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PRESS RELEASE: Talonvest Capital Structures Industrial Refinance Loans for Burke Real Estate Group
2013-08-09 21:26:00| National Real Estate Investor
Amanda Waite Talonvest Capital, Inc. successfully negotiated and closed $12,230,000 of permanent financing secured by two multi-tenant industrial properties in Orange County, CA. The non-recourse, 10 year, fixed rate loans were procured on behalf of partnerships sponsored by Burke Real Estate Group, which is headquartered in Costa Mesa, CA with an office in Austin, TX. Cedar Grove Business Park is a fully occupied, 80,980 square foot, fully renovated property located in Garden Grove, CA that has extensive frontage and billboard signage on the CA-22 Freeway. Orange Technology Center is a 48,239 square foot, fully occupied, business park located on Angus Avenue in Orange, CA that includes buildings specifically built for automotive users. read more
Are Lengthy Used Car Loans a Bubble Ready to Pop?
2013-08-06 23:32:48| AutomotiveDigest.com - Automotive Industry News
Used car loans have been getting longer, according to Experian Automotive loans of 61 to 84 months made up nearly half of used vehicle loans in the first quarter of this year. Loans in the 61 to 72 month rose 6% during that time, and loans in the 73 to 84 month range spiked up 23%. There was decline in loans with 60 months or less. The loans are appealing to consumers but are something to watch. Tom Webb, chief economist at Manheim Consulting, thinks its a significant trend. Webb thinks its a bubble in the early stages of formation.The Article Are Lengthy Used Car Loans a Bubble Ready to Pop? appeared first on Automotive Digest.
AUDIO: Church 'allowed to invest in payday loans'
2013-07-26 09:03:47| BBC News | Business | UK Edition
Jonathan Bartley, founder and co-director of Ekklesia, a Christian think tank based in London, explained that the Church of England is permitted by it's policies to "invest in payday loans providing it it not more than 25% of their business".
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Longer Car Loans Give Dealers Selling Options
2013-07-26 09:00:57| AutomotiveDigest.com - Automotive Industry News
As stretch car loans gain favor with buyers, and personal finance gurus sound the alarm, dealers can offer a wider range of options to car shoppers. Find out more about the pros and cons of stretched and 72-month auto loans. [More]The Article Longer Car Loans Give Dealers Selling Options appeared first on Automotive Digest.
Archbishop warns Wonga on loans
2013-07-24 21:08:18| BBC News | Business | UK Edition
The Archbishop of Canterbury warns the on-line lender Wonga that low-cost credit unions could force it out of business.
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