Bel Air approves loan for new cookie bakery on Main Street

Bel Air approves loan for new cookie bakery on Main Street
The loan is the first approved under a new small business revolving loan fund the town government set up in the past year, using $ 75,000 in town funds and a $ 50,000 state community legacy grant. The revolving loan fund is designed to provide low cost …
Read more on Baltimore Sun (blog)

Fifth Third tops charts for loan, deposit growth
Fifth Third CEO Kevin Kabat said in a conference call last month to discuss fourth-quarter earnings that Fifth Third's efforts to focus on loan growth have paid off. It has hired several lenders, particularly to handle business loans. Its commercial …
Read more on Business Courier of Cincinnati (blog)

FirstMerit profits jump by 25 percent last quarter as commercial loans soar
FirstMerit Corp. today said fourth-quarter profits soared by 25 percent, thanks in part to a 65 percent jump in commercial loan production for the fourth quarter. The Akron bank also cited declining loan losses and shrinking expenses. The bank earned …
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Factoring Loan Alternative Now Offered from Lenders Commercial Finance
Designed to help entrepreneurs overcome the limitations of traditional business loans, LCF loan programs can solve a number of business challenges – building out or acquiring the inventory needed to book and fill new orders, meeting outstanding …
Read more on PR Web (press release)

Walton approves bank for US 331 bridge loan

Walton approves bank for US 331 bridge loan
DEFUNIAK SPRINGS — Walton County has come one step closer to financing the new $ 75 million U.S. Highway 331 bridge project that voters approved in May. Opting to go with bank loan financing over purchasing bonds, commissioners on Tuesday chose …
Read more on The Northwest Florida Daily News

Immediate financial help for small businesses impacted by TS Debby
Comments | Post a Comment. Hernando County small business owners who have been impacted by Tropical Storm Debby can now apply for an expedited interest-free, small-term loan through the Florida Small Business Emergency Bridge Loan Program.
Read more on Hernando Today

Greece Seeks Bridge Loan
The extra financing for Athens may come in the form of a bridge loan to cover a €3.1 billion bond entirely held by the European Central Bank, which matures Aug. 20, as the country faces the risk of running out of money by mid-August. Euro-zone …
Read more on Wall Street Journal