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Latest Federal Reserve System Stories

2013-09-26 23:28:13

Getting a poor credit business bank loan is next to impossible. Alternative capital resources are filling the void for small businesses, franchises and restaurants with simple applications, affordable rates, and fast funding. Nationwide (PRWEB) September 26, 2013 Small business loan providers are ubiquitous, but lending is still tight across the country. Big banks continue to hedge risk by requiring substantial collateral, a personal guarantee, along with a spotless credit record. With...

2013-09-19 23:19:18

McGeough Lamacchia Realty says the housing market will benefit from the Federal Reserve’s decision that it will not taper the bond buying program. Waltham, MA (PRWEB) September 19, 2013 The Federal Reserve released a statement* Wednesday at 2:00 PM that it will not taper quantitative easing, the $85 billion-a-month mortgage bond purchasing program designed to keep interest rates low to encourage people to borrow and invest. The Fed said it needed to see more improvement in the economy...

2013-09-10 23:31:04

Popular alternative lender, Business Cash Advance Guru, announces that it is making available an expanded business commercial loan product. Small businesses are urged to contact the lender immediately to learn about all the options. Nationwide (PRWEB) September 10, 2013 Companies medium and small can now find an affordable business commercial loan option through alternative lender, Business Cash Advance Guru. The news is welcomed by the small business community, particularly those...

2013-09-08 23:03:48

LoanLove.com helps home loan borrowers understand how the recent jobs report will affect rates with a new article. San Diego, CA (PRWEB) September 08, 2013 LoanLove.com is a borrower advice website that provides detailed insights into the mortgage industry in a fun and entertaining way. The team at LoanLove.com is devoted to help empower both first time and experienced homeowners with valuable resources, first-class knowledge and connections to top-rated industry professionals and has the...

2013-09-06 23:21:45

Small businesses, still having to cope with the after effects of the national and worldwide economic downturn, will be pleased to learn that alternative lenders are offering affordable resources for small business loans. Nationwide (PRWEB) September 06, 2013 While large corporate banks hold nearly $2 trillion in their reserves and are not extending lines of credit, there are other resources for small business loans besides credit unions, which have also posted declines in lending...

2013-09-03 23:24:24

Small businesses seeking where to find business working capital with bad credit should take a look at the alternative lending market. Nationwide (PRWEB) September 03, 2013 For years, large corporate banks have actually reported decreases in their business lending, which in turn, costs average consumers more for everyday goods and services. “Small, mid-size and large banks have each reported a steady decline in small business loans since the recession, and each has followed a downward...


Word of the Day
humgruffin
  • A terrible or repulsive person.
Regarding the etymology of 'humgruffin,' the OED says (rather unhelpfully) that it's a 'made-up word.' We might guess that 'hum' comes from 'humbug' or possibly 'hum' meaning 'a disagreeable smell,' while 'gruffin' could be a combination of 'gruff' and 'griffin.'