GOVERNMENT SMALL BUSINESS LOAN
Column: Small biz OK with new Congress AP via Yahoo! News Small business groups anticipate few substantive changes in government policy toward the nation's smaller companies despite the power shift in Congress brought about by the midterm election. Is equity vital to gain a business loan? BBC News Business banking expert Peter Ferns explores whether a would-be business person needs some equity in order to gain a business loan. South Africa: Bank Slows Down Forex Purchases, Repays Loan AllAfrica.com THE Reserve Bank slowed its accumulation of reserves last month, for the first time since January 2004, as the rand remained weak, and government repaid a foreign loan. Changes In Power Shouldn't Hurt Small Biz WFTV 9 Orlando Although the outcome of one Senate race is still to be determined, small business expects gridlock between a mostly Democratic Congress and a Republican White House to help maintain the status quo -- something business owners want. Government loans available to flood victims 14 WFIE Evansville Small Business Administration reminds business owners impacted by September floods that time is running out to apply for loans. UPI NewsTrack Business UPI WASHINGTON, Nov. 8 (UPI) -- The U.S. unemployment rate for October dipped to 4.4 percent, a five-year low, a government report said Wednesday. ICICI of India to seek 25 million rural clients International Herald Tribune ICICI Bank, the biggest Indian bank by market value, plans to lend to 25 million rural clients in five years to sustain record loan growth as the government curbs credit to customers in cities. Mass. business confidence index nears two-year high Boston Globe Business confidence in Massachusetts jumped to its highest level in nearly two years as employers expressed optimism about sales, hiring, and the national and state economies, Associated Industries of Massachusetts reported. AIM's business confidence index rose to 59.9, up 2.9 points from September and more than a point from a year ago. It was the best reading in 20 months. ICICI Seeks 25 Million Rural Clients to Lift Growth Update1 Bloomberg.com Nov. 8 (Bloomberg) -- ICICI Bank Ltd., India's biggest by market value, plans to lend to 25 million rural clients in five years to sustain record loan growth as the government curbs credit to customers in the cities. Reserve boss blames it on the boom News Interactive HOUSEHOLDS are losing their appetite for debt but the Government will not be able to breathe easily about the risk of further rate rises during the election year of 2007 until business stops pushing up prices.
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