Two guys from Singapore changing the way we take out loans

When loan sharks bite, they bite hard and often leave a nasty scar. But when you need cash and the bank is shutting you out, there’s often no other option.
Aidil Zulkifli, a lawyer in Singapore, and Izati Ngaliman, who heads up the marketing side, founded Singapore-based LoanGarage in 2012 to solve this problem. The two founders are building the business with the goal of making loan sharks more transparent.

How to bring more capital to entrepreneurs through small-business loans

Even with the recent passage of the JOBS act, there’s still a lot of debate in Washington D.C. on how best to spend taxpayers’ money to create jobs. Committee Chair Sen. Mary Landrieu (D-LA) introduced a bill earlier this year to increase the combined leverage capacity for affiliated Small Business Investment Company (SBIC) program funds from $225 million to $350 million.