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Earnings down, loans way up at Community 1st Bank - Sacramento Business Journal

2014-07-31
Earnings down, loans way up at Community 1st BankSacramento Business JournalCommunity 1st Bank had total assets of $219 million and June 30 this year, up 7.8 percent from assets of $203 million at the same time in 2013. A 2006 startup, Community 1st Bank is based in Auburn and has branches in Roseville and Auburn and a loan ...

Milwaukee fashion startup Wantable lands $1.5 million Series A financing - Milwaukee Business Journal (blog)

2014-07-31
Milwaukee fashion startup Wantable lands $1.5 million Series A financingMilwaukee Business Journal (blog)Fast-growing Milwaukee fashion startup Wantable Inc. has secured $1.5 million in Series A funding, the company said Thursday. ... the season. Funding will go toward continued expansion and adding a fourth item — fitness wear — to Wantable's offerings.and more »

£100m in 20000 start-up loans - Sheffield Telegraph

2014-07-31
GrowthBusiness.co.uk£100m in 20000 start-up loansSheffield TelegraphThe Government has made its 20,000th Start-Up Loan - to a portrait artist in Stratford-upon-Avon. The Start Up Loans Company has now offered more than £100 million to entrepreneurs wanting to set up their own business. Business Secretary Vince Cable ...Start Up Loans scheme moves past £100 million markGrowthBusiness.co.ukall 2 news articles »

Meet The Startup That's Happily Taking On $350 Million In Debt - Forbes

2014-07-30
ForbesMeet The Startup That's Happily Taking On $350 Million In DebtForbesbased startup called Privlo. Not exactly the typical financial situation for a young startup, at least one that isn't lighting wads of dollar bills on fire. For Privlo founder Michael Slavin, however, the debt is critical to his business. The more, the ...Privlo Raises $350 Million in Debt for Mortgage LoansBusinessweekall 7 news articles »

Snapchat could become latest start-up to reach a $10-billion valuation - Allentown Morning Call

2014-07-31
HITCSnapchat could become latest start-up to reach a $10-billion valuationAllentown Morning CallThe Venice Beach start-up, whose app enables users to send photos and videos that disappear seconds after they're viewed, is reportedly in talks with investors including Chinese e-commerce behemoth Alibaba Group Holding for a funding round that would ...Snapchat funding talks with Alibaba could value company at $10bnHITCIs Snapchat The Next $10 Billion Startup?Fast Companyall 127 news articles »

Steve Case-backed swappable eyeglasses startup launches publicly - Washington Business Journal (blog)

2014-07-31
Steve Case-backed swappable eyeglasses startup launches publiclyWashington Business Journal (blog)Until Wednesday, the only way to get a pair of Frameri's glasses was to have backed the startup's Kickstarter campaign. It's been a long road getting to that point, Billetz said, and part of that was raising a $750,000 round of funding led by CincyTech.

In Berlin, Technology Companies Search For Elusive Exits - Forbes

2014-07-31
ForbesIn Berlin, Technology Companies Search For Elusive ExitsForbesKinnevik also owns 24% of Rocket Internet, Berlin's serial startup cloner, which according to sources close to the company has already embarked on presentations to gauge public investor interest. Having launched 75 companies–including Zalando–since its ...

Morning Agenda: Bank of America and US Far Apart on Deal - New York Times

2014-07-31
Morning Agenda: Bank of America and US Far Apart on DealNew York TimesThe case exposed fraudulent practices in one of Countrywide's lending programs nicknamed the hustle, which linked bonuses to how fast bankers could originate loans. ... The business earned nearly $2 billion in profit, atop $11.3 billion in revenue ...

How To Get Your Business Noticed By Venture Capital - Forbes

2014-07-31
ForbesHow To Get Your Business Noticed By Venture CapitalForbesFor every successful start-up, umpteen entrepreneurs will fail – despite having brilliant ideas. Many of these failures will be down to one major problem that faces new businesses anywhere in the world: finding finance. One solution, with added potency ...

Small-business owner has difficulty finding mortgage loan - Chicago Tribune

2014-07-31
Small-business owner has difficulty finding mortgage loanChicago TribuneIn the first scenario, small business owners will often run on very little cash flow, particularly when starting up a business. Every creditor, employee and bill gets paid before the owner can take a paycheck. In the second scenario, there are plenty ...and more »