Banking & Finance

Private equity, lenders, investments, credit unions and financial planning

ARTICLES

State clarifies tax overhaul to avert payouts

September 15, 2014
| By AP
LANSING — Gov. Rick Snyder has signed a bill to clarify that Michigan never intended to give out-of-state companies a lower tax liability in a 2007 business tax overhaul. Read More

A big year for credit union commercial lending

Lake Michigan may be up 40 percent and a small Kalamazoo CU is ramping up.

September 12, 2014
Commercial lending is taking off in a big way at credit unions in West Michigan, with one of the biggest groups in the state predicting its commercial loan volume will increase by as much as 40 percent this year. Read More

Shaking off recession’s effects, SBA borrowing is booming

The number and volume of loans in Michigan are up at least 12 percent over last year.

September 12, 2014
More small businesses in Michigan this year are getting loans backed by the federal Small Business Administration, which one local expert attributes to a strengthening economy and greater confidence on the part of commercial lenders. Read More

Employers look to second round of STTF grant process for employee training

West Michigan companies used $2.9M from fund last year.

September 12, 2014
Employers across the state are preparing to compete for the second round of state funding to develop responsive training programs for employees, which ultimately will promote Michigan’s business and economic competitiveness. Read More

Study finds link between neglected foreclosed homes and race

September 12, 2014
Most people in Grand Rapids would probably tell you that race shouldn’t matter when it comes to banks and property management companies taking care of foreclosed homes. Read More

Jeanne Englehart values community

September 9, 2014
A long-time Grand Rapids leader, Jeanne Englehart continues to remain at the heart of the area’s business community despite several attempts at retirement. Read More

Return of the native

An EGR man plans to open a boutique investment management firm.

September 5, 2014
When Brian Schwartz graduated from East Grand Rapids High School in 1984, he vowed to himself that he would never return because, well, sometimes it’s just too boring here in West Michigan for a young man. Read More

Dave Ramsey making downtown appearances

September 5, 2014
Expect some traffic jams on downtown streets next week. Read More

A SAFE investment instrument does exist

August 31, 2014
I strive to learn something new every day, and today I learned about SAFE — a new investment instrument that’s valuable to entrepreneurs and small business owners. Read More

Startup raises $10M in funding

August 25, 2014
A startup planning to introduce a new "environmentally friendly" bio-pesticide to the marketplace next year has closed a $10 million Series C round of preferred stock financing. Read More