We have many options available including loan amounts up to 2,000,000. Depending on the situation points and fees will change accordingly.  For more information give us a call or send us an email. We look forward to the opportunity to serve you.  Mention the BLOG for these extra savings.

Moody’s Investors Service slashed the credit ratings of 16 Spanish banks, and a U.K. subsidiary of Banco Santander, by one to three notches as the debt crisis in Europe deepens.

With about 30 minutes to go in the session, the major stock-market averages are getting slammed, led by broad weakness in technology names. The Nasdaq Composite is off by 44 points, or 1.5%, and the Dow has fallen 105 points. The yield on the 10-year Treasury has dropped to 1.70%.

Fitch on Thursday sliced Greece’s long-term credit rating to CCC from B-, citing a “heightened risk” Greece won’t sustain its membership in the eurozone.

ECB’s Draghi acknowledged for the first time that Greece could leave the monetary union. While the bank’s “strong preference” is that Greece stays in the 17-nation euro area, the ECB will continue to preserve “the integrity of our balance sheet,” he said in a speech in Frankfurt yesterday. The European Central Bank said it will temporarily stop lending to some Greek banks to limit its risk. Greece’s four biggest banks are waiting for European Union approval to receive 18 billion euros of bonds issued by the European Financial Stability Facility for their recapitalization.