STAMFORD, Conn.–(BUSINESS WIRE)–GE Energy Financial Services, a unit of GE (NYSE: GE), announced today that it is expanding its oil and gas reserves investing business by offering loans for development drilling. In its first transaction involving this new product, GE Energy Financial Services has made a loan to Knox Energy, Inc. — an exploration and [...]
Posts Tagged ‘Investing’
Investment Options For the Recession-Weary
February 27th, 2010
davidguide photo credit: Petrick2008 The media have been relentless in their discussion of the current state of the economy. Many Americans have been paying very close attention to economic news headlines, and they’ve been fretting about their declining investment portfolios. This painful recession has prompted many to take step that are tantamount to putting their hard-earned [...]
Peer to Peer Lending – How Interest Rates Are Set by Lending Club
March 8th, 2009
davidguide photo credit: norrelb With any investment or loan there needs to be an interest rate charged. Lending Club uses a formula that takes into account several factors, but it really begins with the assigning of a loan grade. The first step in getting any peer to peer loan on Lending Club is borrowers must apply [...]
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