Get a cash loan with bad credit
Oct. 20 (Bloomberg) — General Motors Corp. , the largest U.S. automaker, may be able to win new labor savings and bank loans as part of a merger with Chrysler LLC, a JPMorgan Chase & Co. analyst said.
Capital still available for SBA loans (Coeur d’Alene Press)
While bank loans have all but dried up as the U.S. and the world face a cash crisis, there is still one reliable source of funds for small businesses.
Russia car dealer selling stake to refinance loans (Reuters via Yahoo! Singapore News)
MOSCOW, Oct 20 (Reuters) - One of Russia’s leading car dealers, Incom-Auto, will sell 30 percent of its share capital to raise money to refinance its debt as the credit crunch chokes off access to cash, its financial chief said on Monday.
Asian Money Rates Drop as Hong Kong Adds Cash, Korea Aids Banks (Bloomberg)
Oct. 20 (Bloomberg) — Asian money market rates dropped after South Korea unveiled the region’s largest bank rescue and Hong Kong and Australia pumped cash into the financial system.
GM eyes Chrysler cash, talks progressing: sources (Reuters via Yahoo! News)
General Motors Corp is pushing ahead with talks to acquire Chrysler LLC in a deal that the automaker sees as a way to boost its cash position at a time when it has been shut out of debt markets and its own revenues are tumbling, sources said.
Brazil offers $2bn to cash-starved exporters (Financial Times)
Brazil s central bank was due to offer six-month loans of up to $2bn on Monday in an attempt to provide relief to exporters starved of trade finance as the crisis on global financial markets worsened over the past month.