January 9, 2009
How Merchant Cash Advances Work
Small-business owners who need quick access to capital have a burgeoning industry eager to fund them: merchant cash advance providers. The decade-old industry has grown significantly in the past two years, to more than 50 providers, observers say, and the tight credit environment is fueling demand. As interest in their business grows, providers—who charge premiums of 30% or more on the money they advance—are trying to promote industry standards to avoid scrutiny from regulators.
February 15, 2012
Poll: Small-business owners fear economic situation
Almost one in four small-business owners who are currently not expanding their workforce, 24 percent, said they are holding back from hiring because they are worried about no longer being in business in 12 months.
“The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents. We live on a placid island of ignorance in the midst of black seas of the infinity, and it was not meant that we should voyage far.” - H. P. Lovecraft
Quote For The Week - “To state the obvious, the past six years have been really, really hard for this country.” -U.S. Vice President Joe Biden, at a House Democratic Retreat in...
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