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Since 2011, Ant Financial’s Ant Micro Loan program has issued four hundred billion yuan ($64.42 billion) value of loans, and the non-performing mortgage ratio is 1.5 p.c, the spokeswoman added. Consider Jim Burg. It has been a 12 months since steelmakers began having hassle discovering vans to haul masses for the reviving auto trade. So Burg, whose firm is based in Warren, Michigan, is finally about to borrow money from a financial institution to construct his fleet of flatbed rigs to 85 from 70. To make sure, Bank of America Corp avoids the loans, as a result of it doesn’t wish to be exposed to unhealthy selections made by smaller banks that do the actual lending.
JP Morgan Chase has over 100 million clients and over 1.2 trillion in investments. Chase … Read more