Tag Archives: Lending

Study: Small business lending weakened in January

Posted on by

Study: Small business lending weakened in January
A study of small business lending released Tuesday by Thomson Reuters and PayNet shows that owners took out fewer loans and leases during January. An index based on the study fell to 113 from 115 in December and is virtually unchanged from a year …
Read more on The Seattle Times

Loan Broker Relationships Place CUSOs in the Spotlight
Credit Union Times obtained a business loan and participation loan broker agreement used by a billion-dollar credit union on the West Coast. In it, there are several sections devoted to how a broker is compensated. For instance, the broker agrees that …
Read more on Credit Union Times

Arbor Expands to CMBS Lending, Taps Hirsch

Posted on by

Arbor Expands to CMBS Lending, Taps Hirsch
Arbor Commercial Mortgage is expanding its lending business to include commercial MBS loans and has hired market veteran Todd Hirsch to oversee the effort. The finance firm already actively originates Fannie Mae and HUD loans, as well as bridge loans …
Read more on Commercial Mortgage Alert

Funding for Lending: What's in Mervyn King's mind?
The Bank of England and the Treasury released a progress report on their Funding for Lending Scheme (FLS) yesterday. The results did not look excellent. Since the scheme was launched, to considerable fanfare, last summer the participating banks have drawn …
Read more on The Independent

Technology Credit Union Grows Its Commercial Lending Portfolio by $15 Million …

Posted on by

Technology Credit Union Grows Its Commercial Lending Portfolio by Million …
SAN JOSE, CA–(Marketwire – Feb 21, 2013) – Technology Credit Union (Tech CU) kicked off the New Year with a bang, closing nearly $ 15 million in commercial real estate loans in the last month of 2012. The organization also finished the year with strong …
Read more on Marketwire (press release)

WND: Transitional lenders target Bakken
Wells Fargo was the top U.S. Small Business Administration lender in terms of dollars last year and John Giese, Wells Fargo regional banking business manager, says his institution often utilizes SBA loans for its Bakken clients because they offer …
Read more on Prairie Business