Large corporations are tightening the screws on their smaller counterparts as the credit crunch intensifies companies' efforts to hold on to their cash.
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Mattknoe submitted the following stories to BizSugar
Big Firms Are Quick to Collect, Slow to Pay - WSJ.com
Posted by mattknoe under FinanceFrom http://online.wsj.com 5564 days ago
Entrepreneurs Take to 'Big Easy' - WSJ.com
Posted by mattknoe under StartupsFrom http://online.wsj.com 5570 days ago
Four years after Hurricane Katrina's devastation, New Orleans is experiencing a rebirth of entrepreneurship.
Small-business owners who left are now coming back, driven by a sense of mission to help the struggling city and to take advantage of generous tax breaks. Young professionals have moved to the Big Easy to help with its recovery, ...
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Could a Developing Trend Once Again Leave SMBs Out in the Cold?
Posted by mattknoe under FinanceFrom http://blog.receivablesxchange.com 5571 days ago
Newsweek reported that 70% of all credit lines extended in 2009 have interest rates that float based on the credit default swap prices (CDS) for the referenced borrower. ... This means that once again, many SMBs would be out of the loop on the latest and greatest lending product.
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5 Reasons Small Businesses Are Turning to Receivables Financing
Posted by mattknoe under Raising CapitalFrom http://blog.receivablesxchange.com 5575 days ago
Made Hot by: biancaaquino on August 20, 2009 5:21 pm
Learn how financial executives of small and midsize businesses are using receivables financing to improve working capital while credit remains tight.
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Receivables Exchange launches nationwide Receivables Advisor Program
Posted by mattknoe under FinanceFrom http://www.nola.com 5575 days ago
The Receivables Exchange has launched a program to establish advisers in every state to help small and medium-sized businesses increase short-term financing options.
The advisors will assist cash-strapped businesses in finding diverse financing sources within the Exhange's marketplace. The Exchange is an online marketplace for trading receiva
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Cash-Strapped Firms Sell Unpaid Accounts
Posted by mattknoe under Raising CapitalFrom http://www.thestreet.com 5576 days ago
As the credit crunch makes money scarce for small businesses, alternative credit sources are gaining publicity and popularity. ... The Receivables Exchange, which runs an online auction market for accounts receivable, is benefiting from these trends. More companies have been turning to firm to raise money as traditional credit sources dry up.
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