Page 94 - Lending Program News Today

(FACEBOOK/MANILA BULLETIN) DOST Secretary Fortunato “Boy” T. de la Peña said Land Bank has approved the financial support for the agency’s three applications for the commercialization of inventions or innovations “for the first quarter of 2021.” He said funds were released to two inventions– “Mosquito Larvicide Comprising of Calcium Hydroxide and Clinoptilolite, and the Grains Thermal Speed Drying Tray Assembly.” While, Land Bank is expected to release the funding for “Microb...

Landbank expands student loan to cover gadget purchase for e-learning Share on email State-run Land Bank of the Philippines said it has expanded the coverage of its direct loan program for students to cover the purchase of electronic gadgets needed for online learning. Under the enhanced I-STUDY (Interim Students’ Loan for Tuitions towards Upliftment of Education for the Development of the Youth) Lending Program, Landbank is now offering a loan of up to P50,000 per student to finance the purc...

CALOOCAN CITY, March 3 (PIA) -- State-run Land Bank of the Philippines (LandBank) has expanded the coverage of its direct loan program for students to cover the purchase of electronic gadgets needed for online learning. Under the enhanced I-STUDY (Interim Students’ Loan for Tuitions towards Upliftment of Education for the Development of the Youth) Lending Program, LandBank is now offering a loan of up to P50,000 per student to finance the purchase of learning gadgets such as laptop, desktop ...

HUNTINGTON — Just over a week ago, West Virginia Gov. Jim Justice increased the maximum capacity limit for all restaurants and bars from 50% seating to 75%. Justice made the executive order effective Feb. 20, and while it was welcome relief, according to Chris and Laura Dixon, private owners of two local restaurants in the area, more needs to be done. Now they are working on a way to help state officials help them. “We very much appreciate the help from the governor on easing restrict...

By JON VIKTOR D. CABUENAS, GMA News Published February 28, 2021 4:31pm State-run lender Land Bank of the Philippines released P5.28 billion in approved loans under its Interim Rehabilitation Support to Cushion Unfavorably affected Enterprises by COVID-19 (I-RESCUE), nine months into the program. LandBank said the amount was released to 208 borrowers: 167 micro, small, and medium enterprises (MSMEs), 34 cooperatives, and four microfinance institutions (MFIs), and three large corporations a...

CANBERA (dpa-AFX) - The New Zealand dollar that initially fell against its major counterparts recovered immediately in the Asian session on Wednesday, after the Reserve Bank of New Zealand left

RBNZ next up to walk the central bank tightrope: NZD/USD Tony Sycamore February 23, 2021 3:05 AM Tomorrow at midday Sydney time sees the release of the Reserve Bank of New Zealand’s Monetary Policy Statement (MPS) which is expected to provide something for everyone. Share: At the baseline, key Monetary Policy settings are expected to remain unchanged. Th...

If more business owners understood the breadth of offerings--and not just PPP--now at their fingertips, they'd be better positioned for growth.

Up On Main Street -- this post authored by Donald P. Morgan and Steph Clampitt The Main Street Lending Program was the last of the facilities launched by the Fed and Treasury to support the flow of credit during the COVID-19 pandemic. The others primarily targeted Wall Street borrowers; Main Street was for smaller firms that rely more on banks for credit. It was a complicated program that worked by purchasing loans and sharing risk with lenders. Despite its delayed launch, Main Street purchased...

Banks have diverted resources from traditional Small Business Administration lending to make Paycheck Protection Program loans, but many are taking steps to rev up 7(a) and 504 lending once the PPP winds down.