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Small Businesses See Lending Loosen - The Ledger

Sat, 02/26/2011 - 04:40

Small Businesses See Lending Loosen
The Ledger
Now, the door to small business financing is finally opening, at least a crack, as more businesses are getting bank loans that are guaranteed by the US Small Business Administration or through other programs. Some banks are even granting more ...

Small Businesses See Lending Loosen - The Ledger

Sat, 02/26/2011 - 04:40

Small Businesses See Lending Loosen
The Ledger
Now, the door to small business financing is finally opening, at least a crack, as more businesses are getting bank loans that are guaranteed by the US Small Business Administration or through other programs. Some banks are even granting more ...

SBA Grant Program To Promote Exporting Among Small Businesses - Small Business News from Gaebler.com

Fri, 02/25/2011 - 22:39

SBA Grant Program To Promote Exporting Among Small Businesses
Small Business News from Gaebler.com
The program was authorized by last fall's Small Business Jobs Act. Our entrepreneurial news is packed with useful information for small business startups and entrepreneurs. Find helpful entrepreneur resources about small business management, financing, ...

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Report: Brazil needs faster upgrades for 2014 WCup - Forbes

Fri, 02/25/2011 - 21:53

Report: Brazil needs faster upgrades for 2014 WCup
Forbes
The government acknowledged that it made serious mistakes in planning and financing for the Olympic-style event. While airport renovations in cities are expected to begin this year, the report said problems with bidding processes and environmental ...

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Central Pacific Financial Corp. Appoints Two New Directors - PR Newswire (press release)

Fri, 02/25/2011 - 21:16

Central Pacific Financial Corp. Appoints Two New Directors
PR Newswire (press release)
"We look forward to working with these business leaders at an advisory level as we move ahead in our efforts to expand our business." Central Pacific Financial Corp. is a Hawaii-based bank holding company with $3.9 billion in assets. ...

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Jefferies Group Inc. Boosts Lending In Diversification Pitch - Wall Street Journal

Fri, 02/25/2011 - 20:49

Jefferies Group Inc. Boosts Lending In Diversification Pitch
Wall Street Journal
In addition, corporate and acquisition finance completes Jefferies' product offerings, Friedman said. "The capacity to provide direct financing to companies through Jefferies Finance is fundamental to our business and part of our integrated offering. ...

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Canada Small Business Financing program: few know it exists - Vancouver Sun (blog)

Fri, 02/25/2011 - 19:39

East County Magazine

Canada Small Business Financing program: few know it exists
Vancouver Sun (blog)
The Canada Small Business Financing program put $957 million into 7400 startups and small businesses last year, but it also lost $115 million from companies that defaulted on their loans, ...
Small Business Administration Will Offer Small Business Real Estate ...Imperial Valley News

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Digital Angel gets short-term financing - Bizjournals.com

Fri, 02/25/2011 - 18:12

Digital Angel gets short-term financing
Bizjournals.com
Digital Angel needs the money to complete the transition to a company that focuses on a single business line: Destron Fearing, which makes implantable microchips that can track animals. It needs to complete key contracts in non-core businesses and have ...
RODMN&RNSHW : Digital Angel Secures $2 Million in Financing4-traders (press release)

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Railways say financing is in order - Business Standard

Fri, 02/25/2011 - 17:50

Moneycontrol.com

Railways say financing is in order
Business Standard
The minister said,"Next year, an additional amount of Rs 10000 crore will be raised through tax-free bonds for financing select capacity enhancement works." This is the first time that IRFC is to come out with tax-free bonds for retail investors. ...
Budget blues: rail stocks derailedHindustan Times
Railway budget sounds ambitious IIFLMoneycontrol.com

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Small Business Administration Will Offer Small Business Real Estate ... - Imperial Valley News

Fri, 02/25/2011 - 17:16

East County Magazine

Small Business Administration Will Offer Small Business Real Estate ...
Imperial Valley News
As a result, some small businesses that perform well and make timely mortgage payments still face foreclosure because of the difficulties of financing debt. The new SBA program is meant to help successful small businesses remain viable and protect jobs ...
Tips for small business grantsAccentedTouch
Tighter Loan Restrictions Prompt Creative BorrowingFlathead Beacon
Government Offers Relief for Small Businesses With Big MortgagesIndependent Retailer
Sacramento Business Journal -Star Global Tribune
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Survey: CT business lending loosening up - Hartford Business

Fri, 02/25/2011 - 17:09

Survey: CT business lending loosening up
Hartford Business
More than half of all respondents (63 percent) said that without access to capital they have been unable to grow or expand their business; 26 percent said they've been unable to finance increased sales; and 22 percent said they have reduced their ...

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Hotel built with GOZone aid foreclosed - 2TheAdvocate

Fri, 02/25/2011 - 16:43

Hotel built with GOZone aid foreclosed
2TheAdvocate
Southgate Suites received Gulf Opportunity Zone bond financing through the authority in December 2007. In a petition filed Wednesday in the 19th Judicial District Court, US Bank says Southgate Suites LLC defaulted on $25 million in GOZone bonds. ...

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GE Capital Offers Outdoor Products Dealers A New Financing Program - Business Wire (press release)

Fri, 02/25/2011 - 16:28

GE Capital Offers Outdoor Products Dealers A New Financing Program
Business Wire (press release)
HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--GE Capital's Commercial Distribution Finance (CDF) business today announced a new financing program for outdoor power equipment dealers in advance of the Outdoor Power Equipment and Engine Service Association ...

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Lloyds Bank Cut Real Estate Lending by $8.9 Billion Last Year - Bloomberg

Fri, 02/25/2011 - 15:50

Lloyds Bank Cut Real Estate Lending by $8.9 Billion Last Year
Bloomberg
A 34.4 billion-pound shortfall in financing for debt due in the next four years may result in more foreclosures and a slump in values, the industry group said. Some property assets have been moved to Lloyd's business support unit, which focuses on ...

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Validus Holdings, Ltd. to Present at 36th Annual AIFA Conference - Business Wire (press release)

Fri, 02/25/2011 - 14:27

Validus Holdings, Ltd. to Present at 36th Annual AIFA Conference
Business Wire (press release)
PEMBROKE, Bermuda--(BUSINESS WIRE)--Validus Holdings, Ltd. (NYSE: VR) (“Validus”) announced today that Joseph E. (Jeff) Consolino, Validus' President and Chief Financial Officer will participate in a panel discussion at the Association of Insurance and ...

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New Growth Path gets less than it seems from Budget - Independent Online

Fri, 02/25/2011 - 13:41

The South African Star

New Growth Path gets less than it seems from Budget
Independent Online
The business of the government is solidly focused on how to create jobs, but the financial newspapers took vastly different positions over just how much money Finance Minister Pravin Gordhan has devoted to the New Growth Path, the brainchild of ...
High expectations for 2011 budgetBuaNews Online (press release)

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MK Automotive, Inc. Receives Approval From The Small Business Administration ... - PR-USA.net (press release)

Fri, 02/25/2011 - 12:44

MK Automotive, Inc. Receives Approval From The Small Business Administration ...
PR-USA.net (press release)
Mike Murphy, President and CEO of MK Automotive, remarked, "It's no secret that small business financing has dried up the last several years. SBA approval means securing attractive financing for opening or acquiring Mike's Master Mechanics locations is ...

Ocwen posts higher 4Q profit - BusinessWeek

Fri, 02/25/2011 - 12:42

Ocwen posts higher 4Q profit
BusinessWeek
Still, it expects that will be partly offset by higher subservicing fee revenue and by reduced expenses for mortgage servicing rights amortization and interest on advance financing. Ocwen also anticipates the deal will improve its servicing business' ...
Ocwen Reports Net Income of $9.9 Million for Q4 2010 and $38 Million for Full ...GlobeNewsWire (press release)

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9 pc growth next fiscal, unrest in Middle-East, inflation dampeners: Survey - The Hindu

Fri, 02/25/2011 - 12:11

Moneycontrol.com

9 pc growth next fiscal, unrest in Middle-East, inflation dampeners: Survey
The Hindu
It also pitched for giving banking licences to industrial houses wanting to set up banks to promote the goal of financial inclusion. “As regards allowing industrial houses, business houses and NBFCs to promote banks, they may be allowed full banking ...
Economic Survey: Sector-specific overviewNDTV.com
Services sector growth pegged at 9.6%, lower than FY10Economic Times

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Eurozone private sector lending picks up - Business Recorder

Fri, 02/25/2011 - 11:06

Eurozone private sector lending picks up
Business Recorder
Lending to companies gained 0.4 percent on the year, halting an extended period of declines and prompting IHS Global Insight chief European economist Howard Archer to see some light at the end of the tunnel for business credits. ...

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