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.

Financial management, SOCIAL SERVICES, Social Assistance, Religious, Grantmaking, Civic, Professional, and Similar Organizations, Nonprofit Institutions, Social Services & Nonprofit Institutns, Finance, Nonprofit organizations, New business enterprises, Startups, Company financing

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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.

Management dynamics, Market Research Services, Marketing Research and Public Opinion Polling, Commercial nonphysical research, Research Services, Management, Marketing research firms, Company business management, Drugstore employees, ImpactRx Inc.

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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.

Property & Liability Insurance, Direct Property and Casualty Insurance Carriers, Surety insurance, Property and casualty insurance, Green Tree

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