The Future Of Small Biz Lending

Crain’s New York Business: At banks with more than $10 billion in assets, 10.2% of loan applications from small businesses were approved in May, down from 10.6% in April—and from 11.7% in January and February, according to surveys of small business customers of Biz2Credit, a Manhattan-based company that matches small businesses with lenders. Although regional […]

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The Of Lending

While you might visit to find a date, visitors who frequent will have something very different in mind. These people are entrepreneurs in need of funding. Launched in the spring of 2010 with $4 million in funding from private investors, BoeFly has supported just under $2 billion in transactions and is generating close

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Coming Soon: The Bank of Wal-Mart?

InvestorGuide: Wal-Mart is still in the early stages of banking, hoping to ultimately create a branded bank, much to the vehement opposition of the U.S. banking industry. The company has been twice denied takeovers of banks, but it has expanded its financial services drastically and silently through partnerships with Discover, GE Consumer Finance, MoneyGram International

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Biz Poll: Credit Crunch

Before the credit crunch, it was easy for companies to borrow just about any amount of money anytime they wanted. Entrepreneurs often would apply for larger credit lines to expand their businesses, and they got drunk on easy credit. Who needed good money-management habits when your banker would pony up on command? You know how

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Money Is Available

In a recent article located on Bizbox it was stated that there is money becoming available for small businesses out there more and more each day. This is due to a number of reasons: Small businesses are realizing that we are coming out of a huge recession and therefore there are not as many companies searching

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