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| Bank boost for business lending Kent Online A leading bank has pushed up lending to small and medium sized firms by 4.9% across Kent and East Sussex, according to its regional boss. Phil Beales, regional director for Lloyds TSB Commercial Banking in Kent and East Sussex, said the bank was ... See all stories on this topic » | ||
| Need a business loan? Be prepared Jackson Clarion Ledger That advice comes from Jeff Stibel, CEO of Dun & Bradstreet Credibility Corp., one of the companies that track small business credit. Whether you're hoping to get a loan, have been turned down for one or are just running your business, you need to stay ... See all stories on this topic » | ||
| How small businesses can avoid loan rejection CBS News NEW YORK Thousands of stunned small business owners call Dun & Bradstreet Credibility Corp. each week after they're turned down for a loan. Jeff Stibel, CEO of the business credit reporting company, has a message for them: Don't blame the bank. See all stories on this topic » | ||
| Former Consumer Bureau Official to Launch Lending Business Wall Street Journal (blog) One of the former leaders of a new federal consumer bureau is making a contrarian bet on the mortgage-lending market. Mortgage industry executives have argued strenuously that lenders won't make loans outside a set of parameters defined earlier this ... See all stories on this topic » | ||
| Fiat and Chrysler to refinance loans before deal Reuters Canada MI: Quote) has launched the first part of a three-stage multibillion-euro financing package, seeking to refinance loans taken out by Fiat and Chrysler before the Italian group's looming purchase of the rest of the U.S. carmaker, bankers said. Fiat and ... See all stories on this topic » | ||
| New yuan loans continue to drop in May: Report ecns New yuan loans extended by Chinese lenders last month may have continued to drop from the previous month as economic activity falters and credit demand remains weak. The four biggest State-owned banks extended 208 billion yuan ($33.6 million) in ... See all stories on this topic » | ||
| Citic Telecom reduces loan for CTM takeover Macau Business Daily The loan facility is much smaller than the original amount of US$1.16 billion thanks to a bond issue launched in March, a company spokesperson told Business Daily. Citic Telecom issued US$450 million of senior 12-year bonds on March 5. The company will ... See all stories on this topic » | ||
| Bad loans drop to five-year low Macau Business Daily The banks pay lower interest rates on deposits – the six-month benchmark rate was below 0.54 percent at the end of February – and loan the money overseas at much higher rates, particularly to gaming-related businesses. In year-on-year terms, April's ... See all stories on this topic » | ||
| Net lending shrinks further despite Funding for Lending Real Business TUC general secretary Frances O'Grady said that "the Funding for Lending scheme is not providing the support small businesses need in these tough economic times. This is why we need a properly resourced state investment bank that can provide the ... See all stories on this topic » | ||
| Debt vs. Equity: What Small Business Owners Need to Know Resource Nation (blog) Debt financing is exactly what it sounds like: business owners take on debt to finance their companies by taking out loans from friends, family, banks, or other lending agencies. Whether they're short-term or long-term, nearly all loans require the ... See all stories on this topic » | ||
| Just €5 million provided to small firms through Government loan schemes Irish Times Mark Fielding: ISME chief executive said he was disappointed with the low approvals under the micro-enterprise fund and said it was a shame the department was not keeping track of applications under the credit guarantee scheme. Photograph: Frank Miller ... See all stories on this topic » | ||
| Margin cap on MFI loans worries PE players Business Standard In August 2012, the Reserve Bank of India (RBI) had imposed a margin cap of 12 per cent for smaller micro finance institutions (MFIs) and 10 per cent for MFIs with over Rs 100-crore business. This came as a modification to the earlier cap for rate of ... See all stories on this topic » | ||
| HELB undergoing massive changes – chief Capital FM Kenya NAIROBI, Kenya, Jun 5 – With over 20 years experience in the banking sector, the new Higher Education Loans Board Chief Executive Officer says he is ready to take the university students' loans scheme to the next level. Speaking to Capital FM Business ... See all stories on this topic » | ||
| How to Get an Unsecured Business Loan: More Information on This Product Will ... MarketWatch (press release) An unsecured business loan is a loan that might be offered by a bank, another traditional lending institution, by a private or an institutional investor. These loans do not require personal or business assets pledged as a collateral. But the minimum ... See all stories on this topic » | ||
| India approves USD 160 m for power projects in Nepal Business Standard Handing over an approval letter to the Finance Ministry yesterday, the Exim bank of India informed about sanctioning of the loan for a 220-KVA Koshi corridor transmission line, 132-KVA Solu corridor transmission line and 32-MW Rahughat hydropower ... See all stories on this topic » | ||
| Bank of America Technology Executive Leaves to Join Stearns Lending Fort Mills Times SANTA ANA, Calif. --. Stearns Lending, Inc., a leading national mortgage lender with Retail, Wholesale and Correspondent business channels, announced today the appointment of Vishnu Karra as Senior Vice President – Production Applications. See all stories on this topic » | ||
| NC House tentatively approves loan rate increases Businessweek RALEIGH, N.C. (AP) — The North Carolina House tentatively passed a bill Tuesday raising borrowing limits and interest rates on installment loans. The bill, which already passed the Senate, increases the maximum loan amount to $15,000 from $10,000, ... See all stories on this topic » | ||
| Tina Dettman-Bielefeldt column: New microloan helps local businesses Green Bay Press Gazette "This program allows us to target loans or applicants who might have otherwise been missed by traditional loans to smaller businesses who don't typically think of Farm Services as a lender," explained Daniel Schott, farm loan manager out of the Oconto ... See all stories on this topic » | ||
| Business News Personal loan festival offer Gulf Daily News MANAMA: Standard Chartered Bank is launching its three-day time-limited personal loan festival starting today at its main branch in Manama. All customers applying for a personal loan during this period will receive special interest rates and will have ... See all stories on this topic » | ||
| 'Dragons' breathe life into tech start-ups Financial News Investment from dragons – or business angels – and private equity firms, as opposed to traditional lending from banks, is behind the majority of successful technology, media and telecommunications start-ups, according to a new report by accountancy ... See all stories on this topic » | ||
| Young entrepreneurs lobby Canberra for seed funding for job creators StartupSmart The scheme is modelled on a successful Canadian program ran by the Canadian Youth Business Foundation. According to Liddle, the model has a relatively low drop-out rate (6.2%) and most loans are repaid, so the fund would be self-sustaining. See all stories on this topic » | ||
| British Business Needs Rescuing, and the Government Isn't Up to the Challenge Huffington Post UK While the FLS got the banks to offer more mortgages, Britain's businesses have been sorely let down. Month after month Bank of England data shows lending to business plummeting further and further. Conventional banks are simply not lending to ... See all stories on this topic » | ||
| Unlicensed payday lenders using religious organisations to tout for business Money Marketing The firm has posted adverts on various webs, offering payday and personal loans under the name SPCF and posted by a Rev James Benjamin, who claims the firm is a Christian organisation set up to help people financially. On various websites it has posted ... See all stories on this topic » | ||
| SoFi raises $41 million for student loans San Francisco Business Times The San Francisco startup SoFi has raised $41 million in funding from Bancorp Inc. for its student-lending program. The new funding ... The company so far has funded more than $100 million in new and refinanced loans to students and alumni of 82 schools. See all stories on this topic » | ||
| Nationstar Mortgage could hire as many as 1200 in Chandler Phoenix Business Journal He said the new Chandler center has just opened and the mortgage company is hiring for a variety of positions including loan counselors, service representatives, trainers, foreclosure prevention specialists and management positions. Hoffman said ... See all stories on this topic » | ||
| Apollo Said to Be Near Deal to Acquire MidCap for $500 Million San Francisco Chronicle June 5 (Bloomberg) Apollo Investment Corp., a New York- based provider of business loans, is nearing an agreement to buy health-care lender MidCap Financial LLC for about $500 million, said people familiar with the matter. A deal for Bethesda, ... See all stories on this topic » | ||
| Negative rates, help for small businesses on the table as eurozone struggles ... The Republic Banks can bundle their small business loans into bonds just like they do with mortgages. These bonds are sold to investors, who collect the interest payments and take on the risk of defaults. Banks can use the proceeds from these sales to lend more to ... See all stories on this topic » | ||
| Landbank approves P500M worth of loans to 709 OFWs GMA News The Land Bank of the Philippines (Landbank), as part of its P1 billion credit facility for overseas Filipino workers (OFWs), has approved P508.8 million in loans to OFWs who plan on setting up businesses. In a news release, Landbank president and chief ... See all stories on this topic » | ||
| Members Choice CU Takes No. 9 Spot in Houston SBA Market Credit Union Times Members Choice's business lending group consists of Bruce Hurta, business lending manager; Pat Harris, business lending administrator; Regina Jenkins, business services officer, and Charmian Rosales, business services officer. Hurta also serves as the ... See all stories on this topic » | ||
| First Capital CEO speaks on good business practice spyghana.com Mr. John Kofi Mensah, the Chief Executive Officer of First Capital Plus, a savings and loans company, has urged corporate entities to adopt a 'God-centred' approach in their business model. "The most important value and foundation of our institution is ... See all stories on this topic » | ||
| Best Cities for Anybody Seeking Job in Small Business ABC News It's true, too, of fifth-ranked San Francisco, which woos small business with an Emerging Business Loan fund that makes loans of $50,000 to $1 million to qualified borrowers to cover operational, staffing and other costs. Denver has so many small ... See all stories on this topic » | ||
| SBA's Karen Mills Is No Friend to Small Business American Banker (subscription) The result: The number of loans under $250,000 fell steadily during her four years, and in the last year the SBA made the fewest loans for $100,000 or less in its history. Under Mills' direction, the SBA left behind the 28 million businesses with 20 or ... See all stories on this topic » | ||
| Radar on outstanding real estate loans The Star This will be despite expected growth in demand for loans going forward after peaceful elections restored business confidence, the Central Bank's credit officer survey report for the quarter ended March says. Most lenders expect non-performing loans to ... See all stories on this topic » | ||
| HSBC to be sued by New York state over home loans domain-B The request would supposedly lead to a so-called settlement conference within 60 days, giving the homeowner a final chance to renegotiate their loan payments before they lost their homes. "(HSBC's) business practices not only violate the law, but they ... See all stories on this topic » | ||
| Prudential Mortgage Capital provides $73 million in financing for Hines ... Business Wire (press release) David Gingell, who focuses on European debt originations for Prudential Mortgage Capital Company, said, "This loan allowed us to demonstrate how efficient Prudential's process can be, progressing from term sheet to funding in only 12 business days. See all stories on this topic » | ||
| Inside China's Economy: Bank Lending Expected to Rebound Modestly in May The China Perspective Renminbi-denominated lending at China's top four state-owned banks totaled just ¥208 billion ($33.95 billion, $1 = ¥6.12) in May, and lending at all banks is estimated to be ¥800 billion in the month, the 21st Century Business Herald reported, citing a ... See all stories on this topic » | ||
| Bad Credit Unsecured Personal Loans Now Available Nationwide, Loans.net ... SYS-CON Media (press release) Is Your Business 100% Ready for the New Era of Cloud Computing and Big Data? The Only Enterprise IT Event in 2013 Covering the Entire Scope of both Cloud & Big Data Come to New York and get yourself up to date with the Big Data revolution! See all stories on this topic » | ||
| S.D.'S SMALL BUSINESS EMPLOYEE RANKING LOW U-T San Diego 5 in the survey, in large part because of the high number of small businesses per capita, the vitality of those businesses and its wages for new hires, which ranked second-highest. The city also recently established an Emerging Business Loan Fund to ... See all stories on this topic » | ||
| UCEDC Presents Low Interest Storm Sandy Recovery Loan Program TheAlternativePress.com (press release) (blog) The main topic of discussion was the UCEDC's newly launched Storm Sandy Recovery Loan Program, a low-interest, fast turnaround, working capital loan program. In this program, small business owners can borrow up to $25,000 at 2 percent for five years ... See all stories on this topic » | ||
| Firms expected to stall on fund raising The Nation The corporate business division in the first quarter saw loan growth of only 2 per cent, resulting in outstanding lending of Bt426 billion. The division now expects lending to grow by just 4-6 per cent over the full year. Vasin said KBank would not ... See all stories on this topic » |
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| Goldman Said to Pledge $500 Million to Alibaba Loan as IPO Looms ... By Bloomberg NEW YORK, United States — Goldman Sachs Group Inc. will lend $500 million to Alibaba Group Holding Ltd. as the company seeks to arrange $8 billion of loans, two people familiar with the matter said. The New York-based investment bank ... BoF - The Business of Fashion | ||
| Federal Reserve Beige Book June - Business Insider By Matthew Boesler The Cleveland District noted that consumer demand for auto loans increased and that demand for residential loans shifted from refinancing to new purchases. The Chicago District indicated modest growth in business loan demand. The Dallas ... Business Insider | ||
| Dean Baker: Student Loans on the Cheap - Huffington Post By Dean Baker Certainly not. But given the way Washington works, you take what you get, which means Senator Warren's plan deserves support. Follow Dean Baker on Twitter: www.twitter.com/DeanBaker13. FOLLOW BUSINESS. Like. 54k. Get Alerts ... The Full Feed from HuffingtonPost.com |
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| How to Get an Unsecured Business Loan: More Information on This ... 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/.../how-to-get-an-unsecured-business-loan-mo... | ||
| Ex-Im Loan Supports Georgia Small Business' Expansion Efforts Ex-Im Loan Supports Georgia Small Business' Expansion Efforts. www.exim.gov/.../ExIm-Loan-Supports-Georgia-Small-Busine... |
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