14 hours ago

Hire a New Employee? Chase Will Lower the Interest Rate on Your Business Loan

NEW YORK--(BUSINESS WIRE)--Continuing its commitment to small businesses, Chase announced today an

innovative incentive that rewards businesses for each new employee they

hire this year.

Starting today, Chase will lower its interest rate on a new Chase

Business Line of Credit by 0.5 percentage point for each new hire, up to

three, for the life of the loan. Counting the discount for a new

business checking account, a small business owner could save about

$4,000 over three years on an outstanding balance of about $65,000,

Chase estimated.

"We encourage businesses to take advantage of the lowest interest rates

in years and to create more jobs for the economy," said Jamie Dimon,

Chairman and Chief Executive Officer of JPMorgan Chase. "We know how

important it is to help small businesses because they are core to the

U.S. economy."

Late last year, Chase announced that it planned to increase its lending

to small businesses by $4 billion in 2010 to a total of $10 billion

through access to working capital, term loans for expansion, commercial

mortgages, lines of credit and business credit cards. It also pledged to

hire 325 additional business bankers.

The offer is available to business owners who are approved for a new

Chase Business Line of Credit up to $250,000 or existing business

customers who increase their line of credit by $10,000 or more. Chase

business checking customers will receive an additional half percent

discount on their loan rate.

To learn more about this program, or to apply, business owners can visit

their nearest Chase branch and talk with a business banker, or go to


Chase's continued support for small businesses

In the first quarter of 2010, Chase loaned $2.1 billion to small

businesses - a 31 percent increase from a year earlier.

Chase added 235 more small business bankers and plans to add about 100

more by year end.

The bank recently instituted a second review process to give business

owners every chance they deserve, making $110 million in additional

loans to small businesses.

As part of its outreach to small businesses, Chase is holding seminars

in 11 cities across the country to help local business owners increase

sales and fund their businesses. Mark LeBlanc, author of "Growing Your

Business," will be joined by a panel of local bankers, business owners

and representatives from the Small Business Administration and Chamber

of Commerce.

About Chase

Chase is the U.S. consumer and commercial banking business of JPMorgan

Chase & Co. (NYSE: JPM), which operates more than 5,100 branches and

15,000 ATMs nationally under the Chase brand. Chase has 146 million

credit cards issued and serves consumers and small businesses through

bank branches, ATMs and mortgage offices as well as through

relationships with auto dealerships and schools and universities. More

information about Chase is available at www.chase.com.

*Chart based on assumptions of $250,000 line of credit with an

average monthly balance of $66,663 and 27% monthly utilization.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6344803&lang=en

22 hours ago

World's Top Ten Counterfeit Capitals

We always assume that a country or a province (state) the largest or most populous city is the capital, but the fact is not that. Now I will list ten counterfeit capital city to you.

1, The New York city

The capital of New York state l is not a New York City, but the northern part of Albany, which is the birthplace of perforated toilet paper.

2, Sydney, Australia

Despite that Sydney has the representative of Opera House and it is quite well known, but the capital is Canberra.

3, Chicago, Illinois

Windy City "Chicago, is not the capital of Illinois, the real capital is Springfield. Springfield as Lincoln's hometown, the annual Expo will be held in it.

4, Rio de Janeiro, Brazil

The carnival in Rio de Janeiro is very famous and it was capital of Brazil. It is a fun and exciting city. Now the position of the Brazilian capital has been replaced.

5, Istanbul, Turke

Istanbul was the capital of the ancient Roman and the Ottoman Empire. Ankara which is rich in mohair is the capital of Turkey.

6, Geneva, Switzerland

Neither Geneva nor Zurich is the capital of Switzerland. But Bern, this quiet city was listed as the world heritage by the UNESCO.

7, Johannesburg, South Africa

South Africa has three capitals, but not one with the "burg". According to the functions of the division of the capital, three are judicial capital of Bloemfontein, the administrative capital, Pretoria, Cape Town, legislative capital.

8, Timbuktu, Mali

Mali's most famous city is Timbuktu. It is filled with exotic mystery, but the Malis capital is Bamako. Not only because of Bamako is the fastest growing city in Africa, but also because it is the world renowned music center.

9, Las Vegas, Nevada

This "Sin City" is not the capital of Nevada state. Carson City which has a family atmosphere is the real capital.

10, Casablanca, Morocco

Morocco, Gaussian, Marrakech are not the capital cities of Casablanca. But is tranquil and cultural city - Rabat.

11, China, Shanghai

Many people have a misunderstanding that the capital of China is Shanghai. But this idea is not right. The real capital is Beijing. Remember that.

These 11 counterfeit capital city are very famous, may be you are confused. Then you can have a check. Hope you can benefit a lot.

4 days ago

Is it worth it to prepay for car rentals?

If you're in the market to rent a car, consumers have a couple of options: Make a standard reservation that doesn't typically require payment information car hire Pretoria up front, and one that doesn't lock you into an itinerary.

The other way is to prepay for the cost of your rental. Paying up front can sometimes save you 15 percent off the cost of your car. That sounds like a good deal, right? And who doesn't like saving money.

But prepaying does come with some strings attached.Changing your plans can mean big bucks in extra fees, and if you're a no-show, forget about getting your money back.

So, is prepayment worthwhile c

4 days ago

Car Hire in Hatfield, Pretoria - Compare & Save

Whether you are visiting the Purple City on business or leisure, Hatfield car rental from Drive South Africa offers the best way to explore Pretoria and one of its most picturesque suburbs. Surrounded by the ubiquitous jacaranda trees that give the city its nickname, Hatfield lies close to the City Centre. While largely residential, the suburb is also home to a great shopping complex, numerous restaurants and plenty of accommodation options, providing a quieter alternative to the busy urban centre.

Attractions include Hatfield Plaza, Burger's Park, Melrose House, National Cultural History Museum, Pretoria National Botanical Gardens, Just Cuban restaurant and bar and the Hatfield Market that runs every Sunday. All of the attractions in the greater Pretoria area are also in easy reach with the help of your car rental in Hatfield, ensuring much to see and do for the duration of your stay.

Affordable Car Rental in Hatfield

Drive South Africa takes the stress out of finding transport with a simple and secure online reservation system that is designed to help you find the best deals. We work with a large network of leading rental companies, ensuring competitive rates on both short and longer term rentals. A broad selection of late model vehicles are on offer to hire, from standard cars all the way to luxury cars, SUVs, MPVs, 4x4s, vans and even campers.

In addition to standard after-sales services such as roadside assistance, additional add-on services are also available, such as insurance and GPS enabled vehicles. Once you have made your selection and specified your arrival date, you can proceed to payment. Your vehicle will be ready and waiting for you as soon as you arrive, allowing you to start exploring right away. Get the best deals on Hatfield car rental from Drive South Africa to begin the most rewarding travel experience yet.

How long does it take for my refundable deposits to be released back on my card?

When I'm renting a car from Drive South Africa, can I pay cash?

Does the quotation include unlimited mileage?

When does the refundable deposit get released back into the client's credit card?

What documents am I required to have when I collect the vehicle from the supplier?

2 weeks ago

Car rental in Pretoria

Rent a car with Europcar Pretoria car rental and make the most of travels. Europcar offers you low prices, great service and new vehicles. Pretoria car rental stations are where you need them: in city centers, airports and railway stations.

Europcar has the right rental car or truck for you. Rent a car with Europcar today. Pretoria car rental with Europcar.com is easy: our 3-step booking process is quick and offers you great prices every day. Voted "World's Leading Leisure Car hire Company", Europcar drives forward car rental in Pretoria.

Whether you are looking for a rental car, a lease, replacement car or van, Europcar will be happy to serve you at its car rental stations in Pretoria.

Europcar's Green Program: At Europcar, we understand the environmental impact of what we do. That's why we have wholeheartedly embraced a sustainable development program, and are proud to be the first car rental company in Pretoria with certified ecological commitments. After all, what's good for the Earth is good for our drivers.

2 weeks ago

World Cup by numbers Reuters

JOHANNESBURG South Africa is hosting the soccer World Cup for the first time on the African continent.

Below are details of how much the government has spent preparing for the month-long tournament which starts on Friday and the impact this has had on the economy.


The government has said the World Cup should add about 0.5 percent to GDP this year.

Analysts are not so optimistic. Forecasts in a Reuters poll in May ranged from 0.1 to 0.7 percent, with a median of 0.3.

The Treasury has said growth this year will likely be above the 2.3 percent it forecast in February and closer to 3 percent after last year's 1.8 percent contraction.

The tourism sector is expected to enjoy a boost from the tournament for years to come. During the rugby World Cup in 1995 tourism numbers shot up 60 percent, increasing by 13 and 7 percent respectively in the following two years.


The government has spent about 40 billion rand ($5.17 billion) since 2006/07 on World Cup-related projects, with 11.7 billion going towards revamping of stadiums and 13.2 billion on transport infrastructure.

The funds came from the national budget and helped to push the fiscal deficit in 2009/10 to 6.7 car hire Pretoria percent of GDP.

General government borrowing increased to 184.3 billion rand in 2009/10 from 40.2 billion in 2008/09.

The Treasury's expenditure excluded money spent sprucing up airports. Airport Company South Africa has spent about 17 billion rand since 2006 upgrading airports in Cape Town and Johannesburg and building a new one in Durban.

The spending also does not include the 25 billion rand spent on building the country's Gautrain rapid rail network which will link the airport to Johannesburg and its financial hub Sandton and later Johannesburg and the capital Pretoria.


Increased foreign exchange flows are seen supporting the rand but only slightly.

The tournament comes as international markets are jittery due to European debt problems so any boost from increased foreign exchange earnings will be overshadowed by worries about the global economic recovery.

On the local bourse, wine, spirits and beer companies such as Distel and SABMiller outperformed the All-share index over the past year partly in anticipation of a World Cup boost.

Imperial, which has a car rental business, has seen its price go up by 60.5 percent in that period.


South Africa expects about 370,000 foreign visitors during the event, lower than initial estimates of 450,000.

Visitors should spend about 8.8 billion rand during the tournament and -- together with spending by soccer's world governing body FIFA, other officials and teams -- the economy will receive a 13 billion rand cash injection, accounting firm Grant Thornton wrote in a study.


Construction ahead of the tournament created thousands of jobs, most of which disappeared as the preparations wound up. Employment in the sector fell 9.3 percent to 1.085 million in the first quarter of 2010, compared with the same period last year.

(Reporting by Phumza Macanda; Editing by Ken Ferris)

2 weeks ago

Five Best Work-From-Home Jobs - ABC News

Thousands of "Good Morning America" viewers have said our reports helped them reach their goals of making extra money while working at home. If you're one of the success stories, I invite you to visit my Web site to tell me your story.

For those of you who haven't yet made the leap, I've co-authored a new book, "Will Work From Home: Earn the Cash Without the Commute," which is filled with resources and ideas to help you get going on this path too.

Click here to read an excerpt from the book.

Here's a look at just a few of my favorite resources:

Turn your crafts into cash. Many people get rave reviews for their handmade wares from family and friends, but most hav