loans

Florida bank profits off 54%, loans stay flat
smallbusinesscreditnews.com

Nationally, bank loans were down 0.4 percent in what the FDIC called a seasonal decline related to credit card balances and agricultural loans. There was 1.6 percent national growth in commercial and industrial lines of credit. One good sign in Florida …

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Accion Texas offering bridge loans to San Antonio businesses
smallbusinesscreditnews.com

A bridge loan provides additional capital for a company that has already received a larger loan through a bank or other lender to finance a major project. These businesses will sometimes require additional funds to “bridge” over a gap in its financial …

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Florida bank profits down 54%, loans stay flat in Q1
smallbusinesscreditnews.com

Nationally, bank loans were down 0.4 percent in what the FDIC called a seasonal decline related to credit card balances and agricultural loans. There was 1.6 percent national growth in commercial and industrial lines of credit. One good sign in Florida …

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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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Another Uptick in Small Business Loans From Large Lenders
smallbusinesscreditnews.com

Online lending platform Biz2Credit compiles a monthly index to track approval rates for small business loans. Businesses owners can apply for loans over Biz2Credit’s website, which makes the company’s survey of more than 1,000 loan applications a …

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Federal disaster loans available to businesses and homeowners hit by …
smallbusinesscreditnews.com

Low-interest federal disaster loans are now available to Oklahoma residents and business owners as a result of President Obama’s major disaster declaration, U. S. Small Business Administration (SBA) Administrator Karen G. Mills announced.

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Co-operative Bank stops offering new loans to businesses
smallbusinesscreditnews.com

Signs that the Co-operative Group could retrench from some parts of the financial services industry – at least temporarily – emerged on Friday when its banking arm pulled out of offering new loans to business clients. Ever since the mutual’s banking …

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Business loans aim to boost Native American entrepreneurship
smallbusinesscreditnews.com

BEMIDJI, Minn. — Even though the city of Bemidji is surrounded by three Indian reservations, there have been few Native American-owned businesses in town. Now, a Red Lake tribal member has opened a new restaurant. It’s believed to be the first …

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