Government contracts to small business is increasing and that is good for the overall economy.
The federal government and the SBA is approaching a goal of 23% contracting dollars going to small business.
There’s a new crisis emerging in the relationship between retailers, their vendors/suppliers/distributors/ manufacturers, and the commercial financing concerns which are most likely involved in the equation. This predicament now requires a major realignment in the thinking and mindset of all parties in the retailing process so that each of them can successfully transact business. Business deals are best when every participant in the progression makes a fair return. This demonstrates respect among the parties and good ethics in the transaction.
As we all know, in today’s environment it’s difficult to get business loans. There are companies out there designed to help get the cash you need.
The problem is, your business could end up paying thousands without a guarantee you’ll ever land that financial loan.
Small-business lending and the use of existing lines of credit are showing small increases. This isn’t a sign of a breakthrough though with credit growth much slower than in past recoveries.
Actual approval rates have gone down to 55% from 69% over the course of the year.
The Secured Lender invites you to eavesdrop on a conversation taking place between several industry players about a different topic each issue. Pull up a chair and get ready to find out what Paragon Financial’s own Jon Anselma, along with Steven Johnson and George Shapiro, have to say about issues facing entrepreneurial lenders in today’s economic environment.
As a small business, do you have accounts you extend credit to? Collecting receivables can often be one of the most difficult tasks a small business can face.
Check out this excellent post for some common sense advice on getting paid.
Big banks claim they have loosened available credit for small and medium businesses, but reality can be much different.
As a result, the short supply of traditional bank loans has created alternative and better ways of lending.
Big companies’ routine of making late payments to small businesses has a large impact on the overall economy. Because of this, small business working capital has been weak and has affected new hiring efforts, keeping unemployment high. Check out this video…
Paragon is pleased to announce our new headquarters. Still located in Ft. Lauderdale, FL, this larger space was needed to help support our growth. We look forward to expanding our company and to continue serving our valued clients.
Paragon Financial helps companies grow by turning their account receivables into immediate cash. We offer factoring solutions for a number of companies, from manufacturers and distribution companies to staffing and other service-based industries.
The earthquake in Japan could result in the one of the largest and most expensive catastrophes in history. 35 billion would be nearly the same as all of 2010′s global insurance claims combined. As a result, higher prices could be seen in the insurance market.