EDB closes Fiscal ’12 with $208M loan portfolio
June 29, 2012
The Economic Development Bank for Puerto Rico closed Fiscal ’12 with a record-setting $208 million portfolio of loans granted to the island’s small and mid-sized businesses, the highest figure on record since its establishment in 1985, agency officials said Thursday.
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EDB OK’s $8M loan, credit line to Guayanilla firm
June 28, 2012
The Economic Development Bank announced Wednesday it granted local company South Puerto Rico Towing and Boat Service Inc. an $8 million loan and credit line to use for operating expenses.
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Scotiabank approves $20.4M for EDIC College acquisition
May 1, 2012
Scotiabank de Puerto Rico recently approved $20.4 million in financing to Renovous Capital, LP to complete its acquisition of EDIC College Inc., the bank announced Monday.
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SBA loan activity in P.R., USVI up 13% during 1st half of FY ’12
April 12, 2012
The U.S. Small Business Administration approved 264 loans in Puerto Rico and the U.S. Virgin Islands during the first six months of fiscal year 2012, a 13 percent increase over loans approved during the same period the previous year, the agency said Thursday.
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Popular Auto taking show on the road
March 9, 2012
Auto financing company Popular Auto is taking its portfolio of products and offers on the road, visiting dealerships from Río Piedras to Ceiba this weekend as part of its “Popular Auto in your dealer” campaign.
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P.R. exploring its export potential through incentives, commercial missions
September 28, 2011
Local companies with a desire to export their goods and services have the opportunity to participate in at least 15 commercial missions that the government has on its agenda for next year that could potentially generate more than $22 million in sales, Economic Development and Commerce Secretary José Pérez-Riera said Tuesday.
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Architects offer housing finance, development workshop
September 6, 2011
As part of the activities it has scheduled for Architecture Week, the Puerto Rico School of Architects and Landscape Architects will sponsor a pair of workshops Friday that are open to experts and the general public interested in the development of the island’s urban environment.
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