Credit Unions Feel Stymied By Lending Limitations

After five years as a personal trainer, Nick Irons was ready in 2010 to open his own fitness studio in Bethesda. His search for financing took him from behemoth HSBC to community lender EagleBank. Problem was every bank he approached turned him down. ¶ Irons was bewildered. ¶ “My business was successful before I decided to open a studio, but most banks looked at it as if it were a brand new start-up, not an extension of an existing business,” he said.

Topics:  nick irons   bethesda   hsbc   eaglebank   read   i   irons   years   open   
BING NEWS:
  • Credit Unions Must Elevate Mobile Aptitude
    In the eyes of the customer, credit unions have always been perceived differently than large-scale banks. Despite offering all the services that customers have come to expect from their financial institutions, credit unions have been considered stymied by ...
    04/22/2014 - 4:26 am | View Link
  • Credit Unions feel stymied by lending limitations
    (Jeffrey MacMillan/Capital Business) Mid-Atlantic has had to pull back on making loans because it is nearing a federally mandated cap on business lending. That cap is at the center of a contentious fight between the credit union and banking industries ...
    06/9/2012 - 9:00 pm | View Link
  • NCSECU: Credit union helps customers avoid overdraft fees
    North Carolina State Employees' Credit Union (NCSECU) is no mom-and-pop lending shop. It's the second-largest credit ... The NCSECU campaign is one way credit unions can take advantage of public animosity toward Wall Street and large banks and build ...
    09/7/2010 - 1:00 pm | View Link
  • The 1920s Credit Bubble
    But lately, a striking unease with market forces has entered the conversation. The world confronts problems of staggering complexity and consequence, from a shortage of credit following the mortgage meltdown to the threat of global warming. Regulation ...
    01/13/2008 - 7:17 pm | View Link
  • More
BING SEARCH:
  • Home
    Credit Union, Bank, Financial Institution, Free Checking, Auto Loans, Mortgages, Home Equity Loans, Money Markets, Business Lending
    01/27/2015 - 4:52 am | View Website
  • Member Business Solutions, LLC
    Member Business Solutions (MBS) is a credit union service organization (CUSO) serving member business lending (MBL) needs.
    01/26/2015 - 9:36 pm | View Website
  • Florida repossessions
    Above one can find different financial institutions which may have bank repo cars for sale within Florida. Repo properties, which include watercraft, RVs, houses ...
    01/26/2015 - 5:18 pm | View Website
  • Student loans, Banking, Credit Cards & Insurance
    Banking Insurance Credit Cards Upromise Rewards Plan for College Saving for College Scholarships for College College Grants Financial Aid Types of Student Loans The ...
    01/26/2015 - 10:23 am | View Website
  • Home
    You may qualify for rates as low as 10.5% APR*. You can even transfer other high rate credit cards to your DATCU Platinum MasterCard® and save even more.
    01/26/2015 - 4:32 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News