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Antigen parent gets loans
Worcester Telegram
TORONTO — Generex Biotechnology Corp. has secured loans that could be worth $3.6 million in Canadian dollars to fund development efforts, the company said today. The company said in a filing with the Securities and Exchange Commission that it borrowed ...

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The Hindu

Three arrested for cheating banks
The Hindu
Three persons, who secured loans worth Rs.1.07 crore from various banks after floating five fictitious software companies, were caught by the city police on Sunday. The arrested persons, M. Venkata Suresh, K. Srinivasa Rao and his brother Naveen Kumar, ...

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IVAs and DMPs may no longer be taboo with lenders
Debt Management Today
This includes everything from a full panel of secured loans lenders to Bridging Finance, Equity Release and Sale and Rent Back Products. Why are IVAs now looked upon in a more positive light by lenders? When clients have completed an IVA it provides a ...



Forbes

IRS Wins $62M GE Tax Shelter Case
Forbes
The IRS attacked the structure arguing that: (1) the overall arrangement was a sham, and (2) the foreign banks were not really partners, and really held secured loans. The first court held against the IRS saying the deal was legit and wasn'ta sham.

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Jeff Sangalis to join ORIX Corporate Capital in Dallas
Houston Business Journal
The firm will provide capital for buyouts or acquisitions and investing in businesses. ORIX Corporate Capital specializes in a range of investing, including debt and equities securities, secured loans and credit default swaps.
Jeff Sangalis Joins ORIX Corporate Capital as Managing Director of Mezzanine ...Business Wire (press release)

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People More Influenced by Mypaydaycashloan.Com Services As It Works for Common Man
SBWire (press release)
The trend of secured loans business is popular since years. The demerit of this business is when borrowers are unable to pay back the secured loans on time. In some cases lenders take some sort of action against them. Some people are hesitant to take ...

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Horizon Technology Finance Provides Investment Portfolio Update for Fourth ...
MarketWatch (press release)
FARMINGTON, Conn., Jan 5, 2012 (GlobeNewswire via COMTEX) -- Horizon Technology Finance Corporation /quotes/zigman/626803/quotes/nls/hrzn HRZN -0.18% (the "Company" or "Horizon"), a leading specialty finance company that provides secured loans to ...

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Reliance Communication gets biggest ever overseas loan refinancing deal worth ...
Economic Times
Reliance Communications said on Tuesday it has secured loans from a host of Chinese banks to refinance $1.18 billion worth of outstanding foreign currency bonds due for redemption on March 1. The deal will provide respite to the No.

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India Today

NBFCs make hay as gold loans shine
India Today
"The pay cuts and job losses seen in the past 12 months has forced many people to go for cheaper secured loans by pledging gold. People don't want to sell gold but want to raise money. This is a value unlocking exercise," said Bhambwani.



Personal Guarantees – A grey area for SMEs
Bridging and Commerical
A recent survey, conducted by personal asset lender borro, found that directors of SMEs are now just as likely to turn to secured loans for funding as they are an extended overdraft facility or unsecured bank loan. Even more so, when applying for ...


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