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Deep Blue Sea
Be wary of scammers offering bogus loans to desperate small business owners.

Other bank information Related Articles

What is a Small Business Administration (SBA) Loan?
As a new entrepreneur looking for capital, one of your first options for a loan will be a SBA-backed loan. SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. (You are still liable for the loan, so your obligation does not go away) This makes it easier for banks to lend to budding entrepreneurs, but it does not mean that the bank can lend indiscriminately. The bank will analyze the application to protect its interest as well as the SBA’s.
Central Bank of Nigeria (CBN) Approves Conversion of Community Bank into Microfinance Institution (MFI)
The Central Bank of Nigeria (CBN) has approved the conversion of the Olabisi Onabanjo University Community Bank Limited into a microfinance bank. The community bank has operated on the campus of Olabisi Onabanjo University in Ago-Iwoye, Nigeria since March of 2003, and the majority of its shareholders are affiliated with the university. One source reports that, in its first year in business, the bank made a surplus that was “far in excess of its total paid up capital,” but no other sources were found to corroborate this information and no further information was found on the OOU Community Bank.
The Roles And Responsibilities Of The Canada National Bank
Canada National Bank is the central bank of Canada. Although, it is important to know that it is not a government department. It is rather a crown corporation owned by the government. Though its activities are almost independent, its earnings go to the federal treasury and shares are directly held by the finance ministry. Besides that, it is not the federal public service agency but the bank itself that regulates the employees of this bank. It was after the introduction of the 1934 Bank of Canada Act that gave this bank the monopoly on the issuance of banknotes. The value of the Canadian dollar depends upon the actual amount of money created by this bank. Its main task is to promote the financial and economic well being of Canada.

Where to open an offshore bank account
Provides information on offshore banking and potential benefits of opening an offshore bank account. Also includes key aspects of Singapore and Hong Kong as the top jurisdictions in which to open an offshore bank account.

Real World Lessons On Inventory Financing from Purchase Order To Cash
Information for Canadian business owners and financial managers on non bank inventory financing and purchase order finance . How do these finance mechanisms work, and are they alternatives to bank financing that make sense for sales and profit growth .

Canadian Business Capital – Bank Business Lines of Credit & Alternatives
Information on acquiring bank business lines of credit in Canada. How are these facilities secured, how do they work, and are their alternatives to business capital requirements other than the bank?
Important First Step - Understanding Why An ABL ( asset based lending) Business Line Of Credit Is Different
Information on ABL asset based lending as a strong alternative to traditional bank financing for a business line of credit . Why this type of financing works and how it differs from a bank loan or operating line .

Commercial Bank Financing In Canada – Solutions and Maybe An Alternative Via Business Banking Competitors!
Information on commercial bank financing in Canada . What are the key issues in getting approved for the business financing your firm needs . There is in many cases a bank alternative via non bank financing from competitors to the Canadian banking industry .

What’s The Best Financing & Funding In Canada For Your Business - Tips On A Corporate Bank Loan
Information on how to address success via a corporate bank loan for the financing and funding of your business . Bank facilities and pricing are the best solution for your finance needs, IF .. you know how to address the bank process.
Canadian Business Banking Needs? The Edge On Bank Lines Of Credit ! Who’s Best In Canada ?
Information on Canadian bank lines of credit . How do you pick the best business banking facility in Canada . What Canadian business owners and financial mangers should consider in Bank financing .
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