America’s largest bank, Bank of America has released a detailed plan of how it plans on repaying the $45 billion which it has received in TARP loans from the United States Government by using $26.2 billion in excess liquidity and $18.8 billion in profits from the sale of common equivalent securities. Since the government’s intervention [...]

Banks aren’t lending not because there is a lack of money, but because there is a lack of good investments claims Dean Baker co-founder of the Center for Economic and Policy Research in Washington DC.  The plummeting real-estate market in both commercial and residential, combined with a decrease in consumer spending has created a difficult [...]

The Federal Deposit Insurance Corp, FDIC, reported the largest drop in bank loans since they started keeping records in 1984 -  2.8%, $210.4 billion. Banks reported profits of $2.8 billion in the third quarter, reversing the second quarter loss of $4.3 billion. Banks are beginning to earn money again, but they aren’t investing enough in [...]

A recent report released by Bill Phelen’s Skokie Illinois-based PayNet which provides risk management to commercial lenders, stated that default rates amongst small to medium size businesses is down in October for the third straight month. American businesses are now stabilizing and are able to repay their loans to banks verifying that businesses hit bottom [...]

Owner of Williston Townhouse Diner, Spiro Dimas was looking to expand his restaurant in the spring, but after only being in business for three years and not having stellar credit, he was declined a loan from his local bank. He did some research and found another source of funding from EVO Merchant Services. All in [...]

A recent report released by The Green Sheet on Tuesday, revealed that while there is growing demand for the merchant cash advance product, the actual number of merchants receiving cash advances has decreased over the last few years. There are several reasons attributed to the growing demands: 1) Merchants in these tough economic times have [...]

Merchantcashadvances.org recently launched a press release article with Http://prlog.org. The release discusses the contents of the site and what its purpose is – primarily to educated merchants about this new and upcoming industry. Merchants are able to browse the site to obtain a wealth of knowledge about the funding business. In addition lenders are listed [...]

Small to medium size business owners are now able to access information regarding merchant cash advances through their Iphones and Ipod Touches.  The new application BIZ CASH NOW, also provides merchants with the capability to directly apply for a merchant cash advance through their IPhones and IPOD Touches.  The BIZ CASH NOW application is available [...]