Finance

New housing finance firms eye affordable housing space

Lodha Ventures, Centrum Housing Finance, JM Financial and Piramal Finance have either started giving out home loans this year or are awaiting licences to begin operations. Photo: Mint Bengaluru: New entrants in the mortgage lending space are focusing on providing small home loans to customers in cities and small towns, aided by government schemes and initiatives to promote affordable housing. New ... Read More »

ComputerAgriculture finance: Post-demonetisation, cooperative banks in Maharashtra fail to disburse kharif crop loans to farmers

Grape farmer Santosh Gorade at his vineyard in Niphad near Nashik, Maharashtra. (Source: Express photo by Partha Sarathi Biswas) Last kharif, the Nashik District Central Cooperative Bank (NDCCB) disbursed  Rs 1,608.55 crore of crop loans during April-June, exceeding its target of Rs 1,257.18 crore. This season, however, it has given out a mere Rs 61.41 crore as on June 27, way ... Read More »

Want a Better, Safer World? Build a Finance Facility for Education

Students at the Kuje School near Abuja, Nigeria sit outside the classroom. (Photo courtesy of A World at School/Nick Cavanagh) The global education crisis can seem overwhelming. Today, there are 263 million children and young people throughout the world who are not in school, and 60 million of them live in dangerous emergencies. Fast forward to 2030, and our world ... Read More »

Personal finance education is vital to our children’s success

Financial Advisor, founder of Investor’s Resource, specializes in holistic wealth management for owners, professionals, and other high net worth individuals. www.invresource.com – Investor’s Resource, 100 Essex Court, Suite C, Madison, AL 35806 If you read the current news about personal finance, it will come as no surprise that a majority of kids and teens in the United States are not well-versed in ... Read More »

U.S. Bank and Sage Announce AP Optimizer to Streamline Invoice Payments

U.S. Bank (NYSE:USB) and Sage (LON:SGE) announced this week at Sage Summit 2016 in Chicago a new partnership that will benefit Sage customers in the U.S. and Canada. The partnership centers around the introduction of AP Optimizer, an application built by U.S. Bank that lives inside the Sage Live accounting platform. Its purpose, according to Bradley Matthews, head of Middle Market ... Read More »

Get to Know These Key Financial Terms

There’s no shortage of small business advice about marketing, social media and inspiration to not give up, However, the small business owner must pay attention to the financial nuts and bolts of business operations. It’s the best way to make the wisest business decisions. You may encounter terms on business websites or when working with an accountant with which you are ... Read More »

72 Percent of Small Business Owners Don’t Even Know Their Credit Score, Survey Says

Business credit scores are one of the key factors determining whether or not an enterprise qualifies for a loan. Yet surprisingly enough, most businesses don’t even know what their scores are. This astonishing revelation has come from a new survey by Manta, an online community for small business owners. The survey has found a majority (72 percent) of small business ... Read More »

Brexit: Europe’s new finance rules put 83,000 U.K. jobs at risk

. The European Union is preparing the ground for a raid on one of the crown jewels of British business. The bloc proposed rules on Tuesday that would give it the power to force a large slice of London’s financial services to move out of the city after Brexit, putting at risk an estimated 83,000 jobs. Despite not using the ... Read More »

ECN Capital to buy Service Finance for C$410 million

Canadian commercial financing company ECN Capital Corp (ECN.TO) said on Thursday it would buy U.S.-based Service Finance Holdings LLC for C$410 million ($304 million) in cash. ECN Capital offers financial services to rail and commercial aviation markets, while privately held Service Finance Holdings lends for home improvement projects in the United States. Toronto-based ECN Capital sold its U.S. commercial and ... Read More »

It’s a ‘non-believer’s market,’ and here’s why it shouldn’t be: Wunderlich’s Art Hogan

One of Wall Street’s most veteran strategists wants investors to keep the faith. Wunderlich Chief Market Strategist Art Hogan is arguing there’s years left in this bull market. “It’s just a non-believer’s market, and that reflects itself in retail participation, institutional cash on the sidelines — all those things that show you that there never really has been a great ... Read More »