National News

Local bank plans to increase loans to businesses - KTVL

Financial News - Fri, 03/04/2011 - 02:34

Local bank plans to increase loans to businesses
KTVL
CEO of People's Bank of Commerce Ken Trautman says currently around 75 percent of the bank's loans are for business owners who can't get financing from their current bank. “You could be 30-year-old business, been profitable for 27 years and because the ...

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PRESS DIGEST - China - March 4 - Reuters

Financial News - Fri, 03/04/2011 - 01:27

PRESS DIGEST - China - March 4
Reuters
HK) executive told the newspaper that there would be no additional financing plans over the next two or three years. -- China CSSC Holdings (600150.SS) said it will raise 4 billion yuan ($608.7 million) through a non-public offering of A-shares to ...

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Financing for Mercury/TWOBOLT Marketing Technologies Launch Completed - Business Wire (press release)

Financial News - Fri, 03/04/2011 - 00:47

Financing for Mercury/TWOBOLT Marketing Technologies Launch Completed
Business Wire (press release)
PAWTUCKET, RI--(BUSINESS WIRE)--Mercury of Pawtucket, Rhode Island has disclosed that the Company has raised additional equity to fund the development and forthcoming launch of its TWOBOLT Marketing Technologies division. Angel Street Capital and Dover ...

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Investor to keep close eye on Irish start-ups - Irish Times

Entrepreneur News - Fri, 03/04/2011 - 00:26

Investor to keep close eye on Irish start-ups
Irish Times
A former DJ with a PhD in foreign exchange risk management, entrepreneur and angel investor Glaenzer is a curious mix of risk taker, artist and academic. Perhaps this is what makes him so good at backing winners in the digital start-up space. ...

Salgado Favors Easing Greek Terms as Leaders Mull Crisis Tools - BusinessWeek

Financial News - Fri, 03/04/2011 - 00:15

Salgado Favors Easing Greek Terms as Leaders Mull Crisis Tools
BusinessWeek
March 4 (Bloomberg) -- Spain favors giving Greece “more flexibility” on rescue loans as European leaders wrangle over an agreement on bolstering the region's crisis tools, Finance Minister Elena Salgado said. ...

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Credit Unions Push For More Job-Creating Small-Business Lending - FINS

Financial News - Thu, 03/03/2011 - 21:11

Credit Unions Push For More Job-Creating Small-Business Lending
FINS
"We probably have to turn away anywhere from $1 million to $2 million small business loans a month," said St. Mary's CEO Ron Covey. "And we have a lot of the larger financial institutions that are looking for larger transactions and have pretty much ...

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Hercules Technology Growth Capital Announces Fiscal Year 2010 Financial ... - Business Wire (press release)

Financial News - Thu, 03/03/2011 - 21:08

Hercules Technology Growth Capital Announces Fiscal Year 2010 Financial ...
Business Wire (press release)
(BUSINESS WIRE)--Hercules Technology Growth Capital, Inc. (NASDAQ: HTGC), the leading specialty finance company devoted to addressing the capital needs of venture capital and private equity-backed technology-related companies, including clean ...
New Dividend Stock Added to Database (HTGC)Dividend.com (blog)

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Novell Reports Financial Results for First Fiscal Quarter 2011 - PR Newswire (press release)

Financial News - Thu, 03/03/2011 - 21:06

Novell Reports Financial Results for First Fiscal Quarter 2011
PR Newswire (press release)
... risks related to the diversion of management's attention from Novell's ongoing business operations; risks regarding the failure of Attachmate to obtain the necessary financing to complete the merger; the effect of the announcement of the merger and ...

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KKR Supports Bain Capital Partners LLC with Mezzanine Financing for IMCD ... - Business Wire (press release)

Financial News - Thu, 03/03/2011 - 21:03

KKR Supports Bain Capital Partners LLC with Mezzanine Financing for IMCD ...
Business Wire (press release)
NEW YORK--(BUSINESS WIRE)--Kohlberg Kravis Roberts & Co. LP (together with its affiliates, "KKR") today announced that affiliate investment vehicles and accounts advised by KKR Asset Management LLC (“KAM”) led the €105 million mezzanine financing, ...

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Credit Unions Push For Small-Business Lending in Job Boost - FINS

Financial News - Thu, 03/03/2011 - 17:43

Credit Unions Push For Small-Business Lending in Job Boost
FINS
"We probably have to turn away anywhere from $1 million to $2 million small business loans a month," said St. Mary's CEO Ron Covey. "And we have a lot of the larger financial institutions that are looking for larger transactions and have pretty much ...
CRIF Lending Solutions Signs New Deals with Credit Union and Banking ClientsBusiness Wire (press release)

all 8 news articles »

State, Gallup start mentoring program for startups - Lincoln Journal Star

Entrepreneur News - Thu, 03/03/2011 - 17:16

State, Gallup start mentoring program for startups
Lincoln Journal Star
Dave Heineman announced a new partnership to help strengthen Nebraska small businesses and startup enterprises through mentoring. Partners sponsoring the effort are the Nebraska Department of Economic Development, The Gallup Organization, ...

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Bombardier Aerospace signs deal with Chinese company for customer financing - CanadianBusiness.com

Financial News - Thu, 03/03/2011 - 16:35

Bombardier Aerospace signs deal with Chinese company for customer financing
CanadianBusiness.com
... US$3.85 billion in pre-delivery payment financing, delivery financing and leasing to customers of Bombardier CSeries, Q400 and CRJ aircraft. Bombardier manufactures commercial aircraft and business jets along as well as rail transportation equipment.
Bombardier Aerospace signs deal with Chinese company for customer financingWinnipeg Free Press
Bombardier Aerospace signs deal with Chinese company for customer financingBrandon Sun

all 44 news articles »

Bombardier Aerospace signs deal with Chinese company for customer financing - Winnipeg Free Press

Financial News - Thu, 03/03/2011 - 16:11

Bombardier Aerospace signs deal with Chinese company for customer financing
Winnipeg Free Press
... US$3.85 billion in pre-delivery payment financing, delivery financing and leasing to customers of Bombardier CSeries, Q400 and CRJ aircraft. Bombardier manufactures commercial aircraft and business jets along as well as rail transportation equipment.
Bombardier and China's ICBC Financial Leasing Sign Financing Cooperation MOU ...NewsMaker (press release)
Bombardier and ICBC Leasing sign MOUAirfinance Journal (subscription)

all 24 news articles »

The Daily Start-Up: Solyndra's Fading Star - Wall Street Journal (blog)

Entrepreneur News - Thu, 03/03/2011 - 15:44

The Daily Start-Up: Solyndra's Fading Star
Wall Street Journal (blog)
General Catalyst Partners has added an entrepreneur in residence with deep health-care-services experience – Charlie Baker served as Massachusetts secretary of health and human services…and Kleiner Perkins provided $4 million in a first round of ...

Bombardier Gets $8 Billion Leasing Deal - Wall Street Journal

Financial News - Thu, 03/03/2011 - 15:29

Bombardier Gets $8 Billion Leasing Deal
Wall Street Journal
... announced Thursday will provide advance-payment financing, delivery financing and other leasing services for customers of Bombardier's Q-Series, CRJ Series and CSeries commercial aircraft, as well as several Bombardier business-jet models. ...

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Don't romanticize owning your own business; it requires work - Daily Comet

Entrepreneur News - Thu, 03/03/2011 - 15:25

Don't romanticize owning your own business; it requires work
Daily Comet
Mark Zuckerberg may be the highly successful entrepreneur who created Facebook, but Carol Roth sighs when she hears his name. "Everyone wants to jump on that bandwagon," she says, referring Zuckerberg's phenomenal startup success. ...

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Avoiding the Crowded Startup Graveyard - E-Commerce Times

Entrepreneur News - Thu, 03/03/2011 - 15:07

Avoiding the Crowded Startup Graveyard
E-Commerce Times
A recent study that I just read shows that the startup success rate over a period of 10 years is about 30 percent. This obviously means that about 70 percent of startups are out of business after a 10-year period! There is no doubt that the failure ...

CRIF Lending Solutions Signs New Deals with Credit Union and Banking Clients - Business Wire (press release)

Financial News - Thu, 03/03/2011 - 14:31

CRIF Lending Solutions Signs New Deals with Credit Union and Banking Clients
Business Wire (press release)
ATLANTA--(BUSINESS WIRE)--CRIF Lending Solutions today announced the addition of several new financial institutions and credit unions to its customer list. Recently signed clients include Coastal Federal Credit Union, First Citizens' Federal Credit ...

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Where to Go When the Bank Says No: Ideas for Small Businesses - BusinessNewsDaily

Financial News - Thu, 03/03/2011 - 13:59

TheStreet.com

Where to Go When the Bank Says No: Ideas for Small Businesses
BusinessNewsDaily
When a traditional lender can't pull through for your small business financing needs, where do you turn? Here are some small business funding standouts that may help get your business off the ground. Small businesses usually do not have a strong credit ...
SBA mortgage aid on the wayWashington Business Journal
Can The SBA Help Get Small Business Loans To A Better StandingDaily News Pulse
Small Business Administration administrator Karen Mills calls small firms ...Appleton Post Crescent

all 17 news articles »

American Shared Hospital Services Reports Fourth Quarter and 2010 Results - Business Wire (press release)

Financial News - Thu, 03/03/2011 - 13:06

American Shared Hospital Services Reports Fourth Quarter and 2010 Results
Business Wire (press release)
“In our proton therapy business, we are developing centers in Dayton, Ohio, Boston, Orlando, and Long Beach, California, and are pursuing many other opportunities. We also are well along in arranging the financing required to move these projects ...

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