The personal spending growth rate from June was revised to 0.5% from 0.4%. Separately, the core PCE Price Index increased 0.1% in July ( consensus +0.1%), showing a year-over-year increase of 1.6%. Read More The inflation data failed to convince investors that more than one fed funds rate hike is warranted this year. The implied probability of a rate hike at the September meeting ticked down to 30.0%, slipping from Friday's 33.0% likelihood. Fed funds futures were on the rise last week following somewhat hawkish remarks from the Jackson Hole Symposium. Fed Chair Yellen stated that the case for a rate hike had strengthened in recent months while Fed Vice Chair Fischer said that more than one rate hike could take place before the end of 2016. In company specific news, Micron (MU 16.84, +0.33) has gained 2.0% after Stifel raised its target price on the stock to $18 from $15. The firm noted that it sees trends indicating an equilibrium between supply and demand in memory markets. Square (SQ 11.86, -0.18) has slipped 1.5% in pre-market trade following a downgrade to "Neutral" from "Buy" at BTIG research. 9:17 am On The Wires (:WIRES) : The Boards of Directors of Banc of California (BANC) and Banc of California, National Association have appointed Albert J.

Alternative business loans do not have APO’s associated with them; just a flat fee on the borrowed money. Our Process is Simple. This includes any type of capital equipment your business might use in manufacturing and retail applications. ocmlc.Dom OnDeck: OnDeck offers loans to small and medium-sized businesses. Many bridge lenders require a minimal amount of documentation for underwriting and due diligence, but because of the increased risk associated with these types of loans, the rates tend to be higher than traditional forms of financing. In addition, the rates are not expressed in terms of an APO but rather a flat fee cost of money.  My experience with SnapCap, and especially my loan officer, far exceeded not only my expectations, but any and all customer service I had ever experienced!

Copyright of First Pro Capital Inc. Roger Stilton, owner of two Mama Stortini's restaurants in the Seattle area, says several banks wouldn't consider his request for a $50,000 loan to buy a new pizza oven and salad and dessert station to speed order delivery. We facilitate success by providing cash in advance, quickly, without the formalities and strict requirements of a business loan offered by banks and other financing companies. Small Business Funding has relationships with the top alternative lenders. We specialize in establishing and facilitating relationships between our marketplace of experienced alternative small business lenders and small business owners like you – we make funding easy! Both include one-time 2.5 percent fees. Eastern Time, Monday through Friday.