iOS app Android app

Bank Loans

1,000 Branch Banks to Serve the Poor (You and Me, Too)

John Hope Bryant | Posted 08.06.2013 | Business
John Hope Bryant

American branch banking needs a renewed and relevant future. Traditional financial literacy needs a renewed and relevant future. Think of an innovative solution which re-imagines each. Imagine returning the word 'community' back into the storyline of American banking.

Kathleen Miles

PHOTOS: An End To LA Unemployment?

HuffingtonPost.com | Kathleen Miles | Posted 08.20.2012 | Los Angeles

A small-loans nonprofit that lifted thousands out of poverty in Tanzania, Bolivia and Uganda has now set its sights on reducing record-high unemployme...

Former Banker on How to Recover From Small Business Lending Crisis

Karin Kamp | Posted 08.07.2012 | Small Business
Karin Kamp

The salvation for small businesses appears to be the community banks that represent just 10% of all U.S. banks. These bankers live in the community. These are the old-fashioned relationship bankers that want to know about the character of the person they lend to.

Venture Capital -- A Word of Warning

David Richards | Posted 05.06.2012 | Small Business
David Richards

Venture capitalists are often viewed as the heroes of the entrepreneurial Wild West. Without their willingness to gamble on the future success of unproven companies and products, the world would surely be a much poorer and less innovative place. Right?

Should You Burn Your Business Plan?

Frank Farwell | Posted 03.12.2012 | Small Business
Frank Farwell

Burn it in the fireplace, recycle it with this week's trash, or deep-six it in the back of a storage closet. You'll probably be doing yourself a favor. Let me explain why.

Big Banks' Latest Problem? They're Sitting On Too Much Cash

The Huffington Post | Alexander Eichler | Posted 12.25.2011 | Business

The economy is only barely growing, making some consumers and businesses skittish about taking out loans and with banks not lending that money out, it...

Gone Baby Gone: Can a Dying Deal Be Saved?

Ron Gitter | Posted 09.25.2011 | New York
Ron Gitter

As the struggling recovery inches along, many of us on the ground know residential real estate's dirty little secret: getting to the closing table has become increasingly more difficult.

IndieGoGo Founder: Six Steps To Raising Startup Funds On Crowdfunding Platforms

Slava Rubin | Posted 09.18.2011 | Business
Slava Rubin

Startup funding is actually more accessible now thanks to social networking and crowdfunding platforms that match amazing new ideas with people who want to be part of the next big thing.

Second-Lien Loans May Prompt New Losses For Banks

nytimes.com | GRETCHEN MORGENSON | Posted 09.16.2011 | Business

On Thursday, JPMorgan Chase said it earned $5.4 billion during the second quarter. On Friday, Citigroup said it earned $3.3 billion. Despite such h...

U.S. Banks Relying On Fees And Rainy Day Funds, Not Loans To Turn Profits

Posted 06.09.2011 | Business

CHARLOTTE, North Carolina (Joe Rauch) - Investors looking for loan growth and surging revenues at the biggest U.S. banks, including Citigroup Inc ...

A Small Business Owner's Wish List To Santa

Michael Sinensky | Posted 05.25.2011 | Business
Michael Sinensky

Dear Santa, this is Michael Sinensky. I'm 31 years old. Presently I have a company that employs approximately 300 employees. I've put together my wish list, let me know what you can do.

Small Businesses, Banks May Not Want Any Part Of Obama Aid Plan

AP | PALLAVI GOGOI | Posted 05.25.2011 | Business

NEW YORK — President Barack Obama's $30 billion small community business lending program faces one big challenge: many of the community banks an...

Innovation Crisis in Black America, Pt. 1

Mike Green | Posted 05.25.2011 | Business
Mike Green

There is a crisis occurring in 12.3% of the American population, otherwise known as Black America. The crumbling economic infrastructure of the natio...

Banks, Babies and Biases

Katherine V.W. Stone | Posted 05.25.2011 | Business
Katherine V.W. Stone

The banking industry mentality is deeply conservative -- not the kind that makes sure that loans are collateralized and deposits protected. Rather, it is a mentality produced by an out-of-date understanding of the world.

Inflation's All But Gone - Here's How It Will Affect Your Bottom Line

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — It's a good time to buy a car or refinance a mortgage, thanks to super-low inflation and interest rates. Invest in a savings accou...

Small Businesses Can't Get Loans From

McClatchy | Kevin G. Hall | McClatchy Newspapers | Posted 05.25.2011 | Business

Lending across the U.S. economy contracted 7.4 percent last year, the biggest such drop since 1942, according to the Federal Deposit Insurance Corp. T...

Banks With Unpaid Loans at 18-Year High

bloomberg.com | James Sterngold, Linda Shen and Dakin Campbell | Posted 05.25.2011 | Business

Oct. 2 (Bloomberg) -- The number of U.S. lenders that can't collect on at least 20 percent of their loans hit an 18-year high, signaling that more ban...

Predatory Equity

David R. Jones, Esq. | Posted 05.25.2011 | New York
David R. Jones, Esq.

I know it's not nice to gloat, but the recent news of the financial turmoil at Stuyvesant Town and Peter Cooper Village is just too good a story of greed and stupidity to let it pass.

Once Reliable, Construction Loans Are Weighing Down Banks

nytimes.com | FLOYD NORRIS | Posted 05.25.2011 | Business

Reports filed by banks with the Federal Deposit Insurance Corporation indicate that at the end of June about one-sixth of all construction loans were ...

Accounting Rules Hide Bank Loan Losses

bloomberg.com | Posted 05.25.2011 | Business

June 5 (Bloomberg) -- Big banks in the U.S. say they're on the mend. The five largest were profitable in the first quarter, rebounding from record los...

Bad Bank Loans Hit Record High

nytimes.com | FLOYD NORRIS | Posted 05.25.2011 | Business

Overall loan quality at American banks is the worst in at least a quarter century, and the quality of loans is deteriorating at the fastest pace ever,...

Plan To Rid Banks Of Bad Loans Breaks Down

Wall Street Journal | Posted 05.25.2011 | Business

A government program designed to rid banks of bad loans, part of a broader effort once viewed as central to tackling the financial crisis, is stalling...

Fed Shrouding $2 Trillion In Bank Loans In 'Secrecy,' Suit Says

Bloomberg News | Posted 05.25.2011 | Business

U.S. taxpayers need to know the risks behind the Federal Reserve's $2 trillion in lending to financial institutions because the public is now an "invo...

Banks Have No Intention To Use Bailout Money To Make Loans

New York Times | Joe Nocera | Posted 05.25.2011 | Business

"Chase recently received $25 billion in federal funding. What effect will that have on the business side and will it change our strategic lending poli...

Fed Ramps Up Emergency Loan Program

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The Federal Reserve boosted its lending to commercial banks and investment firms over the past week, indicating that a severe credi...