Latest Business Loans news:

Small Business Association offers disaster loans
By Shelly Sites Friday, July 18, 2008 at 8:03 p.m. AMARILLO -- Drought around the high plains has prompted the U.S. Small Business Association to offer low interest disaster loans to non-fam businesses. Businesses in the drought stricken counties may be eligible.
Read more News Source - KVII 7 Amarillo
Publish date - 01:06:54 07/19/08

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Small-business briefs
Companies hit by hurricanes and other natural disasters will be able to draw down larger loans from the Small Business Administration. The Small Business Disaster Response and Land Improvement Act, enacted recently, increases the cap on disaster loans from $1.5 million to $2 million. In addition, eligible homes and businesses will be able to take out a $14,000 disaster loan without collateral. ...
Read more News Source - Miami Herald
Publish date - 20:12:52 07/18/08

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Group says bank overdraft fees rival payday loans
LITTLE ROCK - As co-founder of Arkansans Against Abusive Payday Lending, Hank Klein was one of the first in the state to cry foul about the industry's use of the term "fee" to describe its charges for short-term loans.
Read more News Source - The Morning News
Publish date - 07:34:02 07/20/08

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When Scott Almeida walked out of federal prison and into the mortgage business, he took a gamble
When Scott Almeida walked out of federal prison and into the mortgage business, he took a gamble. He admitted on his license application that he had been convicted of cocaine trafficking.
Read more News Source - Miami Herald
Publish date - 07:23:59 07/20/08

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Deadline to Apply for SBA Economic Injury Disaster Loans Is August 18
The U.S. Small Business Administration is reminding businesses in Illinois that Economic Injury Disaster Loans are still available to small businesses economically impacted by the severe storms and flooding that occurred on August 20 - 31, 2007.
Read more News Source - PR Newswire via Yahoo! News
Publish date - 21:33:41 07/18/08

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People in Business
Tonya Patrick has joined the Bank of Fayetteville as vice president and general counsel. Patrick's duties will include management of problem loans, supervision of outside counsel and litigation, and management of special assets. Patrick will also provide general legal support for the bank. Patrick previously worked as an attorney in a private practice in Fayetteville.
Read more News Source - The Morning News
Publish date - 07:32:50 07/20/08

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SBA: Iowa disaster loans top $100 million
The value of disaster loans approved by the U.S. Small Business Administration from flooding and tornadoes this spring in Iowa has passed the $100 million mark.The agency as of Thursday had approved more than $101.1 million in disaster loans, according to Joe Folsom, the agency's district director for Iowa.Totals could go much higher. Disaster victims have until Sept. 29 to file applications for ...
Read more News Source - The Gazette
Publish date - 08:14:40 07/18/08

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M&T ahead of pack on SBA loans
M&T Bank has surpassed the $20 million mark for loans approved year to date through Small Business Administration programs.
Read more News Source - Business First of Buffalo
Publish date - 13:20:48 07/18/08

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SBA disaster loans offered to businesses
The U.S. Small Business Administration has announced federal economic injury disaster loans are available to small businesses, and private non-profit organizations in Mississippi as a result of freezing temperatures that occurred on April 15.
Read more News Source - Hattiesburg American
Publish date - 11:32:37 07/18/08

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Romney to Write Off Loans to Aid Party
MUSKEGON, Mich., July 17 -- Former Republican presidential candidate Mitt Romney will reclassify as a gift $45 million in loans he made to his campaign, his spokesman said Thursday, ensuring that he will not compete with presumptive GOP nominee John McCain for donations.
Read more News Source - Washington Post
Publish date - 15:33:28 07/18/08

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Some banks stop student loans
KINGSVILLE — Texas A&M University-Kingsville students who have borrowed from Kleberg Bank, the university's largest student loan lender, will have to find a new source for loans.
Read more News Source - Corpus Christi Caller-Times
Publish date - 09:02:24 07/19/08

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Mercantile Commercial closes three loans for $7.5M
Mercantile Commercial Capital LLC closed on four commercial loans in June totaling $7.5 million.
Read more News Source - BizJournals
Publish date - 18:19:14 07/18/08

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Microlending Pioneer Grameen Bank Opens US Branch
New York -- Grameen Bank, acclaimed for improving the lives of the poor in Bangladesh by providing tiny business loans, has begun operations in the United States.
Read more News Source - Scoop.co.nz
Publish date - 17:58:56 07/19/08

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Inland economy's troubles pull business, local-government leaders into huddle
Business and government leaders from western Riverside County banded together Friday to look for local ways to reduce mortgage failures and revive the Inland economy now reeling from the housing crisis.
Read more News Source - The Press-Enterprise
Publish date - 07:17:22 07/19/08

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Business bankruptcy filings leap in 2008
Driven by a sour economy and skittish consumers, U.S. business bankruptcies saw their sharpest quarterly rise in two years, jumping 17 percent in the second quarter of 2008, according to an analysis by McClatchy Newspapers. Commercial filings for the first half of 2008 are up 45 percent from last year, as the national climate for commerce continues to deteriorate amid rising energy and food ...
Read more News Source - The Charlotte Observer
Publish date - 04:09:13 07/19/08

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