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| Decline in small business lending has bottomed out, says SBA report — Now ... The Star-Ledger - NJ.com American banks reported $587.8 billion in outstanding business loans of $1 million or less in June 2012, showing a $19 billion drop since the previous year, according to the new SBA report. Lending in 2012 fell short of pre-recessions levels by $124 ... See all stories on this topic » | ||
| China's rate reform adds to concerns for bank investors Fox Business SHANGHAI – Beijing's move to scrap the floor on lending rates is not yet a game-changer for Chinese banks, but it may have just started the countdown to an eventual industry overhaul which will deprive the banks of virtually risk-free profits. China ... See all stories on this topic » | ||
| Staten Island's Grimm to ask Small Business Administration to forgive Sandy ... SILive.com In a letter set to go out Monday to SBA chief Karen Mills, Grimm asks for "debt forgiveness for victims of Superstorm Sandy who accepted SBA disaster loans, but would have otherwise been eligible for Community Development Block Grant recovery grant ... See all stories on this topic » | ||
| Banks' SME lending hikes in H1 Yonhap News SEOUL, July 22 (Yonhap) -- South Korean banks' lending to smaller companies increased sharply in the first half, as lenders took steps in line with the government policy to shore up minor firms amid a slowing economy, the financial regulator said Monday. See all stories on this topic » | ||
| RBS sets sights on UK mortgage market The Guardian The government-backed lender has already doubled its share of new business since the onset of the credit crisis, and is now granting more than one in 10 new loans. Its head of mortgages, Moray McDonald, said the plan was to increase that further. "With ... See all stories on this topic » | ||
| Gippsland mortgage fund frozen Business Spectator Gippsland mortgage fund frozen. 26 min ago. Industries · Financial Services. About $150m of savings are at risk after fund hits strife on material increase on impairments of loans. You must be logged in to read this article. Not a member yet? Register ... See all stories on this topic » | ||
| Small banks eye mid-sized corporates The Nation "Mid-sized corporations and large SMEs in the food, hotel, tourism and service sectors are seeking business opportunities in Asean. Cross-border loans from those companies comprise 10 per cent of the [bank's] outstanding loans of Bt40 billion," he said. See all stories on this topic » | ||
| Loan scheme for first-time young entrepreneurs opens next month Macau Daily Times The Young Entrepreneurs Aid Scheme will take effect on August 1; by then, permanent residents between the ages of 21 and 44 can begin applying for an interest-free loan of up to MOP 300,000 to establish their own business. "The Scheme aims to aid those ... See all stories on this topic » | ||
| Higher loan costs could change recovery Yahoo!7 News Although the average rate has moderated to 4.29 per, the upward shift is prompting concern that other rates - like those for car loans and business expansion - might also turn up. Atlanta real estate agent Mark Takacs said some home shoppers "are ... See all stories on this topic » | ||
| NRB unveils 'flexible' monetary policy E Kantipur BFIs cannot charge more than 9 percent on such loans, according to the policy. The interest rate of refinancing that goes to sick industries, cottage and small industries, export business, businesses operated by women and people certain communities who ... See all stories on this topic » | ||
| Student Loans 101: Why Uncle Sam is your banker Las Vegas Sun As Congress scrambles to pull back a messy student loan increase, it raises the question: Why did Uncle Sam get into the college loan business, anyway? The short answer: Because the Russians launched Sputnik. A look at the 55-year history of federal ... See all stories on this topic » | ||
| La Crosse County to be part of regional loan fund La Crosse Tribune La Crosse will join eight other western Wisconsin counties to form a revolving loan fund for fostering business and economic development in the region. The Western Wisconsin Economic Development Fund aims to combine existing revolving loan resources ... See all stories on this topic » | ||
| Will Jumbo Loan Rates Remain Stable? Fox Business That's why you're seeing he's very competitive rates relative to government backed loans even without a viable secondary market for those Jumbo securities -- Seems like some -- Wall Street firm could actually create a nice new business and making a ... See all stories on this topic » | ||
| Recovery hopes for bank's $8b British property assets Brisbane Times After British banks Lloyds and RBS recently revealed declines in their bad commercial property loans, some analysts are eyeing a recovery in NAB's $8.31 billion portfolio of British assets. Photo: Chris Ratcliffe. Signs of life in the ailing British ... See all stories on this topic » | ||
| New Help Article on Dealing with Bankruptcy from Valley Auto Loans PR Web (press release) Valley Auto Loans is an auto loan business that has proven itself as a business that cares on several occasions. They recently added a new article to their advice column at http://valleyautoloan.com/blog/ advising all readers on how to navigate the ... See all stories on this topic » | ||
| David Ignatius: Egyptian small-business fund falls victim to Washington inertia Press Herald After the Egyptian revolution in February 2011, the U.S. had a good idea: Why not create an "enterprise fund" to make loans to small and medium-sized Egyptian businesses? President Obama announced the plan "to build networks of entrepreneurs" in Egypt ... See all stories on this topic » | ||
| Financial assistance available for Orange Co. storm victims WNCN Wednesday, he proclaimed a state disaster declaration enabling those who do not qualify for SBA loans to seek state funds to help them to recover. While Orange is the only county that meets the threshold for SBA assistance, residents and business ... See all stories on this topic » | ||
| Fast Auto Loans Opens On S. Beeline Payson Roundup On July 8, Fast Auto Loans celebrated its grand opening at 816 S. Beeline, in the Sawmill Crossing Shopping Center, with a ribbon cutting. Fast Auto Loans, which offers short-term car title loans, has been in business since 1994 and has offices around ... See all stories on this topic » | ||
| BMO extends $1B more credit to Alberta businesses affected by the floods Calgary Herald The financial institution announced Sunday it would make up to $1 billion in additional funds available to Alberta businesses. This is on top of the $4 billion in loans that BMO currently has authorized to small and medium-sized businesses in Alberta. See all stories on this topic » | ||
| Founder saves Optical Express from collapse Scotsman Reports said that last week the company, which has 93 stores and 54 consultation centres, as well as operations in the US and mainland Europe, asked for a multi-million pound loan to pay staff. However, the business owed RBS more than £30 million, and ... See all stories on this topic » | ||
| BMO names new Minnesota president Minneapolis Star Tribune The bank's core business in the Twin Cities remains commercial lending, focusing on companies with annual sales of $20 million and more. Senger said the bank has particular strengths in food and consumer companies, auto dealers, agribusiness and ... See all stories on this topic » | ||
| 'Banks' exposure to conglomerates normal' Philippine Star MANILA, Philippines - Loan exposure of big banks to the country's conglomerates is very well managed and should not be a cause for concern, according to top bank officials. "Everything is ... These are very diversified businesses," he said. He also ... See all stories on this topic » | ||
| Old Town Cape receives nominations in state competition Southeast Missourian The nominations include the following: Broadway Prescription for Business Excellence; Broadway Corridor for Streetscape and Public Space Improvements; Bill Dunn for Volunteer of the Year; Cape Riverfront Market for Top Special Event; Julius Vasterling ... See all stories on this topic » | ||
| Bankers: Home loans harder to get after Dodd-Frank law Tulsa World "Although the intentions of this onerous bill might have been good, it has reduced access to loans for many consumers and increased the cost of doing business for most Oklahoma banks," Walker said. "It is sad to say, but the consumer will ultimately ... See all stories on this topic » | ||
| Biz Bits: Event could help veterans think outside the box Enterprise-Record What I found interesting is that Konuwa said she's starting to see loans under $50,000 for start-up businesses. Those just haven't been available. If you're interested in the program or just want to find out more, the Small Business Development Center ... See all stories on this topic » | ||
| Committed to the Community: Peoples Bank provides guidance and assistance ... nwitimes.com At some point, most entrepreneurs will need to acquire a loan in order to get their business off the ground and keep it going strong. That's why it's so important to develop a long-term relationship with your bank, carefully considering what you need ... See all stories on this topic » | ||
| RTA funds tied up in transit bill Capecodonline For years, the loans have been business-as-usual for authorities like those of Cape Cod, Martha's Vineyard and Nantucket because — unlike other state agencies — the authorities receive state funding as a reimbursement at the end of the year. But ... See all stories on this topic » | ||
| Norwalk's Akademos will expand, create jobs Norwalk Plus Magazine Governor Dannel P. Malloy recently announced $400,000 in grants and loans to Norwalk-based Akademos, Inc. The funding, through the Department of Economic and Community Development (DECD), will help the online book seller expand its operations and hire ... See all stories on this topic » | ||
| Woman indicted for $1.7 million scam on Coweta bank The Citizen.com ... said the July 18 indictment and other information presented in court revealed that Amy B. Williams, 48, was the sole owner of United International Mortgage (UIM) Corp. in Buford and was in the business of arranging construction loans for ... See all stories on this topic » | ||
| Renewable energy complaint tests utilities' pull Seattle Post Intelligencer Dan Forestal, D-Indianapolis, is building momentum to bring a program to Indiana currently offered in nearly 30 other states to offer government-backed loans to businesses that want to become more energy efficient. The loans would be paid back with ... See all stories on this topic » | ||
| Middle class still left behind in US economic recovery, data show STLtoday.com Cameron Findlay, the chief economist for mortgage lender Discover Home Loans, says that lending is "on fire" in the so-called jumbo-loan section of the market, which finances more expensive homes, and that "below that range, you're definitely going to ... See all stories on this topic » |
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| Business Loans - Franklin Bank & Trust Company Business Loans. Enjoy competitively low interest rates and flexible terms that fit your timeline. Plus, work with lenders that know how to do business in South ... www.fbtco.com/loans-credit/business-loans | ||
| Navy Federal to the rescue with boost in business loans ... A year ago, Navy Federal Credit Union announced it was rolling out a new initiative... www.bizjournals.com/.../navy-federal-to-the-rescue-with-boos... | ||
| Job: Senior Business Loan Specialist - Columbia Credit Union This individual processes documents & coordinates files for business loans, handles loan advance requests, loan payments & payoffs, prepares collateral ... https://www.columbiacu.org/.../senior-business-loan-specialist/ | ||
| Disaster loans available to small businesses in area | Salisbury Post WASHINGTON – North Carolina residents and businesses affected by severe weather, wind and rain on June 13 can apply for low-interest disaster... www.salisburypost.com/article/20130710/SP01/130719953/ |
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