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| Business minister chased for €2m loans Herald.ie ... minister chased for €2m loans. Comments. Email; Print; Font Size. John Perry. Tim Healy – 20 July 2013 07:00 AM. THE Government minister with responsibility for small business, John Perry (below), is being pursued by a bank for €2.3m over unpaid loans. See all stories on this topic » | ||
| ICCI hails loans to youth at 8% for own business Pakistan Daily Times ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) has appreciated the statement of Finance Minister Ishaq Dar for providing loans ranging from Rs 100,000 to Rs 200,000 to youth at 8 percent mark up for starting their own business as it will ... See all stories on this topic » | ||
| China's rate reform may serve to shield indebted state firms Business Standard That has produced over-lending by banks to big companies and an explosion of unregulated non-bank lending to small and medium-sized firms. Standard & Poor's estimates China's shadow banking sector grew into a $3.7 trillion business last year. See all stories on this topic » | ||
| Youths to get Rs2m loan to start own business: Dar The News International ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar said on Friday a scheme had been introduced in the budget 2013-14 under which the youth would get loans ranging from Rs100,000 to Rs2 million at 8 percent mark-up to start their own business. See all stories on this topic » | ||
| Loan sharks circle home buyers Stuff.co.nz Controversial plans to put the brakes on mortgage lending threaten to push home buyers into the arms of loan sharks to top up deposits. Experts say it could open up a market for cut-throat finance companies making a killing off desperate home buyers. See all stories on this topic » | ||
| Business Briefs: Sunday Pueblo Chieftain Colorado banks that participate in the federally backed Small Business Lending Fund issued $25.6 million more in loans in January through March than the same period in 2012, according to the U.S. Department of Treasury. Community banks are the major ... See all stories on this topic » | ||
| 'We will continue to grow above industry average' Hindu Business Line Currently, as the underlying sale volumes in the auto segment are weak, lending to this segment has been lower. On the other hand, home loans, business banking and credit cards still continue to grow faster. This may change over the course of the year. See all stories on this topic » | ||
| Business briefs The News-Press Encore Bank was recently approved by the Small Business Administration to become a lender for SBA Express loans, as part of the government guaranteed 7(a) loan programs offered to small businesses. As an SBA Express approved lender, the bank can ... See all stories on this topic » | ||
| We have to take short-term pain for long-term gain: Sanjiv Bajaj Business Standard We have three businesses—life and general insurance and finance, of which the life business has slowed. There other two have done well. Bajaj Finance has a diversified book with consumer, small & medium enterprises (SME) and commercial loans. See all stories on this topic » | ||
| Floor on lending rates axed by PBOC China Daily China scrapped the lower limit on bank lending rates on Friday, in a major step toward liberalizing interest rates. The move is also aimed at cutting financing costs for businesses amid a deepening slowdown in the world's second-largest economy. It ... See all stories on this topic » | ||
| Restaurants begin to see bank interest in loans for new eateries Crain's Cleveland Business He then connected through a mutual friend with a loan officer at Chase Bank in Canton, which agreed to finance 61% of the project with a five-year Small Business Administration loan. Mr. Deagan and three business partners covered the rest of the ... See all stories on this topic » | ||
| Bank of Ireland says it gets more than 1000 new loan applications every week thejournal.ie A recent ESRI economic analysis found that one in nine Irish SMEs didn't bother applying for a loan partly because they thought they would be rejected. The ESRI said it was concerned that businesses are not applying for loans because of a belief that ... See all stories on this topic » | ||
| J&K SFC Back In Business With Positive Net Worth After A Decade Kashmir Life Jammu and Kashmir State Financial Corporation (J&KSFC) corporation is back in business with a positive net worth, having cleared the debts, and taken up again its assigned role of lending to MSME and allied sectors of the State so as to revive its ... See all stories on this topic » | ||
| Business Bytes 0721/13 Leader-Telegram ATLANTA - The U.S. Small Business Administration announced that federal economic injury disaster loans are available as a result of excessive rain and snow and multiple periods of thawing and refreezing resulting in winterkill between Jan. 1 and May 21. See all stories on this topic » | ||
| Govt may end KiwiSaver home deposits Stuff.co.nz "It'll not just be first home buyers, but it might be small businesses that are trying to access additional capital. High LVR loans will reduce from around about 60 per cent, so what you'll see is quite a reduction in the demand by restriction for ... See all stories on this topic » | ||
| Fault improper loans for economy The Gazette: Eastern Iowa Breaking News and Headlines Regarding Mark Weisbrot's July 14 guest column, "Unfettering business will keep us in recession": The effect is correct, but the genesis of the crisis was omitted. History is easy to ignore. There is much blame to share in our financial crisis, but the ... See all stories on this topic » | ||
| From tin shed to corporate chic, Viplab chisels an SME Moneycontrol.com It is easier to get a home loan than a business loan!" Only The Tough Survive. But tough times have made the Rohtagi brothers only tougher and Saurabh remarks, "We aim to cross a turnover of Rs1 crore by next year and register our company as a private ... See all stories on this topic » | ||
| HDFC profit up, but below estimates Livemint "But that is to be expected in this business environment. Real estate being a risky sector, lending by HDFC to this sector is likely to be slow versus the less risky individual loans," he said, adding that such loans have fallen to 32% of the total ... See all stories on this topic » | ||
| CLAUDIA VIEK: Crucial first step in access-to-capital process overlooked Your Houston News A recent survey commissioned by the American Sustainable Business Council and the Main Street Alliance asked owners of smaller companies, those with two to 99 employees, if access to sufficient loans and credit at reasonable rates was a problem. Almost ... See all stories on this topic » | ||
| BANKING: Banks making home loans, but hoping for higher employment nwitimes.com Horizon Bank executive David Rose said mortgage lending was was a bright spot for the banking sector, since the housing market has been heating up. Interests rates have been rising, but are still at historic lows and have not risen enough to affect the ... See all stories on this topic » | ||
| Employees, banks allege fraud in collapse of Schmidt Builders' Supply Topeka Capital Journal The lumber and building supply company closed July 19, 2011, and a week later Kaw Valley Bank seized its assets to help cover outstanding loans. As of mid-July 2013, multiple civil suits and a criminal case related to the business's demise are still ... See all stories on this topic » | ||
| Dealing with a debt collector? Tips for borrowers Ct Post By ALEX VEIGA, AP Business Writer. Updated 5:12 pm, Friday, July 19, 2013 ... Debt collection can be an unpleasant business, but it's a big one. The industry generates $12.2 billion in revenue for the roughly 4,500 firms chasing down borrowers who owe ... See all stories on this topic » | ||
| Detroit Businesses See Opportunity In Bankruptcy WYPR But businesses closer to home have been bullish on Detroit. Several companies, including the online mortgage juggernaut Quicken Loans, have relocated from suburban Detroit to the city center. And the greater downtown area is flourishing, says Brian ... See all stories on this topic » | ||
| Five ways mortgage market is becoming more flexible Denver Post The easy credit that crashed the housing market led to lending standards so strict that Federal Reserve Board Chairman Ben Bernanke blamed them for hurting the recovery. In recent months, however, lenders have relaxed their grip somewhat as the market ... See all stories on this topic » | ||
| Letter: A Recipe for Personal Crisis Valley News Staff Writer Warren Johnston's article describes a new business that will make 10-month loans from $500 to $30,000 with "no credit checks." Johnston writes that "the loans are secured by "free and clear titles on vehicles," and that annual interest ... See all stories on this topic » | ||
| Rochester Hills OKs tax incentives for energy improvements Oakland Press The tax program gives business owners the opportunity to secure low-interest, long-term loans to finance energy improvements or renewable energy systems. Bloomfield Hills-based Levin Energy Partners will facilitate the program, dubbed Lean and Green ... See all stories on this topic » | ||
| Bits of Business | Shaner Corp. raises profile Centre Daily Times The Shaner Hotel Group created Shaner Hospitality Finance LLC — a group that will provide equity and/or debt for a wide range of hotel financing needs including funding, refinancing, loans and acquisitions. Lance Shaner, chairman and CEO of SHG, said ... See all stories on this topic » | ||
| Head of Iran World Trade Center: Government discredited Iran by not paying ... Trend.az The World Bank said it was placing Iran's loans in non-performing status, as it must do when a country has not made any payments for more than half a year. Iran owed the bank $697 million on June 30, of which $79 ... "The designation from the World ... See all stories on this topic » | ||
| China ends controls on bank lending rates to spur growth The Japan Times BEIJING – China said Friday it is ending controls on bank lending rates in a move toward creating a market-oriented financial system to support economic growth. Reform advocates see an overhaul of China's interest rate policy as one of the most ... See all stories on this topic » | ||
| Rosenthal: Detroit sounds warning for Chicago Chicago Tribune "By any kind of functional accounting of the last 10 years or more, it's been apparent the city is bankrupt," said Matthew Cullen, a former GM executive who helps manage investments and businesses for Quicken Loans founder and Chairman Dan Gilbert. See all stories on this topic » | ||
| Dealing with a debt collector? Know your rights Boston Globe The industry generates $12.2 billion in revenue for the roughly 4,500 firms chasing down borrowers who owe money on credit cards, auto loans, and other accounts, according to figures from the Consumer Financial Protection Bureau. Laws on the books and ... See all stories on this topic » | ||
| College debt has a ripple effect Barre Montpelier Times Argus And money is usually pretty serious business. Soon many Americans will ... Again, it appears a deal has been reached that would make it possible for undergrads to borrow at 3.85 percent, grad students at 5.4 percent and parents to get a loan at 6.4 ... See all stories on this topic » | ||
| Big US banks may face speed bumps Business Times (subscription) Jamie Dimon, chief executive of JPMorgan Chase, said that loan growth remains "soft", citing the "cautious stance" by consumers and businesses. JPMorgan posted a 31 per cent increase in profits to US$6.5 billion compared with the year-ago period, a ... See all stories on this topic » | ||
| Moran's Memo: Three Years Later, Community Banks Bear Burden of Dodd-Frank hays Post While investment banks engage in a wide range of business activities, Main Street banks focus on the traditional banking model and personal relationships with customers; they accept deposits and reinvest them back into the community in the form of loans. See all stories on this topic » | ||
| Virginia enables shameful practice The Virginian-Pilot For years, predatory lenders have poured money into the campaign accounts of many of the commonwealth's more influential lawmakers, ensuring that conditions remain favorable for a business that imposes unconscionable, triple-digit interest rates to ... See all stories on this topic » | ||
| Names & News in Business Mason City Globe Gazette Dillavou has been with First Security since 2007 working as a loan administrative specialist in Nora Springs. Primarily, she works with consumer loans and provides support to ag/commercial lenders. Prior to Iowa School of Banking, she also had ... See all stories on this topic » | ||
| President: Bank is poised for future The Tribune-Democrat But full recovery will not happen if the only businesses getting loans are the ones that don't really need money, she continued. "We need to take some bets on our clients," Grebenc said. "We want western Pennsylvania to grow. "We are making bets and we ... See all stories on this topic » | ||
| Some rise in NPAs not unrealistic in bad times: HDFC Bank Business Standard Country's second largest private sector lender HDFC Bank has played down fears of rising bad loans, saying that it is not "unrealistic" for some uptick in non-performing assets given the economic gloom. "To some extent, some increase in non-performing ... See all stories on this topic » | ||
| Why Fiber? A review of UTOPIA Daily Herald That loss of funding and other bad business practices threw UTOPIA into a tailspin. UTOPIA sat nearly dormant for two years, leadership changed, and it struggled to refinance loans and get money to continue. By then, UTOPIA cities were financially ... See all stories on this topic » | ||
| Criticism of loan firm's Blackburn marketing campaign This Is Lancashire SENIOR church and political figures have criticised Blackburn's 'Cash Store' for giving out 20 pence pieces with a flyer advertising quick high-interest loans as a 'marketing ploy'. MPs Jack Straw and Graham Jones, borough council leader Kate Hollern ... See all stories on this topic » | ||
| No signs Washington to come to Detroit's rescue Businessweek WASHINGTON (AP) — During the bleakest days of the Great Recession, Congress agreed in bipartisan votes to bail out two of Detroit's biggest businesses, General Motors and Chrysler. Today, however, there seems little appetite from either Democrats or ... See all stories on this topic » |
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