by Monica Mendoza Published: March 23,2012
Tags: banks, lending, microlending, Small Business
Colorado bankers have launched a campaign that attempts to reverse their image as the tight-fisted scrooge holding up the progress of small business. [...]
by Monica Mendoza Published: October 19,2011
Colorado small businesses were loaned more money in 2011 through the U.S. Small Business Administration loan program than in years past. The state had record breaking numbers SBA backed loans in 2011, which follows a national trend of increasing SBA-backed lending. “Due to the Small Business Jobs Act and a return to pre-recession lending levels, [...] [...]
by Associated Press Published: November 8,2010
Tags: Federal Reserve, lending, Small Business
Banks loosened lending standards for small businesses over the past three months but demand for loans remained weak, the Federal Reserve said Monday. It marks the second time in nearly four years that banks have made loans easier for small businesses to obtain, according to the Fed’s new quarterly survey. The first breakthrough came in [...] [...]
Are banks hoarding cash and refusing to make loans? A lot of business owners think so. So does the Obama administration, which claims banks are slowing the economic recovery by not lending as much as they could. Talk to the bankers themselves, however, and they’ll say the borrowers they’re seeing don’t qualify, that loan demand [...] [...]
by Becky Hurley Published: March 25,2010
While commercial loans – especially for real estate development – have all but disappeared since the recession began, money still flows in some sectors. The greatest lending activity, however, isn’t aimed at large industrial or Class A office campuses. Instead it’s found in senior housing/healthcare projects. Cambridge Realty Capital Companies, a national lender with a [...] [...]
WASHINGTON (AP) – The Obama administration launched a new effort Monday to end a paralysis in lending, saying it will team with investors to initially buy up to a trillion dollars of bad assets from banks that have been reluctant to make loans to consumers and companies. In announcing the program, Treasury Secretary Timothy Geithner [...] [...]
by Rebecca Tonn Published: March 17,2009
Tags: Colorado Bankers Association, Don Childears, healthy banks, lending, loans, TARP
Consumers and investors are anxious about the economy and the stock market, but loans are still being made and return on investment is still possible at Colorado banks, says the president of the Colorado Bankers Association. “Public perception is that there isn’t any credit available,” said CBA President Don Childears, “but banks chartered and headquartered in [...] [...]
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