U.S. presidential elections are a marathon, not a sprint, and this race has been exceptionally grueling—both for the candidates and the public at large. But more concerned than the average U.S. citizen are small business owners, who have responded to the uncertainty by delaying new...
Stalled growth, disappearing jobs and a sense of foreboding are the defining characteristics of today’s economy. So, what or who is to blame? According to one theorist, the process of “creative destructions,” whereby the death of one business or industry gives rise to another, is...
After another harsh winter, the American economy is stabilizing and beginning to shrug off concerns of a prolonged slowdown or recession. According to the latest economic gauges, industrial production is increasing, inflation is firming, and the housing sector is continuing to pick up momentum. All of...
2015 was a picture-perfect year for construction, a banner year for the post-recession. Yet in 2016, many contractors in the United States are struggling to find financing for construction projects. The lack of financing has been a reality even over the past several years with the...
The “Advance-fee loan scheme”, as the scam is more commonly known, has been around for years. However scammers have recently intensified their efforts in part due to the current financial crisis in addition to tighter underwriting requirements in regards to small business loan financing created...
Claritza Wilshire, Business Development Officer at Capstone Corporate Funding, LLC attended the Sixteenth Annual Bronx Banker’s Breakfast. The meeting was hosted by the Business Initiative Corporation of New York (BICNY) and BronxBorough President Ruben Diaz, Jr. The meeting focused on revitalization of the Bronx’s economic activity...
The end of the first quarter of 2014 is upon us. It’s time to evaluate your business goals and objectives against actual performance.If you wrote your goals down as was suggested in Are You Better Off Today Than You Were A Year Ago?, you have...
Last Friday the US Jobs report for January 2014 was published. The economy created 175,000 new jobs in the month of January. Economists expected this figure to be lower because of severe weather throughout the United States. If the figure was smaller, the typical cycle...
Everyday, depending on what consumers or employers are doing, the economy is either growing or contracting. There are a few Economic Indicators or news announcements that you might be interested in following to come to your own conclusions: The decision by the Federal Reserve...
Has your request for a Working Capital loan ever been declined or converted to a term loan restricting your ability to grow? Many construction subcontractors who have expanded bidding opportunities are running into problems finding working capital due to significant restrictions put in place by...