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| Abington Emerson Capital Launches Small Business Loan Platform Wall Street Journal Abington Emerson Capital, LLC ("AEC" or the "Company"), has launched a new package of small business lending products to help companies meet short-term liquidity demands. These flexible financing options provide an alternative to traditional bank loans. See all stories on this topic » | ||
| State offering $5 million loans for Sandy-impacted small businesses The Star-Ledger - NJ.com Small businesses and nonprofit companies that sustained damage last year during Hurricane Sandy may be eligible for loans up to $5 million, the state Economic Development Authority announced today. To qualify, the business must have had at least ... See all stories on this topic » | ||
| Loan Practices of China's Banks Raising Concern New York Times (blog) SHANGHAI — Text message solicitations began arriving on the mobile phones of many of China's wealthy last month, promising access to lucrative wealth management products with yields far above the government's benchmark savings rate. See all stories on this topic » | ||
| Arlington Heights considers small-businesses loan program Chicago Tribune Arlington Heights is looking to launch a zero-interest loan program for small office and manufacturing businesses, a program that would use money saved by other manufacturers through a Cook County tax break. Last week, the Arlington Economic Alliance ... See all stories on this topic » | ||
| How small business owners can use SBA lending to grow their business Smart Business Network The Small Business Administration's (SBA) lending program is a major part of U.S. business growth, and these loans can often be substituted for traditional commercial loans with some benefits to the borrower. "With SBA loans, a business owner can ... See all stories on this topic » | ||
| Loan Applications Now Available Sandy-Impacted Businesses Patch.com The Stronger NJ Business Loan Program launched today in an effort to help those impacted by Superstorm Sandy, and a business advisor will be available at a One-Stop Career Center in Monmouth County to provide information. Businesses and non-profit ... See all stories on this topic » | ||
| New Bank chief hit by triple whammy: Sharp fall in business lending, eurozone ... Daily Mail A sharp fall in business lending, huge job losses in the financial sector and record unemployment in the eurozone overshadowed encouraging mortgage and manufacturing figures. The lending drought facing British firms – highlighted by the Daily Mail's ... See all stories on this topic » | ||
| How Much Do Student Loans Really Cost Taxpayers ? Fox Business College students are caught in the middle of bipartisan bickering on Capitol Hill and could be left picking up the tab for lawmakers' inaction. The interest rate on new, federally-subsidized student loans doubled Monday, to 6.8% from 3.4%, after ... See all stories on this topic » | ||
| Italian banks give businesses more time to pay back loans Reuters The pact allows businesses to apply to banks to suspend loan payments and extend repayment plans. ABI said as of May, the 2012 agreement had freed up 4.1 billion euro ($5.33 billion) for investment that companies would otherwise have spent servicing ... See all stories on this topic » | ||
| Alternative financing growth driven by need for loans Globe and Mail Steven Uster didn't set out to start an alternative financing company. When he was looking to buy a business in Canada, the former New York investment banker saw an opportunity to serve small firms having trouble getting loans. Mr. Uster talked to a ... See all stories on this topic » | ||
| Small firms suffer deeper cuts in loans but mortgage market is up The Independent In a setback to hopes of an economic rebalancing for the UK, latest figures from the Bank of England yesterday showed a strong rise in lending to homebuyers in May was offset by continued decline in the amount of credit extended to small businesses. See all stories on this topic » | ||
| Ares Commercial Real Estate Corporation Originates Three Senior Loans ... MarketWatch CHICAGO, Jul 01, 2013 (BUSINESS WIRE) -- Ares Commercial Real Estate Corporation (NYSE:ACRE) announced today that it originated three new loans totaling $100.5 million, including a $45.3 million first mortgage loan collateralized by a multi-family ... See all stories on this topic » | ||
| Newtek Business Services, Inc. Agrees to Service a $56 Million Portfolio of ... Sacramento Bee Barry Sloane, Chairman, President and Chief Executive Officer of Newtek Business Services said, "We are thrilled about the opportunity to work with this major banking presence in New York and New Jersey, and service a high-quality portfolio of loans. See all stories on this topic » | ||
| Payday lending advertising faces ban under hard-hitting new rules The Independent At the summit Ministers also discussed the possibility of curbing rollover loans and introducing time-delays on loans, so that borrowers don't end up choosing a lender on the basis of how quickly it can get at the cash. Consumer Minister Jo Swinson ... See all stories on this topic » | ||
| Loan growth to pick up pace in 2H The Sun Daily PETALING JAYA (July 2, 2013): Loan growth, a key economic health measure, will expand at a quicker pace in the second half of this year as demand for business loans is expected to accelerate on continued momentum of domestic projects, analysts said. See all stories on this topic » | ||
| Zero Interest Loans Available to Sandy-Impacted Businesses, Nonprofits Patch.com The New Jersey Economic Development Authority on Monday announced a zero-interest loan program available to businesses and nonprofit organizations affected by Superstorm Sandy. The interest-free loans will be available to businesses and nonprofits ... See all stories on this topic » | ||
| Student loan rates double without Congress' action - Business, Government ... State Journal WASHINGTON (AP) - College students taking out new loans for the fall term will see interest rates twice what they were in the spring - unless Congress fulfills its pledge to restore lower rates when it returns after the July 4 holiday. Subsidized ... See all stories on this topic » | ||
| SBA's Deadline is July 29 for Physical Damage Disaster Loan Applications in ... Wall Street Journal ATLANTA, July 1, 2013 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration reminds homeowners, renters, businesses and non-profit organizations of the deadline to submit disaster loan applications for damages due to the apartment fires ... See all stories on this topic » | ||
| Firms using asset-based loans get complaints service Telegraph.co.uk In a recent report on SME lending, Russel Griggs, the former head of the CBI small business council, said the "misdemeanours" of some of the industry's lenders may be one of the reasons that the numbers of businesses using this form of finance is ... See all stories on this topic » | ||
| Crowdfunded loans come to Portland kgw.com PORTLAND – A crowdfunded loan program popular in Kenya is coming to cities across America, including Portland. Kiva Zip loans are microfinancing loans that allow people to crowdfund loans directly to small businesses and entrepreneurs. People around ... See all stories on this topic » | ||
| National business briefs for July 2 Richmond Times Dispatch The agreement between Citigroup and Fannie Mae covers claims for breaches of representations and warranties on 3.7 million loans. The deal doesn't release Citigroup's liability for servicing and other ongoing contractual obligations for the loans ... See all stories on this topic » | ||
| Mortgage approvals on the increase shropshirestar.com But loans to non-financial firms fell by £1.3 billion in May, including a £452 million drop in lending to small and medium-sized companies. However, that was an improvement on a £3 billion fall in business lending in April. The home loans figures ... See all stories on this topic » | ||
| Credit blow greets new man Mark Carney as small firms suffer The Independent The Bank's latest figures showed loans and overdrafts to small businesses shrinking by £452 million in May as Carney gets down to work in Threadneedle Street. The latest disappointment means lending to smaller firms — defined by a turnover of less ... See all stories on this topic » | ||
| CEO: Don't blame the bank Fort Wayne Journal Gazette 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 » | ||
| UK mortgage approvals at three-year high BBC News Over the past year, business lending has fallen by 3.6%, in spite of the government's Funding for Lending Scheme (FLS). The scheme was supposed to encourage banks and building societies to make more loans. But since the scheme started in August 2012 ... See all stories on this topic » | ||
| Student Loan Interest Rate Doubles Today Fast Company If nothing is done before the fall, students with new loans will pay an average of $2600 extra over the life of the loan. The rate seems especially onerous at a time when mortgages are hovering around 4.5% and the government's own cost of borrowing is ... See all stories on this topic » | ||
| Foreign lenders take on big four banks for slice of SME market The Australian It is understood a US bank has been scouting the opportunity of entering the business lending market to target small and medium enterprises, in a ploy to tap cheap offshore funding markets pumped with cash by central banks and lend to businesses at a ... See all stories on this topic » | ||
| Michigan is number one in the country for small business loans Michigan Radio Turns out the Small Business Administration's Michigan district backed 1,221 loans to the tune of nearly $344 million in the first eight months of this fiscal year, which puts the SBA's Michigan district office at the top of the heap in terms of 7A ... See all stories on this topic » | ||
| Financial companies log lucrative business in Koramangala Economic Times DHFL does immense business in the fixed deposit (FD), Mutual Fund (MF), loan against security (LAS) and Lease Rental Discounting (LRD), where FD dominates most of the deals closed. Educational loans started last month at the centre are also catching up ... See all stories on this topic » | ||
| Dalex Finance calls for business partnerships GhanaWeb Dalex Finance, the leading non-banking financial institution with staff strength of 400, offers products such as business loans to small and medium enterprises; consumer loans for fixed income earners (including employee payroll loans); vehicle rental ... See all stories on this topic » | ||
| Discos'''' CEOs'''' performance linked to bank loans'''' payment Business Recorder The performance of Chief Executive Officers (CEOs) of Distribution Companies (Discos) has reportedly been linked to paying back bank loans and parked in books of Power Holding Company Limited (PHCL), well informed sources told Business Recorder. See all stories on this topic » | ||
| UK housing market "stepping up a gear" Irish Times While mortgage lending has benefited from the FLS, the BOE report showed continued weakness in credit to businesses. Loans to non-financial businesses fell by £1.3 billion pounds in May. Lending fell 3.6 per cent from a year earlier. Consumer credit ... See all stories on this topic » | ||
| Student Loan Rates Double Today: Here's What You Need to Know Business Insider But if they don't agree on a plan soon, seven million students expected to take out new Stafford loans could be stuck with a much bigger bill when they start paying the money back," reports Claudio Sanchez, who also offers all the details on competing ... See all stories on this topic » | ||
| UK mortgage approvals rise but lending drops to small firms ShareCast UK mortgage approvals rose to their highest since the end of 2009 in May but lending to small businesses fell, Bank of England figures revealed. Loan approvals for house purchase were 58,242 in May – ahead of a consensus forecast of 54,800. The number ... See all stories on this topic » | ||
| NHI Announces $370 Million Unsecured Credit Facilities Including 7-Year Term ... DailyFinance (BUSINESS WIRE)-- National Health Investors, Inc. (NYS: NHI) announced today it has entered into amended $370 million senior unsecured credit facilities that includes a $250 million revolving credit facility and $120 million of 7-year term loans. The ... See all stories on this topic » | ||
| The Note: Congress Leaves Town With Unfinished Business ABC News Before they left for recess, lawmakers in Washington failed to head off an increase in interest rates on certain types of student loans, meaning rates on those loans are going to double today — from 3.4 percent to 6.8 percent. As FUSION'S EMILY DE RUY ... See all stories on this topic » | ||
| Sterling expanding its footprint in California North Bay Business Journal With the $42.9 million acquisition of Commerce National Bank expected by the end of September, Sterling will also add $242.7 million in assets and a business lending-focused operation in Southern California. New offices are also planned in Northern ... See all stories on this topic » |
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| Borrowers Pin Down Loans - money - business | Stuff.co.nz By Richard Meadows Short and sweet fixed-rate mortgages have officially become the favourite loan for New Zealand home owners. Stuff.co.nz - Business | ||
| Student loan rates double without Congress' action | Long Island ... By The Associated Press College students taking out new loans for the fall term will see interest rates twice what they were in the spring — unless Congress fulfills its pledge to restore lower rates when it returns after the July 4 holiday. Subsidized Stafford loans, which account for roughly a quarter of all direct federal borrowing, went from 3.4 percent interest .... Recent topics include: Temporary Solution: An employer's guide to contingent workers; Big Ideas for Small Business: Social media marketing strategies ... Long Island Business News | ||
| Banking: Exchange builds business development team – North Bay ... By Eric Gneckow, Business Journal Staff Reporter The bank also recently added a number of individuals to help develop new business for loans backed by the U.S. Small Business Administration. Rebecca Roberts focuses on those efforts in the Sacramento area, with Bradley Abel in the ... North Bay Business Journal |
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| Radio: A Treasury Report Shows Higher Demand for Small ... Got 60 seconds? Listen to Bloomberg Radio anchor John Tucker's daily report on small business and entrepreneurship. www.businessweek.com/.../radio-a-treasury-report-shows-high... | ||
| Business Equipment Financing - Vehicle Loans | Capital One Bank With Capital One Small Business Equipment and Auto Loans, you'll get financing you need to build and move your small business. www.capitalone.com/small-business.../equipment-vehicle-loan... | ||
| SBA lending surging 38% in 2013 amid growing loan demand ... Businesses in Greater Washington are seeing a surge in Small Business Administration loans. The amount lent to local businesses is up 38 percent so far in ... www.bizjournals.com/.../sba-lending-surging-38-in-2013-ami... | ||
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| NW WA Delegation Urges SBA to Make Loans Available for ... WASHINGTON D.C. – Today, members of the Washington Congressional delegation urged the Small Business Administration (SBA) to approve Washington ... larsen.house.gov/.../nw-wa-delegation-urges-sba-make-loans-a... |
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