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| Waiting on Disaster Loans, Vermont Sues a Patent Troll, Yelp Pressure: May 23 Businessweek Federal disaster loans to help small business owners recover from Hurricane Sandy have been slow to arrive, writes J.D. Harrison, raising concern in the wake of the tornado that destroyed much of Moore, Okla., this week. [Washington Post]. The Vermont ... See all stories on this topic » | ||
| House backs variable rate student loans Plain Dealer "We have an opportunity today to get politicians out of the business of setting student loan interest rates," House Education and the Workforce Committee Chairman John Kline. "We have an opportunity to provide students more stability in the long run by ... See all stories on this topic » | ||
| Tech Startups Force Small Banks to Consider Online Lending American Banker Aite Group, a Boston consulting firm, counts at least 60 companies, including Lighter Capital in Seattle and IOU Central in Atlanta. Those firms are seizing control of the market for the smallest business loans, ranging from $500 to $50,000, with 12 ... See all stories on this topic » | ||
| Politically Correct Lending Hands Corporate Welfare to Big Banks Budget & Tax News The agency's flagship loan product is the 7(a) program that funds business loans. More than $15 billion in SBA 7(a) loans were disbursed in 2010. The two years following were brisk as well, nearly matching the boom years of '04 through '07. These loans ... See all stories on this topic » | ||
| SBA starting new lending program for veterans Charlotte Observer The ongoing reduction of troops in Afghanistan, which follows the withdrawal of troops in Iraq, is expected to increase demand for business loans from veterans, Bradshaw said. Copyright 2013 The Associated Press. All rights reserved. This material may ... See all stories on this topic » | ||
| TD Bank profit rises despite sluggish housing growth Reuters Canada TO: Quote) reported a 2 percent increase in quarterly earnings as higher trading, business lending and U.S. banking income offset slowing loan growth in its core Canadian market. The result, the first from a Canadian bank in a quarter that has seen ... See all stories on this topic » | ||
| 'Loser' No More: Tesla Repays $465 Million US Loan TIME "It's really hard to start a company, particularly in the auto business, and be successful." Tesla's loan repayment is a big boost for the still-nascent U.S. electric car industry. "While the market has taken longer than predicted to get going, sales ... See all stories on this topic » | ||
| Looking for Big Yields? Think Twice Before Investing in These Securities Motley Fool The commercial debt business is currently experiencing somewhat of a revival, as some of the biggest banks scramble to write more business loans that can be packaged into products for sale to yield-hungry investors. Some types of commercial ... See all stories on this topic » | ||
| Beats Electronics Seeks $700 Million in Loans; Allflex Sets Rate Businessweek Beats Electronics LLC, the headphone maker founded by music producer Jimmy Iovine and rapper Dr. Dre, is seeking $700 million in loans for a dividend and to repay debt, while Allflex Holdings set the rate on $810 million of financing that will back its ... See all stories on this topic » | ||
| SBA creates $475M loan program for vets Business Journal (blog) The U.S. Small Business Administration expects to boost its small business lending by $475 million nationwide through the SBA Veteran Pledge Initiative. The agency expects to assist 2,000 veterans obtain loans to start or expand companies during the ... See all stories on this topic » | ||
| After rate cuts, home loans to get cheaper Times of India Earlier, home loans had a spread of 50 to 100 basis points over the base rate. Industry observers anticipate the home loan business to grow by 20% this year with demand for affordable housing (homes in the range of Rs 10-30 lakh) and demand for loans ... See all stories on this topic » | ||
| Spiralling office costs spur commercial loans Macau Business Daily ... Ltd chief executive Ronald Cheung Yat Fai said expensive office transactions had probably driven the near-record loans. "The office market has been fairing quite well this year with a rise of about 50 percent in prices for some cases," he told ... See all stories on this topic » | ||
| Fed: Competition pushing down banks' loan margins Finance and Commerce He says the economy has improved enough that the same business loan deal from a year ago might look less risky now. MacKay's advice to a business owner previously turned down for a loan: "I'd go back and ask that question again." But businesses with ... See all stories on this topic » | ||
| Bank Indonesia Taps Religious Groups to Expand Banking Outreach Jakarta Globe The religious groups can help banks select and evaluate potential debtors, and determine their eligibility for business loans, Suhaedi said. "We've contacted the BI headquarters [in Jakarta] and the World Bank to make this a pilot project for Indonesia ... See all stories on this topic » | ||
| The Funding for Lending Scheme is due to be extended, it has been revealed Creditman As part of the scheme, banks are given cheap loans, with the proviso that they pass these on to customers including small businesses and households. However the scheme has been criticised after recent BoE figures showed that participating banks were ... See all stories on this topic » | ||
| Landbank loan portfolio grows by 13% Inquirer.net Outstanding loans for agri-business, aqua-business and agri-aqua related projects of local government units and state owned corporations stood at P66.6 billion while loans to micro, small and medium enterprises reached P32.8 billion, 30 percent up from ... See all stories on this topic » | ||
| Andhra Bank's retail loan initiative Hindu Business Line Andhra Bank has launched a Retail Loan Express Project for speedy processing and disbursal of housing loans. B.A. Prabhakar, Chairman and Managing Director of Andhra Bank, formally launched the project here on Monday as part of the 'Navashakti' ... See all stories on this topic » | ||
| Helaba Gets Off to a Good Start in 2013 Financial Year MSN Money Net interest income after provisions for loans and advances grew by more than 19 per cent to EUR 229 million, due to an increase in income from customer-related business and the integration of the S-Group Bank NRW. Provisions for loans and advances, ... See all stories on this topic » | ||
| SBA initiative with lenders will help veterans become entrepreneurs Kitsap Peninsula Business Journal WASHINGTON — The U.S. Small Business Administration (SBA) announced the SBA Veteran Pledge Initiative, a commitment by its top national, regional and community lenders to collectively increase their lending activity to veterans by 5 percent per year ... See all stories on this topic » | ||
| SBI Q4 net profit falls 18.5% Business Standard "The loan processing charge did not show any increase due to stagnant market conditions. The rates have been lower in government business. Our commissions from letter of credit and bank guarantee business were lower. We felt we were selling the bank ... See all stories on this topic » | ||
| Goldstar Credit Offers Premier Payday Loan Services and Free Consultation in ... SBWire (press release) Goldstar Credit Offers Premier Payday Loan Services and Free Consultation in Singapore. Goldstar Credit is Singapore's leading payday, personal and business loan service provider, which also offers free consultation and advice to clients. Forward ... See all stories on this topic » | ||
| IFC to give 240 SMEs in Ghana business training spyghana.com The International Finance Corporation (IFC) has signed a pact with Advans Ghana Savings & Loans Ltd to train a new set of 240 SMEs in Ghana under its Business Edge programme. The Corporation signed a similar agreement in February 2013 with Fidelity ... See all stories on this topic » | ||
| Exim Bank net profit up 10 % to Rs 742 crore Business Standard Export-Import Bank of India (Exim Bank) today reported 10% rise in net profit at Rs 742 crore for the year ended March 2013 due to growth in project loans and diversification in exports in South Asia and Africa. Total business of the bank was up by 21 ... See all stories on this topic » | ||
| Tesla Repays Its Government Loan 9 Years Early Business Insider "When you're talking about cutting-edge clean energy technologies, not every investment will succeed - but today's repayment is the latest indication that the Energy Department's portfolio of more than 30 loans is delivering big results for the ... See all stories on this topic » | ||
| Toronto-Dominion Profit Rises on US Lending Business Bloomberg Toronto-Dominion Bank (TD), the first Canadian lender to report second-quarter results, said profit rose 1.8 percent on record earnings from U.S. consumer lending. Net income for the period ended April 30 climbed to C$1.72 billion ($1.67 billion), or C ... See all stories on this topic » | ||
| Daily business briefing: St. Louis County loans Metro $400 million Belleville News Democrat St. Louis County is loaning Metro $400 million to pay off debt, according to a KMOX story cited by the St. Louis Business Journal. The radio station reports that the funds are coming from the Proposition A transit sales tax and the St. Louis-based ... See all stories on this topic » | ||
| Mining ban: Don't fine loan defaulters, demands GMPF Business Standard The GMPF during its meeting with the Chief Minister requested him to pursue with the Ministry of Finance and Reserve Bank of India to relax or restructure and defer the repayment of loans secured from financial institutions and waive off the interest ... See all stories on this topic » | ||
| Student Loan Bill Tying Rates To Market Passes House Huffington Post Republicans say their plan is a long-term solution that will take politicians out of the business of setting student loan rates and using them as a bargaining chip. It is unclear, however, how much support the bill will get in the Democratic-led Senate ... See all stories on this topic » | ||
| First Calgary Financial reports 79th consecutive profitable quarter Calgary Herald First Calgary Financial's book of business (total member loans, deposits, mutual funds and loans under administration) managed on behalf of Calgarians was up about 5.73 per cent from last year to $5.42 billion. First Calgary Financial is the ninth ... See all stories on this topic » | ||
| Going gets tougher for TD as mortgage lending slows National Post One of the important numbers that banks disclose is something called the net interest margin, often buried deep in quarterly financials. Despite the technical sound of the phrase, it simply refers to the average amount of profit made on loans during ... See all stories on this topic » | ||
| Bank of Monticello buys Kahoka Heartland Bank & Trust Banking Business Review Bank of Monticello president Virgil Welker said that the company will continue to provide customers with exceptional service and value. "Our lending focus includes agricultural, real estate, residential, consumer and small business loans," Welker added. See all stories on this topic » | ||
| Ellington Hires GMAC Unit Head for New Origination Business (1) Businessweek Investment firms including Pine River Capital Management LP and Angelo Gordon & Co. have taken steps to move into the mortgage-origination and servicing market amid a rebound in new home loans. Lenders made $1.9 trillion in new mortgages last year, ... See all stories on this topic » | ||
| House to vote on variable rate student loans SCNow WASHINGTON — Dismissing a veto threat from President Barack Obama, lawmakers in the Republican-led House approved legislation that links student loan rates to the ups and downs of the financial markets. The Republican-backed bill would allow ... See all stories on this topic » | ||
| SBV overhasty in loosening monetary policy? VietNamNet Bridge The dong deposit interest rate has been capped at 7.5 percent, while the lending interest rate applied to preferential business sectors at 13 percent per annum. In businessmen's eyes, the State Bank has been going too slowly in slashing interest rates. See all stories on this topic » | ||
| Tesla Motors repays its $465 million government loan in full Examiner.com Tesla Motors was criticized for the large, $465 million loan it obtained from the US Department of Energy in 2010 but it has now paid off the loan in full, silencing critics who complained that Tesla was using a taxpayer- funded handout to finance its ... See all stories on this topic » | ||
| For those who want to start a business up This is Kent The University of Greenwich and Medway Council have clubbed together to host a business breakfast at the Innovation Centre in Medway on June 13 from 7.30 to 9.30am. Munch your muesli to discussions on grants, loans and finance for business growth, ... See all stories on this topic » | ||
| Biz Bulletin: How to avoid scams while in the military Chattanooga Times Free Press BBB Military Line, the military arm of the Better Business Bureau, provides free resources, such as financial literacy information, access to BBB services and scam alerts, and complaint and dispute resolution for all branches of the U.S. military. BBB ... See all stories on this topic » | ||
| VION Completes Sale of $1.3 Billion Loan Portfolio Business Wire (press release) ATLANTA--(BUSINESS WIRE)--VION Receivable Investments (VION) is pleased to announce the successful closing (sale) of a non-performing loan portfolio with an approximate face value of $1.3 billion. The portfolio was traded to two buyers, segmented by ... See all stories on this topic » |
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| Tesla Pays Back Federal Loan 9 Years Early - HispanicBusiness.com Electric vehicle maker Tesla Motors announced it paid back its $465 million government loan early, giving a boost for the Obama administration and federal clean-tech programs. Hispanic Business Magazine | ||
| House to vote on variable rate Stafford loans | Long Island Business ... By The Associated Press "As the economy continues to recover and at a time when market interest rates are at historic lows, more than 7 million students who rely on these loans to finance postsecondary education should not be burdened with additional college debt ... Long Island Business News |
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| Business Loans - Flagstar Bank Business loans from Flagstar Bank are a perfect solution to help distribute the cost of expenditures such as purchasing a building, financing equipment, and ... www.flagstar.com/content/flagstar/en/.../business-loans.html | ||
| Casino-funded small business loans now ... - Coleman Report Casino-funded small business loans now available in Maryland ... This is first I've heard of this source of small business loan funding from casino revenues. www.colemanreport.com/casino-funded-small-business-loans-... | ||
| Small Business Resources In Savannah – Small Business ... Business Loans. Small Business Assistance Corporation 111 E. Liberty Street, Suite 100. Savannah, Georgia 31401. P: 912.232.4700 | F: 912.232.0385 ... www.sbacsav.com/...us/.../small-business-resources-in-savanna... | ||
| 5 Reasons Why Your Business Loan Application Was Denied - Loans Business loan applications are often denied and rejected. Here are five reasons why business loans are not financed and how best to avoid these mistakes. loans.org/business/articles/five-reasons-why-application-denied | ||
| Lending from Advantage Capital Business Loans ... - KCTV5.com Lending from Advantage Capital Business Loans Leads the Way Toward Economic Stability - KCTV5. Member Center: Create Account|; Log In; Manage Account ... www.kctv5.com/.../lending-from-advantage-capital-business-l... |
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