Federal flood relief pending; loan process stalled
The appeal to FEMA for individual aid is holding up application for Small Business Association loans.

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Fitch Affirms Ratings on Smart Home Reinsurance Limited 2005-2
Fitch Ratings has affirmed the ratings on Smart Home Reinsurance Limited 2005-2, a U.S. RMBS synthetic transaction consisting of exposure to the risk of residential mortgage loan losses covered by private mortgage insurance.

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SBA Offers Disaster Assistance to Hennepin County Residents Affected by Severe Storms and Tornadoes in Minnesota
WASHINGTON–(BUSINESS WIRE)–Residents and businesses affected by the severe storms and tornadoes on May 21-22 in Hennepin County, Minn., can apply for low-interest disaster loans from the U.S. Small Business Administration, SBA Administrator Karen G. Mills announced today. Mills made the loans available in response to a letter from Minnesota Gov. Mark Dayton on July 1, requesting a disaster …

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SBA declares Hennepin Co. a disaster area
More help is on the way for people recovering from the tornado that hit Minneapolis in May. This time it’s low-interest loans due to a disaster declaration from the U.S. Small Business Administration.

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GE Capital Agents $2.1 Billion in Credit Facilities for Alere Inc.
BETHESDA, Md.–(BUSINESS WIRE)–GE Capital, Healthcare Financial Services today announced it is serving as administrative agent on $2.1 billion of senior secured credit facilities for Alere Inc. (NYSE: ALR). The loans refinance existing credit facilities and provide additional capital to support the company’s growth strategy. GE Capital Markets served as joint lead arranger and joint book runner …

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GE Capital Agents $2.1 Billion in Credit Facilities for Alere
BETHESDA, Md.–(BUSINESS WIRE)–GE Capital, Healthcare Financial Services today announced it is serv…

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Deputy chief honored by council
The North Platte Telegraph The council made quick work of its brief agenda Tuesday night, action that included approving a $4.65 million bond issue. The move pays off 25 short-term loans from local banks that were used to pay contractors on various infrastructure improvements throughout the city.

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