Tag Archive | "banks"

Biz2Credit Does for Small Business Lending What Amazon Did for Online Shopping

Biz2Credit Does for Small Business Lending What Amazon Did for Online Shopping

Regardless of industry, size or location, all businesses need capital to grow. Many small business owners hesitate to approach banks directly, in part, because applying for a loan is time consuming, costly, and intimidating — with no guarantee of getting approved. Thus, entrepreneurs often resort to using personal credit cards, home equity lines, or their […]

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Everyone’s entitled to my opinion about the bank stress tests!

I’ve just spent a happy-go-lucky morning reviewing the Treasury’s bank stress test white paper.Humble little nothing-winning non-economist me believes that the stress tests are 98% government PR and 2% meaningful — which is a step up from just about everything coming out of the Bush White House. The stress tests were simply meant to calm […]

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The Biz Roundup December 31

“Friends” don’t foreclose on friends on Facebook. A court in Australia has ruled a mortgage lender can use social networking site “Facebook” to tell one couple they’ve lost their home. . . . The court ruling means the law firm has satisfied the legal requirement of informing the two that their loan is in default. […]

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