Asset Based Loan

Federal Reserve reports credit quality improving

The Federal Reserve reported at an annual May 10th 2012 conference on Banking competition and structure that the credit quality of large banks assets is looking better.

The Federal Reserve reported that while the credit quality is getting better as a whole, improvements have varied among different loan type products.  Delinquency rates in the loan portfolios of large banks has declined substantially from their peaks.    Delinquencies on Commercial, industrial and consumer loans have fallen  to the lower end of the their historical ranges.    However, delinquencies on loans backed by Residential and Commercial Real Estate have dropped only modestly, and still remain elevated.

Banks are reported to have significant retail deposits, which are considered to be a prime funding source.

Small Business Loan Resources:

SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.

More Small Business Loan resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office –U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

E-Network for CEOs – Online articles and much more for CEO’s

Public Radio Planet Money – All issues money related to the public.

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