Biz2Credit Small Business Lending Index ™ for October Finds Loan Approval Rates Rise at Banks and Non-Bank Lenders for Sixth Month in a Row

Enter Wall Street with StreetInsider Premium. Claim your 1-week free trial here. NEW YORK, November 09, 2021 (GLOBE NEWSWIRE) – Small businesses loan approval percentages To big banks (assets over $ 10 billion) fell from 14% in September 2021 to 14.1% in October. During this time, small banks” approvals also fell from 19.5% in September […]

Eskom Gets $ 57.6 Million Loan Approval From African …

Africa’s largest power company, Eskom, has received approval for a $ 57.67 million loan from the African Development Bank to boost power generation from renewable energy. Dr Daniel Schroth, African Development Bank’s acting director for renewable energy and energy efficiency, said the loan is based on a multi-donor funding program launched in 2011 by leading […]

South Africa: Eskom secures $ 57.6 million loan approval from African Development Bank

This is a much needed boost to renewable energy for South Africa’s electric utility. Africa’s largest power company, Eskom, has received approval for a $ 57.67 million loan from the African Development Bank to boost power generation from renewable energy. Dr Daniel Schroth, African Development Bank’s Acting Director for Renewable Energy and Energy Efficiency, said […]

PSIC eases loan conditions for young people (minister)

LAHORE: Punjab Small Industries Corporation (PSIC) has further relaxed the terms of the Punjab Rozgar program so that young people can get easy loans under this program. This was informed at the 117th meeting of the PSIC Board of Directors which was held on Thursday under the chairmanship of the provincial Minister of Industry and […]

13th month payday loan application window starts November 2

SMALL ENTERPRISES interested in zero-interest loans to help them achieve their 13e the monthly payroll could start to apply on Nov. 2, Small Business Corp said. (SB Corp.). SB Corp. spokesman Robert Bastillo said in a briefing at Laging Handa on Thursday that micro and small businesses have Nov. 2 to Dec. 2. 7 period […]

How to recover from a rejected loan application?

Everyone should have proper financial planning that allows them to meet expenses and grow savings. Such a type of financial planning also allows people to invest in the right area and make maximum profit. But since life is full of unforeseen events, you may have to deal with unforeseen expenses at some point in your […]

PNB Vyapaar Loan Program: Know the target groups, loan amount, term, interest rate and other details here

PNB Vyapaar program: The Punjab National Bank (PNB) has warned its clients not to borrow from the informal sectors. The national bank advised to seek financial assistance from the formal sector and for this ‘PNB Vyapaar’ may be an option. Interested customers can get more details by logging into the official PNB website at pnbindia.in. […]

Banking fair to borrower who couldn’t get loan approval in time for auction, ombudsman says

A borrower who applied for a home loan three days before an auction and did not receive the money in time to bid on the house he wanted had his complaint against his bank rejected. The man did not have all the information needed for the bank to process his request, and instead asked if […]