Archive for November, 2015

Pawn shops evolve but still fulfill basic need

Monday, November 30th, 2015

I cannot recall the last time I saw a pawnshop, although I realize that they are still around. However, there was a time when you could find at least one in every neighborhood.

Pawnshops were places where you could take your valuables and exchange them for cash. These were suppose to be short-term financial transactions; you could retrieve your item and have your money returned within a period of time. At these pawnshops, you could also browse and purchase items that had never been retrieved at fairly reasonable prices. There were many kinds of things to see and purchase at a pawnshop if you so desired. Did you patronize pawnshops, back in the day?

Let us assume you were not around during the “heyday” of the pawnshop and have little or no understanding of the pawnshop concept. The pawnshop process is quite simple: someone will bring in an item and use it as collateral to obtain a relatively small cash loan. The customer usually receives approximately 20 or 25 percent of the resale value of the item being pawned. A fixed time limit is established for a customer to return to the pawnshop, which is usually a few months, to retrieve the item. Of course, the customer must pay interest charges for the time he has the money obtained for the merchandise. While interest rates are set by the state, these rates can be stiff. In some states, the interest rate can be 4 percent a month which amounts to 48 percent if the item is pawned for 12 months.

Interestingly, Pawnshops Today, which claims to be “The National Voice of the Pawn Industry,” claims the redemption rate, the rate that people return to pay off their loans and reclaim their merchandise, is about 80 percent. This is indeed surprising and I wonder how these rates apply to pawnshops in Black communities. Naturally, if one fails to return during the fixed time period or fails to pay the interest rate, the item becomes the property of the pawnshop. The pawnshop can then sell the merchandise. As you can readily see, pawnbrokers can get their merchandise for resale cheap. By the time the item is ultimately resold, a handsome profit is made by the pawnshop. At the same time, customers can obtain merchandise at prices well below the market value. For a number of people, the pawnshop was a key piece in the survival of their families, back in the day.

The mention of pawnshop immediately brings unkind looks and, quite often, unpleasant comments about the practice of obtaining money by using your possessions for collateral. Most people do not realize that contrary to what we have been taught, it may be the oldest profession known to man and not that “other thing.” Based on information gleaned from an Internet search, Chinese records reveal that the practice of securing loans on property goes back to the dawn of the Western Han Dynasty in 206 BC Back then, it is reported, borrowers could take up to three years to pay off their loans at far more moderate rates than we see today.

Contrary to what many believe, going to a pawnshop to scrape up some quick cash was not something reserved for the poor. A lot of wealthy people turned to pawnbroking for survival. There are reports that Pope Leo X had to pawn his own palace furniture and silver to cover his luxurious lifestyle and love of the arts. Another Internet site indicates that in 1338, King Edward II hocked his jewels to raise monies for the English military in what is known as the Hundred Years’ War. So, if you are reluctant to acknowledge your experiences with pawnbrokers today and in particular in the past, you were in good company. Furthermore, during the days when money was hard to come by for Black Americans, the pawnshop provided an opportunity for us to secure cash.

An understanding of race relations, and an acknowledgement of the difficulties we faced in the past, allows us to understand how Black folk would turn to pawnshops for monies when needed. Given our experiences in this day and age, you must know that it was very difficult in the past. Thus, for many Blacks it was the pawnshop that provided the loans that would carry folks until they got back on their feet. I suspect that a number of us survived our college years with the transactions conducted at the pawnshop, back in the day.

Never having an experience with a pawnshop, I cannot share any real-life experiences. I do know that the familiar symbol of three gold balls suspended from a bar designates a pawnshop. In seeking the experiences of friends, it was obvious that several had some direct contact with pawnbrokers but were reluctant to let me know that they ventured into such an experience. On the other hand, a few spoke freely, with absolutely no shame.

One colleague vividly recalls a childhood experience observing his grandfather’s dealings with a neighborhood pawnshop. His grandfather took his grandmother’s silverware and punch bowl set to the pawnshop to secure money intending to return prior to the Christmas holiday to retrieve his merchandise. Yes, he had to pay the interest and stay within the given time frame to recover his silverware and punch bowl set. His grandmother knew what was going on but everyone was on board with this relationship with the pawnbroker as it provided money for much-needed items when money was scarce. Her silverware and punch bowl set was pawned every six months. If for some reason the usual pawned items were in “hock” prior to paying off the loan and interest and additional monies were needed, my colleague’s grandfather pulled out his shotgun to use as collateral for a loan. Shotguns and pistols were items quite ripe to pawn, back in the day.

Some of our folk try to present themselves as never having been involved in stuff that gives a “ghetto-like” impression. Thus, in asking another colleague about his experiences with pawnshops, he frowned and protested that he had absolutely no experience with such venues. Experience teaches us that you must be careful about what you say. Often times, as in this case, a friend comes along and puts “your business in the streets.”

From the mouth of one of his friends from the past, I learned that my Princeton-educated co-worker asked his friend to accompany him to the pawnshop, as he was too young to transact pawnshop-related business. The young man in question pawned an upright bass fiddle. Of significance, I have never heard this co-worker talk about his musical ability; thus, I wonder about the origin of this object. I hope that how it was obtained is not tied to the increased rules and regulations placed on pawnshops to prohibit the selling of items that are the opposite of cold.

You should know that more than “big-ticket” items are sold in pawnshops. Here are samples of items sold in many pawnshops over the years: coats, leather jackets, blankets, gowns, books, clocks, eyeglasses, clothing, jewelry, bicycles, lamps, bed spreads and the list goes on. Almost anything can be pawned but low-end items bring little money. There are those who have pawned an engagement or wedding ring in the past after the relationship ends with no intent of reclaiming it. While pawnshops are patronized by many for good merchandise at relatively low prices, I trust that no one reading this column gave their loved one an engagement or wedding band that came from a pawnshop only to learn that it contained someone else’s initials.

Lately, cable television has brought the pawnshop back to life. Some of you watch History Channel’s “Pawn Stars” and “Hardcore Pawn.” These shows are making the pawnshop more acceptable today. Just like in the past, people are coming to realize that pawning remains integral to their financial lives. The National Pawnbrokers Association, a trade group, indicates that there are more than 30 million pawnshop customers per year.

At the end of most of my columns, I draw from life of the past and offer some thoughts for the future. Now, I am not going down that road; I am not going to suggest that if you require money for something you need or something you want, patronize a pawnshop. Today, you have many other options; Craigslist, yard sales, flea markets, eBay, Amazon, just to name a few. Let us leave survival by way of the pawnshop just where it belongs; a way of survival not for today but rather for those times, back in the day.

Diverse situations can certainly pop up that can spark turmoil for many folks whilst in unplanned circumstances. Procuring a good solid desired Quick Cash Advance Loan can be quite a good idea to help familie

Small business owners optimistic for holiday sales

Monday, November 30th, 2015

LAS VEGAS — Research from financial organization Merchant Cash USA reveals businesses across America are optimistic that 2015 holiday sales will be a more successful than sales in 2014. Sixty-seven percent of small businesses that are currently clients of Merchant Cash USA reported growth in 2015.

Growth indicates higher sales, increased employees, and launching new products. The economy continues to be on an upswing, and small business owners are certainly hopeful this will translate into sales this holiday season. These businesses expect their holiday sales to spike anywhere from 25-40 percent this November/December as opposed to 2014.

Merchant Cash USA surveyed in total 3,876 small business owners. Seventy-eight percent of business owners cited that during the holidays and into 2016, they planned on spending an increased amount of money on marketing their products and increasing inventory. Those surveyed were asked what one thing would impede them from increased holiday sales. The top answer was “cash flow,” coming in at 86 percent. Lack of cash flow could result in not being able to stock proper inventory or hire seasonal employees.

Business owners continued to be optimistic about alternative financial options as a means to fund their businesses. When asked if they would continue to use alternative financing in 2016, 89 percent of small businesses answered “yes.” 91 percent said they would recommend using alternative finance to a colleague or friend.

Participants were also asked if they would consider using a traditional bank as a means of financing, 53 percent of respondents said, “no” and cited “timeliness” as the reason they would not consider it. One of the most appealing aspects of the cash advance route is you get approval and funds deposited into a business account, typically in a week or less.

“This holiday season, small business owners are hoping to sell their products in a big way,” said Darrin Landau, Merchant Cash USA CCO. “Cash advances give them the ability to get the proper amount of cash they need in an efficient manner to prep for the winter months, stock inventory, or hire seasonal employees. All in an effort to increase revenue.”

Interesting issues definitely will develop that might cause a tough time for many over unanticipated occasions. Procuring a suitable essential Quick Cash Advance Loans may be a good idea to guide citizens whi

Sheriff: Challenging week brings out best

Sunday, November 29th, 2015

We received historical amounts of rain this month with some areas of the county receiving over 34 inches of rainfall. Fortunately I am glad to report we have not had any loss of life as a result of these floods.   

I, along with many others, had a great time at the annual Kerens Cotton Festival enjoying the food, music, numerous booths. I was again moved to see the Veteran’s Memorial and all the hard work, pride and support that has been put into this community project to recognize and honor our local veterans.

We proudly participated in the annual Navarro College Career Expo Day. High school students from a five county region who attend the event had an opportunity to explore various future career planning options.

We hope everyone had a safe Halloween and will take the opportunity to enjoy the upcoming Thanksgiving holiday and time spent with family and friends.

Detective Sergeants Jason Earles and Robbie Jock recovered three stolen vehicles in the DFW metroplex which had been stolen from local Corsicana auto dealerships. Two of the vehicles were entered stolen by NCSO and one entered stolen by Corsicana Police. The suspect was placed in the Tarrant County Jail. Also NCSO and CPD Detectives recovered thousands of dollars in stolen property at a residence in Angus which had been stolen during a recent burglary of a Corsicana business. As a result of that investigation, another burglary in the county has been resolved with two felony arrest warrants issued and additional stolen property recovered. The suspect was later arrested by CPD and remains in custody at the Justice Center.

During the first night of the flooding and all chaos that went with, trying to keep people safe on the roads, conducting rescues, keeping you informed, aware and updated on any and all happenings that could affect you the citizens, we received a bomb threat at the Justice center. We are currently investigating the threat along with the Dallas FBI and this individual will be sought out and action will be taken.

We have a report from one of our citizens stating she received a phone call and the caller ID showed the callers number as 903-654-3002 which is the administrative line for NCSO. The caller tried to solicit money by stating that he was a detective at the NCSO and a warrant was about to be obtained for check fraud, deception by fraud and other crimes if she did not send $900 to him through American Cash Advance. The number to call back for questions or information was a 202 area code. Three things I want our citizens to be aware of at this time: If you receive a call from the NCSO, the caller ID will NOT show the number 903-654-3002. The area code 202 is not a local area code and does NOT affiliate to Texas and most importantly, the NCSO does NOT call to warn anyone of a warrant, solicit payment to prevent charges or solicit money. I cannot stress enough, please be cautious and do not fall victim to this or any of the many scams being perpetrated against our citizens. The IRS scam is popular right now as well. The IRS does not call anyone advising to send them money. Dont be victimized. If you are ever in doubt, contact your local law enforcement.

The NCSO arrested a suspect in a burglary of a habitation that had just occurred in Corsicana where deputies also recovered a vehicle that was stolen during the burglary. Our NCSO dispatched a complaint of a maroon SUV driving recklessly at a high rate of speed on West Highway 31 east of Dawson. Approximately four minutes from the call being dispatched, NCSO Animal Warden Deputy Kipp Thomas observed the suspect vehicle driving erratically as it traveled west on Highway 31. Deputy Thomas followed the vehicle in a marked NCSO pickup while radioing for assistance. Dawson Police Sergeant Michael Carter and Deputy Kris Matthews assisted Deputy Thomas with a traffic stop at Dawson. The officers found the suspect was armed with two handguns and quickly verified that the vehicle was the vehicle that had just been stolen from a residence in Corsicana, although it had not yet been reported. Once the deputies spoke with the vehicle’s registered owner, she quickly determined that her residence, along with two additional vehicles at her residence in Corsicana, had also been burglarized. The suspect was arrested at the scene for possession of firearm by a convicted felon and was later charged with the additional burglaries by investigators from the Corsicana Police Department. I am extremely proud of Deputy Thomas and even more importantly, we were able to recover the 87-year-old victim’s property so quickly.

We finally got our new 2015 Chevy prisoner transport van that will be replacing our old 1999 Ford transport van. We received a refund check of $5,931 from Southern Health Partners for a contract adjustment of minimum amount of prisoners monthly. The NCSO has sold $9,560 of hay and we still have close to 200 round bales of 2015 hay for sale. The price is $40 per roll with a 10 roll minimum purchase. Loading is available and if you are interested, you may contact Captain Jeramy Phillips at 903-654-3002.

The Sheriffs Office had 1,645 calls for service in October and our dispatch received 2,845 calls for assistance to 9-1-1.

There were approximately 290 persons arrested and booked into the Navarro County Justice Center in October, and the average daily jail population was 204 inmates.

The Narcotics unit arrested 15 suspects, filed 24 criminal cases and served three outstanding arrest warrants. Ten inmates were transferred to the Texas Department of Criminal Justice and five other inmates were transferred to State Jail and SAFP units to serve their sentences.

The NCSO narcotics unit executed a narcotics search warrant at a local Corsicana hotel and arrested two previously convicted felons. Approximately 56 grams of methamphetamine (Ice) was seized along with several different types of controlled substances in pill form. Approximately $600 cash and drug paraphernalia was also seized at the location. The NCSO tactical team assisted CPD narcotics with a narcotics search warrant execution at the Eastside Apartments in Corsicana where two suspects were arrested for possession in a drug-free zone.

We estrayed two horses and three donkeys and transported them to the county farm at Petty’s Chapel, sold four estray horses and four estray donkeys at the Cleburne Horse Sale for $647.12 as well as sold three estray llamas at Hubbard Livestock for $268.53.

This month we rehired one detention officer and had one Patrol Deputy resign. All divisions are full except the patrol division which currently has three vacancies. Applications will continue to be taken for any vacancy until the position is filled.

Leaders strengthen credibility by demonstrating that they are not in it for themselves; instead, they have the interests of the institution, department, or team and its constituents at heart. Being a servant may not be what many leaders had in mind when they choose to take responsibility for the vision and direction of their organization or team, but serving others is the most glorious and rewarding of all leadership tasks. — James Kouzes and Barry Posner

As always, God bless and be safe.

Sheriff Elmer Tanner

Certain incidents can show up designed to cause tough times for most people as a result of unforeseen times. Obtaining a new mandatory Quick Cash Advances Loan is usually a great way to support everyday peopl

Cracks appear in China’s gold leasing trade as jewelers suffer defaults

Sunday, November 29th, 2015

SINGAPORE Chinese banks are growing alarmed by a rising number of defaults among jewelry manufacturers, prompting them to review new gold lending more carefully in the worlds biggest consumer, according to sources with direct knowledge of the issue.

The top four Chinese banks alone have up to 443.4 billion yuan ($69.63 billion) tied up in gold leasing, so any pull back could cut Chinas imports and hit global bullion prices that are already languishing at the lowest in more than five years.

Bank of China, the countrys fourth-biggest lender by assets, has seen at least one default on a loan, said two sources familiar with the issue, who declined to be named as they were not authorized to speak to the media.

Other banks, from major players to smaller lenders, have also seen defaults by jewelry makers, said four sources.

The defaults are still only a small percentage of total gold loans but banks are already taking steps to slow the pace of such lending, the sources say.

Banks are generally taking a more cautious approach to gold leasing, said Samson Li, senior analyst with GFMS, a metals consultancy owned by Thomson Reuters.

If there is a massive default, they will significantly cut back on this business, and that will affect Chinas imports, he said.

Gold leasing has grown rapidly in the last few years, as tight credit conditions drove companies to look for alternative ways to raise money.

What drives demand for gold leasing is not gold itself, but relatively cheaper loans, said Jiang Shu, chief analyst at Shandong Gold Group, the parent of Shandong Gold Mining Co Ltd.

Loans are typically offered to firms in the bullion industry, such as manufacturers, who use the gold to make jewelry, or bullion producers, who raise funds for their operations by selling the leased bullion.

Some manufacturers have also been acting as credit providers themselves, lending cash from the sale of the leased gold and pocketing the difference between gold and cash loan rates, say industry officials.

Those funds can end up being used for speculative investments such as real estate.


With gold retail sales taking a hit due to a slowing Chinese economy and a bearish price outlook, manufacturers are finding it harder to repay the loans.

Banks are looking at the risks, rather than the profits, said a source at a big state-owned bank, adding that demand for gold loans remained but banks had turned more cautious.

A jewelry manufacturer defaulted on a small loan taken out with Bank of China as recently as October, said a source, adding the bank now wanted to limit the amount of new leasing business.

Bank of China did not respond to repeated phone calls and an email seeking comment.

Among other big banks, Industrial and Commercial Bank of China did not reply to an email seeking comment on whether they had seen any defaults.

Agricultural Bank of China and China Construction Bank also did not respond.


Precious metals holdings of the top four Chinese banks totalled 443.4 billion yuan as of Sept. 30, up more than 40 percent from 2013, according to their latest financial reports. Nearly all is likely tied up in gold financing and at current prices would amount to around 2,000 tonnes of bullion.

Bank of China saw a drop in its holdings in the latest quarter, although the reason was unclear. China Minsheng Banking Corp Ltd, a private lender, also saw a decline.

But most other banks continue to increase gold assets, driving Chinas bullion imports at a time when consumer demand in the mainland is headed for a second annual decline.

Physical deliveries from the Shanghai Gold Exchange (SGE), the platform over which physical transactions, including leasing, takes place, are on track this year to beat the previous record set in 2013.

This indicates an active leasing market, since consumer demand has fallen.

More jewelry companies are defaulting as the Chinese are not purchasing as much gold jewelry as before, said a source at another big bank.

Partly blaming weak sales, Chow Tai Fook Jewellery Group Ltd, Chinas top jeweler by market value, has warned its first-half net profit could drop by up to 50 percent.

(Additional reporting by Shanghai Newsroom; Editing by Ed Davies)

Exclusive instances can sometimes present themselves which is going to induce hardship for many individuals as a result of unusual time periods. Discovering any desired Online Cash Advance Loans could be a br

NRT Technologies, Inc. Acquires ATM and Cash Advances Assets of Sighline …

Saturday, November 28th, 2015

LAS VEGAS, NEVADA–(Marketwired – Sept. 25, 2015) – NRT Technologies, Inc. (NRT) today announced it has completed the acquisition of ATM and Cash Advance assets from Sightline Payments, LLC (Sightline), with effect from August 6, 2015.

Under the terms of the purchase agreement, NRT acquired the majority of Sightlines ATM and Cash Advance processing assets, including all ATM and Cash Advance processing agreements between Sightline and its more than 25 US casino customers. Sightline will continue to provide ATM and Cash Advance services to these casinos under a transition services arrangement with NRT for a period of time sufficient to allow for the migration of these services to NRTs infrastructure, which is expected to be completed before December 31, 2015.

This acquisition is immediately accretive for NRT, allowing for the strategic growth of its US casino customer base while providing an opportunity for new customers to adopt NRTs award-winning suite of QuickJack(TM) ticket redemption kiosks and Smart Acquirer(TM) ATM and Cash Advance processing services.

Im very excited to welcome Sightlines casino customers into the NRT family, said John Dominelli, President and CEO of NRT. I have a very close relationship with the Sightline management team. They wanted to make sure their customers would be well taken care of, and that the company they sold to was positioned to meet the upcoming EMV compliance requirements. All of this made NRT the logical choice. The level of trust between our organizations was integral to getting this deal done and will allow for a smooth and orderly transition of services, to the benefit of these casinos and their patrons. Offering faster, more secure and innovative means to access cash on and off the gaming floor is one of the many benefits NRT will bring to these casinos and their patrons. Im certain they will achieve immediate gains from working with NRT.

Said Harry Hagerty, President and CFO of Sightline, When we decided to exit the ATM and Cash Advance processing business in order to focus on our Play+ cashless funding solution, the first thing we considered was our customers and their needs. Our long-standing relationship with and respect for NRT and the services they provide made this an easy decision. We are confident in NRTs ability to provide unmatched products and services and know that our customers will be benefit from working with NRT now and in the future.

About NRT

NRT Technology Corp. (NRT) provides the most innovative payment processing, cash handling and cash management products, services and solutions in the casino industry. NRTs world-class payment processing (cash access) solution connects to all financial institutions, giving your casino patrons instant access to ATM, Credit Card Cash Advance, POS Debit, Dynamic Currency Conversion and Check Cashing Services at the cage and kiosk, all in one fully integrated package. NRT also provides turnkey applications for jackpot redemption, ticket redemption as well as other cash handling related applications. Our products are used around the globe by Casinos, Lotteries amp; Retailers.

About Sightline

Sightline Payments, LLC is a Las Vegas-based leader in payment solutions for gaming companies. Sightlines solutions include cloud-based cashless funding for physical gaming locations, online and mobile gaming. Sightlines award-winning Play+ account utilizes a revolutionary payments platform that offers a single, integrated solution for all the gaming and non-gaming needs of gaming companies and their players. Play+ has been recognized with numerous industry awards, including the coveted Most Innovative Gaming Technology Product of the Year.

NRT Technologies, Inc.
416-646-5242 (FAX)

Particular disorders will certainly pop up that is going to generate headaches for some because of unforeseen circumstances. Finding a suitable needed Instant Cash Advance Loans is actually a good grasp to gu

Analysts Set Cash America International Price Target at $28.20 (NYSE:CSH)

Saturday, November 28th, 2015

Cash America International (NYSE:CSH) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.19 earnings per share for the quarter, hitting the Zacks consensus estimate of $0.19. During the same period last year, the company posted $0.82 EPS. The firm had revenue of $135 million for the quarter, compared to the consensus estimate of $257.40 million. The businesss revenue was down 9.7% on a year-over-year basis. Equities analysts expect that Cash America International will post $1.02 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Wednesday, November 11th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend is Friday, November 6th.

In other news, CFO Thomas A. Bessant, Jr. sold 12,000 shares of Cash America International stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $34.21, for a total value of $410,520.00. Following the completion of the transaction, the chief financial officer now owns 163,312 shares in the company, valued at $5,586,903.52. The transaction was disclosed in a filing with the Securities amp; Exchange Commission, which is available through the SEC website.

Cash America International, Inc. (NYSE:CSH) provides specialty financial services to individuals through its storefront lending and franchised check cashing places. The Company offers secured non-recourse loans, commonly known as pawn loans, as its primary line of business. The Company can be engaged in originating, purchasing, vouching for or arranging consumer loans in a few of its places. Cash America also offers services as well as other ancillary products and check cashing, including wire transfers, money orders, prepaid debit cards and auto insurance. The Companys franchised check cashing company offers check cashing services through its franchised check cashing facilities. The Company provides its services in the United States under the names Cash America Pawn, SuperPawn, Cash America Payday Advance, Cashland and Mr. Payroll. As of December 31, 2014, the Company had a total of 859 locations that offered pawn lending and consumer lending in the USA.

SPECIAL Bulletin: This article was illegally copied from in violation of US and international copyright law. lt;META NAME=ROBOTS CONTENT=NOINDEX, NOFOLLOWgt;

Receive News Ratings for Cash America International Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts ratings for Cash America International and related companies with MarketBeat.coms FREE daily email newsletter.

Exclusive variables can possibly crop up which will bring on headaches for many individuals over acute conditions. Securing a real mandatory Fast Cash Advances Loans generally is a great way to support person

On Deck Capital Downgraded by Zacks Investment Research to Hold (ONDK)

Friday, November 27th, 2015

On Deck Capital (NASDAQ:ONDK) was downgraded by Zacks Investment Research from a buy rating to a hold rating in a research note issued to investors on Tuesday, AnalystRatings.NET reports.

According to Zacks, On Deck Capital, Inc. is an on-line platform that uses a big data, analytic model to source, underwrite, and fund loans to small businesses. The Company offers online tools and resources including data aggregation and electronic payment technology, and to evaluate the health of small businesses. Its small business loans include dental loans, restaurant loans, medical financing, restaurant financing, fast small business loans, fast small business financing, online small business loans, online applications for small business loans, small business loans online, retail capital, fast small business financing, short-term business loans, business equipment financing, small business equipment financing and merchant cash advance. On Deck Capital Inc. is based in United States.

On Deck Capital (NASDAQ:ONDK) opened at 9.43 on Tuesday. The firms market cap is $659.85 million. The company has a 50-day moving average price of $9.86 and a 200 day moving average price of $11.40. On Deck Capital has a 12 month low of $8.55 and a 12 month high of $28.98.

Special predicaments may crop up that can cause tough times for many of us whilst in startling instances. Grabbing any vital Online Cash Advances Loans could be a good idea to help anyone whilst in disturbing

Small Business Lender LQD Business Finance Closes $30 Million Credit Facility …

Friday, November 27th, 2015

Last week, LQD Business Finance, a Chicago-based small business lending firm, announced it closed a $30 million credit facility with Route 66 Ventures. The credit facility will help LQD accelerate growth and expand lending operations nationally. The company was launched in 2013 to offer structured small business financing solutions, a currently unserved gap in the small business lending market.

George Souri, CEO of LQD, stated:

We are thrilled at closing this deal, and could not have better partners moving forward than the team at Route 66. Small businesses today have essentially three options: they can try to get a loan from their bank, they can turn to an online cash advance company, or they can use a P2P lender.

Each of these options, however, has significant limitations. Since we started development, our intention was to fix the flaws in these early small business lending models and bring a company to market that has a platform which is robust enough to actually replace the bank, instead of just taking share at the margins.

We are the only company with a comprehensive small business lending solution, and the Route 66 facility is a major step in helping us fundamentally change the way people think about small business lending.

LQD uses a proprietary risk management and underwriting software called LQD Matrix, which improves upon existing underwriting techniques by considering loan structure and price as fundamental risk factors when assessing the risk of each potential loan. This capability allows LQD to offer more options to small businesses at lower rates, while also enabling the company to manage risk more effectively.

Another advantage LQD touts is its customer acquisition model. Souri then noted:

A significant challenge to alternative small business lenders today is customer acquisition cost. We have developed a technology-enabled customer acquisition model that significantly reduces our costs and increases our return on each dollar of CAC invested.

Jim Rothberg, a Route 66 partner, added:

LQD is well-positioned to address a gap in the small business loan market, and were looking forward to supporting the companys compelling growth plan.  LQD has developed exceptional credit risk management capabilities and a sustainable marketing strategy that enables it to meet the liquidity needs of small businesses in a prudent, cost-effective manner.

Various conditions can also appear that can make a tough time for many individuals while in unplanned instances. Locating some sort of desired Fast Cash Loans is usually a good plan to aid people due to stres

Cash America International Inc (CSH) Issues Q4 Earnings Guidance

Thursday, November 26th, 2015

Cash America International Inc (NYSE:CSH) updated its fourth quarter earnings guidance on Thursday. The company provided EPS guidance of $0.45-0.51 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.48, MarketBeat Ratings reports. Cash America International also updated its FY15 guidance to $0.99-1.05 EPS.

Several research firms recently issued reports on CSH. JMP Securities restated a buy rating on shares of Cash America International in a report on Saturday. Sterne Agee CRT cut Cash America International from a buy rating to a neutral rating and set a $30.00 price objective on the stock. in a report on Wednesday, October 21st. Keefe, Bruyette Woods initiated coverage on Cash America International in a research report on Thursday, July 9th. They issued a market perform rating and a $28.00 target price on the stock. FBR Co. upped their price objective on Cash America International from $22.00 to $26.00 and gave the stock an outperform rating in a research report on Friday, July 31st. Finally, Zacks lowered Cash America International from a strong-buy rating to a hold rating in a report on Friday, July 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of $28.43.

Cash America International Inc (NYSE:CSH) traded up 2.26% during trading on Monday, reaching $35.31. 61,986 shares of the companys stock traded hands. Cash America International Inc has a 1-year low of $18.77 and a 1-year high of $35.32. The stock has a market capitalization of $897.30 million and a P/E ratio of 27.22. The stock has a 50-day moving average price of $28.84 and a 200 day moving average price of $27.20.

Cash America International (NYSE:CSH) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.19 earnings per share for the quarter, meeting the Thomson Reuters consensus estimate of $0.19. During the same quarter in the prior year, the firm earned $0.82 earnings per share. The firm had revenue of $135 million for the quarter, compared to the consensus estimate of $257.40 million. The companys revenue for the quarter was down 9.7% compared to the same quarter last year. Equities research analysts expect that Cash America International Inc will post $1.03 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Wednesday, November 11th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, November 6th. This represents a $0.20 annualized dividend and a dividend yield of 0.58%.

Cash America International, Inc. (NYSE:CSH) provides specialty financial services to people through its storefront financing and franchised check cashing places. The Company offers guaranteed non-recourse loans, commonly referred to as pawn loans. The Company is also engaged in originating, purchasing, vouching for or organizing consumer loans in a number of its own places. Cash America also offers services as well as other ancillary products and check cashing, including money orders, wire transfers, prepaid debit cards and auto insurance. The Companys franchised check cashing company offers check cashing services through its franchised check cashing centers. The Company supplies its services in the USA under the names Cash America Pawn, SuperPawn, Cash America Payday Advance, Cashland and Mr. Payroll. As of December 31, 2014, the Company had a total of 859 locations that offered pawn lending and consumer financing in the USA.document.write();

Receive News amp; Ratings for Cash America International Daily Enter your email address below to receive a concise daily summary of the latest news and analysts ratings for Cash America International and related companies with MarketBeat.coms FREE daily email newsletter.

Particular incidents might rise that may provoke tough times for many individuals throughout acute instances. Discovering a real required Quick Cash Advances Loans can be quite a sensible way forawrd to enabl

Two women face theft charges for scamming multiple Colorado banks

Wednesday, November 25th, 2015

Expand Photo

Courtesy of the Fifth Judicial District Attorneys Office |

Cynthia Johnson, also known as Jacquelyn Murray, was arrested on Oct. 14 in Frisco for allegedly attempting to use a false credit card to obtain a cash advance. Johnson is charged with violating the Colorado Organized Crime Control Act (COCCA), a class-two felony, class-four felony theft and numerous other charges.

Special ailments can potentially surface which may influence difficulties for most people while in unexpected circumstances. Looking for a good solid mandatory Fast Cash Loans generally is a wise decision to