by: Dave Rathmanner They say that death and taxes are the only two things in life that are certain. But if you own your own business, there is one more thing that you can count on – your need of capital. Whether you’re starting or growing your small business, money is necessary to buy equipment or stock,…
Demand for bank loans is slowly picking up, latest data from the Reserve Bank of India indicated. Annual year-on-year (Y-o-Y) growth rate in credit offtake is slowly inching back to double digit levels after nearly 15 months Total bank credit rose 9.9% to Rs 81 lakh crore in the fortnight ending December 22’17, latest RBI…
By Thomas Biesheuvel As major banks abandon the diamond trading world, one new lender is preparing to jump in. Dfin, a London-based corporate finance firm that specializes in the diamond sector, plans to lend $250 million to diamond polishers, cutters and traders — known in the industry as the midstream — over the next two…
By: Lawrence Segbefia/citibusinessnews.com/Ghana The debate on whether collateral lending in the banking industry is a disincentive is fast coming up as some financial observers’ advice against using the method to advance loans. Even though full investigations are yet to be conducted into the cause of the collapse of UT Bank and Capital bank, some observers…
By Jared Hecht If you’re just beginning your hunt for business financing, you’re likely knee-deep in unfamiliar terms and lending jargon. And it’s enough to make even the most eager entrepreneur feel overwhelmed. Don’t continue your search without reviewing a few of the essential terms you need to know to make an informed decision about financing your…
By: Reuters Qantas Airways is raising A$350 million ($272 million) from a loan that allows it to switch the types of aircraft used as collateral, in what bankers and analysts said is the world’s first aviation financing of this type. The loan is the first of a series under a loan facility programme set up by…
Lydia Roth A new survey conducted by the Federal Reserve shows 71% of employer firms plan to increase revenue over the next 12 months, and 46% plan to hire. American businesses are looking to expand. Growing operations often means seeking capital to support it. But getting the right capital is no easy feat, especially if you’re…
by Chans Weber When it comes to exploring various financing options, whether you sell products, services or delectable brews from a celebrated microbrewery, one of the most important distinctions that your business must make is between an unsecured and secured working capital loan. Below, we…
Meredith Wood One of the most difficult aspects of running any business is inventory—maintaining sufficient inventory, buying new inventory, or obtaining financing for purchases in the first place. Nearly 42% of business owners report cash flow problems, so you might just have to take out a loan to be able to afford new inventory. What…
by SULEIMAN MUSTAPHA Banks have intensified their search for collaterals from businesses and loan applicants in a bid to reduce growing number of non-performing loans (NPLS) in the banking sector that had hit GH¢ 6.2 billion as of December 2016. The move is to tighten the loose ends in the loan application process that has…