Business news briefs: Small business loans down Pittsburgh Post Gazette The U.S. Small Business Administration has supported more than $29 billion in lending to small businesses in 2013, according to a report issued Tuesday. | |
Mercantile Capital Corporation Reports $57 Million in Small ... The Herald | HeraldOnline.com This created a backlog of approvals that delayed a number of small business loans and projects, but Hurn isn't concerned. "Because we specialize in SBA 504 ... | |
Government-backed small business lending across the US reaches ... Dallas Morning News (blog) The federal government announced today that it guaranteed the third-largest level of small business loans in the past year. The U.S. Small Business ... | |
US small businesses boosted borrowing in September Chicago Tribune The Thomson Reuters/PayNet Small Business Lending Index, which measures the volume of financing to small companies, registered 109.7 in September, ... | |
New Breed of Pawn Shops Fills Business Lending Void Moneynews Business owners needing loans, but who can't get financing from banks or other traditional lenders, offer their prized possessions, valuable artwork, collectibles ... | |
Mortgage approvals hit 66-month high and business lending up MyFinances.co.uk Mortgage approvals fell to their lowest level for five months, according to the Bank of England credit conditions survey as banks admit they have no plans to ... | |
S&T 3Q profit dips, loans increase Pittsburgh Business Times Loan growth was robust during the quarter, fueled by a 2 percent increase in commercial loans due to strong growth in the bank's commercial real estate ... | |
Phoenix man sentenced to prison for small business loan fraud Phoenix Business Journal A Phoenix businessman has been sentenced to 2.5 years in prison and ordered to pay $2.9 million in restitution for fraudulently obtaining federal small business ... | |
Hawkeye Management, the Small Business Loan Company ... DigitalJournal.com Hawkeye Management was named to the new Inc 500 list of fastest growing privately held companies in the U.S. As a company who provides small business ... | |
Rajan hikes key rate by 0.25%; consumer loans to get costlier Business Standard Inflation worries today forced the Reserve Bank to continue its firm stance and hike the short-term lending (repo) rate by 0.25 per cent, a step that will make ... | |
Political impasse eats into banksand#8217; business | Bankers also ... Daily Star Online The business community, however, says the high lending rates — 16-20 percent — have been keeping them from taking up bank loans. On the other hand, ... | |
SBA Lending Activity in FY 2013 Shows SBA Continuing to Help ... NEWS.GNOM.ES ES/ — The U.S Small Business Administration (SBA) today announced its third highest year of SBA lending to date, surpassed only by SBA's two record years of ... | |
Bad loans take shine off profit at Merchants Bank South China Morning Post China Merchants Bank, the mainland's sixth-largest lender by assets, said third-quarter net profit rose 14.78 per cent from a year ago, but soured loans also ... | |
RI program to provide alternative to payday loans News & Observer WOONSOCKET, R.I. — A new program in Woonsocket aims to offer an alternative to payday lenders, which give quick loans backed by people's paychecks, and ... | |
Commercial real estate loan prices rose in September Boston Business Journal Prices for commercial mortgages traded higher in September, while market values for non-performing and impaired CRE loans also improved, according to ... | |
Why Wells Fargo's loan losses are plunging NEWS.GNOM.ES (NEWS.GNOM.ES) – Wells Fargo & Co's loan book is performing better than many of its peers and better than even the bank expected in the middle of the last ... | |
ACC Bank retains loan deals of 2900 farmers despite closures Irish Independent More than €310m in loans to 2,900 farmers will be retained by ACC Bank, despite its decision to close all of its Irish branches and business centres. | |
Malloy, in New London, announces 'resiliency' loans for shoreline ... TheDay.com Dannel P. Malloy has announced a new state loan program for shoreline home and business owners to invest in elevating and waterproofing structures against ... | |
Analysts want Essar Oil to rejig loans, not swap Business Standard Essar Oil, owned by the Ruias, would have to restructure its massive debt of Rs 22,000 crore, as interest costs are shaving off half its earnings (before interest, ... | |
Europe’s non-performing loans Fresh Business Thinking European non-performing loans (NPLs) held by banks have increased to €1.2 trillion (up by nearly €100 billion in 12 months) driven mainly by reported ... | |
Lending Standards Lower While Big Banks Compete for Business LoanSafe While the mortgage industry awaits for lending requirements to become more stringent following the Qualified Mortgage (QM) Rule, certain lenders such as ... | |
RBS Faces Large Call For SME Lending Reform City Talk 105.9 The taxpayer-backed Royal Bank of Scotland (RBS) will face demands to overhaul its small business lending practices later this week following a four-month ... | |
Who Else Is Lending? Try Amazon.com CFO Magazine Banks that earn their spread lending to Main Street businesses are encountering difficulties as bricks-and-mortar retailers disappear or move online. | |
Japan regulator to inspect biggest banks after finding mob-linked ... Washington Post TOKYO — Japan's Financial Services Agency plans inspections of the country's biggest banks after finding loans linked to organized crime at Mizuho, the ... | |
RBI hikes rate to tame inflation; loans to get costlier (Roundup) Business Standard The Reserve Bank of India (RBI) Tuesday hiked a key policy interest rate by 0.25 percent in less than two months to contain inflation, but eased some rupee ... | |
SBA boosts loans in South Florida in fiscal 2013 MiamiHerald.com The U.S. Small Business Administration said Tuesday that its South Florida District made 1,723 loans totaling more than $900 million in fiscal 2013. That was 5 ... | |
Bank of England: Mortgage lending highest since 2008 BBC News The Bank also reported the biggest pick-up in lending to businesses since January this year. Loans to firms rose by £720m. But loans to small businesses ... | |
Embrace Home Loans Celebrates Hiring Award with 20th Branch ... Broadway World A member of the Mortgage Bankers Association (MBa), Embrace Home Loans is an Equal Housing Lender and an accredited business of the Better Business ... | |
Community Bank of Broward shows new interest in lending South Florida Business Journal Community Bank of Broward showed quarterly loan growth for the first time in nearly ... Community Bank of Broward grew its loans by $19.9 million in the third ... | |
SBA Lending Activity in FY 2013 Shows SBA Continuing to Help ... DigitalJournal.com In FY 2013, SBA supported more than $29 billion in lending to America's small businesses, giving small businesses critical access to the capital they need to ... | |
BoE: SMEs miss out on increased lending Mortgage Introducer However, loans to SMEs decreased by £0.4 billion on a monthly basis and, on a twelve month basis, total business lending fell by 3.2%. Commenting, Mark ... | |
Panel says no cover-up in Japan's Mizuho mob loans scandal Legal Business Online Mizuho Financial Group did not intentionally cover-up loans to "yakuza" mobsters, an outside panel said on Monday, a verdict that increases the likelihood ... | |
State Announces Loan Program For Shoreline Flood-Proofing Hartford Courant The low-interest loans, also available to shoreline businesses wanting to flood-proof their buildings, will be available through the new Connecticut Shoreline ... | |
Logix Offers New Product for Commercial Real Estate Investors DigitalJournal.com "Having worked with Logix Federal Credit Union on more than one commercial loan, I can say that their rates are competitive and level of customer service is ... | |
Hawkeye Management, the Small Business Loan Company ... Newsday So whether a small business needs/wants a small business loan or some other kind of working capital, grab the new - and free - whitepaper about credit card ... | |
Reserve urges bank caution in home lending growth ABC Online MICHAEL JANDA: Mr Smith said most of ANZ's businesses were growing, but a 16 per cent rise in branch home loan sales was a centrepiece of its rising profit. | |
Phoenix man gets prison for commercial loan fraud Westport-News PHOENIX (AP) — A Scottsdale businessman charged with fraudulently obtaining about $3 million in federal loans has been sentenced to nearly three years in ... | |
Mizuho gangster loans down to failure in internal controls Here Is The City Mizuho Financial Group's investigators said a probe into loans made to gangsters uncovered a failure in internal controls rather than efforts by the bank to ... | |
Mercantile Capital Corp. handles $57M in 3Q small biz loans Orlando Business Journal The loans went to small businesses in five states: Florida, California, Hawaii, Maryland and Texas. They include four hotels and six construction projects. | |
Wells Fargo sets SBA lending record Sioux Falls Argus Leader Wells Fargo & Co. has set a record in Small Business Administration lending, with $1.47 billion in SBA 7(a) loans for the most recent federal fiscal year. | |
Welsh MPs give backing to farmer 'swap loan' victims Farmers Guardian "We are supporting a number of FUW members who have fallen victim to swap loans for their various farming enterprises," Emyr James, the FUW's business ... | |
Upcoming webinars to offer insight to lenders Victoria Advocate The Guaranteed Loan Program allows the farm service agency to partner with lenders ... with new producers who do not qualify for traditional commercial loans. | |
Macarthur retiree's mini-loans help poor get started Campbelltown Macarthur Advertiser "It involves small loans to give to extremely poor people to start a business," Mr Schroers, of Catherine Field, said. "We believe we have found a solution to help ... | |
U.S. Century Bank gets big legal victory South Florida Business Journal Kevin Gale. U.S. Century Bank President and CEO Carlos Davila says the bank wants to make more small-business loans after closing its recapitalization deal. | |
SBA Reports Third Highest Year of Lending Credit Union Times The SBA said it supported more than $29 billion in lending to small businesses this fiscal year, making 2013 the third highest in lending activity in the agency's ... | |
Shore Community Bank Announces Third Quarter And Year-to-Date ... MSN Money Mr. English commented further, "On a more positive note, the commercial loan pipeline has picked up recently and I anticipate that many of these loans will be ... | |
DIA launches $1M loan program to help new retailers Denver Business Journal (blog) Qualified business people can get up to $250,000 or 25 percent of the capital startup costs, through the loan program. The money must be used for the design ... | |
Moody's Says Banks Making Riskier Corporate Loans: Is The Fed ... Seeking Alpha Over the twelve months ending in September, Alloway writes, commercial and industrial loans (C&I loans) have risen by 7.4 percent, year-over-year, while all ... | |
Pulaski sees higher profit in fiscal 4Q STLtoday.com Improved loan quality helped Pulaski Financial Corp., parent of Pulaski Bank, post a 26 percent increase in profit in the fiscal fourth quarter despite lower ... | |
S&T Bancorp, Inc. Announces Third Quarter Earnings and Declares ... MSN Money Loan growth was strong during the quarter with an increase of $68.1 million, or 2.0%, in total portfolio loans. Commercial loans grew $52.3 million, or 2.1%, ... | |
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