Loans are provided at below market rates to women and organizations supporting women who traditionally have a hard time getting loans.
Lenddo and other sites like it are analyzing data from social networks and other factors to reach people who have a hard time getting loans.
Small firms find it hard to get loans or do not trust the high-street banks to stick with them if their businesses run into trouble.
When new loans are hard to come by, I believe we should help free up lending.
One reason that the banks got into such a mess was that the law made it hard to secure collateral for loans and to chase bad debtors.
Despite signs that global steel prices may be picking up, many steelmakers will find it hard to pay back the loans they took out to finance their expansion.
The credit-card firm has done much to right itself since 2001, when the economic slowdown hit its sub-prime customers (ie, those considered too risky for mainstream loans) particularly hard and defaults soared.
"Until we have an idea what these assets are worth, loans will remain hard to come by, whether they are between businesses or for average Americans, " it said in a statement Tuesday.
While the bank is working hard to modify the legacy loans with existing customers to avoid such huge write-offs in the future, it is definitely an uphill battle making us more cautious on our estimates.
This would hit many borrowers hard, since most mortgages and loans are in dollars already.
And across the region, it remains hard for female businesswomen to get loans, especially if they are not from prominent families.
Banks have learned some hard lessons and are seeking to hedge their bets on construction loans that are viewed as higher risk, in part because half-built properties can be hard to sell if the projects stall.
It would also impede the Federal Housing Administration from originating guaranteed mortgage loans, making it very hard for lower-income citizens to buy homes.
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We entered the workforce in a recession, with no expectation of anything except the ability to prove ourselves through hard work and to repay our student loans.
Billionaires in Russia and Ukraine have been particularly hard hit by lenders seeking repayment on balloon loans in order to shore up their own balance sheets.
Consider working with a "hard equity lender, " who specializes in making loans to vulture buyers.
Chairman Crawford Beveridge told me today that would be very hard on day one, as contracts, savings and loans would have to be re-denominated.
While there has been much hand wringing about a lack of bank lending in the country and an inability to get loans, Beal says he has found it hard to find good loan opportunities.
She said that microfinance honoured the hard-working nature of many poor people and borrowers preferred loans to donations.
And it wasn't easy to pay off these loans, but it sure wasn't as hard as it is for a lot of kids today.
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The survival of so many, thanks lately to generous loans from the Bank of Japan, has made it hard for the better ones to earn a decent profit.
Better-run urban collectives are finding it hard to get new credit: a mere 17% of bank loans goes to the collective sector, according to Clear Thinking, a Beijing consultancy, while state companies hog the rest.
Thus loans to small and medium-size businesses took an unnecessarily hard hit.
They have a window of opportunity in the first months of 1999 to make the hard choices on bank recapitalization, a new central bank law, problem loans and forced consolidation.
Chinese banks were offering loans to producers of raw materials at a time when it was hard for them to attract financing from elsewhere.
Though Indian banks have been trying hard to improve the quality of earnings, they are still writing off bad loans made in the 1980s.
Unfortunately, the steps needed to promote a climate conducive to such entrepreneurial hard currency infusions are being overlooked in the rush to advance taxpayer-underwritten loans, credit guarantees and trade insurance.
The intention is that these would be longer-term loans with a maturity of about 10 years, that small businesses find hard to prise out of our risk-averse banks.
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