Bad Credit Small Business Loans News
- Delaware County Bank hit with cuts Friday, July 15, 2011 @ 4:16AMThe parent company of Delaware County Bank, struggling to become consistently profitable after being hurt by the weak economy and sour loans, is cutting back.
- 10. Why Wall Street doesn't seem worried about default Thursday, July 14, 2011 @ 9:29PMNEW YORK (AP) — The CEO of a big bank says a U.S. default could be catastrophic for the economy. The head of the Federal Reserve warns of chaos. And a credit rating agency threatens to take away the country's coveted triple-A status.
- JPMorgan Shares Rise After Earnings Beat Analysts’ Estimates Thursday, July 14, 2011 @ 10:33AMJPMorgan Chase & Co. rose the most in eight months in New York trading after earnings beat analysts’ estimates and revenue unexpectedly climbed on gains from underwriting stocks and bonds.
- Entrepreneurs & Government: Happily Ever After? Sunday, July 10, 2011 @ 8:23AMPoor Hollywood paparazzi. Wills and Kate's carefully "scripted" visit to Los Angeles didn't include,
- 'Big Roads': From Tire-Killing Paths To Superhighways Sunday, July 3, 2011 @ 10:54PMEvery day, Americans travel on the largest public works project in history. Author Earl Swift tells the story of America's interstate highway system in his new book, The Big Roads: The Untold Story of the Engineers, Visionaries, and Trailblazers who Created the American Superhighways .
- How will the budget affect you? Sunday, July 3, 2011 @ 4:22AMHouse Speaker William G. Batchelder, a Medina Republican who with 35 years in office is the longest-serving member of the legislature, called the new two-year state spending plan "the most reform-oriented budget that I have ever seen."
- Banco Santander: The Good, the Bad and the Ugly Friday, July 1, 2011 @ 12:20PMBy Juan Velasco. Several people have asked me lately about Banco Santander. Here are some thoughts I would like to share. Read more » »
- Rio reborn: the favela where cosmetics reps have replaced drug gangs Friday, July 1, 2011 @ 11:29AMA project backed by a major cosmetics firm has transformed a once-violent favela in Brazil's Rio de Janeiro into a focal point for local enterprise Miriam Pereira da Lima, 29, sheds tears as she watches her daughter dancing in the square while children ride past on bikes and fly kites. "Until a few months ago kids didn't play out on the streets," she says, still adjusting to life after the ...
- Easy money Wednesday, June 29, 2011 @ 2:06AMThailand's election and the rural debt trap
- Business Briefs Friday, June 24, 2011 @ 7:30PMRegulators have shut down a small bank in Georgia, boosting to 48 the number of U.S. bank failures this year as the economy struggled and bad loans piled up.
- 7 Reasons Why It’s Never Been Easier To Start A Business Tuesday, June 21, 2011 @ 4:16PMA decade ago starting a business was a daunting proposition. Payrolls, accounting, payment systems, supply-chain logistics – setting up all those back-office functions was expensive and time-consuming.
- Andrea Learned: Business Unusual: Living Economies Tuesday, June 21, 2011 @ 3:15PM"Living Economies." Though the phrase is a mouthful, a lot more businesses, and businesspeople, should be seeing themselves as part of them. Perhaps because so...
- PNC's purchase of RBC Bank means a further shakeup in local banking Tuesday, June 21, 2011 @ 6:15AMPNC Financial Services will pay $3.62 billion for RBC Bank, the banks said Monday, allowing RBC parent Royal Bank of Canada to exit a foray into the American South that left it drenched in red ink. By next March, Pittsburgh-based...
- Bango PLC - Preliminary Results Tuesday, June 14, 2011 @ 1:44AMBango PLC - Preliminary Results
- BOJ Limits Extra Assistance to $6 Billion Lending Package Tuesday, June 14, 2011 @ 1:38AMThe Bank of Japan limited its extra assistance for the earthquake-hit economy to a $6 billion lending program to help companies without real estate collateral.
- On The Linkage Between Politics And Markets Monday, June 13, 2011 @ 3:31PMOn a very slow trading day, some big picture observations from Russ Certo of Gleacher : On The Linkage Between Politics And Markets Good afternoon. The S&P 500 slid for a sixth straight week, its longest swoon since July 2008. The Dow closed below 12,000 for the first time since March, and 6.7% off the highs and has been bantering around all day today. Declining stocks outpaced advancing ones ...
- Generation rent – the winners Tuesday, June 7, 2011 @ 10:06PMWith potential first-time buyers struggling to even get on the property ladder, Patrick Collinson speaks to one man who has amassed 120 homes already Philip Stewardson was just 30 when he bought his first "investment" property, a run-down two-bed terrace in Cradley Heath, a short distance from the giant Merry Hill shopping centre. It was 1995 and the property market was at its lowest point after ...
- Back in business? Tuesday, June 7, 2011 @ 7:41AMBanks and small firms try to meet in the middle
- 5 simple ways you can ruin your financial life Tuesday, June 7, 2011 @ 6:38AMIn fact, some of the biggest mistakes that people can make are entirely in their control and completely avoidable. Here are five easily avoidable financial mistakes you may be making right now.
- Lower growth, shakeout await India's lenders to poor Tuesday, June 7, 2011 @ 1:21AMBy Arjun Kashyap
- Lower growth, shakeout await microlenders Tuesday, June 7, 2011 @ 12:23AMIBRAHIMPATNAM, India (Reuters) - D. Maniamma, for one, has had enough of microlenders. After borrowing more than 50,000 rupees ($1,115) over the years to fund her business selling clothes in this dusty village beyond the sprawl of Hyderabad, she says her family was forced by collection agents to sell its motorbike to repay a loan.
- Mike Lux: Against Their Own Interests Friday, June 3, 2011 @ 12:10PMOne of the saddest stories in American politics, which happens all too often, is when small and medium sized community-based businesses lobby against common sense...
- What The Movie "Bridesmaids" Reveals About Small Businesses In The Recession Thursday, May 26, 2011 @ 11:38AMIt’s no coincidence that a movie’s main character’s new business went under during the recession. High unemployment will keep entrepreneurs hamstrung.
- Tennis's Edberg Serving Up Bonds Wednesday, May 25, 2011 @ 1:21AMAfter six Grand Slam singles titles, Stefan Edberg is a part owner and board member of Stockholm-based Case Asset Management
- Funding the future Thursday, May 19, 2011 @ 1:25AMThe concept of the Near Westside Initiative's microloan program is about as simple as it gets: make it easy for neighborhood businesses to find space, funding, direction -- whatever they need -- to help them make an investment into the neighborhood.
- In flat market, some banks ramp up Monday, May 16, 2011 @ 5:25PMWhile bank lending remained flat in the first quarter, a number of small and large banks broke that pattern, largely staying clear of real estate lending.
- Why Investment Banks Are Bad Bets Thursday, May 12, 2011 @ 7:00PMAs an avid fan of financial chronicles, I'm ploughing through yet another hardback about global markets and their participants.A riveting readThis month, I'm gripped by the fascinating Money and ...
- SKS Microfinance falls 18 pct after JPMorgan price cut Friday, May 6, 2011 @ 5:45AMMUMBAI (Reuters) - Shares in SKS Microfinance fell nearly 18 percent on Friday, touching an all-time low after JPMorgan cut its share price target by more than half, citing expected losses amid a weakening business model and possible capital inadequacy.
- Westpac: no rise on horizon Wednesday, May 4, 2011 @ 3:24PMHome owners with a Westpac loan will be saved from any immediate rise in monthly mortgage payments as the bank looks to a recovery in business lending to underpin a boost in future profitability.
- Carlson scion files for bankruptcy Tuesday, May 3, 2011 @ 11:32AMOnce seen as the Carlson corporate empire's heir apparent, Curtis Carlson Nelson listed liabilities of $41.25 million in his court filing.
- Obama Got Osama: Mission Accomplished? Monday, May 2, 2011 @ 7:02PM[Hu's on first Archive] All those students were so happy about Obama’s speech that they remembered to bring their 2008 (assuming they weren’t reprinted just for this event) “Change WE Can Believe In”, “One Nation”, “Latinos for Obama” and other signs and wave them behind...
- Painfully slow recovery taxing business, residents in Fall River Saturday, April 30, 2011 @ 2:56PMMoney runs through the economy like blood through the human body and bankers are the people with their finger on the pulse. In these economic times, it sometimes feels as if nothing’s circulating, but Fall River bankers say there’s life in the economy — and that there may be more life to come. Ross Upton, president and CEO of St. Anne’s Credit Union, put it bluntly. “It’s slow,” he said.
- BNCCORP, INC. Reports First Quarter Net Income of $573 Thousand, or $0.07 Per Diluted Share Thursday, April 28, 2011 @ 10:33AMBNCCORP, INC. , which operates community banking and wealth management businesses in Arizona, Minnesota and North Dakota, and has mortgage banking offices in Iowa, Kansas, Nebraska, Missouri, Minnesota and Arizona, today reported financial results for the first quarter ended March 31, 2011.
- UPDATE 2-Takefuji names buyer while Japan consumer lenders suffer massive losses Thursday, April 28, 2011 @ 6:57AM* Takefuji says to be bought by Korea's A&P Financial
- The Inside-Out World of Home Mortgages Tuesday, April 26, 2011 @ 8:20AMWith 25% more to fall, and many houses under water by thousands of dollars, or hundreds of thousands, what's the incentive to pay? If a borrower wants to work out a compromise in good faith, how can they know if they are negotiating with the right party? The mortgage mess is a house of mirrors.
- Funding Circle expands its small business lending reach Thursday, April 21, 2011 @ 8:12AMPeer to peer small business lender has secured venture capital to fund its rapid expansion
- Banking Crisis of ’30s Gives EU Bad-Loan Tuition: Peter Coy Thursday, April 21, 2011 @ 3:54AMIn May 1931, a Viennese bank named Credit-Anstalt failed. Founded by the famous Rothschild banking family in 1855, Credit-Anstalt was one of the most important financial institutions of the Austro-Hungarian Empire, and its failure came as a shock because it was considered impregnable.
- Wells Fargo first-quarter profit beats Street Wednesday, April 20, 2011 @ 8:34AMDespite profit, revenues fall 5.2%. 20 Apr 2011 2:29 PM
- International Forecaster April 2011 (#6) - Gold, Silver, Economy + More Wednesday, April 20, 2011 @ 8:26AMThe following are some snippets from the most recent issue of the International Forecaster. For the full 34 page issue, please see subscription information below.
- Home Retail Grp Plc - Full-Year Results Part 1 Wednesday, April 20, 2011 @ 2:03AMHome Retail Grp Plc - Full-Year Results Part 1
- Banks didn't know if assets were 'criminal' say MPs Wednesday, April 20, 2011 @ 1:21AMThe Royal Bank of Scotland and Lloyds Banking Group could not provide "basic information" on their own assets in the wake of the crisis or guarantee that they were not linked to "fraud or ...
- Guest Post: Fed Aims At Mortgage Fraud, Shoots Housing Market In The Gut Monday, April 18, 2011 @ 11:00AMSubmitted by Charles Hugh Smith from Of Two Minds Fed Aims At Mortgage Fraud, Shoots Housing Market In The Gut The problem with mortgage fraud wasn't broker compensation: it was the ease of the fraud and the incentives throughout the food chain for collusion. New Fed rules simply wipe out competitors to the "too big to fail" mortgage banks. Why are we not surprised that the Fed took aim at ...
- FHA slow to flag problem lenders, stop them Monday, April 18, 2011 @ 10:14AMWhen the Federal Housing Administration stopped a New York mortgage company from making FHA loans in June, the move came nearly three years after agency records flagged the company’s lending practices as potentially fraudulent.
- Expenses Cost UK Small Businesses 13 Days a Year Monday, April 18, 2011 @ 4:01AMLONDON, April 18, 2011 /PRNewswire/ A survey of over 400 owners of small or medium sized businesses (SMBs) reveals the impact of filing, sorting and paying out expenses on the 1.2 million SMBs in the UK[1]. According to the data, UK SMBs …
- What, Me Worry Wednesday – Fitch Warns on China Wednesday, April 13, 2011 @ 2:06PMWhat, Me Worry Wednesday – Fitch Warns on China By Phil of Phil's Stock World The futures are bouncing! Why are they bouncing? Why not? We went down and people love to buy those dips and that means they are just going to love this chart, courtesy of Barry Ritholtz's team . We don't get our next Case-Shiller data point until the 26th but we did get mortgage applications this week and they are ...
- 5 New Banking Trends for 2011 Wednesday, April 13, 2011 @ 1:05PMNewly proposed legislation and regulations are changing the rules for consumers.
- Money flowing into California's small-business loan programs Sunday, April 10, 2011 @ 11:14PMAbout $56 million in federal funds was received by last month. Under the Small Business Jobs Act, the two state programs could get a total of $168 million. Money from the federal government is flowing into California's small-business loan programs.
- Shutdown Hype Friday, April 8, 2011 @ 2:38AMWhite House officials declared today that a government shutdown would stop federal approval of mortgages and government-backed loans for smaller businesses, furlough 800,000 workers, delay soldiers’ paychecks, close symbolic national parks and monuments, prevent refunds for mail-in tax filers, restrict services for veterans and shut down many federal websites.
- Auto leasing roars back to highest rate since '05 Wednesday, April 6, 2011 @ 12:09AMVehicle leasing, a popular financing option that dried up with credit during the recession, is rebounding, another sign of an improving economy and a recovering automotive industry.
- Bill would boost small-loan rates Tuesday, April 5, 2011 @ 9:18PMRALEIGH - Borrowers may soon pay higher rates for small loans under a bill that state Rep. David Lewis plans to introduce at the General Assembly today.