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.

Sunday March 01, 2015 Finance No Comments

Don’t Make Industry ‘a Bad Word’, Says Finance Minister Defending Land Reforms

New Delhi:
Activating a strong defense of the governments proposed land reforms, Finance Minister Arun Jaitley chided the opposition today, saying Please do not create an atmosphere where industry and infrastructure become bad words. Mr Jaitley, speaking in Parliament, said parties like the Congress have erred greatly in hawking the governments plans as anti-farmer.

This debate is not between rich and poor or farmer vs non farmer, but about adding to the poverty of India, said the minister.

article source


Sunday, March 1st, 2015 Finance No Comments

Bankruptcy Canada Inc. Says Ontario Debt Settlement Industry Undergoing …

(PRWEB) February 24, 2015

“Not a single debt settlement firm in Ontario will be in business eighteen months from now”, says Mark Silverthorn, former collection lawyer, collection industry insider, blogger, and author.

The disappearance of traditional debt settlement providers from the marketplace in Ontario will mean major opportunities for some small law firms and collection agencies in the province. Lawyers, in particular, should do very well because they are exempt from the new law, and, therefore, are able to avoid the draconian restrictions on fees faced by traditional debt settlement firms.

Many existing debt settlement firms in Ontario are scrambling...


Saturday, February 28th, 2015 Debt Settlement No Comments

Clay Hunt SAV Act signed into law

Today is a more hopeful day for Americas veterans, Paul Summergrad, MD, President of the APA, said in a press release. The brave men and women who served our country have sacrificed so much for us, and the Clay Hunt SAV Act is one way we can begin to repay them by improving much-needed access to mental health care and to reduce the tragedy of veteran suicides. We will now focus our attention to ensure the provisions of the Clay Hunt SAV Act are carried out. We have no more important obligation.

The legislation will introduce a pilot program that will repay the medical school loans of psychiatrists who agree to serve in the Veterans Health Administration; enable improved access to mental...


Saturday, February 28th, 2015 School Loans No Comments

Market Chatter- Corporate finance press digest

n>Feb 26 (Reuters) – The following corporate finance-related
stories were reported by media:

* Japans Mizuho Financial Group Inc is in talks to
buy Royal Bank of Scotland Group PLCs North American
loan assets, a source with knowledge of the deal told Reuters on

* Indian government would wait until crude oil prices
stabilize at around $70 a barrel before selling a 5 percent
stake in ONGC Ltd, moving disinvestment in the
countrys most profitable company to the 2015-16 fiscal, the
Times of India reported citing government sources. Also, time
was not ripe for offloading a stake in refiner-marketer Indian
Oil Corp,...


Saturday, February 28th, 2015 Finance No Comments

Britain to lead the world in Islamic finance

Britain was also committed to promoting a peaceful and prosperous Middle East and expanding trade ties with the region, which topped £35bn last year, said Mr Ellwood.

We must promote inclusive political participation and job creation across the region, said the under secretary of state.

A long-term security strategy must have prosperity at its heart.

Islamic finance products comply with religious rulings, known as sharia, to pool risk and prohibit traditional interest payments.

There are currently six Islamic banks in Britain, while another 20 lenders currently offer Islamic financial products and services, more than any other Western country.



Saturday, February 28th, 2015 Finance Comments Off

Best Debt Settlement Awards Announced by 10 Best Debt

Clinton Township, Michigan (PRWEB) February 23, 2015

10 Best Debt is an organization that creates awards for some of the best firms in the industry, with categories including Best Overall Company, Best Company for Bankruptcy, Best Debt Management, Best Negotiation, and Best Debt Settlement. Recently, the company announced some of the best companies working in the debt settlement industry.

As a company, 10 Best Debt is dedicated to providing valuable information to those in need of debt relief and debt consolidation. 10 Best Debt does not actually provide debt management services, but its panel of experts is committed to helping individuals with financial and credit...


Saturday, February 28th, 2015 Debt Settlement Comments Off

Court: Debt settlement company must give up $4.2m in fees


A state appeals court says a hearing examiner properly ordered a debt settlement company to give up $4.2 million in fees and pay nearly $2 million in forfeitures because it was operating without a license.

article source


Friday, February 27th, 2015 Debt Settlement Comments Off

10 Simple Money-Saving Tips That Carry A Big Bang At The End Of The Year

Below are 10 simple money-saving tips that you may not have thought about – each with some serious financial benefits. Saving money does not have to be a chore; it is an accumulation of habits and adjusted perspectives, none of which are detrimental to your daily routine.

The goal of these 10 tips is to not overhaul your life, but to make manageable, tiny tweaks that carry a big bang at the end of the year.

article source


Friday, February 27th, 2015 Saving Money Comments Off

National Debt Relief Gets an A+ Rating from New York Better Business Bureau …

NEW YORK, Feb. 26, 2015 /PRNewswire/ –National Debt Relief (NDR), one of the leading debt settlement companies in the country recently got an upgraded Better Business Bureau (BBB) rating. What was once an A rating is now an A+ rating., a trusted business review website is committed to providing customers with an unbiased reflection of a companys reliability and trustworthiness. Based on the page of National Debt Relief on the BBB website, all their ratings are based on 13 factors. But the reasons why NDR got a higher rating are credited to these four factors:

Length of tenure in the debt relief industry.

Volume of complaints (filed with BBB) against...


Friday, February 27th, 2015 Debt Settlement Comments Off

Divergent Agrees to Issue Shares for Debt

CALGARY, ALBERTA–(Marketwired – Feb. 20, 2015) –


Divergent Energy Services Corp. (TSX VENTURE:DVG) (the Corporation) announces that it has entered into an agreement (the Debt Settlement) with MCM Consulting Inc. (MCM), providing for the settlement of a debt (the Debt) arising under a Trade Name and Trade-mark License Agreement dated November 14, 2012 between MCM and Karlington Artificial Lift Ltd., a wholly-owned subsidiary of the Corporation. The Debt, which is in the amount of approximately US$240,000, was originally recorded and disclosed in the Corporations financial statements as a contingent liability,...


Friday, February 27th, 2015 Debt Settlement Comments Off