Midwest invoice factoring and news RSS Feed

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In challenging economies, it’s hard to predict cash flow. What is your cash flow management strategy for your Midwest business?

June 30, 2009

In more difficult economic times, your predicted cash flow situation may not materialize. Sometimes, Midwest businesses get better than expected news, such as when, in April 2009, Midwest business activity contracted at a much less severe rate than anticipated, thanks … READ MORE…

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Credit card processors are often insisting upon cash reserves from small businesses, hurting cash flow management.

April 25, 2009

How would that affect you? BusinessWeek is calling this tactic a “brutal cash squeeze,” one that can dramatically harm even well-established companies. The article quotes the CEO of Angie’s List, Bill Oesterle, whose credit card processor wanted a new reserve … READ MORE…

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In 2009, 1/3 of small businesses admitted to financial worries, including cash flow management problems when credit card limits were lowered.

February 9, 2009

According to a report released by the National Small Business Association in January 2009, 1/3 of small businesses have concerns about the ongoing viability of their businesses. This report also indicates that 28% of them experienced decreases on their lines … READ MORE…

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Business orders jumped in the Midwest this month.

September 1, 2008

What is your cash flow management plan when your orders unexpectedly skyrocket? In August 2008, the Institute for Supply Management – Chicago business barometer increased to 57.9 from 50.8 in July; economists had predicted that the index would only reach … READ MORE…

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“Ohio’s economy is built upon a legacy of strength in manufacturing and innovative thinking.”

January 11, 2008

Ohio is an excellent home for the successful entrepreneur! According to IBMag.com, “Ohio ranks best in the Midwest and among the top ten states in the nation in SITE Selection’s annual state business climate analysis.” Reasons for Ohio’s success include: … READ MORE…