Spokane-area lenders say they've recently been approving more applications for home equity lines of credit, commonly referred to as HELOC loans, reminiscent of around the time of the Great Recession.
'We're seeing home equity lines of credit reach
Following several years of increased demand for commercial lending services here, several credit unions say they're looking to put greater emphasis on building up that portion of their loan portfolios.
Lynn Heider, vice president of public relations a
U.S. Small Business Administration-backed lending has started strong in 2017, and demand for the guaranteed loans looks to remain steady, some top SBA lenders here say.
Ted Schinzel, SBA's Spokane branch manager, says, however, that although 2017 has s
$4.25 million fund far larger than previous two combined
March 2, 2017
Tom Simpson, a Spokane entrepreneur and angel-investing fund adviser and organizer, says he's formed another startup fund, which already has begun investing in emerging companies in the Inland Northwest.
Named after its predecessors, Kick-Start III has
Richland-based Gesa Credit Union has opened a home-loan center and is planning a commercial lending office in the former Bank of Whitman building downtown, says Randy Wacker, Gesa's vice president of mortgage lending.
The credit union has leased 6,600
Year-long trial run before retirement can help those nearing big transition
February 16, 2017
Spokane-based financial adviser Paul Viren says one of the strategies he employs with clients approaching retirement is to have them do a 'mock retirement†starting six months to a year before their planned retirement date.
'Living every month unti
National and international trends bode well for the young Patriot Portfolio formed by Spokane-based Vorpahl Wing Securities, says portfolio manager Eli Petropoulos.
The Spokane-based stock brokerage, which Petropoulos says manages close to $100 million
Having celebrated the 72nd anniversary of its founding last month, the Spokane chapter of the Society of Financial Service Professionals is looking to expand its membership and continue its efforts to educate consumers on financial services.
In its desire to protect retirement savers better, the U.S. Department of Labor last year ruled all financial professionals working with retirement plans, or providing retirement planning advice, would be recognized as fiduciaries by the federal agency.
Some worry about exodus of advisers, fewer client options
February 2, 2017
In its desire to protect retirement savers better, the U.S. Department of Labor last year ruled all financial professionals working with retirement plans, or providing retirement planning advice, would be recognized as fiduciaries by the federal agency.