START UP BUSINESS LOAN
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. A head start for Hmong businesses Milwaukee Journal Sentinel A new loan fund will target Wisconsin businesses that are owned by Hmong people, with the goal of boosting entrepreneurship within a minority population that has traditionally struggled to obtain capital. Group loaning $55,000 for work on 2 properties The Express-Times EASTON | The Greater Easton Development Partnership has agreed to loan a pair of property owners a combined $55,000 for building improvements and business start-up costs. 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. Business news in brief The Cincinnati Post ERLANGER, Ky. Business in brief: Urban Outfitters' same-store sales fell The Philadelphia Inquirer Urban Outfitters Inc. said yesterday that sales at stores open at least a year fell 10 percent for the three months ended Oct. 31. Same-store sales were down 10 percent for both the Urban Outfitters and Anthropologie brands, and up 9 percent for the smaller Free People. Total sales for the quarter increased 7 percent, to $308.4 million from $288.8 million, primarily because of a 24 percent Eve Slap marks 25 years in auto business The Delaware Business Ledger When Eve Slap got the chance to own a car dealership, she was still in her 20s, or, as she puts it, “too young to be terrified … too stupid to know what you’re risking.” Hong Leong Bank revenue for first quarter rises to RM422mil The Star Online PETALING JAYA: Hong Leong Bank Bhd's revenue grew 11% to RM422mil in the first quarter ended Sept 30, versus RM380mil in the previous corresponding period, as higher net interest margin income more than offset lower contribution from derivatives and advisory business. South Africa: Irish Group Leads Investor Trickle AllAfrica.com WITH growing calls for SA's commercial property industry to start marketing the property sector so it can attract foreign investment, the first trickle of foreign capital into the market has already begun. San Mateo Daily Journal San Mateo Daily Journal An auto dealership seeking a $4 million loan from the city of San Mateo to help open the new business may have to wait while the city takes into careful consideration what kind of development it wants in its north end.
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