Commercial lender
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BOA introduces SME lending (IPP Media)
The Bank of Africa Tanzania Limited (BOA) has unveiled a package of steps to boost growth in Arusha, promising loans to SMEs without the traditional collateral, as it seeks closer ties with the country`s second largest commercial town.
Construction loan delinquencies may hit 10 percent this quarter (BizJournals)
Delinquencies in California s commercial real estate edged up ever so slightly in the third quarter but still remain among the lowest in the country.
1st Ave. site up for sheriff s sale (BizJournals)
Minnwest Bank Central has won a judgment for $3.9 million against a Hopkins investor for a defaulted loan on a Minneapolis Warehouse District commercial building.
Commercial construction robust (Great Falls Tribune)
Commercial construction “has been very strong” in Great Falls during the first three-quarters of 2008, says veteran city Community Development Director Mike Rattray.
Lenders heed calls for rate cuts (BBC News)
The main mortgage lenders have started to respond to the government’s demand that they should cut their mortgage rates.
New Commercial R.E. Lending Plunges (The Commercial Record)
Like consumers avoiding retail stores clearance sales, commercial property buyers in the Nutmeg State are keeping their hands in their pockets.
(AFX UK Focus) 2008-11-09 13:50 Lloyds TSB backs HBOS with 10 bln stg loan -paper (Interactive Investor)
LONDON, Nov 9 (Reuters) - British bank Lloyds TSB Group Plc is providing financial support to its takeover target HBOS Plc through a 10 billion pound ($16 billion) loan facility, Britain’s Sunday Times reported. The newspaper said the “covert agreement” showed how closely the two were working together ahead of Lloyds TSB’s agreed acquisition of Britain’s biggest home lender and said the scale of …
Maine car dealers seek new third-party lenders (Detroit News)
PORTLAND, Maine — Maine car dealers are turning to credit unions and other sources for third-party loans for their customers as bank financing becomes tighter.
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