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Money

Small business owners should not be discouraged by lending decline

Small business owners should not be discouraged by lending decline
BY ROHIT ARORA
COMMENTARY

This month, both the Small Business Administration (SBA) and Biz2Credit’s Small Business Lending Index confirmed what entrepreneurs have known for quite a while: the credit crunch is still not over.

The SBA reported that bank lending to small businesses fell $15 billion in the first quarter of 2011 and that lending to startups and growing businesses has declined steadily during the last three quarters. The agency found that the total amount of small business loans outstanding in March of 2011 decreased 2.4 percent, or $14.9 billion, to $609.4 billion at the end of 2010.

 

176,000 N.J. low-income households to receive extra money for heating costs

176,000 N.J. low-income households to receive extra money for heating costs

Federal aid coming for those in state-run home energy assistance program

Approximately 176,000 New Jersey households that receive money for their heating bills through the federally-funded Low Income H...

Abbe Tiger named head of the N.J. Bureau of Securities

Abbe Tiger named head of the N.J. Bureau of Securities

Former prosecutor has 23 years experience in securities regulation

Abbe R. Tiger, a former securities regulator and a counsel for a global financial services company, is the new chief of the Newark-bas...

Cuts to reverse mortgage counseling pose risk to seniors

Cuts to reverse mortgage counseling pose risk to seniors
BY CAROL ABAYA
NEWJERSEYNEWSROOM.COM
THE SANDWICH GENERATION

In the new federal budget, $9 million was cut for reverse mortgage counseling, leaving senior borrowers at risk of being needlessly pressured ...

Finally, some good news: New Jersey foreclosures hit speed bumps

Finally, some good news: New Jersey foreclosures hit speed bumps
BY GERALD J. ROBINSON
NEWJERSEYNEWSROOM.COM

In states like New Jersey where foreclosures are handled through the courts, the foreclosure pipeline is clogged.

The New Jersey foreclosure pace is glacial. I...

N.J. financial advisors John and Kathleen Mullins of Margate penalized for ripping off elderly client

N.J. financial advisors John and Kathleen Mullins of Margate penalized for ripping off elderly client

Misused $393,134 meant for perfroming arts

The New Jersey state Bureau of Securities announced on Monday that it has finalized administrative actions against two financial advisors who, in 2008, were d...

A case against index funds

A case against index funds
BY WARREN BOROSON
NEWJERSEYNEWSROOM.COM
BOROSON ON MONEY

Some stocks recommended by Howard Hansen, CFA, who’s with Linde, Hansen & Co. in Florham Park:

Host Hotels and Resorts. Because, among other re...

Managing your elder's assets

Managing your elder's assets
BY CAROL ABAYA
NEWJERSEYNEWSROOM
THE SANDWICH GENERATION

Question: "My financial planner says I (72) should put all my assets into a trust to avoid probate and to reduce cost after I die. Is such a Trust...

Fresh Market specialty grocer arrives in New Jersey

Fresh Market specialty grocer arrives in New Jersey
BY ALICIA CRUZ
NEWJERSEYNEWSROOM.COM

North Carolina based supermarket chain, Fresh Market, has arrived in New Jersey. The specialty grocer, which operates about 100 stores in 20 states, opened the doors...

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