The Fed Means Business

Published on February 6, 2010 by Wade Henderson

As promised the Federal Reserve lashed out at the economy doing another bold move today proving that they are not going to sit back and wait for the economy to fix itself.

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Posted in Finance

Business Loans In Canada: Accounts Receivable Factoring

Published on August 14, 2009 by Wade Henderson

A little while ago I received some information from an Import company located just outside Toronto, Canada. The reason the contacted my office was that they were referred to me because their company had out grown their Operating Line of Credit and their bank was unwilling to help them.

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Posted in Finance

Are You Ready To Turn Your Business Over To Angel Investors?

Published on August 9, 2009 by Wade Henderson

Getting a Business loan at your bank is a terribly difficult task these days regardless if you are in Canada or the United States. Because of this many businesses feel they need to seek the operating cash they need from Angel Investors. But are you ready to turn your business over to an Angel Investor?

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Posted in Finance

Increased Sales Can Be A Double Edged Sword

Published on August 5, 2009 by Wade Henderson

Ever worked on getting that big customer for months, chasing after then, long drives or flights to see them so you can win them over with your service and determination? Then have the worst thing that can happen in a situation like that you get the order and now you have to figure out how you can possibly fill it because the order larger than your total Operating Line of Credit.

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Posted in Finance

Guidance on New COBRA Rules From The IRS And Doeren Mayhew

Published on July 6, 2009 by Doeren Mayhew

The IRS recently released guidance, in a question and answer format, addressing how employers are to administer and seek recovery of the new COBRA premium subsidy enacted under the American ecovery and Reinvestment Tax Act of 2009 (P.L. 111-5). The Act provides that an individual who has been involuntarily terminated on or after September 1, 2008, through the end of 2009 is required to pay only 35% of the group health insurance premium to secure COBRA continuation coverage (up to nine months).

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Posted in Finance

Factoring Saves Texas Based Trucking Company

Published on March 22, 2009 by Wade Henderson

What do you think of a bank that would pull the plug on the financing of a successful trucking company that employs more that 100 drivers? Now what I am referring to is a profitable company that is struggling to make ends meet, but is doing just that.

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Posted in Finance

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