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Financial institution News

Wal-Mart's Sam's Club to begin offering loans of up to $25,000

Bentonville - Sam's Club, a division of retail giant Wal-Mart, is now offering loans upwards of $25,000. Although Wal-Mart was declined to become a bank a few years ago, it hasn't stopped them from offering financial services, including business loans.

Report: Ten major companies moving toward bankruptcy

Mainstream financial institutions believe the U.S. recession is coming to an end but many companies are still struggling to avoid bankruptcy.
 

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