2009 has been one of the most turbulent years for business in recent history. Although some more than others, nearly every industry has been touched by the economic downturn, including the business cash advance industry. At the beginning, this industry was hit by a record number of defaults because of all the business failures. This really hit some of the small cash advance providers pretty hard and many others had to reevaluate their approval policies. [...]

In a Capital Access Network Survey, for Quarters 1 and 2 of 2008, 276 small business owners were surveyed an asked to answer questions regarding the availability of business funds.  87% of respondents said that having access to readily available credit is important in today’s economy.  In fact, 35% of respondents said that having this access is “very important.” These statistics show what you probably already know as a small business owner – small business [...]

According to comScore Inc.; online sales grew 5% this season compared to the last holiday season. The growth is attributed to a continued increase in the number of people who are feeling more comfortable with purchasing items online. Online sales from November 1st through December 24th reached about $27 billion. Because this holiday season had 1 more shopping day than last year; the adjusted growth was about 3.5%. This increase comes after last year’s relatively [...]

If you’re like millions of other Americans, at the end of every year, you reflect back on the things that you wish you’d done over the past year and vow to do them in the New Year to come. You start off strong, staying true to the promises you’ve made to yourself, but like a long distance runner who’s running out of steam, somewhere down the line (around March or April), your determination begins to [...]

As a homeowner myself, I look at this a fantastic news. But let’s not get too excited. A big part of this rise is because of the government incentivized tax credits and low, low interest rates. But this is still being looked at as a sign that the housing market is stabilizing. Based upon the S&P/Case-Schiller price index; home prices increased a seasonally adjusted 0.4 percent in October. That is after a .2 percent rise [...]