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| Banks begin to loosen their lending strings Canton Repository Businesses that need an infusion of cash might have a better chance at a loan today, as opposed to three years ago, but be prepared to answer plenty of questions. The period dubbed by some as "The Great Recession" saw banks pull back on lending. As the ... See all stories on this topic » | ||
| Alleged mis-selling of loans flagged up at Holyrood The Courier The 61-member group has been calling for the Financial Conduct Authority to review fixed rate tailored business loans provided to them by the Clydesdale and Yorkshire banks, subsidiaries of National Australia Bank. They believe the loans, which they ... See all stories on this topic » | ||
| Student loan crisis costs PA Philadelphia Business Journal The analysis focused on the economic costs to Pennsylvania if the subsidized Stafford Loan program is not renewed before its phase-out date, July 1. Subsidized Stafford Loans offer college financing to needy students at a 3.4 percent interest rate ... See all stories on this topic » | ||
| Rabobank offers discount loans Palo Verde Valley Times BLYTHE - In celebration of National Small Business Week in June, Rabobank in Blythe is offering local businesses a special discount on small business loans and lines of credit. Branch Manager Trudie Cook and her staff are ready to answer your questions ... See all stories on this topic » | ||
| You've been warned -- Wall Street banks are cooking up another financial crisis Fox News (blog) Too often loans are made to businesses with inadequate cash flow—paper profits are important to stock investors but banks focus on cash flow to evaluate whether an enterprise can pay up each month. Also, many loans carry weak covenants and collateral. See all stories on this topic » | ||
| Five common myths about SBA loans Silicon Prairie News As of April 2013, the Small Business Administration had approved more than $9.4 billion in its flagship 7(a) loans for this fiscal year. The SBA is no small player when it comes to business lending, yet many potential borrowers think SBA loans signal ... See all stories on this topic » | ||
| WBDC Joins Loan Program For Veterans Worcester Business Journal Daniel Son, a spokesman for NADCO, said in a statement from the WBDC that his organization, working with the SBA, wants to increase small business loans to veterans by 5 percent over the next five years. "This program will help veterans ease back into ... See all stories on this topic » | ||
| Morning business - 14 June RTE.ie "Banks are lending to strong businesses and medium-strong businesses, but it's quite common knowledge now in Ireland that around half of the SMEs have some form of a financial challenge and that's challenging for banks as well to make a credit decision ... See all stories on this topic » | ||
| New figures show first-timer mortgage lending 'down' nebusiness.co.uk MORTGAGE lenders have insisted that first-time buyer activity is strengthening, despite new figures showing that lending to this sector dipped for the first time since the start of the year. Some 19,400 loans worth £2.5bn were taken out by first-time ... See all stories on this topic » | ||
| Alpharetta Business Uses Loan for Exports Patch.com A $50,000 loan to an Alpharetta business will sustain two jobs and support $95,000 in exports. Post Medical Inc. of Alpharetta received the line of credit from the Export-Import Bank of the United States so the local firm could continue exporting its ... See all stories on this topic » | ||
| A depressing déjà vu from the US banks Business Spectator A depressing déjà vu from the US banks. Peter Morici 14 Jun, 8:37 AM 5 · Economy · Global News · US Economy. US banks are flush with cash and, chasing high returns, have again started issuing dodgy loans to shaky businesses. The painful lessons of ... See all stories on this topic » | ||
| Puget Sound Bank Completes Acquisition of Core Business Bank Sacramento Bee As of March 31, 2013 Puget Sound Bank had less than 1% (0.66%) of nonperforming loans of its total assets and Core Business Bank had zero nonperforming loans. Puget Sound Bank, like Core Business Bank, has one of the highest percentages of ... See all stories on this topic » | ||
| New bank to give boost to businesses in Appalachia The Desert Sun He also had a problem: Highlands Diversified Services is headquartered in small-town Appalachia, a place where big banks lend money for houses, cars and refrigerators but shy away from business loans. Louisville, sure. But not London, Ky., population ... See all stories on this topic » | ||
| Banks judging SMEs "harshly" during lending appeals TaxAssist Accountants An official report into appeals by start-ups and small firms against banks' lending decisions found they were at times "judged harshly", with verdicts sometimes based on the personal credit scores of business owners. The study showed almost 40 per cent ... See all stories on this topic » | ||
| Highland/iBoxx Senior Loan ETF Announces Details of June Regular Distribution The Herald | HeraldOnline.com DALLAS — Highland/iBoxx Senior Loan ETF (the "Fund") (NYSE: SNLN) declared a regular distribution, for June 2013, of $0.085 per share, payable on the last business day of the month to holders of record at the close of business June 18, 2013. See all stories on this topic » | ||
| Central bank throws red flag on loans | Bangkok Post: business Bangkok Post The Bank of Thailand ramped up its warning that escalating household debt in recent years is posing a risk to the country's financial stability and warrants close monitoring. Two panels under the central bank - the Monetary Policy Committee (MPC) and ... See all stories on this topic » | ||
| Play centre thrives on enterprise loan This is Nottingham But the expansion of her business, the Pirate's Play Centre on Kelham Drive off Hucknall Road, was made possible only because of a £20,000 loan from an enterprise agency. Kathryn wanted to expand her play centre for children aged up to 10 but needed to ... See all stories on this topic » | ||
| Fund Helps Very Small Businesses Grow Patch.com The Pasco Economic Development Council's Micro-Loan Fund marked its year anniversary in April helping the Davids of the local economy. These Davids are no Goliaths. They are very small businesses that otherwise would not qualify for traditional loans ... See all stories on this topic » | ||
| Nations Lending of Independence says mortgage crisis helped executives focus ... Plain Dealer Nations Lending went from having its best month in November 2006 and, just two to three months later, new business was almost non-existent. Nations Lending originated loans for consumers and then sold those to other banks. But when the crisis hit ... See all stories on this topic » | ||
| Public sector urged to step up funding help for small firms The Independent The AFME said the measures were necessary to get private investors lending to SMEs. The report said: "The majority of non-bank investors interviewed did not have appetite to lend directly to SMEs as it did not fit with their business models. "Solutions ... See all stories on this topic » | ||
| TutoringZone Investors sue over $440000 in loans Gainesville Sun In the complaint filed in May, the investors say Matthew Hintze led them to believe that Ethan Fieldman and the TutoringZone tutors would not compete with his business. They also say he failed to disclose more than $500,000 in loans he had already ... See all stories on this topic » | ||
| Tips to become the ideal business borrower The Times (subscription) According to the study for the British Bankers Association (BBA), more than half (58 per cent) of applications for business loans of less than £25,000, were rejected because of credit scores. Professor Russel Griggs, the report's author, has called on ... See all stories on this topic » | ||
| Fidelity unit in pact to open cash spigot for RIAs InvestmentNews The bank has noticed that custodians have been making some loans selectively to RIA client firms, Mr. Smits said, "but they're not in the lending business, and only do it if it's absolutely necessary. That tells me there is a lack of access to capital ... See all stories on this topic » | ||
| Sallie Mae Sheds Student Loan Stake - Analyst Blog NASDAQ We believe that Sallie Mae's strategic decision to focus on its flourishing private student loan business will help it navigate the challenging operating environment. Further, its leading market position and diversifying efforts will drive earnings in ... See all stories on this topic » | ||
| Absa's share of loans drops Independent Online Johannesburg - Absa, the South African bank controlled by Barclays, said it has restricted lending and lost market share to avoid an increase in bad debts. "Our personal loan book has remained virtually flat over the past year and our market share in ... See all stories on this topic » | ||
| Santander Mexico to buy ING mortgage business Reuters UK MC) said on Friday it will buy Dutch bank ING's mortgage business in Mexico to become the country's second-biggest provider of home loans. Santander Mexico (SANMEXB.MX), Mexico's No. 3 bank, will pay 643 million Mexican pesos (32.2 million pounds) ... See all stories on this topic » | ||
| SBA provides loans for those who don't qualify for FEMA payments Peoria Journal Star She emphasized Friday that any such loans would actually be offered through the U.S. Small Business Administration's Office of Disaster Assistance, and that was confirmed by representatives of both federal agencies. "FEMA does not provide loans," said ... See all stories on this topic » | ||
| Disaster loan fee waiver OK'd, free ID cards Newsday (blog) Assemb. Harvey Weisenberg (D-Long Beach) Wednesday announced State Assembly passage of legislation he sponsored to exempt residents from paying the state filing fee for federal Small Business Administration disaster loans. State Sen. Dean Skelos ... See all stories on this topic » | ||
| Banks fight over fixed-rate mortgage market Business Spectator Banks fight over fixed-rate mortgage market. 14 Jun, 3:39 PM. HSBC cuts rates on two-year fixed loans for new business to record low. You must be logged in to read this article. Not a member yet? Register today ›. iOS devices image. Business Spectator ... See all stories on this topic » | ||
| Equifax Offers Credit File Advice For Entrepreneurs MENAFN.COM "Without a previous financial track record in business lenders are increasingly looking at the applicant's personal credit file to help assess a new business loan application", explained Neil Munroe, External Affairs Director, Equifax. "Anyone planning ... See all stories on this topic » | ||
| Flood Loan Center Opening Fox17 A disaster loan center will be opening at the Kent County Sheriff's Department starting Tuesday, June 18th. People affected by the flooding can apply for low-interest disaster loans from the U.S. Small Business Administration to help replace damaged or ... See all stories on this topic » | ||
| Former Bank of America workers allege it lied to home owners Reuters Canada N: Quote) employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their mortgage payments and documents. The bank allegedly used these tactics to shepherd homeowners into ... See all stories on this topic » | ||
| Credit review office calls for higher limit for SME credit appeals Irish Independent "This report clearly shows that the pillar banks are open for business. We now need to see them lending to more challenging but viable entrepreneurial businesses to ensure they can access the credit they require to create sustainable businesses and ... See all stories on this topic » | ||
| CT Small Biz Express coaching clinic June 20 Hartford Business Connecticut entrepreneurs eager to know how to qualify for loans and grants of up to $300,000 from the state's extended small business stimulus program can do so next Thursday at the University of Hartford Entrepreneurial Center. The free forum will be ... See all stories on this topic » | ||
| Jiangsu company aims for US listing ecns China Commercial Credit, a Jiangsu-based lending company that provides loans and guarantees to small businesses and individuals, is gearing up for a US listing. It plans to raise $18 million by offering 2.7 million shares at a price range of $6 to $7 ... See all stories on this topic » |
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| Obtaining loan to buy existing business | SBA.gov Are there SBA loan programs to assist with buying an existing business? How much of a down payment is required? I have a short sale on my credit report that is ... www.sba.gov/...boards/obtaining-loan-buy-existing-business | ||
| Kentucky Small Business Funding - Small Business Loans Kentucky World Business Lenders provides short-term small business loans in the Kentucky private financing industry. We can provide the funding you need with ... https://www.wbl.com/wbl-small-business-loans/kentucky/ | ||
| The Small Business Loan Supply and Demand Debate Continues ... Hulit noted that outstanding small business loans have declined 17 percent since 2008. In total, that means banks have about $123 billion less in small-dollar ... www.colemanreport.com/the-small-business-loan-supply-and-... | ||
| A Guide to Small Business Loans | Beautiful Web Design Small business loans are designed to suit the needs of small businesses. US Small Business Administration is an organization which helps entrepreneurs to. www.beautifulwebdesign.org/small-business-loan.html | ||
| SBA Loans and First Commerce: Helping Small Businesses Grow ... With below-market fixed rates, lower down payments, and longer terms, Small Business Administration (SBA) loans are attractive, attainable, and definitely worth ... business.firstcommercecu.org/.../sba_loans_and_first_commer... |
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