Latest Secured Loans news:

Farmers with $250m in loans anxious about company's future
South Canterbury Finance's collapse with hundreds of rural sector loans worth more than $250 million raises questions about the risk to the nation's agricultural engine room.The company said in its April prospectus that it had...
Read more News Source - The New Zealand Herald
Publish date - 19:19:43 08/31/10

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Eterindo secures US$2.2 million loan
JAKARTA: PT Eterindo Wahanatama Tbk, bio-diesel and chemical manufacturer, secured a short-term debt from Bank SBI Indonesia as much as US$2.2 million or IDR19.89 billion which will mature on August 31 2011.
Read more News Source - Bisnis Indonesia
Publish date - 07:44:48 09/02/10

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Zim secures $50m loan to revive economy
Zimbabwe has secured a 50-million-dollar (39.3-million-euro) loan facility from the Africa Export Import Bank to revive its agriculture and manufacturing industries.
Read more News Source - Mmegi
Publish date - 03:23:48 09/02/10

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Three Essential Reads on The Housing Market Right Now
Smart reads about America's once-favorite pastime.
Read more News Source - Forbes
Publish date - 15:06:08 09/02/10

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Finance and Banking
As a source of steady income, trust companies had been taking loans off the books of banks and repackaging them up as trust products. China Banking Regulatory Commission ( "CBRC" ) became alarmed when the volumes grew too big and in early July, CBRC abruptly closed down the entire business by ordering trusts to halt all cooperation with banks.
Read more News Source - Mondaq
Publish date - 06:29:12 09/02/10

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Motorcar Parts of America Loans $1.9M to Fenwick
Motorcar Parts of America loans $1.9 million to Fenwick with option to acquire part of company Shopping - Phoenix Motorcars - London - Hawaii - California
Read more News Source - ABC News
Publish date - 20:58:57 08/30/10

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Continental to Raise $960 Million from First European Junk Bond in a Month
Continental AG , Europe’s second- largest auto parts supplier, will sell at least 750 million euros ($962 million) of bonds in the region’s first junk issue in a month.
Read more News Source - Bloomberg
Publish date - 10:59:45 09/02/10

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Lapolla Receives $12.5 Million Asset-Based Loan From Bank of America Business Capital
HOUSTON, TX--(Marketwire - 09/02/10) - Lapolla Industries, Inc. ("Lapolla") (OTC.BB: LPAD - News ), a leading manufacturer and supplier of insulation foam, coatings, and equipment, focused on commercial, industrial and residential applications in the insulation and construction industries, today announced receiving a $12.5 Million senior secured credit facility from Bank of America Merrill Lynch ...
Read more News Source - Marketwire via Yahoo! Finance
Publish date - 13:59:16 09/02/10

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Colonial, Texas Rangers, Mexicana, Ronson, Cozumel: Bankruptcy
Bank holding company Colonial BancGroup Inc. won a major victory over the Federal Deposit Insurance Corp. when the bankruptcy judge in Montgomery, Alabama, ruled on Aug. 31 that Colonial hadn’t made an enforceable agreement to make up a $1 billion capital deficiency at the bank unit.
Read more News Source - Bloomberg
Publish date - 04:24:54 09/02/10

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House prices set to slump even further as home loans stay scarce
The housing market faces a "double-dip" recession this year, with falling prices and a rising tide of negative equity hitting homeowners hard.
Read more News Source - Independent
Publish date - 10:44:02 09/01/10

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Peer-to-peer lending and saving: Making everyone happy
Funding Circle gives savers interest of up to 9% and small businesses cheap loans. But what are the risks of peer-to-peer lending over the internet? Small businesses are starved of loans from Britain's cash-strapped banks and savers are receiving miserable interest rates on their deposits. How about bringing them together on the internet and cutting out the banks, so that businesses find loans ...
Read more News Source - Guardian Unlimited
Publish date - 15:20:45 09/02/10

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2 more jurors needed in Montgomery trial
Jury selection came closer to wrapping up Wednesday in the Demeatrius Montgomery trial, with prosecutors and defense attorneys agreeing on three more jurors.
Read more News Source - The Charlotte Observer
Publish date - 12:13:39 09/02/10

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We are targetting retail portfolio for 50:50 ratio of secured & unsecured loans in 5 yrs
Barclays, which notched up losses in its unsecured loan portfolio in India during the downturn, and was forced to...
Read more News Source - Express India
Publish date - 21:28:52 08/30/10

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Lapolla Receives $12.5 Million Asset-Based Loan From Bank of America Business Capital
Financing Adds Working Capital and Strengthens Balance Sheet
Read more News Source - Marketwire
Publish date - 14:15:21 09/02/10

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Motorcar Parts of America loans $1.9M to Fenwick
Motorcar Parts of America said Monday that it has loaned $1.9 million to Fenwick Automotive Products, Ltd. an investment that could lead to it taking a major stake in Fenwick. The investment is structured as a secured loan with an option to obtain "... Loan - United States - Secured loan - Business - Automobile
Read more News Source - San Francisco Chronicle
Publish date - 21:05:39 08/30/10

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