A new Bloomberg Businessweek article suggests how a few small community banks are perhaps giving a bad wrap to the “banks aren’t lending” mantra. It seems like a case of the survival of the fittest played out in the business world. The article suggests a drop in small-business…
Equipment leasing and loan activity increased 15,8% last month compared with July 2011, reaching $6.6B, according to an ELFA survey. Between Januray and July financing rose 14.7% to $43.8B. “Despite well publicized fiscal challenges presented by the euro-zone debt crisis, a recent uptick in global oil prices, and a stubbornly…
The terms “Electronic Medical Record” or “EMR” are often used when referring to Electronic Health Record (EHR) technology. Very often an Electronic Medical Record or EMR is just another way to describe an Electronic Health Record or EHR, and both providers and vendors sometimes use the terms interchangeably. For…
Lending to small businesses is still lagging, but there are plenty of alternative sources of capital for these companies. Asset-based lending, lease-backs and cash advances help small businesses with capital needs, and there are more companies offering these services. Read more
Lease financing activity rose nicely in June. Companies are leasing and financing equipment at a steady clip, with new business volume increasing 29% last month compared with May, ELFA reported. The association indicated June was one of the best months for the industry since the recession. “Capital financing is…
It is July and if you are a shopping mall, plaza, or you manufacture and install holiday décor it is time to start planning for the holiday season. Holiday decorarations are an important of the shopping experience. Shoppers need to be enticed in order to put their computers down, get…
The Equipment Leasing & Finance Foundation released a new quarterly update to its 2012 Equipment Leasing & Finance U.S. Economic Outlook on July 10. The report, which is focused on the $628 billion equipment leasing and finance industry, forecasts equipment investment and capital spending in the United States and…
In what appears to be good economic news for the economy, small business bankruptcies declined 36 percent from the first quarter of 2010 to the first quarter of 2012—and the decline is projected to continue, according to a new study. The Atlanta-based credit rating firm Equifax analyzed Chapter 7, 11…
The Thomson Reuters/PayNet Small Business Lending Index reached 108.4 in May, the highest level this year. Compared with May 2011, borrowing increased 18%. PayNet co-founder and President William Phelan cited low interest rates and stronger balance sheets. The April index was revised upward, to 98.6. Reuters
Loans at JP Morgan Chase, Bank of America, Citigroup and Wells Fargo dropped 4.9% in the first quarter compared with Q1 of 2010, according to a Bloomberg analysis. In contrast lending by 17 of the smallest banks in the KBW Bank Index rose 9.8%. Analysts say the largest banks are…
