits. In addition, she will be responsible for maintaining existing relationships ...
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Clean Streets, Regulations, Unemployment Benefits – Business Owners Talk To ...
Patch.com
There was also a presentation on how to get small business loans. When it came time for questions, however, frustration was palable. "We want to grow the busines, we want to be more than a small business, but we manage at 49 [employees] because of the ...
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Web5 new results for Business Loans
 
While Big Banks Give Few Breaks, Advantage Capital Business ...
While Big Banks Give Few Breaks, Advantage Capital Business Loans Assists Small Business Owners in Meeting their Goals. As small business loan ...
www.prnewswire.com/.../while-big-banks-give-few-breaks-ad...
Merchant Advance Capital Launches First Business Loan Service in ...
Canadian financing companies catering to small businesses typically offer the popular 'merchant advance' service. Vancouver-based Merchant Advance Capital ...
www.prweb.com/releases/2013/5/prweb10713097.htm
Banks Ease Small Business Loan Terms But Demand Slowing ...
Banks are finally loosening loan terms to small businesses. But smaller and larger companies have recently slowed demand for credit.
news.investors.com/.../051013-655694-banks-ease-loan-terms...
Elk River Launches Forgivable Business Loan Program - loans.org
A Minnesotan city is hosting a new business loan program. The program's business loans are forgiven if participating businesses meet certain requirements .
loans.org/.../elk-river-launches-forgivable-program-92821
Business Financial Services, Inc. Expands Business Loan Product to ...
From Yahoo! Finance: CORAL SPRINGS, Fla., May 7, 2013 /PRNewswire/ -- Business Financial Services, Inc. (BFS), a leading specialty finance company ...
finance.yahoo.com/.../business-financial-services-inc-expands-...


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