Business loan

Lamont’s $150m small business loan scheme is ‘insulting’

A day after Governor Ned Lamont unveiled a $150 million small business loan program, Bob Stefanowski, his GOP opponent, went on the offensive, saying the funding would do little to help. businesses struggling with the highest inflation in 40 years. With the state posting a $5.5 billion budget surplus, $150 million in small business loans […]

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DECD Announces $150 Million Small Business Loan Program |

Businesses and nonprofits with fewer than 100 full-time employees may now be eligible for a boost from the newly created Connecticut Small Business Boost Fund. The Department of Economic and Community Development announced July 25 the $150 million loan program in partnership with Connecticut private lenders. DECD Commissioner David Lehman said banks would provide the […]

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Business Loan Calculator: Interest Rates and Payments

A business loan calculator can help you determine the monthly payments and total interest charges for a small business loan. To use the calculator, enter your: Amount of the loan. Duration of the term of the loan. Annual interest rate. Find out how much your business loan really costs You can adjust the loan amount, […]

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8 Reasons Green Business Loan Applications Get Rejected

Are you interested in starting a green business? This is a noble goal to consider! There are many great green business ideas that can be both profitable and help the planet. This is one of the best times to start a green business because support is higher than ever. A growing number of consumers are […]

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Arizona ranked last nationally for small business loan approvals

PHOENIX (3TV/CBS 5) — Small businesses are the heart of any community and are vital to the economy. But recent data from the US Census Bureau places Arizona at the bottom of the national scale when it comes to small business loan approvals. Of 744 small business loan applications in Arizona, only one is approved. […]

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Why should you use an online business loan interest rate calculator?

Whether you are starting or expanding your business, you will need access to commercial financing at some point to ensure your business grows. However, with so many different business loan products on the market, it can be difficult to compare. Business Loan Rates and determine which offer best suits your business. This is where […]

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Small business loan approvals from some lenders edged up in June

Loan approval rates continue to rise slowly, with smaller banks and alternative lenders seeing the strongest growth in June. Of all the lenders, loan rates only went down with credit unions, and that was only a 1% drop. “We are far from pre-pandemic approval percentages, however,” said Biz2Credit CEO Rohit Arora. “Still, these are positive […]

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Documents you will need to complete a business loan application

Business loans play a crucial role in the success of any bakery. But the application process isn’t exactly the easiest part. One of the most critical aspects of loan applications is submitting the right documents. The purpose of the document requirement is to give lenders an inside look at your bakery business. It also allows […]

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Get Rs 5 Lakh loan instantly to start your business, here is how to apply

The “Merchant Loan Program” in the Paytm for Business app is where loans can be obtained. Based on the merchant’s regular transactions, the algorithm establishes their creditworthiness and generates a prequalified loan offer. There are no prepayment penalties for these […]

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12 ways to grow your business with a business loan

A timely injection of capital into your business helps you open new doors of opportunity. It prepares you to face all the challenges that stand in your way to success. The ease of access to business financing helps you overcome all the small and big challenges of your business. If you are taking a business […]

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Lumi Lux offsets rising business loan rates with automatic discounts

Rising interest rates and fragile consumer confidence have tested many Australian business owners this year, but non-bank lender Lumi hopes to extend a lifeline with an innovative business loan option. Called Lumi Lux™, the loan rewards good repayment behavior with periodic discounts. As long as there are no loan repayment arrears, defaults or loan breaches, […]

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Lendio receives new certification for its small business lending market

Lehi – Lendio, the nation’s leading small business financial solutions provider, announced that it has earned its SOC 2 certification from the American Institute of CPAs (AICPA) for its small business lending market. SOC 2 is a voluntary compliance standard issued by external auditors to ensure that service providers handle their data securely to protect […]

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$75,000 business loan | Navigation

Many small business owners seek out small business loans ranging from $10,000 to $1 million when they need help with business expenses like real estate, utilities, equipment. , inventory, payroll, marketing or other operational expenses. A $75,000 business loan could be the perfect solution for small business owners looking to start or expand their small […]

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Business Loans Market Status and Forecast (2022E-2028F) by Region, Product Type and End-Use – Designer Women

This Global business loan market The research report plays a vital role in providing comprehensive insights into the growth and destruction of the Business Loans industry. The report acts as a necessary medium to propel the knowledge of business loan market participants on the global business loan economy in the new post-Covid-19 era. The study […]

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EBITDA and your business loan

There are many tools that business owners use to determine the financial success or profitability of their business, and one of them is called “EBITDA”. EBITDA is the acronym for “Earnings Before Interest, Taxes, Depreciation, and Amortization”. In some contexts it is used as an alternative to a company’s net income, but in general its […]

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NeoGrowth Launches Accelerator Commercial Loan Offering

NeoGrowth Launches Accelerator Commercial Loan Offering By Leandra Monteiro June 27, 2022 Account aggregator Credit score Digital Loan NeoGrowth, the MSME-focused FinTech lender leveraging the digital payments ecosystem, has announced the launch of its new business lending offering, NeoGrowth Accelerator. The company is now live on the account aggregator framework to further strengthen digital lending […]

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Best $40,000 Business Loan Options

If there’s one thing business owners always think about, it’s how and where they can get financing for their business. It can be scary to have a great idea for a business but no money to start it or keep it growing. Until your business is up and running and generating a steady stream of […]

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Three Small Business Loan Alternatives

Banks and credit unions tend to offer the most affordable business financing, if your business can qualify. Only a fraction of small business loan applications are approved, and this disparity is growing. According to the Federal Reserve’s 2022 Small Business Credit Survey, approval rates for both small and large banks declined from 2019 to 2021. […]

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Business Loan Approval Rates Show Slight Increase in May, Says Biz2Credit Report

Biz2Credit Small Business Loan Index June 2022 Loan approval rates continue to slowly increase, with large and small banks seeing the strongest growth in May. “The continued incremental increase in loan approval percentage is encouraging,” said Biz2Credit CEO Rohit Arora. Aurora noted that the majority of small business loan financing is variable rate. As interest […]

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Business Loan Market by Covid-19 Impact, Competitive Landscape, SWOT Analysis, Opportunities & Challenges, Growth by 2022-2028 – Designer Women

The global business lending market research report is an in-depth analysis of the corporate lending industry as a whole, while delving into the most decisive and prevalent growth factors and restraints, followed by key market opportunities. The competitive scenario of the global Business Loans Market is extensively discussed in the report, keeping in mind different […]

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Small Business Loan Approval Rates Rise Again in Ma

Approval rates for small business loans at large banks (over $10 million in assets) fell from 15.1% in April to 15.3% in May, while approval rates for Small banks (less than $10 billion in assets) also rose, rising 20.8% in April. to 20.9% in May, according to the latest Biz2Credit Small Business Lending Index. Among […]

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What accelerating business loan portfolio growth means for banks « ROGER MONTGOMERY

What accelerating business loan portfolio growth means for banks The Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA) released loan and deposit statistics for the month of April last week. The data shows a further acceleration in the growth of the loan portfolio, which is now at its highest level since […]

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Can’t get a business loan? Consider these alternatives

Banks and credit unions tend to offer the most affordable business financing, if your business can qualify. Only a fraction of small business loan applications are approved, and this disparity is growing. According to the Federal Reserve’s 2022 Small Business Credit Survey, approval rates for both small and large banks declined from 2019 to 2021. […]

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Seymour launches small business loan program

SEYMOUR — Renovating a storefront or expanding a business can be expensive, but businesses in Seymour can now count on a municipal loan program to help them through the process. First Woman Select Annmarie Drugonis announced the Showtime for Seymour grants and loans program at a May 17 Selectman board meeting. The board approved the […]

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business loan for women: how to apply for a business loan for women

Tanvi is a well-known businesswoman who owns a boutique in Delhi. It has consumers across the country and it receives the majority of its business orders through an online platform. His business has grown significantly in recent years. And to keep up, she plans to open a second store, but in another city. However, due […]

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Entrepreneurs: is trade finance better than a business loan or a credit card?

Dubai: It’s a small business owner‘s nightmare when your company lands a large order of goods but lacks the funds to pay for manufacturing and delivery. If you fail to provide the necessary funds quickly enough, your business risks losing the order and possibly a valuable customer relationship as well. Many small business owners stuck […]

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SBS Funding Group Announces 56% Growth in Corporate Loan Volume

SBS Funding Group continues to fuel the expansion of busy entrepreneurs with dedicated, technology-driven services. SBS Funding Group, a global leader in effective business financing, today announced business loan volume growth of 56% year-over-year, reflecting a positive outlook for entrepreneurs looking to finance projects. short-term and long-term business plans. The announcement also marks greater flexibility […]

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Mistakes to avoid when applying for a business loan – Forbes Advisor INDIA

Applying for a business loan is a fairly simple process. Lenders have set eligibility criteria regarding the applicant’s age, business vintage, annual turnover, etc. In addition, a few documents must be submitted at the time of loan application such as KYC documents of the owner or establishment, the company’s proof of address, financial documents, etc. […]

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Banks concerned about low activity and falling volume of loans to small businesses | News

The Estonian Banking Association said the corporate loan portfolio fell below 300 million euros for the fourth month in a row. The private loan portfolio exceeded 10.5 billion euros at the end of March. Banks are recording gains on business loans this spring well below normal, while the portfolio has increased a little further and […]

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Funding Circle Introduces Small Business Loan Program to BancAlliance Network

DENVER–(BUSINESS WIRE)–Funding Circle, one of the leading online small business lending platforms in the United States, has launched a new program for BancAlliance, a network of more than 325 community banks, where participating members can purchase from a diverse pool interest in small business loans from Funding Circle’s platform. This innovative program offers BancAlliance member […]

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Local fintech launches new small business lending model

“Moneytech supported us with fantastic flexibility and options. Because we had access to a credit facility, we never left our supply chain, which meant we could keep everyone working and the wheels were turning, Jackson said. “We are a national company and there was only one period when all states were in lockdown simultaneously. Otherwise, […]

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Small business loan approvals down more than 50% since January 2020

Small businesses are finding it increasingly difficult to borrow over the past year. This is problematic given the impact of the COVID-19 pandemic on this group. At a time when businesses need more borrowing options, the opposite seems to be happening. Thousands of small businesses have struggled during the coronavirus pandemic, and for some the […]

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How to get a small business loan with bad credit

Image source: Getty Images Bad credit doesn’t have to make your business unbankable. The Ascent shows you how to get a small business loan even if you have bad credit. Our local convenience store recently closed for a few weeks for renovations. When it reopened I was pleasantly surprised to find self checkouts available. The […]

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Man pleads guilty to abusing pandemic relief business loan – Mississippi’s Best Community Newspaper

STARKVILLE, AP — A Mississippi man pleaded guilty Monday to a federal wire fraud charge for misusing more than $6 million in business loans under a pandemic relief program, officials said. the prosecutors. Rather than using the money for his businesses, Christopher Paul Lick admitted to using it for personal stock market investments and buying […]

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Man pleads guilty to abusing pandemic relief business loan | Mississippi News

STARKVILLE, Mississippi (AP) — A Mississippi man pleaded guilty Monday to a federal wire fraud charge for misusing more than $6 million in business loans under a pandemic relief program, prosecutors said. Rather than using the money for his businesses, Christopher Paul Lick admitted to using it for personal stock market investments and buying a […]

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Everything you need to know before signing – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Business loan agreements govern the relationship between borrowers and lenders by detailing key information such as repayment terms and collateral. The loan agreement protects all parties to the contract by ensuring that […]

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Slight increase seen in small business loan approval rates

Loan approval rates continue to rise slowly, but “still far from pre-pandemic highs”, according to Biz2Credit CEO Rohit Arora. Biz2Credit is an online lending platform and publishes monthly loan approval rate reports. The report is based on loan applications from 1,000 small business owners. The report includes loan approval rates through April 2022. Small business […]

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7 Reasons Your Business Loan Was Denied – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Finding out that your business loan has been declined can be frustrating and scary, especially if you need funds to start your business or keep it running. Fortunately, there are a few […]

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Self-Storage Financing: Loan Options for Small Businesses

What is self storage financing used for? Self-storage businesses often generate reliable and profitable revenue streams. They can also enable valuable tax advantages such as capital cost allowances and cost separation strategies. Nonetheless, running a self-storage business can be financially challenging, especially if your cash flow is tight. Enter: Self storage financing. These loans can […]

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Essential Steps to Getting a Small Business Loan

Starting a small business is very different from what its name might suggest. From product development to advertising, there are more demands of a small business owner than they can possibly keep up with. One of the most important of these is the financing component of the business. Without proper and sufficient financial support, even […]

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Enova doubles number of small business loans year over year

Enova’s small business lending arm, powered primarily by OnDeck, generated $659 million in the first quarter of 2022. This was more than double the volume from the same period in 2021 and a 14% sequential increase from compared to the fourth quarter of 2021. Overall, Enova reported first-quarter net income of $52 […]

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North Central Chamber Launches $5,000 Quick Business Loan Program

The North Central Massachusetts Chamber of Commerce announced Monday that its economic development affiliate, the North Central Massachusetts Development Corp., is launching a new small business loan program. Known as the Funding and Support Loans Program, or FASTrack, it provides loans of up to $5,000 and makes decisions on applicants within two business days of […]

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YWCA Tulsa launches small business loan program for women

The YCWA of Tulsa is launching a small business start-up loan program for women business owners. The group also held a networking event at the Patti Johnson Wilson Center for Women to learn more about the program on Saturday. Related story: YWCA Tulsa offers new program to help women entrepreneurs Four local businesswomen shared their […]

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Teachers Credit Union enhances business loan offerings with SBA partnership • Northwest Indiana Business Magazine

Teachers Credit Union has expanded its business loan offerings. The South Bend-based lender announced it has partnered with the Small Business Administration, which designated the credit union as an SBA lender. The partnership provides TCU with a wider selection of commercial loans to offer to entrepreneurs and small business owners. “We are thrilled to welcome […]

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How to Apply for a First National Bank FNB Business Loan for South Africans

How to Apply for a First National Bank FNB Business Loan for South Africans In today’s Npower Focus Group Business Finance Advice, we discuss how to apply for a First National Bank FNB business loan for South Africans to grow and grow your business. So let’s get straight to the point! FNB is South Africa’s […]

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Mango links business loans to sustainability goals

// Mango has added sustainability goals to its business loan repayment terms // Fashion retailer will refund less if it meets goals like using 100% sustainable cotton Fashion retailer Mango has added sustainability criteria to its business loan terms for the first time. When extending the repayment date of its main syndicated loan until 2028, […]

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3 business loan myths busted

THERE IS a very common myth among Filipinos that if a business borrows money, it means the business is failing. “Maraming utang ‘yan”, some will say. But in reality, the businesses that get loans are actually the most profitable! After all, banks and other lenders also need to make money, and the only way to […]

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Small Business Loan Market to Witness Huge Growth by 2027

The small business loan market could set a new growth story This press release was originally distributed by SBWire New Jersey, USA – (SBWIRE) – 04/12/2022 – A small business loan, also known as a commercial loan, is a loan product designed specifically for investing in a business. Small business loans meet the urgent needs […]

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Local banks could help bolster black business loan program

Everyone loves a story with a happy ending. Unfortunately, when it comes to a state-sponsored program to provide loans to Black-owned businesses, I don’t think we’re there yet. A few weeks ago, I wrote a column about the Black Business Loan Program, administered by the state Department of Economic Opportunity. The program, which has been […]

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UK government seeks to make Covid business loan scheme permanent

UK government officials are in talks with UK bankers to provide a permanent replacement for the various schemes that have helped banks lend to struggling businesses during the pandemic. According to several people familiar with the talks, officials from the Department for Business, Energy and Industrial Strategy have been polling bank executives to get their […]

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Iacono joins First Northern Bank’s agricultural business lending team

Tanya Iacono has joined her agricultural business lending team as Vice President/Commercial Lending Officer for First National Bank in Dixon. DIXON — Tanya Iacono has joined its agricultural business lending team as vice president and head of commercial lending, First Northern Bank announced. She served as the Commercial Relations Manager for Citizens Business Bank in […]

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OPINION: How New Age NBFCs are Changing the Small Business Lending Landscape in India

As of March 2021, the total loan market size in India stood at ₹156.9 lakh crore, registering growth of around 100% from FY2017 to FY2021. each contribute 49% of total loans in India while microfinance contributes about 2%. In recent years, there have been commendable targeted policy initiatives such as Jan Dhan Yojana, Mudra Yojana […]

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3 tips before taking out your first business loan

With the gradual easing of Covid-19 restrictions across the UK, you may be considering taking on some form of debt to fund your business goals. Here are three tips to consider before taking out your first business loan. 1. Ask – “What is debt for?” Any debt must eventually be repaid and comes with a […]

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Small business loan funding jumped 27% in 2021: report

Small business financing increased in 2021, with the average loan size exceeding $700,000, according to Business.org’s State of Small Business Financing report. (iStock) The number of small business applications jumped in 2021, and with that, applications for small business loans also increased, according to a new report from Business.org. Small business loan applications jumped 24 […]

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Tips for getting a business loan

Illustration by Mohamed Hassan/Pixabay. At some point, most small business owners will go to a bank or other lending institution to borrow money. Understanding what the lender wants and how to approach it correctly can mean the difference between getting a loan or not. Understand the basics form the bank It is essential to present […]

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Funding Circle and Pitney Bowes Announce Small Business Lending Partnership

Funding Circle, the online small business lending platform, has partnered with Pitney Bowes, a global shipping and courier services provider, to provide more affordable small business loans. Under the partnership, Funding Circle’s technology and machine learning platform will combine with Pitney Bowes’ logistics and financial services. Pitney Bowes and Funding Circle Small Business Loan Partnership […]

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Small Business Loan Options in DC

Small business owners from both sides of the District of Columbia flock to the city because of its warm welcome. With so many resources in Maryland and Virginia for small businesses, you’re set for success right from the start. How a Small Business Loan Can Help Your DC Business There are a number of lenders […]

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Small Business Loan Options in Wyoming

Entrepreneurs in the state of Wyoming may not know that they have powerful partners and business resources in the Cowboy State. Whether you’re looking for working capital to help grow your business or need someone to brainstorm, there are plenty of resources to help. How a Small Business Loan Can Help Your Wyoming Business Let’s […]

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2,01,863 proposals of Rs. 39,580 crore in BUSINESS LOAN category disbursed through psbloansin59minutes.com portal

17,791 proposals worth Rs. 1,689 crore in the RETAIL LOAN category disbursed through the portal Since the inception of the psbloansin59minutes.com portal on 25.9.2018, till 28.2.2022, 2,01,863 proposals amounting to Rs. at Rs. 1,689 crore was disbursed in the retail lending category. This was stated by the Union Minister of State for Finance, Dr Bhagwat […]

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The small business loan market is booming worldwide

“Global Small Business Loan Market Research Report 2022”This research report offers Covid-19 outbreak study accumulated to offer the latest information about the acute characteristics of the Small Business Loans Market. This intelligence report includes investigations based on Current scenarios, historical records and future predictions. The report contains different market forecasts related to the market size, […]

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Avoid These Mistakes on Your Business Loan Application and Increase Your Chances of Approval

Access to affordable capital is essential to running a small business. Still, the business loan application process can be daunting — and approval isn’t a sure thing, even if you have good credentials. According to the Federal Reserve’s 2021 Small Business Credit Survey, 12% of businesses that needed financing but chose not to apply did […]

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Unibank offers a “special” commercial loan at 8.5%

Unibank has announced a new product for entrepreneurs. A “special” business loan can be obtained in Armenian drams or US dollars for up to 60 months. Special is provided for business purposes or to refinance loans in other banks. The client can get up to 250 million AMD or 500,000 USD. When applying for a […]

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Rise in small business loan fraud blamed on pandemic

Loan fraud among small and medium-sized businesses has increased by 6.9% since 2020. More than a third of the growth in small and medium-sized business loan fraud is attributed to the pandemic. This is one of the key findings of the LexisNexis Risk Solutions Small and Medium Enterprise (SME) Loan Fraud Study. Rise in small […]

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Utah Commercial Business Loan Broker, Monarch Commercial Capital Advocates for Clients Nationwide

Salt Lake City, Utah- The days of searching for the right commercial real estate financing and SBA loans are over. Now business owners are finding a broker that works for them and helps them find the right loan for their situation. This way, many business owners are able to find the best deals that feel […]

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City women and ‘full steam’ minority business loan program with operational tweaks – Reuters

SALISBURY — After a month-long hiatus, the city’s partnership with the Kiva micro-loan program for women and minority-owned business owners is now in full steam with tweaks to how the model will operate in Salisbury. Salisbury City Council has suspended the no-cost, no-interest micro-loan scheme to iron out communication and organizational issues. Kiva is a […]

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Looking Ahead: How a Business Loan Can Help Prepare for Future Growth | farm online

Story in partnership with Savvy. One of the keys to business success is that even in good times, you never stop investing in your business and planning for the future. With heightened optimism in many parts of Australia at the moment, many small businesses are recognizing that now is the perfect time to put this […]

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Commercial loan for EV charging station

India is projected to be the third largest automotive industry by 2030. India has huge renewable energy resources and skilled manpower in manufacturing and technology sectors. And therefore, shifting the focus to electric vehicles (EVs) will increase resources. According to research studies by the Center for Energy Finance, it is expected to create a market […]

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Winchester man found guilty of COVID small business loan wire fraud, tried for more than $13 million

A Winchester man has been found guilty of fraudulently soliciting more than $13 million in forgivable loans for small businesses battling the COVID-19 pandemic. Elijah Majak Buoi, 40, was arrested and charged with four counts of wire fraud and one count of misrepresentation to a financial institution in June 2020 and indicted by a federal […]

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3 business loan application mistakes and how to avoid them

AAccess to affordable capital is essential to running a small business. Still, the business loan application process can be daunting — and approval isn’t a sure thing, even if you have good credentials. According to the Federal Reserve’s 2021 Small Business Credit Survey, 12% of businesses that needed financing but chose not to apply did […]

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ANZ lifts floating rates on personal and business loans, warns of more hikes to come

Business 23 Feb 2022 22:503 minute read ANZ will increase its floating home and commercial loans. Photo / Steven McNicholl ANZ will raise interest rates on its floating and flexible home and business loans as the first major bank to act following yesterday’s rise in the official exchange rate. The Reserve Bank raised the OCR […]

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Beware of commercial loan sharks

Running a small business is tough at the best of times, and the COVID-19 pandemic has certainly hit small businesses particularly hard. Near the top of the list for entrepreneurs is the need for capital and especially business loans in times of stress or expansion. In recent years, a plethora of new non-bank loan products […]

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Should you take out a business loan to deal with inflation? – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Small businesses across the country have faced many challenges over the past few years. And now, in addition to Covid-19 and supply chain issues, inflation is taking its toll on small business […]

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7 Ways to Get a Small Business Loan With Bad Credit

Having trouble getting a loan because of bad credit? If so, then don’t worry. There are ways to get a loan even if you have bad credit. Bad credit means you’ve had problems paying bills or repaying loans in the past. This usually happens due to late payments, defaults, bankruptcies, etc. However, with proper research, […]

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Harbor Bank and Cerebro Capital commit $50 million to small business lending program

Harbor Bank of Maryland on Wednesday announced a partnership with Cerebro Capital, a commercial lending marketplace, to provide $50 million in loans to small businesses in the Baltimore-Washington metro area. The program, which will provide loans of up to $2 million, aims to increase access to capital for minority-owned businesses, which have traditionally been underserved […]

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Fort Bend County Small Business Loan Program Nears Approval

Eligible businesses must have been significantly impacted by the pandemic or be a new business that will contribute to the county’s economic recovery. (Courtesy of Fotolia) $2 million will potentially be available for small businesses in Fort Bend County that have been impacted by the COVID-19 pandemic through the Regional Revolving Loan Program. The program […]

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Ways to Get a Small Business Loan

Small business loans are easier than ever to access. You can obtain financing from a traditional bank or an online lender, and there are several options to choose from. However, navigating the loan process from start to finish can be difficult as you will need to find the best lender and the best loan product […]

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Here’s how to get a business loan in Bangalore in 24 hours

Financial aid acts as a perfect growth catalyst for micro-small and medium-sized enterprises (MSMEs). Acquiring the necessary funds at the right time can help small business owners meet short-term obligations, expedite renovations, invest in equipment upgrades, manage inventory, and more. Considered the startup capital of India, Bangalore has one of the best entrepreneurial ecosystems in […]

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How much collateral is needed for a business loan? – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. When researching how to get a business loan, you’re sure to come across a common term: collateral. Collateral is a common business loan requirement, but it is not necessary with all types […]

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New commercial loan available for parts of NEMO

HANNIBAL (WGEM) – Economic development officials are working to grow businesses in Marion and Ralls County. They were approved earlier this week to provide some of the money needed to make it happen. Hannibal Industrial Development Co. is working with Hannibal Regional Economic Development Corporation to launch a new revolving loan program. The goal is […]

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Port Authority Approves Pilot Business Loan Program | News, Sports, Jobs

LISBON — Local businesses that need a bit more capital to complete a project could potentially benefit from a loan program being considered by the Port Authority of Columbiana County. The council has approved a request from Port Authority executive director Penny Traina to develop a pilot business loan scheme, which she says could be […]