National News

Company announces start of construction on Fremont biodigester - Muskegon Chronicle - MLive.com

Financial News - Fri, 05/20/2011 - 14:40

Company announces start of construction on Fremont biodigester
Muskegon Chronicle - MLive.com
The digester plant in Fremont completed financing May 13 and is scheduled to begin commercial operation in summer 2012, the company said. NOVI Energy said the plant will be one of the first large-scale anaerobic digesters using co-digestion to be built ...

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Ex-Im Bank Small Business Export Financing Exceeds $2.4 Billion, 1700 Transactions - PR Newswire (press release)

Financial News - Fri, 05/20/2011 - 14:29

TRCB News

Ex-Im Bank Small Business Export Financing Exceeds $2.4 Billion, 1700 Transactions
PR Newswire (press release)
By the end of 2014, Ex-Im Bank aims to reach $9 billion in annual small business export financing, add a total of 5000 small businesses to its portfolio, and approve at least $30 billion in transactions. To reach these benchmarks, the Bank is also ...
More Small Businesses Seek Export FinancingWall Street Journal (blog)
Business BriefsHonolulu Star-Advertiser
Ex-Im Bank supports Boeing suppliers, but not when they supply AirbusBizjournals.com (blog)
The FINANCIAL
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TiE turning immigrants into millionaires - South Asian Observer

Entrepreneur News - Fri, 05/20/2011 - 14:25

TiE turning immigrants into millionaires
South Asian Observer
Giving the latest example of successful entrepreneurs mentored by Indian techies, Madan said: 'Just last November, Indo-Canadian Haroon Mirza sold his start-up Cognovision to Intel for $25 million. An engineering graduate, Mirza had a vision, ...

4 Tips to Navigate Private Student Loans - Fox Business

Financial News - Fri, 05/20/2011 - 14:11

4 Tips to Navigate Private Student Loans
Fox Business
Even private lenders looking for your business agree that a federal student loan is a better buy. "Absolutely take advantage of the free money that's out there in terms of scholarships, grants and financial aid. When they do need a loan, the best loan ...

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The iPad Success: What It Means For An Entrepreneur - The Business Insider

Entrepreneur News - Fri, 05/20/2011 - 13:46

The iPad Success: What It Means For An Entrepreneur
The Business Insider
If you find a market where you can answer these questions, search no more: you have an idea for a great frictionless start-up. Guillaume Decugis, CEO of Scoop.it, hopefully a frictionless way to publish on the Web...

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Madoff, Innkeepers, Fisher Island, Windstar: Bankruptcy - BusinessWeek

Financial News - Fri, 05/20/2011 - 13:10

Madoff, Innkeepers, Fisher Island, Windstar: Bankruptcy
BusinessWeek
Demant, based in Denmark, has an agreement to buy the business for $80 million. The final hearing for financing approval is set for May 31. HearUSA owes $31.3 million to Siemens Hearing Instruments Inc., the principal supplier and primary secured ...

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Park Sterling Corporation Expands Its Business Line in Growth Markets With New ... - Marketwire (press release)

Financial News - Fri, 05/20/2011 - 12:42

Park Sterling Corporation Expands Its Business Line in Growth Markets With New ...
Marketwire (press release)
"We consider this a good time in the economic cycle to offer creative business financing solutions, in a monitored credit environment, to our commercial customers. We believe ABL represents a solid growth opportunity for Park Sterling and follows the ...

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Foundation Financial Group Grows Volume 14 Percent - Sacramento Bee

Financial News - Fri, 05/20/2011 - 12:38

Foundation Financial Group Grows Volume 14 Percent
Sacramento Bee
"Another reason Foundation Financial Group is growing is our ability to adjust quickly during shifts in market conditions, our blue-collar work ethic and our unique pay-for-performance and pay-for-responsibility business model. ...

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Nara Bancorp and Center Financial Announce Branch Consolidation Plans - TradersHuddle.com

Financial News - Fri, 05/20/2011 - 12:37

Nara Bancorp and Center Financial Announce Branch Consolidation Plans
TradersHuddle.com
Nara Bank specializes in core business banking products for small and medium-sized companies, with an emphasis in commercial real estate and business lending, SBA lending and international trade financing. Nara Bank is a member of the FDIC and is an ...

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Financial and Operational Update - Reuters (press release)

Financial News - Fri, 05/20/2011 - 12:01

Financial and Operational Update
Reuters (press release)
IFRS 5 requires operations that form a major line of the business to be classified as discontinued when the assets are held for sale. Consolidated assets and liabilities of Sevan Drilling ASA are therefore presented separately in the preliminary ...

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Entrepreneur Josh Cote Has The F-Factor - Marketwire (press release)

Entrepreneur News - Fri, 05/20/2011 - 10:29

Entrepreneur Josh Cote Has The F-Factor
Marketwire (press release)
Josh Cote has been involved in business development for over 10 years and offered education on developing successful business models to aspiring entrepreneurs which is a hot topic particularly in the UK right now with the launch of 'Start Up Britain'. ...

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SBA loans up but incentives played a part - Philadelphia Business Journal

Financial News - Fri, 05/20/2011 - 10:09

Heritage.org (blog)

SBA loans up but incentives played a part
Philadelphia Business Journal
A little more than halfway through fiscal year 2011, local Small Business Administration lending programs are already close to exceeding 2010 levels. But much of that volume came in the first fiscal quarter, from October through December, ...
SBA Small Business Loan Assistance In May–What Programs And Borrowing Options ...Red, White, and Blue Press

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One banker's take on SBA lending: Milestone CEO David M. Gill - Philadelphia Business Journal

Financial News - Fri, 05/20/2011 - 10:09

One banker's take on SBA lending: Milestone CEO David M. Gill
Philadelphia Business Journal
However, the SBA guarantee enables MileStone to support the financing requirements of small business borrowers even when they meet all other underwriting criteria, but lack the full collateral support typically required for a conventional deal. ...

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Jorge Silva-Puras: Initiative to foster growth, innovation - Signal

Entrepreneur News - Fri, 05/20/2011 - 08:55

Jorge Silva-Puras: Initiative to foster growth, innovation
Signal
The funds are for entrepreneurs in emerging industries like clean energy, and for those who are in the initial stage of an innovation project. Both funds have been built on SBA's successful Small Business Investment Company program, which operates on a ...

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6 Important Tips for First-Time Startup Investors - Mashable

Entrepreneur News - Fri, 05/20/2011 - 05:18

6 Important Tips for First-Time Startup Investors
Mashable
The thought is that you invest in a lot of deals early on and then narrow your focus in on those that are more successful and require additional funding. You need to realize that even if your startup is successful, it could take five or more years to ...

With hindsight, business model for Southern Cross looks like a disaster - Telegraph.co.uk

Financial News - Fri, 05/20/2011 - 05:01

Telegraph.co.uk

With hindsight, business model for Southern Cross looks like a disaster
Telegraph.co.uk
When money was cheap (and in plentiful supply) Southern Cross had what looked like a simple, yet perfect, business model. Back then opco/propco was a financing buzzword. With the backing of private equity firm Blackstone the nursing home operator ...

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One Wyoming Entrepreneur's Blueprint for Success - KGWN

Entrepreneur News - Fri, 05/20/2011 - 04:12

One Wyoming Entrepreneur's Blueprint for Success
KGWN
"Before we jumped right into it though we did take a next level training class out at LCCC and that was like a entrepreneur start up class and that was very, very helpful," Mary Levenhagen said. Bob says the resources Wyoming has for small businesses ...

Wauwatosa supports Burleigh Triangle plan; talks begin on financing - Milwaukee Journal Sentinel

Financial News - Fri, 05/20/2011 - 02:16

Wauwatosa supports Burleigh Triangle plan; talks begin on financing
Milwaukee Journal Sentinel
That would be done by creating a tax incremental financing district for the site. Once HSA had recovered its costs, the Mayfair Collection's property taxes would go to the city, its school district and other local governments. ...

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US$600m payday for Silicon Valley veteran - New Zealand Herald

Entrepreneur News - Thu, 05/19/2011 - 22:43

US$600m payday for Silicon Valley veteran
New Zealand Herald
Photo / AP Silicon Valley is where the young and thin dream of making millions on the next hot tech startup. Reid Hoffman is portly, "old" and far more successful than most can ever hope to be. LinkedIn is the first United States social network to go ...

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Srei net profit rises 15% - Calcutta Telegraph

Financial News - Thu, 05/19/2011 - 22:38

Srei net profit rises 15%
Calcutta Telegraph
He said the firm was recognised as the infrastructure finance company in March and would tap the external commercial borrowing route and the retail infrastructure bond market to raise cash. “Right now, there is no appetite for retail infrastructure ...
Quippo expects to promote oil and gas exploration this financial yearBusiness Standard

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