The U.S. Small Business Administration approved 476 loans in Puerto Rico and the Virgin Islands during the first nine months of fiscal year 2013, an 18 percent increase over loans approved during the same period in 2012.
Banco Popular de Puerto Rico officials announced Monday the completion of the previously announced sale of a portfolio of non-performing residential mortgage loans with a book value and unpaid principal balance of approximately $438 million and $511 million, respectively. The all-cash transaction will reduce Popular’s non-performing residential mortgage loans by approximately 73 percent and total […]
The U.S. Small Business Administration announced Tuesday the SBA Veteran Pledge Initiative, a commitment by its top national, regional and community lenders to collectively increase their lending activity to veterans by 5 percent per year for the next five years.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
