LendingClub and Funding Circle team up, American Receivable talks factoring’s reputation and Lawmakers rethink Chapter 11
| | BUSINESS TO BUSINESS EDITION | Easing Chapter 11 Pain For Small Businesses Legislation aimed at making bankruptcy more affordable for small business (SMB) owners was reintroduced to Congress this month. With half of SMBs failing within five years, and most small firms anticipating a recession ahead, experts say addressing Chapter 11 pain points is an important step in supporting the small business community. |
| SMB Finance | Factoring Finds A New Face As The Bridge To Bank Loans Factoring hasn't always had the best reputation among small businesses struggling with longer payment terms. While the industry has its bad actors, American Receivable President Jack Stieber says receivables financing â when used properly â can bolster a young business when other avenues to capital are closed off. The key, he tells PYMNTS, is to approach factoring as a bridge to self-funding or bank loans. | | |
| Having trouble viewing this email? Please Click Here This email was sent to you by PYMNTS.com. To ensure delivery to your inbox, please add ops@pymnts.com to your address book. |
|
This email was sent to newsletter@newslettercollector.com by PYMNTS.com
Instant removal with unsubscribe
PYMNTS.com | 111 Devonshire Street | Boston, MA | 02108