A Book Review and Recommendation With last week’s proclamation from popular economist Harry Dent and his stark warning about the U.S. economy in 2024, anyone with a pulse could not wonder if he could be right. Anyone with a pulse knows that something about this economy isn’t right. Current small business lending levels from community banks are now nothing short of […]
The Great Depression: A Diary Read More »
For prospective clients, the better you understand a particular product, the higher the product’s value to your business. As commercial finance consultants, we have become experts in this specific product simply because its use is so common to provide solutions to so many cash flow-related problems. Just as from the consulting side of the equation, the more
A Brief History of Commercial Factoring Read More »
Big banks said adios to more than 60,000 employees as plummeting profits and uncertain economic conditions forced many institutions to make tough calls. The Financial Times has calculated that just 20 of the largest banks in the world have terminated at least 61,905 jobs in 2023, making it one of the worst years for such reductions in the sector
Banks Terminate 60,000 Workers In the Bleakest Year Since 2008 Read More »
One of the most common questions asked by new factoring brokers and consultants, when first launching their finance consulting business in our industry, is whether factoring or merchant cash advance is the best way to solve the cash flow problems a non-bankable business owner in need of quick capital. This is a common question asked by your business owner
Commercial Factoring vs, Merchant Cash Advance: Know the Difference Read More »