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NEW YORK , Jan. 5, 2012 /PRNewswire/ --Newtek Business Services, NASDAQ: NEWT, The Small Business Authority , has announced that is has completed the securitization and sale of an additional $20.5 million of non-guaranteed portions of U.S. SBA small business loans. This was accomplished by amendment to the securitization of $23 million in such loans that closed in December of 2010. The sale of the additional trust notes was handled by Guggenheim Securities, LLC which advised Newtek. Newtek has been active in small business lending and, with this increase, it will have completed the securitization of approximately $43.5 million of non-guaranteed portions of SBA small business loans within the past 12 months. Newtek is also proud to announce that Standard and Poor's has rated the securitization trust Notes as AA based on the collateral in the entire, upsized pool.

Newtek's subsidiary, Newtek Small Business Finance, Inc., is active in making U.S. Small Business Administration (SBA) 7(a) loans, and during the first 9 months of 2011 was the largest non-bank lender making such small business loans by loan volume.

Newtek typically retains the unguaranteed portion of the SBA loans and incurs related warehouse financing costs. With this sale of the unguaranteed portions, Newtek was able to realize an additional $14 million in gross proceeds, which will be used principally for making new loans and paying down Newtek's existing line of credit with Capital One, N.A. Guggenheim Securities, L.L.C. played a key role in helping Newtek structure and market the securities.

Barry Sloane , Chairman, President and Chief Executive Officer of Newtek Business Services said, "Completion of these two transactions within 12 months, particularly in light of the otherwise weak and uncertain market for securitized structured asset backed securities, validates our SBA lending strategy and also will enable us to originate an anticipated 25-30% more loans by loan dollar volume in 2012. We have closed in excess of $100 million of small business loans under this program in 2011, which was anticipated in our previously announced guidance. Based on the SBA rule of thumb, we estimate that our 2011 lending created or stabilized approximately 1800 jobs nationally.

"In addition, our SBA loan-servicing portfolio continues to grow in part due to our lending and reached $430 million at December 31, 2011 - up from $280 million at the end of the previous year. We are well positioned to grow this business significantly in 2012 and 2013 and will provide further data during our Annual Shareholder Conference Call."

Nowadays home equity loans are becoming an incredibly popular way of raising money. They are useful for the people who are struggling to combat the effects of the worldwide recession. People always think that property is the best way to invest your money. Especially, during the circumstances like recession if you think that money invested in property will be helpful in living an easier and better life you can prefer to get the best deal on home equity loan. However, with a large number of companies, banks and other financial institutes cropping up in the country it becomes difficult to find the finest home equity loan rates.

The exceptional part of home equity loan rates is that they are fixed, stable, low as well as possess tax-deductable features. This can prove as the most cheaper and affordable option in the long run to any individual. Basically, a personal installment loans system allows a person to borrow a large sum of cash and can pay it back over a period of time with monthly payments. They are somewhat similar to payday loans but the only thing that makes these loans different is that you can pay the loan back in installments.

There are times when you are scared of your poor credit. Indeed, a good credit score is known to be the lifeline of any individual. But in any case if you have bad credit then too your loan will be approved at the faster rate. This procedure can also be named as quick loans bad credit. For people who cannot wait for weeks and require instant solution can definitely opt for home equity loans rates, which will not increase your financial burden in any way. This loan is extremely helpful in consolidating several debts of an individual. It can certainly transform various debts into a single one which is one of the most exceptional things about these loans.

The biggest advantage of home equity loan rates is that it can save ample amount of money. It is a straightforward process that gives you lot of benefits. Moreover, any person is qualified to get benefits of these loans. Borrowers can get relatively large loans with this type of loans. Are you thinking from where to find a company which gives you a loan? Then surf the web immediately. It is certainly the exceptional way to find the lowest home equity loan. You can apply online and complete the process in an efficient way.

However, if you are not certain about the topics like best personal loans then search for a relevant site that will provide you with insightful details about these loans. These guides will help you in taking the correct decision. Getting the best deal on the loans can be difficult if you are unaware about the basics of loans. For better knowledge surf the site now. Procure all the details so that you do not regret on your decision. So what are you waiting for? Surf the site now.本文出自 Mr.J ....

If you have been looking for a way to earn extra money, or even replace your current income, but don't want the enormous undertaking of starting an entirely new business, there is another option. A flea sale business is having a booth at flea markets and selling whatever you want to to the thousands that flock to these enormous yard sale/ craft show combinations. If you have something to sell, whether it be a craft or art project, antiques, or collectibles, there is a buyer for them at a flea market.

Benefits of Owning a Flea Sale Business

Starting your own business can come with a lot of confusing and difficult decisions. These are fewer with the cooperative business of flea markets but a flea sale business still offers many potential benefits.

Because many flea markets are only open on the weekends, having a booth at one is an ideal secondary job.

ALBANY - State Education Commissioner John King announced Tuesday he is suspending $105 million in School Improvement Grants for all 10 districts that receive the federal money.

The 10 districts are Yonkers, Greenburgh 11, Buffalo, Poughkeepsie, Rochester, Albany, New York City, Roosevelt, Schenectady and Syracuse. New York City stands to lose the most money - $58.6 million - and Rochester could be out $12.3 million. Buffalo's funding totals $9.3 million.

Greenburgh 11, which could lose $1 million, is a special act school district serving students at the Children's Village residential treatment center in Dobbs Ferry.

Six of the 10 school districts met the commissioner's Saturday deadline to submit paperwork documenting that the district and unions had reached agreements on new teacher and principal evaluations. But King said there are shortcomings in those plans that have to be remedied.

"The deadline is real; the funding is suspended," King said in a statement Tuesday. "The good news is that six districts (Roosevelt, Poughkeepsie, Buffalo, Syracuse, Albany and Rochester) showed real progress toward meeting the requirements for a teacher and principal evaluation system agreed to in their SIG applications."

If you are a starter to the online money making industry, then you are probably curious to know how to make money now. After all, one of the many reasons as to why several people are turning to the internet is its promise of generating income quickly and yet you can be your own boss. However, what you should know is that online money making opportunities are the same with any other employment or earning opportunities that requires your time and effort to build.

Here are a few strategies that you can employ if you want to learn more on how to make money now:

Search Engine Optimization

Getting high search engine results is one of the objectives for optimizing your site so they can be easily searched by browsers and web users. If you are curious to learn how to make money now with your online business, then you need to keep in mind what are the factors that could affect your performance in search engine results. They are listed below:

1.Using the proper keywords
2.Opt for relevant and quality content
3.Optimization of your page keywords
4.Create an inbound link strategy to drive more traffic into your site

In an effort to connect borrowers more easily with instant loans for bad credit , ReallyBadCreditOffers.com has simplified its online offer comparison to make the process even easier. The site announces a simpler, faster method of connecting people with the offers they want.

Fort Lauderdale, FL (PRWEB) January 03, 2012

The simplified site design offers visitors easy access to offer comparisons of the industry leading debt consolidation loans , credit card offers, personal loan providers, credit repair services , car and home loan offers willing to help people with bad credit.

It has helped tens of thousands of visitors since the site went online in 2007, it has worked to finding help as easy as possible for people looking for a second chance financially after overcoming money problems .

"We connect people with the financial help they need, whether they need fast money, financial advice, or legal help, there are quality resources available to them," stated Ariel Pryor , a financial expert at the website. He added, "The financial meltdown that began in 2008 has left many good people facing tough financial choices."

High street (BSE: HIGHSTREE.BO - news ) banks offer some of the worst currency exchange rates for those looking to get their holiday money delivered at home, according to new research from the consumer group Which?

The banks offering the poorest deals were HSBC (LSE: HSBA.L - news ) and RBS (LSE: RBS.L - news ) /NatWest, while Halifax offered the most competitive rates for a high street bank. However, it was easily beaten by some of the online providers.

For those looking to switch 600 into dollars, the best deal was offered by ICE Home Delivery, with Travelex, FairFX and Tesco Travel Money offering rates that were almost as competitive. Here customers would receive almost $35 more once exchange rates and any fees and commission were taken into account than from HSBC.

Those planning a ski trip or winter sun breaks this Christmas are urged to shop around for the best currency deals. Consumers should look at the total costs and not assume that "commission free" offers necessarily mean the best deals, as many suppliers that do not charge these additional fees offer a poor exchange rate.

Holidaymakers are also advised to avoid buying euros, dollars or other overseas currency from airport exchange bureaus. Booking online and picking up at the airport typically offers a far better rate than simply turning up on the day to exchange sterling into other denominations.

Online car title loans allow a consumer with bad credit to get a loan quickly without all of the credit and background checking that is normal for a traditional loan because the consumer is putting up their vehicle as collateral for the loan. Consumers simply visit the website, fill out the hassle free application form and they get an approval notification within just a few minutes.

"Helping people get the loan they need to buy a car is a great feeling. We get to be a part of helping good people get back on their feet. A car is an essential for many to get to work, and rebuild after hardship," said Ariel Pryor , loan expert, adding, "People that are hard to finance tend to give up, unaware of the resources and help that is available to them."

The site connects borrowers with lenders willing to extend credit despite the higher risk typically associated with the bad credit industry. Car loans are possible despite a bad history, in many cases, because of the equity of the vehicle being used as security.

The site provides financial advice in addition to the offer comparisons, topics covering leasing a car for people with bad credit , how banks look at credit scores, and action guides to improve credit for the do it yourself crowd preferring not to get help from recommended credit repair companies.

"Regardless of how bad your credit scores are, people should know they have options," said Pryor. The site recommends debt consolidation loans to reduce bill payments and has helped thousands get money fast in emergency loans.

As the bills from holiday shopping start rolling in, officials are urging consumers to take the time to check annual credit reports to ensure the splurging was for their loved ones and not for the loved one of an identity thief.

A U.S. Department of Justice report recently released revealed that identity thieves are increasingly using personal information to rack up charging on existing credit cards of unsuspecting victims. According to the report, 8.6 million households had at least one member who experienced identity theft, compared to 6.4 million households in 2005. The report also revealed that victims lost an average of $5,650, compared to $2,800 in 2005.

"Part of the increase is because some feel that desperate times call for desperate measures in that some people turn to this crime just to keep their lights on," said Mike Prusinski, senior vice president of LifeLock, a national identity theft protection company. "I have heard from numerous law enforcement agents around the country talking about family members, taking advantage of family members and parents using the personal information of their children because they have fallen on hard times financially."

He said consumers should take a proactive approach to guarding their personal information against loved ones and criminals alike. Getting a paper shredder is an easy and affordable step that Prusinski said anyone can take.

"Shred everything," he said. "It used to be we just told people to shred financial documents, but now we need to shred everything because criminals have gotten so good at social engineering. They see an envelope from your bank, so they know what bank you use, then they go to public websites to find out even more information from tax returns, divorce agreements and mortgages, something of which could have your Social Security number, so then they go and apply for a loan or go into your bank and withdraw your money. It can happen that quickly, so people need to take steps now before it happens to them."

When you're upside down on your credit debt but you don't want to go to bankruptcy court, it's time to consider credit card debt settlement. This is an option that can get you out of much of your debt without the financial penalties of bankruptcy.

So what is debt settlement? It's a type of negotiation in which you and your creditors bargain over how much debt you'll repay. You agree to pay back a portion of the underlying balance, usually about 40 to 60 percent, and the creditors agree to release you from what's left.

Credit card debt settlement works best for people who find themselves stuck on the so-called "credit treadmill." This is when you've charged enough to build up an outstanding balance you can't pay off, leaving you stuck making the minimum monthly interest payments month after month with no end in sight. Consumers on the treadmill typically have two options: bankruptcy or debt settlement.

With the economy stalled and jobs hard to find, more and more consumers are stuck with monthly payments they can't afford. At the end of 2010, by illustration, the average American consumer owed $4,200 in debt. For many consumers, credit card debt settlement is the best possible way out of the hole. Not only does it give them a clean break, it doesn't typically do the kind of credit damage that bankruptcy does.

Creditors are also more open to debt settlement than ever before. The economy has already forced them to write off growing numbers of defaulted accounts, so they have little interest in seeing consumers go into Chapter 7 bankruptcy and liquidate their debts. In their ideal world, creditors would like to keep you stuck on the treadmill making monthly minimum payments, but given the choice between settlement and nothing, creditors will take settlement much more often than they used to.