July 2009
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July 30 (Bloomberg) -- China’s one-month money-market rate rose to the highest level this year as cash available for lending between banks dwindled after a surge in business loans.
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Many mortgage companies are reluctant to give strapped homeowners a break because the companies collect lucrative fees on delinquent loans.
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President Barack Obama said on Wednesday that General Motors Co and Chrysler Group were companies worth saving, but he expects both to repay their government loans.
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Ford Motor Co. has taken another step toward securing billions of dollars in loans from the Department of Energy by amending a $4 billion line of credit.
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General Electric Co. said its GE Capital finance arm is on track to be profitable this year without outside funding, but higher losses on loans gone bad will likely continue in 2010.
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In the years leading to its collapse, New Frontier Bank financed about $9.6 million in business loans for a former director who later was convicted of felony theft for a mortgage scheme, his bankruptcy records show.
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Small businesses coping with hardship after an employee is called up for military service could qualify for interest-free state government loans.
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Ford Motor Co. has taken another step toward securing billions of dollars in loans from the Department of Energy by amending a $4 billion line of credit. In a regulatory filing, Ford said it expanded the credit agreement to allow for up to $14.4 billion in... Sponsored Topics: Ford Motor Company - Business - Energy Department - Ford Motor Co - United States Department of Energy
Written by Yahoo! News Search Results for loans on July 28th, 2009 with no comments.
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Ford Motor Co. has taken another step toward securing billions of dollars in loans from the Department of Energy by amending a $4 billion line of credit.
Written by Yahoo! News Search Results for loans on July 28th, 2009 with no comments.
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General Electric Co. said Tuesday its GE Capital finance arm is on track to be profitable this year and won't need outside funding, but that its higher level of losses on loans gone bad will likely continue into 2010.
Written by Yahoo! News Search Results for loans on July 28th, 2009 with no comments.
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