Scoring with underplayed loan option

Scoring with underplayed loan option

GIVEN THE STRONG NEED FOR small business financing in New York City, a program that has generated only 11 loans here so far this year might not seem noteworthy. But that total is 50% more than the Excelsior Linked Deposit program produced in the city in the preceding four years -- a sign, bankers sa...

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Veröffentlicht in:Crain's New York business 1998-07, Vol.14 (30), p.10
1. Verfasser: Tierney, Jennifer
Format: Artikel
Sprache:eng
Schlagworte:
Banks
Economic development
Lending
Location of industry
Manufacturers
Small business loans
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Zusammenfassung:GIVEN THE STRONG NEED FOR small business financing in New York City, a program that has generated only 11 loans here so far this year might not seem noteworthy. But that total is 50% more than the Excelsior Linked Deposit program produced in the city in the preceding four years -- a sign, bankers say, that the state-sponsored low-cost loan program is finally taking hold in the five boroughs.
ISSN:8756-789X