SMALL BUSINESS BANK LOAN
MEDC loan to spur Hmong business development Small Business Times The Milwaukee Economic Development Corp. (MEDC) plans to loan $125,000 to the Hmong Wisconsin Business Chamber to launch a revolving loan fund for small businesses. 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. Panel approves funds for Hmong business loan program BizJournals A panel of Milwaukee Economic Development Corp. has approved a $125,000 loan to the Hmong Wisconsin Chamber of Commerce to establish a revolving loan fund for small businesses. 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. Urban League, U.S. Bank to host business growth seminars BizJournals The Louisville Urban League and U.S. Bank have teamed up to present seminars to help small businesses, nonprofits, churches and other faith-based organizations learn ways to grow and build financial strength. Business Briefs 11-2-2006 The Edmond Sun Nominations now are being accepted for the 2006 Bank of Oklahoma Small Business of the Year Award. The nomination deadline has been extended to Friday. Revolving loan fund to boost Keokuk Daily Gate City A new economic tool to help small businesses and entrepreneurs in Keokuk was launched today at the Keokuk Country Club. 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. City Bank Announces a 3-for-2 Stock Split, Special Cash Dividend, and Regular Cash Dividend Business Wire via Yahoo! Finance LYNNWOOD, Wash.----On November 8, 2006, the Board of Directors of City Bank declared a 3-for-2 stock split to shareholders of record as of December 8, 2006, and payable on December 22, 2006. SBA Loan Expert Joins Fortune Bank Business Wire via Yahoo! Finance SEATTLE----Fortune Bank, a new commercial bank in organization, announced today that Brett Smith has joined the company as Executive Vice President and SBA General Manager. Mr. Smith is also a founder of the bank and member of the board of directors.
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