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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. See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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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 ... See all stories on this topic » | ||
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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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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. See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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. See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » |
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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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