Showing posts with label business loans. Show all posts
Showing posts with label business loans. Show all posts
Wednesday, February 24, 2010
Merchant Cash Advances Weren't Around in 1942
Merchant Cash Advances weren't around in 1942, but business bank loans were. According to today's Wall Street Journal article, Lending Falls at Epic Pace, US banks posted last year their sharpest decline in lending since 1942. Does anyone see a merchant cash advance opportunity for all those businesses in 2010?
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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