National News

Auto loans delinquent - Jackson Clarion Ledger

Financial News - Wed, 06/01/2011 - 06:02

Auto loans delinquent
Jackson Clarion Ledger
The second half of the year typically is more active, he said, with business increasing by as much as 50 percent. He said lenders have made it more difficult to qualify for new loans and thus has limited the number of repossessions. ...

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Airbnb to launch Australian site as Ashton Kutcher buys in - StartupSmart

Entrepreneur News - Wed, 06/01/2011 - 05:40

Real Bollywood (blog)

Airbnb to launch Australian site as Ashton Kutcher buys in
StartupSmart
According to the company, Ashton Kutcher has invested a significant amount of money into the start-up and will join the team as a strategic advisor as the company furthers its international expansion. “He will be working alongside the founders on ...
Airbnb Has Arrived: Raising Mega-Round at a $1 Billion+ ValuationTechCrunch

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Former Digg Lead Architect Joe Stump: Entrepreneurs Have To Practice Making Money - Business Insider

Entrepreneur News - Wed, 06/01/2011 - 04:50

Business Insider

Former Digg Lead Architect Joe Stump: Entrepreneurs Have To Practice Making Money
Business Insider
But entrepreneur Joe Stump says the biggest mistake made by investors is telling entrepreneurs that they can wait to “turn on” revenue. “Revenue isn'ta light switch. You have to practice making money,” Stump says. “I encourage every startup I advise ...

Tips For Small Business Financing - The Atlanta Post

Financial News - Wed, 06/01/2011 - 04:09

The Atlanta Post

Tips For Small Business Financing
The Atlanta Post
The old phrase, “it takes money to make money” is one that still applies when opening or running a small business. There are many options out there for those looking for ways to finance their businesses. One option is to open up a Small Business line ...

The Hawaii Market For Buying And Selling Small Businesses Is Back - Hawaii Business Magazine

Financial News - Wed, 06/01/2011 - 01:10

Hawaii Business Magazine

The Hawaii Market For Buying And Selling Small Businesses Is Back
Hawaii Business Magazine
Hints of falling prices and other trends have added to the confidence of brokers involved in the local business-for-sale market. But, they say, barriers are holding back many deals, including financing trouble, skittish buyers and business owners ...

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Rwanda: Female Hawkers to Access Loans Through Cooperatives - AllAfrica.com

Financial News - Wed, 06/01/2011 - 00:59

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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Watch: The Daily Gets The Lowdown On What It's Like To Be A Startup At Disrupt NYC - Washington Post

Entrepreneur News - Wed, 06/01/2011 - 00:30

Watch: The Daily Gets The Lowdown On What It's Like To Be A Startup At Disrupt NYC
Washington Post
The Daily followed the entrepreneurs behind three Disrupt NYC battlefield competitors, SpotOn, Spenz, and Madbrook Publishing through their unique experiences at Disrupt. They came by plane, train, and automobile, fought some nerves, endured some ups ...

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Partnership Offers Resources For Small Businesses - Small Business News from Gaebler.com

Entrepreneur News - Tue, 05/31/2011 - 21:47

Partnership Offers Resources For Small Businesses
Small Business News from Gaebler.com
Additionally, past winners of Ernst and Young's Entrepreneur of the Year will be available to act as mentors and offer advice. Small Business Trends reports that a network of state-based organizations are also on the horizon. Startup Illinois is the ...

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Why You May Already be Paying B2B Startup Costs - B2B News

Entrepreneur News - Tue, 05/31/2011 - 19:52

Why You May Already be Paying B2B Startup Costs
B2B News
The misapprehension that many new startup business entrepreneurs have is that the scale of their initial production run must be massive, or their launch needs a big splash. These elements of business success are advisable where a competitive brand is ...

Upheaval for Northwest Small Business Development Center - Finance and Commerce

Financial News - Tue, 05/31/2011 - 19:04

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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Michael Arrington Browbeats Entrepreneurs At Ron Conway's CEO Summit - San Francisco Chronicle

Entrepreneur News - Tue, 05/31/2011 - 18:57

Michael Arrington Browbeats Entrepreneurs At Ron Conway's CEO Summit
San Francisco Chronicle
Last week, powerful Silicon Valley startup investor Ron Conway hosted a CEO summit in New York. TechCrunch editor Michael Arrington, Conway's friend, was the fifth speaker to take the floor. Arrington used the time to explain to the gathered CEOs why ...

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Startup Spotlight: Toolz.me helps organize your tools - GeekWire

Entrepreneur News - Tue, 05/31/2011 - 17:23

GeekWire

Startup Spotlight: Toolz.me helps organize your tools
GeekWire
Talk about building a startup in hyperspeed. Seattle entrepreneur and WordPress guru Joshua “Red” Russak came up with the idea for Toolz.me on May 15th, and just a few days later was rolling out a new way for people to share the online and real-world ...

Ally Financial bets on risky subprime car loans - Reuters

Financial News - Tue, 05/31/2011 - 16:29

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)

Financial News - Tue, 05/31/2011 - 16:05

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)

Financial News - Tue, 05/31/2011 - 16:05

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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NYC's ER Accelerator announces its first class of startups for summer incubation - The Next Web

Entrepreneur News - Tue, 05/31/2011 - 16:04

The Next Web

NYC's ER Accelerator announces its first class of startups for summer incubation
The Next Web
The ER Accelerator includes 3 co-founders: Jonathan Axelrod, a technology and media entrepreneur who previously co-founded MusicGremlin, Inc., a New York-based venture-backed start-up; Charles Kemper, an entrepreneur and investment professional; ...
Say Hello to the First 10 ER Accelerator StartupsGigaOm

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CPV, GE, DGC Secure Largest US Thermal Power Project Financing in 2011 for 800 ... - Business Wire (press release)

Financial News - Tue, 05/31/2011 - 15:03

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)

Financial News - Tue, 05/31/2011 - 14:44

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 back end incentives among IBM Smarter Commerce Initiative enhancements - eChannelLine

Financial News - Tue, 05/31/2011 - 14:34

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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