News

A worker moves around whiskey barrels at the West Virginia Great Barrel Company’s manufacturing facility in Caldwell in October 2023. (Photo by Steven Allen Adams) CHARLESTON — The West Virginia Economic Development Authority approved an additional series of loans for a Greenbrier County-based company that manufacturers whiskey barrels after loaning $6 million to the company … Read more

Peng Lifeng, an official at the People’s Bank of China (PBOC), said in a statement on Wednesday that the central bank “will help banks in increasing loans for trade-in initiative.” Additional takeaways Will step up financial support for private and small firms in equipment upgrades. Will allocate 100bn yuan loans for select small technology firms. … Read more

Anyone who’s bought a new car and hit that triumphant fiscal milestone paying off the loan knows that finally taking possession of the title can be challenging. This spring the state Motor Vehicle Commission will require lenders switch to a process that’s been under testing since last May that will make that process, as well … Read more

As the January transfer window approaches, the buzz around potential big moves intensifies. One such intriguing possibility involves Manchester United’s Marcus Rashford, whose potential loan to AC Milan has caught the attention of football enthusiasts. According to David Ornstein of The Athletic, “Marcus Rashford’s representatives have held exploratory talks with AC Milan about loaning the … Read more

LINCOLN, Neb. (KLKN) – The Consumer Financial Protection Bureau decided Tuesday to remove medical debt from credit reports. That will blot out an estimated $49 billion in unpaid medical bills from about 15 million Americans’ credit reports. The bureau says borrowers’ credit scores could see an average increase of 20 points. Steven on the Now … Read more

GPs should be open and careful when using continuation funds or NAV loans if they want to maintain good relationships with LPs, said a private equity specialist from the UK’s biggest private-sector pension fund. Teia Merring, senior investment director at the £80 billion ($99.9 billion; €96.5 billion) Universities Superannuation Scheme (USS), was speaking on a … Read more

Sponsor JLL Also Funds Previously Announced $100 Million Equity Investment CHICAGO, Jan. 7, 2025 /PRNewswire/ — JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today that it originated a $32 million senior, secured floating rate first mortgage loan … Read more

This is a drawing of one of the proposed Creekside Apartment complex buildings in the Mendenhall Valley. (City and Borough of Juneau) The Juneau Assembly approved a $3 million loan Monday night to help a local developer construct a 60-unit apartment complex in the Mendenhall Valley. The money comes from the city’s Affordable Housing Fund. … Read more

The Mortgage Calculator has introduced advanced tools to assist borrowers in exploring FHA loan options. With a powerful FHA mortgage calculator and access to tailored loan programs, borrowers can secure affordable financing with confidence. MIAMI, Jan. 7, 2025 /PRNewswire-PRWeb/ — The Mortgage Calculator, a licensed lender (NMLS #2377459), is streamlining the FHA loan process with … Read more

GRANT COUNTY – Private nonprofit organizations within Grant County that were impacted by the 2024 wildfire season could be eligible to receive federal disaster loans up to $2 million from the U.S. Small Business Administration. PNPs within Wheeler, Gilliam, Umatilla, and Wheeler counties as well. Find the full SBA press release below: (Press Release from … Read more