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For businesses to succeed in an erratic lending climate, the use of aggressive loan strategies means that some small business finance options which borrowers previously ruled out because they were too complicated or expensive might merit another look. A accounts receivables factoring program (also referred to as merchant financing) is a key example of a commercial financing strategy which has probably been a Plan B for many small businesses but not their eventual choice for acquiring more working capital. With a sudden reduction in business lines of credit and an increased requirement for collateral by many commercial lenders, the use of credit card processing to obtain working capital now has more practical appeal for the typical small business owner who needs more cash for their daily operations. Read more »

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Based on what has been seen and reported, it is reasonable to wonder if commercial banking has more big problems lurking in the wings. Banks and other lenders have experienced both poor operating results and negative publicity for the past year or more. Actual commercial mortgages activity reported by banks conflicts with the usual attempt by politicians and bankers to portray banks as normal and healthy. Read more »