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small business loans
REDWOOD CITY, Calif. - As the effects of the economic collapse began pouring down Main Street, the government last year was left holding a record $2.1 billion in write-offs of small business loans it had guaranteed. Officials expect the number of ...
(AP) As the effects of the economic collapse began pouring down Main Street, the government last year was left holding a record $2.1 billion in write-offs of small business loans it had guaranteed. Officials expect the number of defaults to rise as ...
AP INVESTIGATION: Main Street's Soaring Sour Loans - CBS News
FAIRFIELD – Al Smith says he will stay on the roof of his Fairfield business on Ohio 4 as long as it takes to get some help. At stake is his Fairfield home and two remaining Dalton Georgia Carpet outlets – the Dixie Highway one where he’s ...
He's going to great heights for a loan - Cincinnati.com
Associated Press Chris Sakelarios, left, talks with her business partner Eric Geedey at Caffe Sportivo in Redwood City, Calif. Sakelarios opened Caffe Sportivo after taking out a $20,000 SBA loan from Union Bank in late 2007 when the economic outlook ...
Souring small business loans are costing taxpayers billions - Cleveland Plain Dealer
Chris Sakelarios, left, talks with her brother-in-law and business partner Eric Geedey at Caffe Sportivo in Redwood City, Calif. Sakelarios opened the espresso shop/small gym after taking out a $20,000 SBA loan from Union Bank in late 2007, when the ...
As small businesses go belly-up, defaults on government backed loans ... - Wisconsin State Journal
The theory was to throw an interest-free lifeline to bakeries, auto shops, travel agencies and other small businesses facing financial hardship during the recession. The reality? Many small-business owners could find it tough to get a quick financial ...
New loan for small firms complicated - Detroit Free Press
Alistair Darling has expressed “extreme concern” about the charges being levied by high street banks on loans to small businesses, before a meeting on Monday with senior bankers in Whitehall. While the chancellor has recognised that banks need to ...
Darling worried by banks’ loans charges - Financial Times
July 27 (Bloomberg) -- Chancellor of the Exchequer Alistair Darling will call on Britain’s banks to reduce the cost of loans to small companies as he seeks to prevent the economy from slipping further into recession. In a meeting at the Treasury in ...
Darling to Call on U.K. Banks to Offer Cheaper Company Loans - Bloomberg
Banks that have received billions from the taxpayer are now ramping up loan rates to maximise profits, Alistair Darling has admitted. The Chancellor is set for a showdown with bank bosses who are charging more for credit even though interest rates ...
Darling's anger as bailed-out banks bump up loan rates - Daily Mail
First time home buyers could be thrown a lifeline under plans being considered by the Treasury to underwrite 'risky' mortgages , allowing people with only small deposits to buy homes. Since the credit crunch took hold, banks have demanded far tougher ...
