Bad Credit Secured Loans

Gramercy Capital Corp. Announces Maturity of Gramercy Realty’s $790 Million Mortgage and Mezzanine Loans
NEW YORK–(BUSINESS WIRE)–Gramercy Capital Corp. (NYSE: GKK) today announced that the scheduled maturity of its (i) $240.5 million mortgage loan (the “Goldman Mortgage Loan”), with Goldman Sachs Mortgage Company (”GSMC”), Citicorp North America, Inc. (”Citicorp”) and SL Green Realty Corp. (”SL Green,” and, collectively with GSMC and Citicorp, the “Mortgage Lenders”), and (ii) $549.7 million… Continue reading

Aumento Capital Corp. Announces Secured Loan to Annidis Health Systems Corp.
TORONTO, ONTARIO–(Marketwire – 04/15/11) – Aumento Capital Corp. (”Aumento”) (TSX-V: ATO.P – News ), a Capital Pool Company, will advance $200,000 to Annidis Health Systems Corp. (”Annidis”) by way of a secured loan. The loan is non-interest bearing and is secured against all of the assets of Annidis. Aumento entered into a letter of intent with Annidis as… Continue reading

Q&A: Sam Ghosh, CEO, Reliance Capital
A day after roping in Japan’s largest life insurer, Nippon Life, as a 26 per cent equity partner in Reliance Life, his insurance business, Sam Ghosh , CEO of Reliance Capital, tells Niladri Bhattacharya his company is set for a high-growth phase in the coming year.

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First Capital, Inc. Reports 2010 Earnings Increase
CORYDON, Ind. — First Capital, Inc. , the holding company for First Harrison Bank , today reported net income of $3.9 million or $1.39 per diluted share for the year ended December 31, 2010, compared to net income of $766,000 or $0.28 per diluted share for the year ended December 31, 2009.

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Texas Capital Bancshares Announces Operating Results for Q3 2010
Texas Capital Bancshares, Inc. , the parent company of Texas Capital Bank, announced earnings and operating results for the third quarter of 2010.

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ALANGE ENERGY CONFIRMS FINANCING IS IN PLACE FOR BALANCE OF 2010 CAPITAL PLAN
Alange Energy Corp. confirmed today that it has secured the debt financing required to fund its investment program for the balance of 2010. This plan includes the execution of its exploration, appraisal and development program over the last six months of 2010 comprising 12 new wells and 4 workovers and the completion of three infrastructure projects… Continue reading

GC-Global Capital Corp. Provides Update on the Drilling Results of Its Bridge Loan Client, Bison Gold Resources Inc.
TORONTO, ONTARIO–(Marketwire – 08/24/10) – GC-Global Capital Corp. (”Global Capital”) (TSX-V: GDE.A – News ) is pleased to provide its shareholders with an update on the drilling results of its client company, Bison Gold Resources Inc. (”Bison Gold”) (TSX-V: BGE – News ) on the Ogama-Rockland trend from the Company’s Central… Continue reading

The Princeton Review Refinances and Expands Credit Facility With GE Capital
New $60 Million Senior Secured Term Loan and $12.5 Million Revolver Established at Lower Rates and w…

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Laxai Pharma Ltd. and UTA Capital LLC Agree to Extend Term of $1.44 Million Term Loan and Reduce Its Interest Rate
NEW YORK — Laxai Pharma Ltd. , an international pharmaceutical contract research organization , recently reached an agreement with UTA Capital LLC to extend the terms of an existing secured promissory note issued by the Company in favor of UTA on March 3, 2010 in the aggregate principal… Continue reading

Starwood Property Trust Announces $175 Million of Additional Capital Commitments
Starwood Property Trust announced today that the Company has recently committed to invest approximately $175 million of capital in three separate transactions. Â In July, the Company sourced and was the lead lender in the origination of a $138.0 million renovation loan for the Hyatt Regency New Orleans and was the purchaser of an $85.0 million subordinate first mortgage… Continue reading