Mindanao Railway Project train sketch (From DOTr Facebook) UPDATED MANILA, Philippines — The Department of Transportation (DOTr) said Friday that the government could complete the Mindanao Rail Project by 2028 if the loan for the project is finalized by the middle of next year. During a hearing before a Senate finance subcommittee on the agency’s […]
Monthly Archives: September 2022
Businesses seeking large loans are warned that soaring energy costs could impact their ability to get approved. Pipes in sectors heavily dependent on high energy consumption are likely to be the most affected. While the 2023 budget announced that businesses will be able to claim up to €10,000 to help with their energy costs, some […]
MOBILE, Ala. (WALA) – Not too long ago, Ray Norris was Clarke County’s top law enforcement official. Now he’s a convicted felon. The former sheriff pleaded guilty in federal court Monday to one count of making a false statement to a federally insured institution. The maximum sentence is 30 years in prison, but his actual […]
Exclusive: Fannie Mae’s plan boosts tenants’ credit scores For you New Sports Entertainment Life Silver Technology Travel Opinion Only positive tenant payments will be reported (those falling behind will be unsubscribed) and tenants can choose to opt out at any time. One in ten adults in the United States, or about 26 million people, are […]
DNA Islamabad, Sept. 25: The Federation of Chambers of Commerce and Industry of Pakistan Businessmen’s Group (BMP) has fully supported the call of the United Nations as well as the Prime Minister to ease the debt pressure on Pakistan suspending international debt repayments and restructuring loans to provide immediate humanitarian aid to the flood-affected country. […]
The Fiji Development Bank had received over 1,600 applications under the Women Entrepreneur Loan Scheme. Titilia Kamil (middle), Managing Director of Relations and Sales at Fiji Development Bank, with women entrepreneurs, (left to right) Seema Mohan, Sofia Ali, Melaia Adi and May Fong on September 23,202. Photo: Laisa Lui. The Fiji Development Bank had […]
More than one in 10 Australians admit they knowingly failed to declare a liability or debt when applying for a loan, according to a new survey. And nearly one in five think it’s okay to tell a ‘white lie’ and state that they have less debt than they actually do when applying for a loan […]
Jamshedpur, September 20: East Singhbhum Deputy Development Commissioner Pradeep Prasad, chairing the District Level Oversight Committee meeting on Tuesday, asked the Senior District Manager to approve the pending applications from the Prime Minister’s Job Creation Project . During the review, four applications were found pending at the Bank of Baroda, the senior district manager was […]
Investments in digital technology are pushing the mutual bank to approve loans faster than it takes to cook noodles in two minutes. Defense Bank has launched an automated lending platform aimed at drastically reducing the time from loan application to approval and funding. Through a partnership with Cloudcase Software Solutions, the mutual bank implemented the […]
“It’s truly remarkable that someone is considering putting a heavy industrial facility [like a launch pad] on the coastline of the largest body of fresh water in the world,” said Dennis Ferraro, who lives about 3 miles from the selected site and leads the opposition group Citizens for a Safe & Clean Lake Superior. “It’s […]
Znyth Eos battery storage unit on its production line near Pittsburgh. Image: Eos Energy Enterprises via Twitter. Eos Energy Enterprises has completed due diligence in its application for a share of US$2.5 billion in US government loans. The company manufactures zinc-based battery energy storage systems that offer three hours of storage time per unit, but […]
According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at large banks (over $10 billion in assets) fell from 15.3% in July to 15.1% in August, but increased at smaller banks, from 21.2% in July to 21.4% in August. Approval percentages improved slightly among institutional lenders and alternative lenders, while […]
A recent study concluded that disadvantaged women often find it difficult to obtain loans from Indian banks. A study conducted by Bharatiya Yuva Shakti (BYST) indicates that at least 85% of women entrepreneurs have encountered difficulties when seeking a loan from nationalized banks. He further added that at least 60% of them struggle to access […]
Loan approval percentages down slightly at large banks and credit unions, but small banks and non-bank lenders show continued growth /EIN News/ — NEW YORK, Sept. 13, 2022 (GLOBE NEWSWIRE) — Small business loan approval percentages at big banks ($10 billion in assets) fell from 15.3% in July to 15.1% in August, but increased to […]
If you’re asked to imagine a payday lender, you might think of a storefront in a strip mall with green dollar signs and neon slogans like “everyday payday.” You probably wouldn’t imagine a mobile app that advertises on TikTok and sports a colorful logo. But cash advance apps like Earnin and Dave provide advances with […]
STERLING Bank Plc, Nigeria’s leading commercial bank, has launched a one-stop digital solution for all business credit solutions, especially for businesses and businesses. The new product, known as Gazelle, is a versatile digital loan application system that offers corporate clients a more innovative way to finance their business. According to the Bank’s Managing Director and […]
While South African banks are still eager to lend to homebuyers, they are also applying their lending criteria more strictly in light of rising inflation and rising interest rates, explains Berry Everitt, Managing Director of Chas Everitt International Real Estate Group. To ensure their home loan application has the best chance of success, and possibly […]
ISLAMABAD: Pakistan’s financial difficulties may not ease soon as the World Bank has indicated that it may combine the approval of two strategic loans worth more than $1 billion, which will require the implementation simultaneous many difficult conditions, including the withdrawal of subsidies and the reopening of energy contracts. The Washington-based lender wants to combine […]
In light of the rise in digital fraud cases, Finance Minister Nirmala Sitharaman has agreed to take a number of steps to regulate the operation of illicit lending apps after discussing a number of related concerns during a meeting. ‘a meeting. The majority of digital lending apps operate independently and without central bank registration. Due […]
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. The United States Small Business Administration (SBA) helps business owners access the funds they need to start, grow, and succeed in their businesses. These loans are often easier to obtain than some […]
Sterling Bank Plc, Nigeria’s leading commercial bank, has launched a one-stop digital solution for all business credit solutions, especially for businesses and businesses. The new product, known as Gazelle, is a versatile digital loan application system that offers corporate clients a more innovative way to finance their business. According to the Bank’s Managing Director and […]
FRESNO — As consumers lost their jobs and struggled to make ends meet during the COVID-19 pandemic, many have turned to payday loans and other short-term solutions, with an increase in solutions on line. This has not only allowed predatory lenders to thrive – many borrowers still face exorbitant interest rates and opaque fees – […]
Voter assistance terminals typically help voters with disabilities mark their ballots at polling stations. They are not used to tally votes, according to the secretary of state’s office. Related: “While our elections remain safe and secure, we take all violations of election law seriously and will work with the appropriate authorities to ensure there are […]
In order to gain approval for President Biden’s plan to cancel up to $20,000 in student debt, millions of borrowers will need to fill out an application, which will likely be available within weeks. According to White House sources, the app will likely open in early October. Borrowers can take a few steps in the […]
By Caleb Symons (August 31, 2022, 8:40 p.m. EDT) – California residents who have sued tribe-related affiliates of payday loan company Think Finance LLC, accusing them of trying to evade antitrust laws Usury, dropped their federal lawsuit after inking a “creative” deal that will add $300,000 to another settlement involving the now-defunct lender. The eight […]