Finance, Credit and Loan Information

March, 2017

Dairy farmers should aim for the top

WOOSTER, Ohio — Reviewing the numbers probably isn’t the most exciting thing at your dairy farm. But if you want to be around next year, and the year after, you better know where you stand. That was part of the message delivered by Gary Sipiorski, dairy development manager with Vita Plus, and Dianne Shoemaker, Ohio […]

Ben Wray: 10 things about ‘the deficit’ the No campaign won’t tell you

Priority Income Fund Surpasses Quarter Billion Dollar Milestone

NEW YORK, March 15, 2017 /PRNewswire/ — Priority Income Fund, Inc. (the Fund) announced today that the Fund has now surpassed the milestone of$250 millionin assets under management. The Fund is designed to provide investors with current income from a portfolio invested in broad pools of senior secured loans made primarily to US companies that […]

£66.7billion credit card debt binge is probed by the Bank of England over fears it could crash the economy

It came as the Old Lady reiterated its view that Brexit posed a bigger danger to finance in the European Union than the UK. And its Financial Policy Committee (FPC) hinted that an emergency measure which freed up lenders cash after the referendum could be reversed. Labour MP John Mann, a member of the Treasury […]

Indigo’s Frontier Airlines Said to Aim for Second-Quarter IPO

Frontier has changed hands twice since filing for bankruptcy protection in April 2008. Republic bought the carrier in October 2009 for $108.8 million, agreeing not to pursue a $150 million unsecured bankruptcy claim. After the Indigo buyout, Frontier’s new owner transformed it into what’s known as an ultra-low-cost carrier — an airline that offers inexpensive […]

FAM Offers Merchant Cash Advance Loans to High-Risk Merchants

FAM provides merchants categorized by traditional lenders as “high risk” with the business loans they need to start their business, to grow and to thrive FOR IMMEDIATE RELEASE Thousand Oaks, California – First American Merchant (FAM) specializes in supplying businesses with funding solutions that meet their unique needs. As a high-risk provider, FAM works with […]

EMIR Exemptions for Central Banks in Six Countries

The European Commission published a report on the international treatment of Central Banks and public entities managing public debt with regard to OTC derivatives transactions. The European Market Infrastructure Regulation imposes clearing, reporting and risk mitigation obligations for derivatives. EU central banks and EU public bodies managing public debt are exempt from EMIR. The European […]

The Other Page in Patrick Drahi’s Billionaire Playbook

Notably, Altice is taking out loans instead of bonds, unlike last year when it did several big refinancing rounds. The cost was lower on secured loans, which are roughly eight and a quarter years long. The choice of loans over bonds has implications though. Altice wouldve had to put up assets as collateral, and is […]

Tweaks to some property cooling measures will not have significant impact: Analysts

In a joint statement on Friday, the Ministry of Finance, Ministry of National Development and the Monetary Authority of Singapore (MAS) said “calibrated adjustments” will be made to the seller’s stamp duties (SSD) and total debt servicing ratio (TDSR) framework. With effect from Saturday, home owners will only have to wait three years before selling […]

The States With the Best and Worst Business Credit Scores

And when it comes to small businesses, both your business and personal credit scores can come into play — impacting your business’s ability to get financing. Its important to note, however, that the two types of scores are not calculated in the same ways. Unlike the personal credit spectrum of 850 points, business credit scores […]

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