Jul 13, 2013

Google Alert - Business Loans

News39 new results for Business Loans
 
Increase in small business lending as rates expected to rise
CPA Practice Advisor
WASHINGTON -- A recent increase in lending to small businesses for commercial real estate and equipment financing comes amidst increasing interest rates, according to the monthly Small Business Lending Report from the National Association of ...
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Bank Profits Mask Lackluster Business Lending
Wall Street Journal
The first big banks to report second-quarter earnings on Friday sounded cautious notes about the state of commercial lending, even as increasing credit quality drove profits sharply higher for Wells Fargo & Co. and J.P. Morgan Chase & Co. Commercial ...
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Lending Is Up, But Loans Are Skimpier
Wall Street Journal
The total number of small-business loans jumped up 10.4% last year, according to a report released Wednesday by the U.S. Small Business Administration's Office of Advocacy. The agency defines small business loans as bank loans under $1 million.
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Norristown officials tout micro-loans for small businesses
The Times Herald
During a regular monthly meeting, the Montgomery County Planning Commission (MCPC) heard a pitch from Norristown officials on how to attract and retain new small businesses to the area, complete with a relatively new micro-loan program. Specifically ...
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Wells Fargo 2Q profit rises on lower costs, fewer bad loans; interest rates ...
Washington Post
Lower expenses and fewer bad loans helped lift Wells Fargo's second-quarter profit by 20 percent, the company reported Friday. The cost-cutting and improved loan quality helped the nation's biggest U.S. mortgage lender overcome meager revenue growth.
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CashCall Inc. Grows Small Business Loan Product 700 Percent In Year ...
MarketWatch (press release)
ANAHEIM, Jul 12, 2013 (GLOBE NEWSWIRE via COMTEX) -- via PRWEB - CashCall Inc., a premier consumer finance lender, has expanded its small business "Entrepreneur Loan" program to extend to Illinois, Ohio, Virginia, South Carolina and North ...
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New York Pawn Shop to the Stars Loans on Luxury
Newsday
Pawnshop to the Stars, New York Loan Company, Opens Doors in Manhattan Diamond District. New York, NY (PRWEB) July 12, 2013. New York Loan Company, Manhattan's premiere pawn shop opened this month after operating its sister location, Beverly ...
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5 Ways To Manage Your Student Loan Debt And Still Pay Rent
Business Insider
Shayna Moreno, 23, graduated in May, 2012 from a private university in California with $100,000 in loans -- a daunting amount, given that as an entry-level public relations account coordinator, she makes only $32,000 per year. The loans include $20,000 ...
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SBA Economic Injury Disaster Loans Available in Wisconsin Following Secretary ...
Wall Street Journal
ATLANTA, July 12, 2013 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration announced today that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in ...
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Building Business From Within
Wall Street Journal
Having successfully analyzed business plans, financials, and reviewed risk and mitigating factors on new and existing loans, Wilkinson understands how to leverage the strengths of Celtic Bank and provide world-class client service. In his more than 5 ...
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Federal disaster loans available for small businesses affected by drought
Deseret News
Associated Press. Enlarge photo». Summary. Small, nonfarm businesses in eight Utah counties and neighboring counties in Colorado and Wyoming are now eligible to apply for low-interest federal disaster loans from the U.S. Small Business Administration.
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Genesee County offers loan program
Business First of Buffalo
The Genesee County Economic Development Center will issue loans ranging from $25,000 to $100,000 for projects in designated core business district areas around the county. The funds came from proceeds generated through developments in a number of ...
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Bank earnings jump even as interest rates rise
USA TODAY
Wells Fargo CEO John Stumpf said the economy is still slow enough that demand for loans is still growing modestly, but added that recent hiring gains point to improved business confidence that should help later in the year. John Stumpf, chairman and ...
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Forgivable loans help Pelican Brewing expand to Tillamook
OregonLive.com
Pelican_Brewery.JPG The scene in 2007 from Pelican Brewing Co.'s pub and brewery on the coast in Pacific City. The 17-year-old brewery is building a new brewery in downtown Tillamook, thanks partly to forgivable state and city loans.Terry Richard/The ...
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Wells rides high on 'mortgage horse,' but run may end soon
Chicago Tribune
4 U.S. bank by assets, has some 90 businesses, ranging from credit cards to small business loans, that will benefit as the economy improves, the bank's top executives said on Friday. The mortgage operations contributed just 13 percent of the bank's ...
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Growth in loan portfolio fuels Wells Fargo net-income increase
Winston-Salem Journal
"Our results this quarter demonstrate the momentum we have throughout for all of our businesses," Stumpf said. A key factor was a 64-percent reduction in its provision for loan losses to $652 million, compared with a year ago. The provision also was ...
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Warren County group creates loan fund for smaller businesses
Business Record
The group set aside $100,000 for the fund, which will provide gap financing for businesses that want to launch or expand and that receive their principal loans from Warren County lenders, according to a news release. However, loan applications likely ...
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Webster Financial Posts Higher Quarter Profits
Hartford Courant
Webster Financial Corp., the parent of Webster Bank, on Friday reported a nearly 8 percent gain in second-quarter profits, boosted by increased lending to business customers and higher levels of commercial real estate loans. Webster Financial, based in ...
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Senators try again to lower student loan rates - Business, Government Legal ...
State Journal
WASHINGTON (AP) - Senators are back to the starting line in their search for a compromise that would reduce interest rates on student loans after being spooked by the $22 billion price tag that accompanied a potential deal. Lawmakers from both parties ...
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Preparing for Loan Participation Rule: Print Preview
Credit Union Times
"Our C-PaL program has been successful in providing relief to credit unions who are edging closer to their commercial loan caps, and we'll continue to partner with those looking to grow their business lending ," Salmon said. Hard figures were not ...
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JP Morgan profits jump as bad loans recede
The Guardian
JP Morgan Chase reported a 31% rise in quarterly profit on Friday as trading revenue rebounded and the biggest US bank by assets set aside less money to cover bad loans. Net income rose to $6.5bn (£4.3bn) in the three months to the end of June, up from ...
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Radical reform is needed to ensure fair play in payday loans industry
WalesOnline
Some firms appeared to be basing their business around troubled borrowers who are forced to roll loans over, meaning the cost balloons. The borrower is then effectively trapped with their lender and would struggle to switch to someone else. Debt ...
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Lower costs help lift Wells Fargo's 2Q profit
San Jose Mercury News
That's likely to decline to $100 billion or lower in the third quarter, said Chief Financial Officer Tim Sloan. Still, as refinancing activity is waning, the overall improvement in the housing market is lifting business in new mortgage loans, Sloan ...
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Chhattisgarh: Crop loan worth Rs 1300 cr disbursed so far
Business Standard
"This is the second consecutive year when the government is providing crop loan at the rate of 1 per cent of interest per year. This year, the target is to provide Rs 3,000 crore crop loan to the farmer through the Primary Cooperative Societies," the ...
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Business Cash Advance Guru.com Launches New Resources for Small ...
PR Web (press release)
Large banking institutions continue to hold literally billions of dollars of capital in their reserves, which has presented a substantial roadblock to small businesses across the country. For companies which have suffered during the economic downturn ...
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Badal asks Nabard to dole cheaper loans
Business Standard
Punjab Chief Minister Parkash Singh Badal on Friday asked the National Bank for Agriculture and Rural Development (Nabard) to provide finance to the allied farming sector at interest on a par with agriculture. This would be to give impetus to ...
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SBA loans available for Okla. storm damage repairs
KFDA
OKLAHOMA CITY (AP) - The US Small Business Administration says $25 million has been approved for low interest loans to Oklahoma residents and businesses to repair damage from tornadoes and storms that struck the state between May 18 and June 2.
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Green homes to attract lower interest rates on home loans
Business Standard
Buyers of certified green and energy-efficient homes will get home loans at lower interest rates, with a memorandum of understanding for this being signed Friday between the Indian Green Building Council (IGBC) and National Housing Bank (NHB).
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Pawn Shops, Payday Loans Find Place In Zoning Code
Webster Kirkwood Times
Tattoo and body piercing businesses, small loan firms like check cashing and payday loan stores, and pawn shops are among new definitions of conditional uses for property targeted in planned amendments to Webster Groves' zoning code. They're being ...
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Cong govt announces 0% interest on short-term farm loans
Business Standard
The Congress government in Karnataka today announced loans to farmers at zero per cent up to Rs two lakh and enhancement of creamy layer limit of backward classes by Rs one lakh, as it sought to implement key election promises less than two months ...
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China June New Yuan Loans CNY860.5 Billion; Analysts Expected CNY800 ...
NASDAQ
BEIJING--Chinese financial institutions issued 860.5 billion yuan ($140 billion) of new yuan loans in June, up from CNY667.4 billion in May, data from the People's Bank of China showed Friday. This was above economists' expectations, which had forecast ...
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GBTI to provide loans for IT purchases
Stabroek News
Corporate Secretary and Head of Credit at GBTI Shaleeza Shaw told Stabroek Business in a telephone interview on Wednesday that it will be providing loans ranging from $70,000 to $300,000 to facilitate the acquisition of iPads, Notebooks, Smart Phones ...
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Analysis: Banks face profit lull as mortgage boom fizzles
MSN Money
At the same time economic growth has not ramped up enough for the rest of these banks' businesses - such as small business loans and credit cards - to make up for the loss of that income. There may be a lull between the drop-off in mortgage lending and ...
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Watch Out for Unlicensed Payday Loan Outlet in TR
Tumbler Ridge News
This does not mean this was the location Consumer Protection was investigating and the organization explained, "Unfortunately I'm not able to provide the name of where Loan Express Corp. was doing business out of fairness to that third-party, however ...
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Ghana home loans to pioneer mortgage security
GhanaWeb
"Ghana Home Loans shall organise a stakeholders' seminar in Accra later this month to finalise its preparations towards the issuance of the first set of mortgage backed securities, and in attendance shall be representatives from regulatory bodies ...
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Wells Fargo Eyes a Credit Card Push
Wall Street Journal (blog)
Email; Print. By Matthias Rieker. Wells Fargo & Co. has the most retail banking branches in the country, and makes the most mortgages, small business loans, commercial real estate loans, auto loans and, among commercial banks, the most agricultural loans.
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Popolare di Vicenza Sells EUR1 Billion Securitized SME Loans
NASDAQ
By Dow Jones Business News, July 12, 2013, 12:12:00 PM EDT. Vote up. loading. By Giovanni Legorano. MILAN--Unlisted Italian lender Banca Popolare di Vicenza said Friday it had completed the securitization and sale of around 1 billion euros ($1.31 ...
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Quinn: Small business plan creates nearly 2000 jobs
The State Journal-Register
Quinn says the program helps small operations get access to bank loans and lines of credit in order to grow. Since it began the state has committed $45 million in federal money to leverage more than $336 million in private investment. The 131 programs ...
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Nearly $27 mln allocated to Azerbaijani IDPs in preferential loans
AzerNews
Some 188.6 million manats have been allocated this year to finance 2,327 investment projects through the National Fund for Entrepreneurship Support under the Azerbaijani Ministry of Economic Development, the ministry quoted Executive Director of the ...
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Blogs1 new result for Business Loans
 
TISCO Financial Group - The Nation
There is also scope for upside from stronger lending than modeled (which could enhance its 2H13 NIM) and greater fee income growth than assumed (partly from the securities business). We expect the bank holding company to set new ...
NationMultimedia.com - Business

Web5 new results for Business Loans
 
2 firms get small business loans from EDC - NECN.com
PROVIDENCE, R.I. (AP) — The state economic development agency's small business loan fund has approved $400,000 in loans for two Rhode Island firms.
www.necn.com/07/04/13/2-firms-get.../landing.html?&...
County Board Dealing With Business Loans - WTYE FM - WTYE FM
(Robinson, IL) – The Crawford County Board is set to talk about a couple of loans to businesses tonight. The board will take up two loans from the Crawford ...
www.wtyefm.com/county-board-dealing-with-business-loans/
Small businesses get more, but smaller, loans | SmallBiz Vote ...
From the blog SmallBiz Vote: Since the depths of the recession, small business lending conditions have been slowly improving, but the size of the loans is ...
smallbusiness.yahoo.com/.../small-businesses-more-smaller-loa...
Deal emerging on student loans, talks continue | Crain's New York ...
A deal to lower interest rates on student loans took shape Thursday, offering ... stories, including exclusive reports by the staff of Crain's New York Business.
www.crainsnewyork.com/article/20130711/.../130719972
Business Loans & Credit | Syracuse - Liverpool - Camillus - Cicero ...
Working Capital Loans. Provide your business with a source of funds for short- term capital needs. We offer competitive rates, flexible terms, and localized ...
www.solvaybank.com/business/loans-credit


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