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Rentsys Recovery Services Reaches Milestone for Number of Bank and Credit …
smallbusinesscreditnews.com

COLLEGE STATION, Texas–(BUSINESS WIRE)–Rentsys Recovery Services, a provider of comprehensive disaster recovery solutions for banks, credit unions, mortgage lenders and other organizations, announced it now provides more than 1,900 contracted …

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Junior Gets Whacked by Dad’s Whack Credit
smallbusinesscreditnews.com

My father is 70 years old, filed bankruptcy twice and still has multiple past-due accounts. Since I was 18 years old, my dad’s credit has been getting mixed up with mine, negatively affecting my credit. No matter how many times I’ve disputed these …

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5 Reasons Your Business Loan Wasn’t Approved
smallbusinesscreditnews.com

In order to ensure that they won’t lose money due to business failure, banks generally refuse to give loans to business that have been around less than two years. Once the business has proven its staying power, banks are more confident in providing a loan.

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Small business loan program launched in Anne Arundel
smallbusinesscreditnews.com

Anne Arundel Economic Development Corp. on Wednesday will kick-off a small business loan fund that will lend $3.36 million in Maryland. As part of the launch, the development group will hold a press conference at the offices of the first loan recipient …

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Business loans aimed at boosting Native American entrepreneurs
smallbusinesscreditnews.com

The Indian Business Loan fund has been used only 16 times in the past decade, according to the Department of Employment and Economic Development, which administers the program. Jon Otto, a White Earth tribal member who chairs the state’s American …

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SBC targets 10% loan book growth
smallbusinesscreditnews.com

Security Bank Corp. expects its loan portfolio this year to expand by double-digits, albeit at a slower pace than last year, and that interest rate margins will remain under pressure from record low rates, a top official said on Tuesday. Security Bank …

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Larimer County credit unions, banks at odds over lending cap
smallbusinesscreditnews.com

Credit union representatives, however, say banks don’t want the competition. “They say it will hurt business, but it’s taken us more than 100 years to gain 6 percent of the market for small business loans and deposits,” Maus said. “Even if we doubled …

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MasterCard scans social media, calls itself a ‘tech company’
smallbusinesscreditnews.com

In an increasingly saturated market, dependability with plain vanilla credit cards is not enough, and the company must appeal directly to prospective card holders via social media, he said. The way Eisen puts it, the business-to-business company has …

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