Big Financial Leaps For Small Enterprises

Forbes 2011 financial report came out with some very interesting news and surprising unheard of companies that really rocked the financial world. Many huge conglomerate companies that we all expect to really be on top of the financial reports were actually reporting slow lending, losses and basically overall poor results. Even with some of the poor and unexpected reports there was some interesting news that surfaced.

The Mexican billionaire Ricardo Salinas is considering bringing his micro-lending business to the United States where he will focus on lending to women. Salinas stated "Because 85 percent of women owned businesses can be considered micro enterprises that a well managed micro financing program would be a great asset. Personal Loans Pro is yet another surprise that hit reports primarily due to its diversity of providing nationwide assistance to people that have bad credit but their Online Personal Loans program is also designed to provide people with the best interest rates found nationwide. Providing nationwide services and instant online application processing definitely provides convenience and outstanding results.

Tuesday October 21, 2014 Finance No Comments

Sauce magnate Junki Yoshida’s friends finance challengers for Troutdale City …

Sauce magnate Junki Yoshidas friends finance challengers for Troutdale City Council ahead of development deal

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Tuesday, October 21st, 2014 Finance No Comments

Plumas Bancorp Reports a 32% Increase in Third Quarter Earnings

Plumas Bancorp Reports a 32% Increase in Third Quarter Earnings

October 16, 2014: 09:00 AM ET

QUINCY, Calif., Oct. 16, 2014 (GLOBE NEWSWIRE) — Plumas Bancorp (Nasdaq:PLBC), a bank holding company and the parent company of Plumas Bank, today announced third quarter 2014 earnings of $1.3 million, an increase of $320 thousand or 32%, as compared to $1.0 million during the third quarter of 2013. For the nine months ended September 30, 2014, Plumas Bancorp (the “Company”) reported net income of $3.4 million an increase of $879 thousand or 35%, from $2.5 million during the first nine months of 2013.

Net income allocable to common shareholders increased...

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Tuesday, October 21st, 2014 Automobile Loans No Comments

Students need training in finance basics

Currently, Florida high school students are required to take 24 course credits to graduate 16 required and eight electives. I am proposing legislation to include personal financial literacy as a half-credit requirement, making 16.5 credits in required courses and 7.5 in electives. The total number of course credits to graduate would remain at 24, and students would still have ample credits available for electives such as music and art. The course would include learning about banking, money management, credit cards, loan applications, insurance policies, income and other taxes, computing interest rates, investments and other financial matters. The course would incorporate skills learned in math...

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Tuesday, October 21st, 2014 Finance No Comments

Illinois company expanding to Las Vegas, bringing 353 jobs

A pharmaceutical fulfillment company will expand to Las Vegas next year with 353 jobs and an employment pipeline to the University of Nevada, Las Vegas after winning a $3.4 million incentive package from the Governor’s Office of Economic Development.

Schaumburg, Ill.-based Catamaran LLC will build a 100,000-square-foot facility at UNLV’s Harry Reid Research and Technology Park at Sunset Road near Durango Drive, just off the Las Vegas Beltway.

Michael Shapiro, senior vice president and chief financial officer of Catamaran, said by locating the facility at the Reid tech park the company expects to tap students pursuing degrees in pharmacology through UNLV. Shapiro said...

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Monday, October 20th, 2014 Automobile Loans No Comments

VOLTA FINANCE – APPOINTMENT OF A BOARD MEMBER

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

*****

Guernsey, 16 October 2014 – The Board of Volta Finance Limited (the Company) have appointed Stephen John Le Page as a director to the Board.#xA0; In addition Mr Le Page will assume the role of Audit Committee Chairman and Paul Meader Senior Independent Director on the retirement of Christian Jimenez at the forthcoming Annual General Meeting. Mr Jimenez has served the Company since inception as Audit Committee Chairman and Senior Independent Director and the Board would like to express their thanks...

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Monday, October 20th, 2014 Automobile Loans No Comments

Black money study reports yet to be accepted: Finance Ministry

New Delhi:The Finance Ministry is yet to accept two of the three reports submitted to it on the assessment of black money in India and abroad which were commissioned by the UPA government three years ago.

The studies were conducted by the Delhi-based National Institute of Public Finance and Policy (NIPFP) and National Council of Applied Economic Research (NCAER), and National Institute of Financial Management (NIFM) at Faridabad.

Report from one institute has been received and accepted and reports from the remaining two institutes have been received but yet to be accepted by the government so far, the Finance Ministry said in reply to an RTI query.

It, however, declined...

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Monday, October 20th, 2014 Finance No Comments

Commissioners to assign bid, honor finance department

The Onslow County Board of Commissioners is set to assign a bid for a property it recently won at foreclosure auction, present its finance department with a recently received award and more during its Monday night meeting.

According to Tax Administrator Harry Smith, Onslow County bid at a Stump Sound foreclosure sale to help ensure the county will get what’s owed.

“When a parcel is going to auction the county will enter a bid for the amount of taxes and attorney fees that have been incurred (or owed on the parcel),” he said.

The county bid on parcel 051600, a 1-acre parcel located at 110 Old Mill Road, for $6,651.61.

Rufus Murray and Sharon...

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Monday, October 20th, 2014 Finance No Comments

Need some extra cash? 5 apps to help you make money from your smartphone

Mobee (available on iOS\Android) 
Mobee is creating an army of mystery shoppers, offering you money for being a watchdog for big store chains and brands. 

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Monday, October 20th, 2014 Money Comments Off

Rifco Increases Aviator Trust Securitization Facil…

Rifco Increases Aviator Trust Securitization Facility to $30 Million

Red Deer, Alberta / TNW-ACCESSWIRE / October 14, 2014 / Rifco Inc. (TSXV: RFC) is pleased to announce that its wholly owned subsidiary Rifco National Auto Finance (“Rifco or Company”), has received a funding facility renewal from Aviator Trust for $30M. This replaces a previously authorized $20M facility which had been 100% utilized.

 

The facility limit increase will accommodate new loan origination growth. Previously securitized loans are not included in the utilization calculation for the new facility.

 

With this renewal, the Company has four funding facilities representing...

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Sunday, October 19th, 2014 Automobile Loans Comments Off

5 Money Lies We Tell Ourselves

When trying to make ourselves feel better about our financial situation, we often tell ourselves little lies that ease our minds about things. The problem is, if we tell ourselves these lies enough, we tend to start believing them. A sound financial strategy is to recognize the lies we are telling ourselves and vow to stop lying. Here are the most common financial lies we tell ourselves:

1. If I borrow money from my savings, Ill definitely pay it back.

We all tell ourselves this, but very few of us actually pay ourselves back. The money is there and its convenient, so we make up an excuse so we can easily access it. The problem is, if you dont have they money to pay for something...

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Sunday, October 19th, 2014 Money Comments Off