Articles tagged:lending

Posted: Wed Mar 31 6:53 a.m. by AnnArbor.com Staff

Bigger grants for college students who need them. Relaxed payment terms for students with loans. More money for community colleges and historically black institutions. The law that President Barack Obama signed Tuesday could mean big changes for hard-pressed students and colleges as the government becomes the primary issuer of student ...

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Posted: Thu Dec 17 5:57 a.m. by James Briggs AnnArbor.com

Raymond James & Associates Inc. is preparing to move into a larger and more visible office just across the hall from its current location at 350 S. Main St. in downtown Ann Arbor. After the first of the year, Raymond James will occupy the 7,000-square-foot space that sprawls across the ...

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Posted: Thu Dec 17 5:55 a.m. by James Briggs AnnArbor.com

As large banks cut back on lending, credit union membership is growing. On the strength of flexible lending, Michigan’s 1,043 credit unions so far this year have added 59,000 members, the highest number in five years, and lent $23.3 billion, a 5.6-percent increase from last year. That trend is holding ...

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Posted: Thu Nov 5 2 p.m. by AnnArbor.com Staff

Fewer loans were written under federal Small Business Administration guidelines in Michigan during 2009, according to a new report. Forty-two percent fewer loans were written by the SBA, representing a 25-percent drop in dollar volume, according to a story published today by Business Review West Michigan. A total $236.5 million ...

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