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| Student Loans 101: Why Uncle Sam is your banker Philly.com FILE - This file image from the Russian documentary film, "Ten Years of the Space Age," and provided by the Russian news photo agency Novosti shows the launch of Sputnik 1, a Soviet man-made earth satellite. Beach ball-sized Sputnik touched off a space ... See all stories on this topic » | ||
| Compromise would restore lower college loan rates Fresno Bee WASHINGTON — A compromise deal on student loans that could hold down loan rates in the short term was expected to come to a vote next week, well before students returning to campus this fall have to sign their loan agreements. While the deal could ... See all stories on this topic » | ||
| China ends controls on interest rates for bank loans Los Angeles Times The end of controls could allow banks to charge lower rates to more credit-worthy borrowers, lowering costs for healthy businesses and spurring growth. Until now, the lower limit on lending rates was set at 0.7 times the state-set benchmark interest rate. See all stories on this topic » | ||
| Minister for Small Business being pursued for €2.47m loan Irish Independent The bank also claims that, in March 2012, it wrote to the couple under the Code of Conduct for Business Lending asking if they were in financial difficulty and drawing their attention to the information and resources available to them. It also claims ... See all stories on this topic » | ||
| Brisk business reported at outreach center Durham Herald Sun The U.S. Small Business Administration found enough damage to homes and businesses to grant Orange County a federal disaster declaration, making individuals and businesses eligible for low-interest federal loans. Loans of up to $200,000 will be made ... See all stories on this topic » | ||
| Small Business Administration head leaving at end of August; still no ... GlobalPost She has had support from both political parties and from small business advocacy groups for her holistic approach toward helping small business. She has said the government needed to do more than guarantee loans for companies; it also needed to help ... See all stories on this topic » | ||
| Helping out: Government to give loans to new businesses The Express Tribune ISLAMABAD: Finance Minister Mohammad Ishaq Dar said on Friday that a new scheme has been introduced in the 2013-14 budget that provides loans to young people to help start their own businesses. "Under the scheme, loans ranging from Rs100, 000 to ... See all stories on this topic » | ||
| Bad loans down, investment banking up at SunTrust Tampa Bay Business Journal The Atlanta-based banking company reported 2Q 2013 net income available to shareholders of $365 million, up 35 percent from a year ago, the Atlanta Business Chronicle reported. Nonpeforming loans decreased 22 percent during the three months ended ... See all stories on this topic » | ||
| Pacific Continental Bank profits up after merger The Register-Guard For the sixth quarter in a row, the bank's loan volume increased; it recently was recognized by the U.S. Small Business Administration's Portland office as a "lending all-star." The loan growth "reflects the good work of our bankers as well as the ... See all stories on this topic » | ||
| USDA gives development grants to SD electric coops Bradenton Herald PIERRE, S.D. — The U.S. Agriculture Department has awarded grants to three South Dakota electric cooperatives to help support economic development projects. The utility companies will use the money to make loans to local businesses for projects that ... See all stories on this topic » | ||
| China eases bank lending rules in bid to reform financial sector Globe and Mail Until now, Chinese banks were restricted from lending money to businesses at anything less than 70 per cent of the rate desired by the People's Bank of China. As of Saturday, this restriction will be scrapped, making it likely that the banks will lower ... See all stories on this topic » | ||
| HDFC: A creditable performance Hindu Business Line Maintaining its market leadership in the housing finance market, HDFC delivered a growth of 17 per cent in net profit in its core business. This was driven by strong growth in individual loans. The incremental growth in loans during the quarter came ... See all stories on this topic » | ||
| Consumer Loans on the Internet Are on the Rise All Things Digital The same goes for loans to credit-worthy small business owners, who can use the Internet to take out fixed term unsecured loans of $50,000 or higher and pay highly competitive interest rates — again because the new firms that market to and underwrite ... See all stories on this topic » | ||
| China frees bank lending rates on reform agenda Xinhua BEIJING, July 19 (Xinhua) -- China's central bank announced a key move Friday to liberalize bank lending rates, underlining the government's resolve to push market reform to revitalize the slowing economy. The floor limit for lending interest rates ... See all stories on this topic » | ||
| Govt to give loans to youth at 8pc markup The Nation Ishaq Dar said that in the budget 2013-14 a scheme has been introduced which would enable youth to start their own business and loans would be made available to them in a transparent manner through the banking system. Under the scheme loans ranging ... See all stories on this topic » | ||
| News Summary: Deal would restore lower loan rates Fresno Bee RATE CAP: The Senate deal pegs interest rates on new loans to the financial markets, but caps potential increases. The rates for this fall of 3.9 percent for undergraduates, 5.4 percent for graduate students and 6.4 percent for parents may climb as the ... See all stories on this topic » | ||
| Cuccinelli sues Internet payday lender Richmond Times Dispatch But the attorney general's office says that according to the company's terms and conditions, the interest rates on its payday loans ranged anywhere from 438 percent to 1,369 percent annually. The lawsuit seeks to stop Jupiter Funding to comply with ... See all stories on this topic » | ||
| Revenge of the Installment Loan All Things Digital The impact of these online lending sites is already here. Unsecured consumer loans via peer-to-peer lending sites like Lending Club tripled last year to $1 billion, growing much faster than total credit card debt and overall small business lending ... See all stories on this topic » | ||
| Santander eyes move into peer-to-peer lending Financial Times ... a credible alternative to the big banks. The UK arm of the Spanish bank is in discussions with Funding Circle – one of the largest peer-to-peer lenders – to join forces on loans to small and medium-sized businesses, according to people close to the ... See all stories on this topic » | ||
| Valley Business Bank reports higher quarterly income Fresno Business Journal For the six months ending June 30, Valley Business Bank saw net income of $2.4 million, up from $1.8 million in the same period last year. "I am pleased to report that high quality loan growth is reflected in this earnings release. Our continued ... See all stories on this topic » | ||
| Commercial lending fuels growth for Associated Bank BizTimes.com (Milwaukee) The company's average loans of $15.7 billion increased by $280 million, or 2 percent from the first quarter and increased $1.1 billion, or 8 percent, from the year ago quarter. Commercial and business lending average balances increased by $245 million ... See all stories on this topic » | ||
| George Osborne's '£1bn boost' for firms has lent out only £5m The Independent But the meagre distributions under a scheme unveiled some 20 months ago are nevertheless likely to lead to suspicions that the scheme is the latest in a catalogue of Treasury business lending scheme flops. The Bank of England statistics this week ... See all stories on this topic » | ||
| Pawn Shops Provide Solutions for Cash Strapped Small Businesses Midsize Insider Across the country at Los Angeles based Beverly Loan Co., the 75-year-old business remains busy and has also seen an increase in small business customers, says owner Jordan Tabach-Bank. With loan requirements ranging from just a few thousand ... See all stories on this topic » | ||
| Bournemouth plans lending scheme Insider Media Plans have been revealed for a lending scheme in Bournemouth to provide business loans and mortgages. Bournemouth Borough Council's cabinet is to decide on Wednesday (24 July 2013) whether to approve plans to set up a community finance company ... See all stories on this topic » | ||
| Business News: China Liberalizes Bank Lending Rates in Reform Push AllMediaNY China's central bank announced long-awaited interest rate reforms on Friday, scrapping the previous floor on the rates that banks charge clients for loans. The People's Bank of China also said in a statement on its website that it would remove controls ... See all stories on this topic » | ||
| Bankers report shift away from refinancing Birmingham Business Journal "Local community bank contacts had eased up on covenants and guarantees and were willing to take more risks, particularly when a loan fit a category in which they were interested," it said. Also, some businesses were courted with offers to refinance ... See all stories on this topic » | ||
| Hagan Offers Assistance With Disaster Recovery Loans Applications Following ... MENAFN.COM "I encourage any North Carolinians affected by these severe floods to contact my office if they need assistance with the Small Business Administration's disaster recovery loan program," said Hagan. "I have seen the resilience of our state's communities ... See all stories on this topic » | ||
| TMB Bank Plc (TMB) The Nation Provision surges, main business still fine, but loans grow slowly. TMB announced 2Q13 net profit at only B252m, acutely lower than projected, shrinking 86.2% qoq and 74.2% yoy as debt provision expenses surged by. B3.56bn, or 221.2% qoq and 282.5% ... See all stories on this topic » | ||
| Govt to extend loans of up to Rs 2m to youth at 8% mark-up rate Pakistan Daily Times ISLAMABAD: Finance Minister Senator Ishaq Dar said on Friday in the budget 2013-14 a scheme has been introduced which would enable youth to start their own business and loans would be made available to them in a transparent manner through the ... See all stories on this topic » | ||
| China Scraps Controls on Lending Rates NASDAQ That system helped supercharge China's growth by channeling cheap loans to state-owned enterprises and other big businesses while maintaining a wide margin for bank profits. But it also encouraged inefficient allocation of capital, contributing to ... See all stories on this topic » | ||
| Govt to extend loans upto Rs.2.0 million to youth at a mark up cost of 8%:Dar Associated Press of Pakistan ISLAMABAD, Jul 19 (APP): The Finance Minister Senator Mohammad Ishaq Dar said on Friday that in the budget 2013-14 a scheme has been introduced which would enable youth to start their own business and loans would be made available to them in a ... See all stories on this topic » | ||
| Senate cuts short-term deal on student loans San Antonio Business Journal (blog) Senators from both political parties said the new deal will help all students this year - those getting subsidized and those getting unsubsidized Stafford loans. "It would ... Subscribe to the new San Antonio Business Journal Morning Edition at this ... See all stories on this topic » | ||
| Wealth management: cross selling boon Moneycontrol.com In the meantime, banks have been pushing their brokers to sell loans and other bank products to their clients. At BofA's wealth business, loans and leases rose 11 per cent year over year to $111bn. For Morgan Stanley, which is just beginning to build ... See all stories on this topic » | ||
| BoE Report confirms £4.5bn lending drop B&C Distributor Paul Aitken, CEO of borro, said: "Our online personal asset-lending model sees over 60 per cent of business come from SMEs, many of whom tell us they haven't even attempted to access finance through the more traditional means, instead coming straight ... See all stories on this topic » | ||
| Western Alliance income surges Arizona Republic A strong uptick in business with fewer loan losses propelled Western Alliance Bancorporation to record quarterly earnings, with a profit well above what was expected by analysts. The Phoenix-based parent of Alliance Bank of Arizona and banks in ... See all stories on this topic » | ||
| COPT Amends Its $800 Million Line of Credit and Term Loans EON: Enhanced Online News (press release) COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (COPT) (NYSE: OFC), and its operating partnership, Corporate Office Properties, L.P. (COPLP and, together with COPT, the "Company"), announced that, effective July 16, 2013, the ... See all stories on this topic » | ||
| Arbuthnot moves into SME lending Financial Times Arbuthnot plans to break into the small and medium-sized enterprise lending market by targeting cash-hungry businesses. The banking group is set to follow in the footsteps of Close Brothers, which has grown its loanbook throughout the financial crisis. See all stories on this topic » | ||
| China liberalizes bank lending rates in reform push Fox Business BEIJING – China's central bank announced long-awaited interest rate reforms on Friday, removing controls on the rates banks may charge clients for loans, in a step towards more market-driven pricing of credit. The People's Bank of China (PBOC) said in ... See all stories on this topic » | ||
| Business center's 25th anniversary Napa Valley Register In 2012, the business center's measurable economic impact included 115 jobs created and 250 jobs retained. We assisted 23 clients to successfully obtain more than $9,600,000 in business loans and equity. SBDC clients increased their sales by more than ... See all stories on this topic » |
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| Russian Central Bank revives anti-crisis tools — RT Business By RT Big state-owned banks were the main beneficiaries from the refinancing as the majority of loans to strategic enterprises were on their balance sheets, business daily Kommersant reports. Such assistance may be needed again, the newspaper ... News RSS : Today |
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| What's the Right Loan For You? - CDC Small Business Finance CDC Small Business Financing is committed to helping small businesses grow by providing an array of loan programs and services for California, Arizona and ... cdcloans.com/small-business/what's-the-right-loan-for-you/ |
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