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Project Merlin fails to increase lending - Fresh Business Thinking

Tue, 04/05/2011 - 09:24

Project Merlin fails to increase lending
Fresh Business Thinking
Hotfrog also found that nearly 70 percent of small businesses responded that the news of Project Merlin had not changed the way they intend to approach financing. Of these, 36 percent said credit conditions are currently too harsh for small business, ...

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ING Sees 'Liquidity Bubble' in European LBO Financing Market - BusinessWeek

Tue, 04/05/2011 - 08:56

ING Sees 'Liquidity Bubble' in European LBO Financing Market
BusinessWeek
“There is a liquidity bubble in the European leveraged loan market at the moment, driven by institutional fund liquidity,” said Gerrit Stoelinga, global head of structured acquisition finance at Amsterdam-based ING, which toppled Lloyds Banking Group ...

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Business looks to expand in Hawthorne - In-Forum

Tue, 04/05/2011 - 05:39

Business looks to expand in Hawthorne
In-Forum
FARGO – The owner of a business located in one of Fargo's historic neighborhoods is looking to expand. Steven Stremick of Select Financial Service is looking into buying the Hawthorne neighborhood homes on both sides of his existing business at 1155 ...

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Workshop offered on obtaining business loans - Kitsap Peninsula Business Journal

Tue, 04/05/2011 - 04:48

Kitsap Peninsula Business Journal

Workshop offered on obtaining business loans
Kitsap Peninsula Business Journal
Navy Federal Credit Union and the WSU Small Business Development Center are offering a free workshop designed to help business owners work more successfully with commercial lenders to get financing. A Small Business Administration official will explain ...

Funding a New Business With a 401(k) - Smartmoney.com

Tue, 04/05/2011 - 04:16

Smartmoney.com

Funding a New Business With a 401(k)
Smartmoney.com
Not true, says David Nilssen, co-founder of Guidant Financial Group Inc., a small business financing firm based in Bellevue, Wash., that specializes in rolling over retirement plans for business capital. About 5000 of its clients have used 401(k) ...
The Risky Business of Raiding Retirement FundsSecondAct

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Fed Help Kept Banks Afloat, Until It Didn't - New York Times

Tue, 04/05/2011 - 01:08

Opposing Views

Fed Help Kept Banks Afloat, Until It Didn't
New York Times
... said that the loans helped keep the bank in business, providing needed cash as deposits dwindled. But he said that it was clear in retrospect that County Bank was dead on its feet the whole time, thanks to its once-lucrative focus on financing ...
Bailout Revelation: Fed Lent Billions to Save Lybian BankTIME (blog)

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Taylor Bean Ties to Freddie Mac Loom in $1.9 Billion Mortgage-Fraud Trial - Bloomberg

Mon, 04/04/2011 - 22:58

Taylor Bean Ties to Freddie Mac Loom in $1.9 Billion Mortgage-Fraud Trial
Bloomberg
“The business reasons must have outweighed the risk exposure,” said Rossi, a former senior risk officer at Countrywide Financial Corp., Washington Mutual Inc. and Citigroup Inc. Farkas maintained frequent contact with Freddie Mac, personally meeting ...
Farkas to get his day in courtOcala

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State Agencies Highlight the Importance of Financial Literacy During the Month ... - istockAnalyst.com (press release)

Mon, 04/04/2011 - 21:53

State Agencies Highlight the Importance of Financial Literacy During the Month ...
istockAnalyst.com (press release)
Apr. 4, 2011 (Business Wire) -- The Department of Corporations (DOC), Department of Financial Institutions (DFI) and the Department of Real Estate (DRE) will partner with other state, federal and local government agencies and financial literacy ...

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Indiana Banks Post Increase In Small Business Lending - Small Business News from Gaebler.com

Mon, 04/04/2011 - 21:52

MSN Money UK

Indiana Banks Post Increase In Small Business Lending
Small Business News from Gaebler.com
While the debate over whether small businesses suffer more from restrictive lending practices or low sales continues to be fought between entities such as the government and the National Federation of Independent Business, financing news for ...
Will SBA's New Online Tool Boost Small-Business Lending?AOL Small Business
Banks step up small business lendingThe Desert Sun
Small Business Administration's Loan Program Extended Through 2012Bryan Ellis Real Estate Letter
Red, White, and Blue Press -Cecil Whig -Press of Atlantic City
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Survey: Hispanic Small Business Owners Want To Improve Financial Literacy - Small Business News from Gaebler.com

Mon, 04/04/2011 - 21:52

Survey: Hispanic Small Business Owners Want To Improve Financial Literacy
Small Business News from Gaebler.com
However, a recent survey is showing that one demographic of owners is struggling with financial know-how. Research by Sage Simply Accounting finds one-fifth of Hispanic small business owners are unable to identify the business cost they most need to ...

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EAC seeks capital markets financing - Daily Monitor

Mon, 04/04/2011 - 21:02

EAC seeks capital markets financing
Daily Monitor
... they are currently working on forming a capital markets authority in Burundi so that Burundi can also have a stock exchange. Well paved roads are part of the infrastructure that could benefit from capital markets financing. PHOTO/BUSINESS DAILY.

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Schnitzer Reports Strong Second Quarter Fiscal 2011 Financial Results and ... - American Chronicle

Mon, 04/04/2011 - 20:57

Schnitzer Reports Strong Second Quarter Fiscal 2011 Financial Results and ...
American Chronicle
Steel Manufacturing Business (SMB) delivered year-over-year financial improvement with near break-even operating income despite weak demand and highly competitive market conditions. In the second quarter, our Metals Recycling Business shipped ferrous ...

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China Buries Obama's 'Sputnik' Goal for Clean-Energy Use - BusinessWeek

Mon, 04/04/2011 - 17:42

China Buries Obama's 'Sputnik' Goal for Clean-Energy Use
BusinessWeek
... Energy Finance, which begins its annual conference today in New York. “What China's doing is really smart,” said Jon Anda, vice chairman of UBS AG's securities unit in Stamford, Connecticut, who runs the Swiss bank's environmental markets business. ...
Chinese Banks' Illusory EarningsForbes (blog)

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Chase To Add 100 Bank Branches in California in 2011 - LoanSafe

Mon, 04/04/2011 - 16:52

Chase To Add 100 Bank Branches in California in 2011
LoanSafe
The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase ...

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SBA 504 loan - Evansville Courier & Press

Mon, 04/04/2011 - 16:38

SBA 504 loan
Evansville Courier & Press
The Small Business Administration continues to offer the 504 loan as a tremendous program to aid small- and medium-sized businesses in long-term, owner-occupied real estate and capital equipment financing. The partners in an SBA 504 loan transaction ...

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Bank of Ireland Will Sell $4.3 Billion Portion of Project-Finance Business - Bloomberg

Mon, 04/04/2011 - 16:34

Telegraph.co.uk

Bank of Ireland Will Sell $4.3 Billion Portion of Project-Finance Business
Bloomberg
(Source: Bloomberg) Bank of Ireland Plc, the country's largest bank, hired Deutsche Bank AG (DBK) to sell an almost 3 billion-euro ($4.3 billion) portion of its project finance business. The size will comprise mostly UK infrastructure loans and exclude ...
Deutsche Bank to oversee BoI loan saleIrish Times

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Spyker, Saab Defend Financial Position - Wall Street Journal

Mon, 04/04/2011 - 15:52

Sify

Spyker, Saab Defend Financial Position
Wall Street Journal
Saab Automobile CEO Jan-Ake Jonsson Monday said that while the company had experienced problems last week, it was still close to the financial expectations set out in its business plan. Jonsson, who has said he will retire in May after six years as CEO ...
Saab not close to collapse, says ownerCFO World UK
Despite The Deadpools, Saab Says It's Weathering StormThe Car Connection (blog)

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Monarch Bank Commercial Real Estate Finance Group Collaborates with Walker ... - PR Newswire (press release)

Mon, 04/04/2011 - 15:45

Monarch Bank Commercial Real Estate Finance Group Collaborates with Walker ...
PR Newswire (press release)
The Capital Markets group specializes in financing commercial real estate for owners and investors across the United States. Capital for this financing comes from large institutions such as life insurance companies, commercial banks, CMBS lenders, ...

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Chase To Add 100 Bank Branches in California in 2011 - Business Wire (press release)

Mon, 04/04/2011 - 15:19

Chase To Add 100 Bank Branches in California in 2011
Business Wire (press release)
The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase ...
Chase plans new branches in San Joaquin ValleyFresno Business Journal

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Small Business Loans Tough to Come By, Says Timothy Geithner - Online Journal

Mon, 04/04/2011 - 14:09

Small Business Loans Tough to Come By, Says Timothy Geithner
Online Journal
Small business loans and financing options are becoming more difficult to come by. US Treasury Department Secretary Timothy Geithner said last month that despite improvements financial challenges will remain for smaller businesses. ...

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