Banking on risky businesses: A nonprofit does well with less-conservative lending
Article Abstract:
The American Street Financial Services Center is part of a 10-year federal commitment to revitalize designated communities by establishing 'empowerment zones' in impoverished urban and rural areas. Luis Mora, executive director of the Philadelphia-based nonprofit believes that the organization has flourished since it became less conservative in giving loans to small businesses that lacked the creditworthiness needed to qualify for conventional borrowing from commercial banks.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
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She's keeping tabs on drug companies
Article Abstract:
ImpactRx Inc. tracks drug companies' promotional activities and monitors the 87,000 sales representatives who visit primary-care physicians and specialists in their offices throughout the US. Nancy S. Lurker, president and chief executive officer (CEO) of the firm, believes that the industry's heavy spending on sales and marketing indirectly affects consumers by contributing to the rising costs of drugs in the US.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
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The Green Tree resprouts after 4-year dormancy
Article Abstract:
The article is about homeowners insurance firm, The Green Tree, which is being revived as a Pennsylvania-domiciled-property-casualty company.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
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