Watch Part 1: http://bit.ly/1af1cIz Since 2009, the militant Islamist group known as Boko Haram has wreaked havoc in northern Nigeria. Instilling terror through bombings, abductions, and beheadings, Boko Haram is fighting to create an Islamic state in the most populous country in Africa. VICE News traveled to Nigeria to embed with the country’s army as it ramped up its fight against Boko Haram, whose rise has caused a state of emergency. As the only journalists on the front line in northern Nigeria, we witnessed the beginning of the largest military insurgency to date. In part two of this three part series, VICE News correspondent Kaj Larsen visits the Nigerian army’s forward-operating base at the front lines of the battle against Boko Haram. There he speaks with soldiers as they prepare for a major offensive against the militant group. Watch “The Human Cost of War in the Central African Republic” – http://bit.ly/15xC4L2 Watch “Blood Diamonds and Religious War: Diamonds and Division” – http://bit.ly/1zYdmRq Read “UN Adopts Resolution Calling for International Coordination Against Boko Haram” – http://bit.ly/1EMamtR Read “Can a 72-Year-Old Former Military Dictator Bring Nigerians the Change They Have Voted For?” – http://bit.ly/1Hnr3ta Read “Nigeria Reacts to a Historic Change as President-Elect Buhari Prepares for Power” – http://bit.ly/1FmJT3x Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideos
|Time: 09:07||More in News & Politics|
Small business lending continues trending upward in two sectors at least.
Data from Biz2Credit shows that loan approval rates for small businesses at big banks hit a new post-recession high in March. According to the monthly Biz2Credit Small Business Lending Index, a record 21.6 percent of loan requests to big banks from small businesses were approved in March.
The data is drawn from a survey of loan applications by more than 1,000 small business owners who used Biz2Credit’s online lending platform to connect to lenders over that period.
The figure is up slightly from the 21.5 percent small business loan approval rate in February. The March rate again marks a new high for small business loan approvals at big banks since the end of the Great Recession.
And Biz2Credit notes that small business loan approval rates at big banks has continued to rise for almost all of last year.
In a statement accompanying the company’s March report, Biz2Credit CEO Rohit Arora, explains:
“Big banks continue to be strong in small business lending. This is a reflection of overall strength of the economy, the confidence of small business owners, and the investments that big banks have made in their branding and technology.”
Biz2Credit’s data continues to show that big banks are willing to invest in small businesses by approving a higher rate of their loan applications. However, previous Biz2Credit Small Business Lending Index reports suggest big banks are generally more interested in finding small businesses in search of big money.
Small Business Loan Approval Up With Institutional Lenders
Another place small business borrowers are finding ever increasing approval rates is among institutional lender. Just like the small business loan approval rates at big banks, approval at these lenders also continued to increase last month.
And since Biz2Credit began tracking small business loan approval rates at institutional lenders, the figure has never gone down. In March, 60.9 percent of all small business loan applications to institutional lenders were approved.
While these lenders continue to back small businesses by approving a higher rate of their loan applications, the same can not be said for small banks.
In March, small banks approved 49.5 of the small business loan applications they received. It’s worth noting that this is the third consecutive month that small banks failed approve at least half their loan approvals.
Arora reiterates that the shift away from small banks is a reflection on online marketing efforts. He says, in a statement:
“Smaller banks have seen a gradual decline for nearly a year. They are losing market share to big banks and institutional lenders, which can offer attractive terms and quicker processing.”
This article, “Biz2Credit: Small Business Lending Continues Upward Trend” was first published on Small Business Trends
Generally, brevity is wit. But sometimes an incredibly long caption is just what the doctor ordered.
Originally this went a whole different way and the woman was standing on the table with a baseball bat getting ready to bean the other guy over his thermostat shenanigans — but it seemed a little violent for my taste.
After some ruminating on role playing, I went more with an acting take on the situation and spent a good hour writing her part.
And what a story, huh? Hey Hollywood — give me a call if you’re interested.
The VICE News Capsule is a news roundup that looks beyond the headlines. Today: Islamic State hacks French TV channels, protesters demand police be arrested over deaths of 20 suspected sandalwood smugglers, a North Korean cargo ship remains detained in a Mexican port, and the University of Cape Town removes an apartheid-era statue of Cecil Rhodes. FRANCE Islamic State Hacks French News Stations 11 channels belonging to France’s TV5 Monde were disrupted Thursday by hackers affiliated with the Islamic State. INDIA Protesters Demand Police Arrest Over Killings Families of 20 suspected sandalwood smugglers killed by police earlier this week demand the officers involved be detained. MEXICO North Korean Ship Remains Detained The ship docked last July for repairs and has not been able to leave the port of Tuxpan. SOUTH AFRICA Apartheid-Era Statue Removed From University Students and staff voted to remove the bust of British colonialist Cecil Rhodes saying it was a symbol of white power. Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideos
|Time: 02:24||More in News & Politics|
Follow us on Twitter where we’ll announce this week’s topic for On The Line: https://twitter.com/vicenews Jason Leopold joined ‘On the Line’ to answer your questions about his reporting, and how he leverages the Freedom of Information Act (FOIA) to reveal government secrets. Read “Police in Washington, DC Are Using the Secretive ‘Stingray’ Cell Phone Tracking Tool” – http://bit.ly/19xuS3O Read “The NSA Has Revealed New Details About Its Exhaustive Search of Edward Snowden’s Emails” – http://bit.ly/1Fe5zih Read “A Justice Department Memo Provides the CIA’s Legal Justification to Kill a US Citizen” – http://bit.ly/1BMf191 VICE News and On The Line want to hear from you! Let us know your questions for Jason on Twitter with the hashtag #ontheline, or send us a video message on Skype. To leave a Skype video message, follow the instructions here: http://bit.ly/1Fpn9lC With support from Skype. Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideos
|Time: 38:19||More in News & Politics|