Monday, July 28, 2008

New York Times Cover Story Regarding Banks Reducing Business Loans - A Definite Merchant Cash Advance Booster

The front page of today's New York Times features an article titled Worried Banks Sharply Reduce Business Loans. This article talks about how banks are struggling to recover from their losses on real estate by curtailing loans to businesses which should show an increased demand for alternative working capital products such as the merchant cash advance.

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