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| Veterans to Get More Small Business Loans TheStreet.com The SBA in conjunction with its lending partners -- which includes 100 additional regional and community lenders -- expects to assist an additional 2,000 veterans on top of its current workload with $475 million of capital to start or expand small ... See all stories on this topic » | ||
| SBA starting new lending program for veterans Seattle Post Intelligencer NEW YORK (AP) — The Small Business Administration says it has lined up pledges from more than 120 banks to increase lending to veterans. The agency said Tuesday it's starting a program, the SBA Veteran Pledge Initiative, aimed at increasing lending to ... See all stories on this topic » | ||
| Economy Watch: Lending Standards Easing for Business, CRE; Chicago Fed ... Commercial Property Executive (blog) Banks are (relatively) easier these days with business loans, but still a little Scrooge-like when it comes to lending to households. A relatively "large fraction" of domestic banks said they had eased standards on commercial and industrial loans in ... See all stories on this topic » | ||
| Commercial and industrial loans rise, and with them, risk Globe and Mail Not too long ago, they were rebuked for taking billions from the government but passing precious little of it on to job-creating business borrowers. Persistently low interest rates have given them reason to lend, though; increasing loan volumes is one ... See all stories on this topic » | ||
| Charlotte Metro Credit Union CEO on growth, bank rivals and business lending Charlotte Business Journal (blog) The president and chief executive of Charlotte Metro Credit Union doesn't hold back on his criticism of big banks. He wasn't shy about soliciting my business (at least four pitches for me to join the credit union in under an hour). And he's never been ... See all stories on this topic » | ||
| Oakland looks to give micro-loans to small businesses abc7news.com OAKLAND, Calif. (KGO) -- An effort to help business owners in Oakland get ahead, may move forward tonight. The City Council is considering a partnership with a micro-lending outfit. It is an arrangement supporters hope will help lift the local economy. See all stories on this topic » | ||
| China Big Four Banks New Lending Surged in May - Report Fox Business China's four largest banks issued 233 billion yuan ($38 billion) new loans in the first 21 days of May, up 30% from the same period a month earlier, the 21st Century Business Herald reported Wednesday, citing unnamed sources. The surge in demand for ... See all stories on this topic » | ||
| Harford government shouldn't be in the loan business [editorial] Baltimore Sun Once again, the Harford County government, like many county and municipal governments around the state and nation, has perpetuated the practice of running a taxpayer-subsidized business banking system. Most recently, the Harford County Council ... See all stories on this topic » | ||
| RapidAdvance takes subprime commercial lending to prime time (Video) Washington Business Journal (blog) Bethesda-based Rapid Financial Services LLC, which does business as RapidAdvance, funds small businesses nationwide that don't qualify for bank loans. It's part of the merchant cash-advance industry, which provides money to small and medium-sized ... See all stories on this topic » | ||
| Standard & Poor's Reaffirms AA Rating on Class A Notes from Newtek Small ... MarketWatch (press release) Newtek Small Business Loan Trust 2010-1 is an asset-backed securities transaction collateralized primarily by a pool of unguaranteed portions of U.S Small Business Administration Section 7(a), loans backed by commercial real estate and other collateral ... See all stories on this topic » | ||
| CSM's Bakery Unit Said to Seek $1 Billion Loan for Buyout (1) Businessweek CSM NV (CSM)'s bakery supplies business is seeking $1 billion in loans to back its buyout by Rhone Capital LLC, according to two people with knowledge of the transaction. CSM Bakery Supplies is proposing to pay interest at 3.75 percentage points to 4 ... See all stories on this topic » | ||
| Premier Banks Expand Capital Access Network's Credit Line by $165 Million to ... PYMNTS.com CAN offers small businesses access to multiple finance choices, including small business loans and flexible funding products. This powerful combination of "big data" analytics and multiple product offerings allows the company to help small businesses ... See all stories on this topic » | ||
| Banker says loans alone not enough The Japan Times In the current economic climate, banks should not only lend money to client companies but also support them in ways to make them more eager to expand existing operations or launch new businesses, Johnan Shinkin Bank chief Tsuyoshi Yoshiwara said in a ... See all stories on this topic » | ||
| Finding Federal Money to Rebuild Oklahoma Homes and Businesses Businessweek As the Oklahoma City suburb begins to rebuild, many residents are likely to rely on grants from the Federal Emergency Management Agency, insurance payouts, and loans from what might seem an unlikely source: the Small Business Administration. Due to a ... See all stories on this topic » | ||
| ECB's Liikanen urges open mind on asset-backed securities MSN Money HELSINKI (Reuters) - The European Central Bank must keep an open mind on all policy tools, including buying asset-backed securities (ABS), to get lending flowing to small businesses, Governing Council member Erkki Liikanen said on Tuesday. The ECB's ... See all stories on this topic » | ||
| Small business urged to widen hunt for credit CITY A.M. "The government wants to see a shift in the market structure towards non-bank lending, and through the business bank is deploying £300m of the £1bn allocated to the initiative to invest alongside the private sector in new entrants and the growth of ... See all stories on this topic » | ||
| Middletown-based Greater Hudson Bank announced a partnership with Newtek ... Westfair Online Middletown-based Greater Hudson Bank announced a partnership with Newtek Business Services Inc., based in New York, to finance independently owned and operated businesses with small business loans ranging from $50,000 to $5 million. Greater ... See all stories on this topic » | ||
| Rogue Creamery co-owners get business award Mail Tribune Wells Fargo and U.S. Bank were lauded for their contribution to small business. Wells Fargo made 84 loans and guaranteed $41 million, while US Bank guaranteed 129 loans worth $31 million. Among the banks making 20 loans or at least $10 million were: ... See all stories on this topic » | ||
| SBA Economic Injury Disaster Loans available to Liberty County residents Liberty Vindicator Small, nonfarm businesses in 28 Texas counties are now eligible to apply for low-interest federal disaster loans from the U. S. Small Business Administration (SBA). "These loans offset economic losses because of reduced revenues caused by the drought ... See all stories on this topic » | ||
| East Anglia: Cautious welcome as lenders see strong upturn in home loans East Anglian Daily Times Jon Hall, chief executive of Saffron Building Society, said his business had seen a 22% increase in mortgage lending in April compared to March, but the April figure was on a par with the same month the previous year. He predicts a long, slow road to ... See all stories on this topic » | ||
| KeyBank Pledges 5 Percent Annual Increase in SBA-Guaranteed Loans to ... PR Newswire (press release) FORT BRAGG, N.C., May 21, 2013 /PRNewswire/ -- KeyBank is one of 20 large national banks accepting a US Small Business Administration challenge to increase SBA-backed loans to small business owners who are veterans. SBA Director Karen Mills ... See all stories on this topic » | ||
| Stanbic Bank writes off loans of some Kantamanto fire victims BusinessGhana The customers, who had signed on the Stanbic SME Quick Loans product, are covered by an insurance component of 0.756 per cent of the loan value that caters for misfortunes such as flood, fire, disability and death. Meanwhile, Stanbic has also made a ... See all stories on this topic » | ||
| Shriram City Union Fin expects margin to slip to 11% Business Standard As the proportion of lending to non-gold segments like two-wheelers and small businesses was growing, it helped the margins considerably, he explained. Its total income for FY13 on a consolidated basis had stood at Rs 3,081.20 crore as against the Rs ... See all stories on this topic » | ||
| Finance isn't one size fits all bdaily "If businesses are looking for traditional bank loans to fund working capital then the most pressing job is to educate them that these deals are less likely to reach a positive outcome unless funding is for a very well established business which offers ... See all stories on this topic » | ||
| Oakland Startups May Tap Into Kiva Micro-Lending NBC Bay Area Mandela foods is a small business that benefited from a kiva loan before oakland made a proposal to become a trustee. The local grocery store in west Oakland opened up four years ago. "We wanted to open this grocery store up because people in this area ... See all stories on this topic » | ||
| SBA announces pledge to increase lending to veteran entrepreneurs The Mohawk Valley Business Journal 5/21/2013 2:19:00 PM. The U.S. Small Business Administration (SBA) today announced the Veteran Pledge Initiative, a commitment by its top lenders to collectively increase their lending activity to veterans by five percent annually over the next five years. See all stories on this topic » | ||
| One Billion Reasons Why ANZ is Backing Small Business Business Review Australia "A lot of new small business owners think that it's only big businesses that get loans from the banks, but that's not the case. In the last year, we approved more than seven out of every 10 lending applications from new small businesses. "In addition ... See all stories on this topic » | ||
| Generac Provides Update on Credit Facility Refinancing Investor's Business Daily (BUSINESS WIRE)-- Generac Holdings Inc. (NYSE: GNRC, the "Company"), a leading designer and manufacturer of generators and other engine powered products, provided an update today on its previously announced credit facility refinancing in conjunction ... See all stories on this topic » | ||
| July-March foreign aid stands at $1.78 billion Business Recorder (blog) Documents obtained by Business Recorder revealed that from July 2012 till March 31, 2013, China remained the largest loan provider to Pakistan disbursing $412.3 million. The country had budgeted foreign assistance for the current fiscal year at $3.73 ... See all stories on this topic » | ||
| Starting your own business: What costs do you need to consider? Mirror.co.uk However, many businesses are missing out on effective alternative financing solutions such as invoice or supply chain finance - or relying excessively on loans and investments - and in doing so, are opening themselves up to unnecessary cash flow ... See all stories on this topic » | ||
| What arbitrage? Hindu Business Line However, for regulatory arbitrage to exist there must be material differences in the regulatory obligations of housing finance companies (HFCs) and banks with respect to their home loan business. In truth, there is hardly any. On all critical aspects ... See all stories on this topic » | ||
| Wells Fargo Commercial Banking Names James Vargo as SVP, Business ... EON: Enhanced Online News (press release) "Jim's combination of lending experience to middle market companies and financial management experience as CFO makes him superbly qualified to assist our customers and prospective customers as they grow their businesses," said Dan Lange, senior ... See all stories on this topic » | ||
| Asset Based Lending Announces 1st Quarter 2013 Results - Newsday Newsday Asset Based Lending, LLC is pleased to announce that its ABL One fund reported 1st quarter 2013 results of 2.719% net of fees. The fund has generated positive returns every month since its inception in June 2012. Hoboken, NJ (PRWEB) May 21, 2013 ... See all stories on this topic » | ||
| Freddie Mac Approves Greystone as Designated Seniors Housing Seller/Servicer The Herald | HeraldOnline.com "Our experience working with FHA, Fannie Mae and Freddie Mac, and our expertise in the multifamily and healthcare lending business allow us to provide our clients across the United States with innovative solutions that fit their individual needs." ... See all stories on this topic » | ||
| Sharon banker convicted of NH business fraud scheme Enterprise News The U.S. attorney's office says Bender arranged for the bank to purchase loans extended to customers and formed shell companies to defraud businesses. The customers were sent fraudulent invoices charging them for loan underwriting services that weren't ... See all stories on this topic » | ||
| Deadline for Alabama Private Non-Profit Organizations to Apply for SBA ... The Herald | HeraldOnline.com ATLANTA, May 21, 2013 — /PRNewswire-USNewswire/ -- The U.S. Small Business Administration reminds Private Non-Profit Organizations (PNPs) in Alabama that June 21 is the deadline to submit Economic Injury Disaster Loan applications. These loans ... See all stories on this topic » |
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| Lesson from payday, title-loan stories: Check impact on related ... By Rosland Gammon Until ProPublica and Marketplace co-produced a series this month, installment lenders had remained in the shadows of payday and title-loan lenders, which have received a lot of scrutiny. That was the case even though installment lenders ... BusinessJournalism.org Reynolds... |
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| Veterans to Get More Small Business Loans - TheStreet The U.S. Small Business Administration on Tuesday launched the SBA Veteran Pledge Initiative, a commitment by 20 of the largest banking institutions to ... www.thestreet.com/.../military-veterans-to-get-more-small-busi... | ||
| Commercial Business Loan | Balboa Capital - Equipment Leasing Commercial business loans from Balboa Capital. Keep your company growing with a custom-designed commercial business loan. Easy application, fast ... www.balboacapital.com/commercial-business-loan/ | ||
| Peer to peer lending good for short term small business loans ... Peer to peer lending has long been a useful source of small business funding. The latest website to get into peer to peer lending is Funding Community. buildmybiz.com/peer-to-peer-lending-good-for-short-term-sm... | ||
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| Personal Care & Services - Funding Community "Providing community supported small business loans to beloved local businesses". Legal Disclaimer: Funding Community connects small businesses with ... https://www.fundingcommunity.com/.../50ab24ee0d9d94216b... | ||
| Lending from Advantage Capital Business Loans ... - WCAX.com WCAX.com is your local source for information in Burlington, Vt., delivering breaking news, weather and sports. Covering all of Vermont, the Upper Valley in New ... www.wcax.com/.../lending-from-advantage-capital-business-lo... |
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