Golf course owner stays on the course
Enterprise News
The owner of the Lakeville Country Club was given a last-minute reprieve from foreclosure and says he is confident he will find new financing so he can stay in business. “I'm optimistic I can come out of this; I absolutely believe it ...

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Globe and Mail
Business plans don't help in early stages
Globe and Mail
Once a company has been operational for some time, it has a well-defined value proposition, and it generates positive cash flow, a plan can help attract the necessary growth financing. The problem is that business plans are typically not helpful when ...

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PFI - Eurostar wraps financing
Reuters
Most of the revenue uplift came from the recovery of the business passenger market. The company has now become a single entity, owned by the three shareholders, and has just relaunched its branding. It is adding Amsterdam, Frankfurt and Geneva to its ...

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Incoming Treasury chief wants SA to narrow deficit
Business Day
He told Business Day that the benefits of a strong fiscal position were "not a theoretical construct" and had allowed SA to avoid "extraordinary measures" during the global financial crisis in 2009. "The sooner we get our position on a firmer footing ...

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Triple Pundit
American Apparel Said Close to an Agreement for $15 Million in Financing
Bloomberg
American Apparel, known for its colorful t-shirts and provocative ads, aims to almost double sales to $1 billion eventually by expanding its brand, improving its distribution network and boosting sales from the wholesale business. ...
Dov Charney Staring Down Chapter 11: American Apparel Still Facing Financial WoesVillage Voice (blog)
American Apparel in talks with investor to secure up to $10 million in new ...Los Angeles Times
American Apparel racing to secure financing - WSJReuters
Portfolio.com (blog)
all 17 news articles »

Boston Globe
Iron Mountain Calms Bondholders on $2.2 Billion Payout: Corporate Finance
Bloomberg
“We think we're appropriately levered at this space, given where the business is and given the amount of capital we're talking about and we think this is the right thing to do. But this is not coming from a big leverage up for the business at this ...
Iron Mountain compromises with activist investorBusinessWeek
Iron Mountain Announces Comprehensive Strategic Plan to Enhance Stockholder ValueBusiness Wire (press release)

all 60 news articles »

New funds for small business loans website
Financial Times
The new financing will enable Funding Circle to begin marketing its site as it attempts to build its market and outlast the current period of low interest rates and credit limitations. “Now is a good time to be building this business,” Mr Desai said. ...

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Simple steps help small businesses avoid stress
Bangor Daily News
Columns, a head and shoulder shot and a short bio can be sent to business@bangordailynews.com. The financial and emotional impact of the Great Recession has probably made many Maine small-business owners ask themselves, “Is owning a business even worth ...

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Uptick in Loans Could Aid Businesses
Wall Street Journal
Small-business lending and the use of existing lines of credit, both slow to rebound, are showing faint but intelligible signs of recovery. An uptick in the two forms of lending could help businesses expand and reduce unemployment, which are crucial to ...

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Direct Capital Doubles Credit Offering For Start-Up Businesses
Citybizlist (press release)
Previously, Direct Capital would provide up to $30000 in equipment financing to companies that have been in business for less than two years. Now the company is offering up to $60000 for start-ups. "There has been tremendous growth in the number of new ...

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Forbes (blog)
Regulators withdraw orders that barred CIT Bank from paying dividends, lending ...
CanadianBusiness.com
The bank wanted to fund its corporate parent's industrial-lending business using brokered deposits — bank deposits obtained in large chunks from other financial companies. The FDIC nixed the practice, saying the proposed loans threatened FDIC-insured ...
CIT Announces Lifting of Cease and Desist Orders on CIT BankInsurance News Net (press release)
Stage set for Thain to show his stuff at CITCrain's New York Business

all 45 news articles »

TheStreet.com
Huntington posts first-quarter profit, says it's attracting customers and loans
Plain Dealer
It was driven by double-digit percentage increases in lending such as auto, equipment financing, middle-market and other commercial and industrial loans. Daniel Walsh, president of Huntington's Cleveland market, said in an interview that he credits ...
Columbus-Area Small Business Owners See New Opportunities for Growth Through ...PR Newswire (press release)

all 124 news articles »

People's United Financial Reports First Quarter Earnings of $52 Million or ...
SYS-CON Media (press release)
People's United Financial, a diversified financial services company with $25 billion in assets, provides commercial banking, retail and business banking, and wealth management services through a network of 341 branches in Connecticut, Vermont, ...

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Delphi Outlines $3 Billion of Loans to Finance GM Stake Purchase
BusinessWeek
April 20 (Bloomberg) -- Delphi Automotive LLP's $3 billion debt financing to buy back an equity stake from former parent General Motors Co. will include a $2.25 billion term loan B. JPMorgan Chase & Co. is leading the financing, ...

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AML Atlas™ Now Used by Financial Institutions with Combined Assets of More ...
Business Wire (press release)
WASHINGTON--(BUSINESS WIRE)--With the addition of six new institutional subscribers this year, AML Atlas™ now provides country risk ratings to financial institutions with combined assets of over $15 trillion. AML Atlas™, a geographic risk assessment ...

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AngioScore Announces Completion of $12 Million Financing
Business Wire (press release)
(BUSINESS WIRE)--AngioScore, Inc. announced today the successful completion of a $12 million private equity financing. The financing was led by Saints Capital as a new institutional investor. The company's existing institutional investors include ...

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What does IBM's New Cloud Financing Policy Mean for Customers?
CloudTweaks News
The first is new financing programs specifically designed for IBM Business Partners looking to go on the cloud. IBM will offer low cost to 0% financing and deferred payments up to 6 months on its technology and services. ...

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National Truck Protection Signs Exclusive Agreement with Commercial Fleet ...
SunHerald.com
He added, “Unfortunately, in the financing business you see repo vehicles because the owner could not cover the cost of an unexpected breakdown. We chose to work with NTP to eliminate that sort of disaster. NTP has demonstrated, time and again, ...

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Emanuel taps ex-Donnelley CEO to lead city's financial turnaround
Chicago Sun-Times
Angelson will lead a high-powered economic team that also includes Chief Financial Officer Lois Scott, Budget Director Alexandra Holt, City Comptroller Amer Ahmad and Chief Technology Officer John Tolva. Their first order of business is to pinpoint the ...

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Papaconstantinou Says Restructuring Holds 'Huge Dangers'
BusinessWeek
Greek, Irish and Portuguese bonds fell as a German government advisor said Greece will probably have to restructure its debt as its financing costs rise. The Greek 10-year yield increased 13 basis points to 14.61 percent, bringing its spread over ...

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