Small business loan approval rates continue to trend upward among all lenders

Small business loan approval rates at major banks continued their upward trend, from 14.1% in October to 14.2% in November. Biz2Credit Small Business Lending Index Report – November 2021 The data comes from the last Biz2Credit Small Business Loan Index. Increase in loans to small banks Besides the increase in small business loans from the […]

New legislation would simplify the EIDL loan application process for small businesses

The EIDL rationalization law is a bipartisan bill introduced to the US Senate to improve the Economic Disaster Loan (EIDL) application process as well as to combat fraud in the program. The goal is to simplify the process so that small businesses can get their requests answered quickly and efficiently. New legislation would simplify the […]

REPL :: Acquisitions and disposals of assets :: Disbursement of the convertible loan amount

TOTM LIMITED TECHNOLOGIES (Incorporated in the Republic of Singapore) (Company registration number 201506891C) INVESTMENT IN PT. CAKRAWALA DATA INTEGRATION PAYMENT OF THE CONVERTIBLE LOAN AMOUNT INTRODUCTIONThe board of directors (the “advice“or the”Directors“) of TOTM Technologies Limited (the”Society“, with its subsidiaries, the”Group“) refers to the announcement of December 13, 2021 regarding the investment in PT. Cakravala […]

How to complete a Mudra loan application?

If you’re running a non-farm or non-corporate organization and looking to get some financial help to get things done, a Mudra loan might just be your best bet. However, before you can even apply for a Mudra loan, you must first establish eligibility, through a wide range of parameters. After the eligibility check comes the […]

Sense. Risch and Hickenlooper Introduce Bill to Improve Disaster Loan Application Process

U.S. Senators Jim Risch (R-ID) and John Hickenlooper (D-CO) introduced legislation to improve the disaster loan application process and fight fraud. © Shutterstock The EIDL Streamlining Act to Improve Economic Disaster Lending (EIDL) would require the Small Business Administration (SBA) to review EIDL’s application submission process. Additionally, it would require the SBA to submit a […]

SBA Covid-Relief Loan Application Deadlines Approaching — Dec. 31 – Councilor Forbes

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. If your business is still looking for financial relief due to the Covid-19 pandemic, now is the time to act. The deadline for specific US Small Business Administration (SBA) loans will be […]

50% reduction on the loan application fee for sugarcane development

Women farmers who wish to purchase a farm or related machinery will receive a 50% reduction in loan application fees from January 2, 2022, Sharma said. “We promote the empowerment of women as part of the sustainable development goal,” he said. First Lady Filomena Katonivere (third from left) with Raj Sharma, Managing Director of the […]

SBP streamlines loan approval process for MFB borrowers

KARACHI: The State Bank of Pakistan on Saturday released revised prudential regulations for microfinance banks (MFBs) to streamline the requirement to obtain a credit information report (CIR) and simplify the process of documentation for borrowers. The central bank, in a statement, earlier said that the Credit Bureaus Act (CBA) 2015 was enacted to provide a […]

MNR REQUESTS FEEDBACK ON SHEBOYGAN WATER PROJECT LOAN APPLICATION

Sheboygan Water Service A loan application to finance improvements to the Sheboygan water utility has been submitted to the Wisconsin DNR for public comment. City seeks a 30-year drinking water loan from the state to finance its $ 35 million project to install a new 54-inch intake spanning 6,000 feet into the lake Michigan and […]

Parkersburg man convicted of making false statements on loan application | News, Sports, Jobs

CHARLESTON – A Parkersburg man was sentenced to two years in prison on Wednesday and ordered to pay $ 490,000 in restitution for making false statements on a loan application, the United States Attorney for the Southern District of West Virginia said. Jonathan Smith, 36, filed with a federal credit union on June 22, 2016, […]