Latest News for: loan lending

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More credit to large companies in FY24, personal loans slow

The Economic Times 02 May 2024
Lending to large companies that shrank during the Covid period ...
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Apps allow workers to get paid between checks, but

The Nashville Ledger 02 May 2024
Critics also say the costs of the loans are not always transparent ... The average APR for a loan repaid in seven to 14 days was 367%, a rate comparable to payday lending, according to a report from the Center for Responsible Lending.
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KeyBank Survey Finds Signs of Confidence With Small Business Owners Coupled With Concerns About Inflation, ...

ACCESSWIRE 02 May 2024
... loans and lines of credit ... Small Business Administration (SBA) in October 2023 for total approved loans through the SBA's 7(a) lending program during the federal fiscal year ending October 2023.
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SK Finance files DRHP with SEBI to raise ₹2,200-crore via IPO; details here

Live Mint 02 May 2024
... purposes.The vehicle finance and business loans-focused non-bank lender has been operating in two verticals -- vehicle financing and financing for Micro, Small and Medium Enterprises (MSMEs).
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Midd to vote on $17M upgrade for Ilsley Library

Addison County Independent 02 May 2024
If people needed access to library materials unavailable at the Duclos building, Ilsley staff would help them get what they need through inter-library loans, Hart said.
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Commercial Bank entering Grand Rapids-area market with new branch office

Grand Rapids Business Journal 01 May 2024
Louis, Middleton, Okemos, Mason, Hastings, Greenville, plus a lending office in Alma ... The bank’s “sweet spot” for commercial loans ranges from $500,000 to $4 million, with a regulatory lending limit of $6.5 million.
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Number of equity release customers drops as borrowers wait for rates to fall

The Daily Mail 01 May 2024
These focus on the need for providers needing to be consistent with their lending criteria and not move the goalposts after customers have taken out a loan, as this can make it harder for them to ...
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DBN Disburses N786bn to Economy with Zero Non-performing Loans

This Day 01 May 2024
Further commenting on loan repayment, he said, “Again, we give the credit to the financial institutions we work with; we give credit to the end borrowers that we work with, and I’m sure ...
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IFCI turns a corner with advisory biz; posts first profit in 7 years

Live Mint 01 May 2024
It owns prime real estate and holds stakes in several companies, including StockHolding Corporation of India.The company curtailed its lending operations in recent years after being saddled with bad loans.
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‘Don’t Panic’: 5 Tips to Help Homebuyers Cope With 7% Mortgage Rates

The Sun News 01 May 2024
According to Freddie Mac’s benchmark survey, the rate on a 30-year, fixed-rate loan is averaging 7.17% — more than half a percentage point higher than at the start of the year ... New Loan Type ... Loan Amount.
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Afreximbank Report: CBN’s Reforms Yielding Results

This Day 01 May 2024
The report further noted that the hike in interest rate by the CBN would have different impacts on the economy, influencing various sectors of the economy through “higher borrowing costs, as lending rates rise in line with the MPR.
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Top Workplaces 2024: The best midsize companies to work for in Colorado

Denver Post 01 May 2024
Editor’s note ... No. 1. West + Main Homes ... 6 ... Cornerstone Home Lending ... Cornerstone Home Lending is a full-service residential mortgage banker. Cornerstone’s home loan transactions are handled in-house to ensure the company meets its agreed-upon closing date.
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Excluding the merger impact loans to services grew faster than retail in FY'24

The Times of India 30 Apr 2024
... of retail loans by assigning higher risk weights to unsecured lending, slowing their growth.
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Taylor Bank Announces Opening of Loan Production Office in Salisbury, Maryland

ACCESSWIRE 30 Apr 2024
Taylor Bank (the "Bank"), announced it has established a new Loan Production Office (LPO) in Salisbury, Maryland, to further serve the commercial lending needs of the community.
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