Rwanda: Female Hawkers to Access Loans Through Cooperatives
AllAfrica.com
We want to organise women who are in petty business to come together into cooperatives," she said, adding that the council intends to support them access financing from microfinance institutions and commercial banks. The effort also seeks to group ...

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Finance and Commerce
Upheaval for Northwest Small Business Development Center
Finance and Commerce
For more than three years, LaValley worked with then-Northwest SBDC Director Jorge Prince as Bemidji-based LaValley Industries moved, grew and needed more financing. Finally, at the end of Prince's three-year commitment to lead the SBDC, ...

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Ally Financial bets on risky subprime car loans
Reuters
"If Ally wants to achieve the kind of growth shareholders will be looking for, it has to look beyond the business of prime loans," said Gimme Credit analyst Kathleen Shanley. "This segment of the market is extremely competitive; hence the company's ...
Ally Financial Hopes Investors Won't Realize "Nonprime" is Same as "Subprime"Minyanville.com

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American Business Lending Adds AnaLiza del Valle to Its Houston Lending Staff
istockAnalyst.com (press release)
AnaLiza del Valle joins ABL as Vice President-Business Development. AnaLiza has a Bachelor of Science in Business/Finance with options in Business Finance, Law and Real Estate, and she began her career in finance as an underwriter. ...

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Beach Business Bank Announces $6 MM Relationship With FDS Manufacturing Co.
istockAnalyst.com (press release)
Robert Franko, President of Beach Business Bank and Tom LaCroix, their Chief Lending Officer came up with a plan to combine SBA financing with conventional operating credit lines, so that we could get the credit facilities in place that we needed to be ...

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CPV, GE, DGC Secure Largest US Thermal Power Project Financing in 2011 for 800 ...
Business Wire (press release)
(BUSINESS WIRE)--Competitive Power Ventures, Inc. (CPV), GE Energy Financial Services and Diamond Generating Corporation (DGC), co-owners of the planned $900 million CPV Sentinel power plant, announced today that they have closed the largest project ...

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Finance for vans and trucks keeps businesses moving in Q1 2011
Easier (press release)
More than £1 billion was provided by finance companies for leasing or hire purchase of around 20000 new vans, trucks and lorries in Q1 2011. There was also growth in finance provided for business equipment, plant and machinery and IT equipment. ...

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New York Times (blog)
Ashland to Finance ISP Acquisition With $3.65 Billion in Loans
BusinessWeek
May 31 (Bloomberg) -- Ashland Inc., the maker of Valvoline motor oil that's buying International Specialty Products Inc. for $3.2 billion, will use $3.65 billion in loans to finance the transaction. The deal will include a $1.7 ...
Ashland to Buy International Specialty for $3.2 Billion for Faster GrowthBloomberg
S&P 'BB+' Ashland CCR on watch neg after ISP acq. AnnouncedReuters
Cravath, Sullivan Lead on Ashland's $3.2 Billion ISP AcquisitionThe Am Law Daily
PR Newswire (press release) -Wall Street Journal -Proactive Investors USA & Canada
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New back end incentives among IBM Smarter Commerce Initiative enhancements
eChannelLine
This new announcement offers partners up to 50 percent of sales in incentives, zero percent financing, support for sales and marketing and technical guidance to help build, market and sell solutions. To qualify, Business Partners must be authorized IBM ...
IBM : Expands Smarter Commerce Initiative for Business Partners to Seize New ...4-traders (press release)

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Cortex Business Solutions Inc. Announces Closing of $7.5 Million Bought Deal ...
Marketwire (press release)
Cortex Business Solutions Inc. (TSX VENTURE:CBX) (the "Company") is pleased to announce that it has completed its previously announced $7500150 bought deal offering (the "Offering"), with a syndicate of underwriters led by Stonecap Securities Inc. and ...
CuOro Resources Announces Closing of $15 Million Equity FinancingCanada NewsWire (press release)

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Small business loans feed Prosper growth
Finextra
Prosper was founded as a way to bring a more efficient, transparent and trustworthy process to consumer finance, removing the barriers of traditional consumer financing. For lenders, Prosper delivers a new asset class with annual returns averaging ...

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Friends and Family Financing: Tap Your Community For Startup Funds
Huffington Post (blog)
This is the first in a series of posts about financing options for startups. By "financing" I meanobtaining cash to fund your business. There are all sorts of strategies to avoid needing funding, but this series is not about them. ...

WaferGen closes $30M financing San Francisco Business Times
Bizjournals.com
WaferGen Biosystems Inc. has raised $30.6 million in a private placement financing of equity and debt, the company said Tuesday. The financing came from the institutional life science investors Great Point Partners LLC, Deerfield Management and Merlin ...
WaferGen Closes $30 Million Financing with Three Leading Life Science ...PR Newswire (press release)

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IBM Expands Smarter Commerce Initiative for Business Partners to Seize New ...
PR Newswire (press release)
In addition to sales, marketing and technical guidance, Business Partners can qualify to earn incentives of up to 50 percent of the software sales transaction and receive zero percent financing. With today's news, IBM is making it easier and more cost ...
New back end incentives among IBM Smarter Commerce Initiative enhancementseChannelLine

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CIT Announces Results to Date of Exchange Offer and Receipt of Requisite Consents
Business Wire (press release)
NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE: CIT), a leading provider of financing to small business and middle market companies, today announced, in connection with its offer to certain eligible noteholders to exchange any and all of the ...

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WaferGen Closes $30 Million Financing with Three Leading Life Science ...
PR Newswire (press release)
Net proceeds from this financing will be used for expanding the commercialization capabilities of the company to market the SmartChip Real-Time PCR system and related products, and for working capital and general corporate purposes. ...

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Penson Financial Service Ltd Named “Best Clearing Service”
Gamut News
May 31, 2011 (Business Wire) — Penson Financial Services Ltd, a leading independent provider of clearing services in the UK and a member of the Penson Worldwide, Inc. (NASDAQ: PNSN) group of companies, won the award for Best Clearing Service from the ...

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Excelimmune Completes $10.5 Million Series B Financing
Business Wire (press release)
(BUSINESS WIRE)--Excelimmune, Inc. today announced the final closing of a $10.5 million Series B financing. Proceeds from the Series B will enable Excelimmune to advance Staphguard, a human recombinant polyclonal antibody (HRPA) candidate against ...

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GE Capital Provides £9.5 million Facility to Fogarty Limited
Business Wire (press release)
LONDON--(BUSINESS WIRE)--GE Capital today announced that it has provided East-Midlands based Fogarty (Filled Products) Limited, with a £9.5 million financing facility. The new facility, which will comprise of invoice discounting, trade finance, ...

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Ashland to Acquire International Specialty Products Inc. (ISP)
PR Newswire (press release)
The transaction will be funded through a combination of cash on hand and committed financing from Citi, The Bank of Nova Scotia, BofA Merrill Lynch and US Bank National Association, subject to customary terms and conditions. ...
Ashland Buying Int'l Specialty Products For $3.2BNPR
Ashland To Buy Chemicals Supplier ISP For $3.2 Billion In CashNASDAQ

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