CHICAGO, March 2, 2015 /PRNewswire/ — Golub Capital announced today that as Sole Bookrunner, Sole Lead Arranger and Administrative Agent, it provided a GOLD financing and equity co-investment to support the acquisition of Dental Services Group (DSG or the Company) by Cressey amp; Company (Camp;C). GOLD financings are Golub Capitals One-Loan Debt facilities.
Dental Services Group is a leading national full service laboratory network with over 40 dental laboratories that offer customers a comprehensive offering of dental prosthetic solutions, including fixed, removable, implant, orthodontic and sleep dentistry products. DSGs highly-skilled dental technicians utilize the latest technologies...
Nationwide said annual home-price growth eased to 5.7
percent in February, a 17-month low, from 6.8 percent in
January. From the previous month, prices fell 0.1 percent.
The BOE data showed that the effective interest rate on new
mortgages fell 19 basis points in January to 2.81 percent. The
rate on outstanding secured loans fell 1 basis point to 3.17
Lending on homes rose 1.56 billion pounds in January, and
consumer credit increased 817 million pounds.
Separately, the BOE said loans to non-financial businesses
rose 1.9 billion pounds in January from December, reversing
falls in previous months. Lending to small and medium-sized
“The broader economic backdrop has remained supportive of
housing market activity. Mortgage rates remain close to all-time
lows and consumer confidence remains buoyant,” said Robert
Gardner, chief economist at Nationwide. “Nevertheless, the pace
of housing-market activity remains fairly subdued.”
The average house price stood at 187,964 pounds ($289,800)
in February, according to Swindon, England-based Nationwide.
Home-loan approvals rose to 60,786 from 60,349 in December,
the BOE said Monday. The median forecast of economists in a
Bloomberg News survey was for an increase to 61,000.
Approvals are still...
Santander Consumer USA Holdings (NYSE:SC) General Counsel Eldridge A. Burns sold 36,077 shares of the stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $20.46, for a total value of $738,135.42. Following the completion of the transaction, the general counsel now directly owns 20,759 shares in the company, valued at approximately $424,729.14. The transaction was disclosed in a document filed with the Securities amp; Exchange Commission, which can be accessed through this link.
Santander Consumer USA Holdings (NYSE:SC) opened at 20.73 on Tuesday. Santander Consumer USA Holdings has a 52-week low of $16.52 and a 52-week high of $26.37. The stocks...
Have you ever tried to get a loan in the past? Chances are you have. Whether it be a student loan, personal loan, or mortgage, the process always seems to be a pain to say the least. Finding and comparing offers, then applying; all with the hopes of being approved can proved to be incredibly time consuming. However, there’s a new kid on the block in the industry that seems to be making finding private loans not only a possibility, but a simple process.
To make the process easier on consumers, they have compiled a list of private lenders that are waiting for the opportunity to invest in students, mortgage hopefuls, and those looking for personal and business loans. All you need...
Roughly half of Americans have no savings, a precarious situation that is even more acute for the roughly 40 million Americans who are paying off student loans.
The mountain of debt, which now totals $1.2 trillion, is not surprising, given the soaring costs of higher education. Four years of in-state tuition at public colleges and universities now runs an average of $23,410, while the average tab for four years at a private institution stands at $46,272, according to The College Board.
But its still possible — and ever more important, given the spiraling costs — for people to save, even while paying off school loans, said CBS News financial analyst Jill Schlesinger....
Theodore Roosevelt wasnt lying when he said, believe you can and youre halfway there.
But, and this is true for most small businesses, the second half of the race to success is a little more difficult.
Whys that? Because every good idea takes money to become a reality. Further, even the most successful entrepreneurs must convince investors that their plans are worth lending money to.
It is imperative for todays small business owner to understand the mechanics of building and properly utilizing business credit to fully maximize their potential in the increasing market competition once the proper foundations are built a legion of doors open up for business growth...
January lending data released from the PBOC showed that new RMB loans reached nearly 1.5 trillion RMB for the month, more than doubling vs. December, and up +11% YoY. Foreign currency loans grew +10% YoY to approximately 912 billion USD.
Data for this month topped the consensus expectation for lending of about 1.4 trillion RMB, and suggested that recent steps Chinas central bank had made to boost lending are showing some results.
Social financing, which includes non-bank lending sources, was about 2.1 trillion RMB, down about -19% YoY, but was about +24% vs. last month.
Other data released by the PBOC showed that the money supply (M2) growth slowed slightly vs. December....
ALBANY, NY — Syracuse Mayor Stephanie Miner told state legislators during a budget meeting today that her city needs state money to fix its water system and other aging infrastructure. She made it clear that she meant grants, not just loans.
Syracuse and most other municipalities simply do not have the revenues to pay back any loans, even ones with a low interest rate, Miner said. She spoke this afternoon for about 25 minutes at a joint legislative budget hearing on the needs of local governments.
Miner said it doesnt make sense for state government to support economic development in Syracuse without also investing in the citys infrastructure.
To make a $14.5 million...