10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Theresa WithamAccording to data from NCUA call reports, 2,300 credit unions are engaged in member business services. The credit union industry holds $54 billion in loans with an average loan amount of $240,000.Jim Devine and Bob Hogan, lead faculty at CUES School of Business Lending, have over 30 years of experience in business lending and have worked with thousands of small business owners. They have explored the questions: What is it that small business owners are looking for and why would they pick you?Devine and Hogan say the answer boils down to the following six things business owners expect to receive from their financial services provider:1. Access to credit: “They will be looking for you to help them with their capital formation strategy and develop for them the types of credit products that will address their needs. continue reading »
Real Madrid beat Barcelona in a captivating El Clasico to move above their rivals at the top of La Liga.Vinicius Junior drove in via a deflection in a second half packed with chances after Isco saw a shot saved and an effort cleared off the goalline.Karim Benzema volleyed over for Real and substitute Martin Braithwaite went close for Barca moments before Vinicius sparked celebrations at the Bernabeu.Substitute Mariano struck in added time as Real moved a point clear of Barca.Mariano had not played a single minute in La Liga for Zinedine Zidane’s side this season until being brought off the bench in injury time to seal a memorable win.Los Blancos finished third last season – 19 points behind champions Barca – but the tight nature of the title race this time around placed added significance on the fixture in the Spanish capital.Zidane had said his side were in a “delicate moment” as a result of picking up one point from their last two league matches and having suffered a home defeat to Manchester City in the Champions League in midweek.And Real’s task looked ominous given they had not beaten Barca in the league in their last seven attempts.Quique Setien’s side also arrived having won four league games in a row at the Bernabeu but they will rue missed opportunities in the first half.Antoine Griezmann fired over from a Jordi Alba cut-back, Arthur was denied by Thibaut Courtois after breaking through on goal and the Madrid keeper parried a Messi effort when the Barca talisman broke the offside trap.Going into the break, Courtois had saved 30 of the last 36 shots he had faced in La Liga and his interventions were built upon as Zidane’s side carried more threat in the second period.Isco curled an effort at the top corner to force a fine save from Marc-Andre ter Stegen before heading low past the keeper, only for Pique to intervene.Karim Benzema could not end a five-game goal drought when he volleyed over when unmarked before former Middlesbrough forward Martin Braithwaite had a chance to win it, only for his shot to be saved.Vinicius then pounced, firing in from a narrow angle, the 19-year-old Brazilian becoming the youngest scorer in a league game between the sides this century as he surpassed Lionel Messi’s record set in 2007.His side never looked back and Mariano put the finishing touches on a win which gives them real hope of landing a first league title since 2016-17. Source: BBC
Public Telecommunications Minister Cathy Hughes, in an address in observance of World Post Day 2016, said, “Times have changed, methods of communication have changed, this particular source of national revenue has undergone some changes which is why we are recalibrating our focus to more efficiently accommodate our people’s 21st Century needs.”Public Telecommunications Minister Cathy Hughes The Minister assured that “Post Offices will not become obsolete”.It was recognised that the use of postal services has declined significantly over the past few years owing to developments in the area of Information and Communications Technology (ICT). The ICT sector is being utilised for its speed, efficiency, availability and, in some cases, low cost.“Postal services in Guyana are already undergoing very dramatic changes, even to the physical amenities and facilities that will benefit our pensioners, first of all,” Minister Hughes added.Since persons worldwide no longer use the local postal systems as a first choice for sending mail and packages, systems are being put in place in Guyana, to deal with the effects of such changes.Guyana Post Office Corporation (GPOC) Board Chairman, Reverend Dr Raphael Massiah, in his message, pointed out that over the next two years, “we plan to hone all the available skills of our human capital coupled with the maximum use of ICT to offer an improved service with greater efficiency and reliability”.Massiah said the GPOC needed to take a bold step forward and recalibrate its operations in order to remain relevant to the everyday lives of people and business.With the establishment of the Public Telecommunications Ministry, Guyana is expected to move forward with the implementation of state-of-the-art telecommunication and Internet facilities.Guyana will be preparing to confront fast advancing communication technology that has over time diminished the quantity of hand-delivered mail, which the Post Offices have been mailing across the world for more than 200 years.The 64 branches of the GPOC will soon be rehabilitated to meet international standards to keep up with the changes in the direction of postal services. Services offered by this public facility include money transfer services, government or social assistance services, registration of birth, death and marriage, bill payments, and postage and revenue stamps.This year, World Post Day was celebrated on October 9, under the theme, “Serving a new society: delivering beyond your doorstep”. The observance was declared by the 1969 Universal Postal Congress in Tokyo as a means to mark the anniversary of the Universal Postal Union (UPU), which was created in 1974.