How Credit Scores Are Established for Businesses

As chairman of the board for a Puerto Rico-based bank, Julio M. Herrera Velutini assists small- and medium-sized businesses with financing in a timely fashion. Where some banks might take up to three months to approve credit requests, Julio Herrera Velutini’s bank does so in under 15 days. Credit requests are denied or approved atContinue reading “How Credit Scores Are Established for Businesses”

Stocks, Commodities, Euro Gain on Spain Bailout Optimism

Global stocks jumped the most in a month amid better-than-forecast U.S. earnings and industrial production, while the euro and Spanish bonds gained as two German lawmakers said the country is open to Spain seeking a precautionary credit line. The MSCI All-Country World Index (MXEF) added 1.3 percent at 4 p.m. in New York as benchmarkContinue reading “Stocks, Commodities, Euro Gain on Spain Bailout Optimism”