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Mercantile Capital Corporation loans for Small Business Owners

www.504Experts.com Learn how Mercantile Capital Corporation offers the Smartest commercial real estate financing for business owners

Tags: Business, Capital, Corporation, Loans, Mercantile, Owners, Small

Nissan Whistleblower Compares DOE Spending on the Nissan Leaf EV with Solar Firm Solyndra: Bovat Testified at the TN State Capital about Wasted Spending of Taxpayer Funds

Nissan Whistleblower Compares DOE Spending on the Nissan Leaf EV with Solar Firm Solyndra: Bovat Testified at the TN State Capital about Wasted Spending of Taxpayer Funds

Sharyn Bovat went to Washington DC to complain about the DOE granting millions of dollars on EV fast chargers that will ONLY work on Japanese cars

Franklin, Tennessee (PRWEB) September 27, 2011

The 3 time jailed whistleblower from Nissan Sharyn Bovat (case # gsc -3714) says she’s now an advocate for taxpayers rights and is promoting transparency of DOE spending. Last week she told Tennessee State legislatures that she alleges her arrest were harassment for complaining about how DOE money has been spent.

Prior to Bovat’s arrest she was considered one of the top relocation consultants in Middle Tennessee. It was her job to make people from all over the world WANT to move to TN. Since 2006 she helped NISSAN executives. In 2009 NISSAN she worked for Nissan board member Carlos Tavares.

When working with Carlos Tavares the 1st Nissan EVP to work outside Japan Sharyn became a whistle Blower and told him of discrimination against women: women in management at NISSAN declined from 20.9% in 2006 to 10% in 2009

Bovat also whistle blew on wasted spending of Tennessee taxpayer money. Bovat had documented that at taxpayer expense she was asked to find a spa for oxygen facials for a French VP. After Nissan applied for a DOE loan of over a billion American tax dollars in June 2009 she started a blogging about discrimination & spending.

At last week’s Court of Judiciary hearing in Nashville Tennessee Sharyn Bovat spoke her full written statement is at http://www.nissanwhistleblower.com . Sharyn said is not alone in her concerns & recently US Congressional Rep. Cliff Stearns, Chairman of the oversight and investigations committee of the House Energy and Commerce Committee said “I think we have other Solyndras out there…” adding “The government should not be picking winners and losers — that’s what they’re doing with Nissan…”

Two weeks ago Bovat traveled to Washington DC to communicate that the DOE was spending money on electric car chargers that will only work on Japanese cars saying “Fast Chargers are being installed for over 100,000 in Washington State, Oregon and Illinois are paid for by DOE grants and the level 3 fast charger function will ONLY work on the NISSAN Leaf & Mitsubishi. Toyotas will NOT work on the new “Fast Chargers” being installed.    

A Reuter’s article backs up the allegation “the RAV4 EV will not include a ChaDeMo charging port. Toyota will not offer fast charging on any vehicles until the SAE determines a standard.” http://www.reuters.com/article/2011/07/13/idUS357178020420110713 and the New York Times has written articles about the problem. http://wheels.blogs.nytimes.com/2011/09/22/ecotalitys-fast-charging-units-good-news-for-leaf-owners-and-for-now . Autoevolution states “The only car that can use Level 3 plug charger installed in Washington is the Nissan Leaf.” http://www.autoevolution.com/news/first-ev-highway-in-us-to-be-built-in-washington-37131.html

During the judicial hearing Bovat quoted a Forbes article saying “…the Leaf’s ‘real world’ range is 58 miles per charge. NOT the 100 that was touted to get the DOE funds…..and it’s been on her blog that the battery technology NISSAN is using is the same form the 90’s”

According to Elon Musk the CEO of Tesla the Nissan leaf battery is a “much more primitive level of technology” http://gigaom.com/cleantech/tesla-ceo-nissans-leaf-battery-is-primitive/

Bovat claims that Nissan insiders contacted Bovat telling her the technology for the NISSAN Leaf battery was created in the 90’s C.A.R.B. days when California required all car manufacturers to build EV’s.

Florida Congressman Cliff Stearns sums it all up by saying “I am concerned that the DOE is providing loans and loan guarantees to firms that aren’t capable of competing in the global market, even with government subsidies” New York Times: Full article: http://www.humanevents.com/article.php?id=45886

NISSAN has spent government money from 5 countries to build capacity to make 500.000 Leafs per year. In June 2011 in Tokyo at the shareholders meeting it was announced the companies goal is to sell 250,000 a year. Bovat says that means 1/2 the jobs promised to the various countries will NOT happen

NISSAN has to sell 500,000 Leafs to “break even” & as of September they’ve sold a little over 12,000 worldwide!!! Carlos Ghosn has publically stated that the project must be profitable to succeed.

According to a recent USA Today article the Electric Car is have a “slow” start with the headline reading: Europeans showing little interest in electric cars http://content.usatoday.com/communities/driveon/post/2011/09/europeans-showing-mute-interest-in-electric-cars/1

Bovat believes NISSAN and those profiting from the DOE funded project wanted her discredited. Had she NOT spent 14 months + battling a trice “trumped up” 1st time misdemeanor she would have filed a False Claims lawsuit on behalf of the American taxpayers.

For over 2 years she’s posted lots of bad spending & discrimination at http://www.girlintheblackhonda.com & Nissan has never issued a court order telling her to take it down so it’s still online. Bovat has since started other blogs including http://www.americantaxpayersforcommonsense.com , http://www.nissanwhistleblower and her newest http://www.carlostavaresrenault.com that blog was started after the man she first whistle blew too got promoted to lead Nissan’s parent partner Renault.

Sharyn Bovat cannot understand how after blogging for over year & without a court order why she was arrested at Nissan North America. Bovat says “6 police cars were sent to haul me, an unarmed relocation consultant to jail & the irony is that the warrant was ‘sworn out’ by a man that I had blogged about harassing me for a year.”

Why was Sharyn Bovat jailed 3 times in Tennessee???

Why has a relocation consultant who’s also a carpool mom, a woman with no criminal record endured excessive arrests & prosecution???

Why was a 1st time misdemeanor assigned to a Special Prosecutor, 2 assistant DA’s and now an Independent Prosecutor???

Why does the judicial system let the harassment of a whistleblower continue for over 14 months..???

Bovat believes the answer is that Nissan wanted to discredit her saying “had I NOT spent 14 months + battling a trice ‘trumped up’ 1st time misdemeanor I would have filed a False Claims lawsuit on behalf of the American taxpayers and I think Nissan knew that”

Sharyn Bovat is frustrated with the fact she’s done over 10 press releases and the local paper still does not report her story. Bovat even started a blog about the lack of press http://www.gannettmcnews.com .

The former Tennessean editor Mark Silverman has met with Bovat on numerous occasions and Bovat says he told her “one reason the Tennessean is not covering the story of a Whistle blower being jailed 3 times in Middle Tennessee is because he was understaffed at the Gannett owned paper” Sharyn adds “then a month later his paper laid off more reporters.”

A recent FCC report states “A shortage of reporting manifests itself in invisible ways: stories not written, scandals not exposed, government waste not discovered, health dangers not identified in time, local elections involving candidates about whom we know little,”

Sharyn Bovat is tired of all the drama in reference to NISSAN and she wants to move on with her life saying “I just want the DOE to audit all the companies that are not in bankruptcy like Solyndra and I want the American taxpayer respected. Those of use that pay taxes have worked hard and it’s about time we got respect.

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Tags: About, Bovat, Capital, Compares, Firm, Funds, Leaf, Nissan, Solar, Solyndra, Spending, State, Taxpayer, Testified, Wasted, Whistleblower

Macro Business Capital Funds: The Best lenders with easy approvals of unsecured Business credit

Taking a loan for business is an important decision. A business loans borrower must understand that while taking loans can help a business grow, a wrong decision will mean debt and actually damage financial stability of a business. Financing a business through business financing loans can be a formidable task. But a good preparation can easily sort out any matter detrimental to getting your business loans approved. Firstly one needs to determine how much loan amount one requires as business loans. Then there are different business loans products to decide from. Business loans without collateral are unsecured business credit.

A small business is generally one that is independently owned and operated by one or more individuals, is not one of the dominant players in that particular industry, and its size comes under the size limits defined by the regulatory authority of small businesses in the country. Funding a small business can be either through self financing, taking loans from banks, financial institutions or even family and friends. Insufficient business funds are one of the leading causes of business failure. A continuous flow of cash is crucial for the success of the business, but small business loans are not easy to come by, due to the stringent regulations for underwriting them.

Unsecured business funding can be used for starting a business, refinancing, expanding your business, purchase of equipments or any other commercial investment. Another benefit of these funds is that you don’t have to enter yourself into a multitude of liabilities and commitments to acquire this loan which tends to be the style of a secured loan. Loan companies will let you apply for an unsecured loan at a term that is agreeable to your situation with a reasonable interest rate. Once your unsecured small business loan application reaches the hands of the lender, processing starts immediately by doing a background check of your credit history and your current financial situation. When applying for a loan, you must prepare a written loan proposal. You need to make your best presentation in the initial loan proposal and application as you may not get a second opportunity.

Unsecured small business loan is not really a loan in the truest meaning of the word. The amount you borrowed is a form of a cash advance which will be paid back through a merchant account. In most cases, you’ll be required to produce a credit card as a mode of repayment. You also need to pay a fixed amount every month and have to stay in business until your loan is paid. So, if you’re interested to apply for small business loan, you can check out the internet for unsecured loan companies. With the use of the internet, comparison is easy to do and searching for the best terms that will satisfy you is just a click away.

Tags: Approvals, Best, Business, Capital, Credit, Easy, Funds, Lenders, Macro, Unsecured

Shaw Capital Management Headlines : South Korea: High Interest Charged by Finance Companies Probed

http://www.syminvest.com

Source : THE DONG-A ILBO

Jul 2010

Seul, South Korea, July, 24 2010 – An investigation into finance companies began Friday after President Lee Myung-bak complained a day earlier that the companies are charging high interest rates while visiting a branch of a micro-finance foundation.

After a meeting with chief directors of micro-finance foundations at the Bankers Club in Seoul Friday, Financial Services Commission Chairman Chin Dong-soo told reporters that a probe will begin into finance companies imposing high interest rates on loans to individuals and devise countermeasures.

“A 30-percent interest rate is very high,” he said. “Through an in-depth investigation, we will devise measures to ease the burden on the working class.”

“The main operations of finance companies are leasing, installment financing and providing auto loans, but unsecured loans account for a significant share of their operations,” he added. “This means demand for livelihood funds and emergency loans is high in the market, but interest rates in the 30-percent level is excessive.”

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The marketing share of unsecured loans among finance companies is around five percent and the amount of extended loans is about three trillion won (2.5 billion U.S. dollars). The interest rate on loans for individuals at such companies is an annual average of 32.6 percent and the default rate is near the legal limit of 44 percent.

Financial authorities estimate that the financing costs of finance companies are five to nine percent and that bad debt reserves are more than five percent. Though costs for management and collecting from borrowers are included, the combined cost of financing is under 10 percent, making 30 percent excessive, they said.

To improve the interest rate systems of finance companies, the commission and the Financial Supervisory Service will soon set up a fact-finding team to analyze financing and marketing costs of such companies and conduct on-site investigations if necessary.

Financial authorities will also crack down on the illegal practice of paying high fees to loan collectors to increase their numbers.

Finance companies will also be encouraged to make interest rate cuts by removing handling fees similar to upfront interest. Generally, they impose around three percent of the loan amount as a handling fee.

Credit card companies, which had been at the center of controversy for charging high interest for cash services, eliminated handling fees early this month.

Separately, financial authorities will reduce the interest burden on the working class, who are excluded from institutional financing, by invigorating micro-finance and the “sunshine loan” system designed to lend startup and emergency funds to low-income households at low interest.

Chairman Chin said, “After the Asia-wide foreign currency crisis and the latest global financial crisis, the financial situations of low-income households with low credit ratings have gotten worse,” adding, “We should help the working class` finances to gradually allow a soft landing by expanding guaranteed sunshine loans.”

He also told the micro-finance chief directors, “I urge operators of micro-finance foundations to return to the basics and make every effort to help low-income households with low credit ratings.”

Related Finance Companies Articles

Tags: Capital, Charged, Companies, Finance, Headlines, High, Interest, Korea, Management, Probed, Shaw, South

Bad Credit Small Business Loans – Business Working Capital For Less

In the difficult environment many retailers find themselves, it is not uncommon that many businesses may be having credit difficulties and are having trouble getting bad credit small business loans. Unfortunately, when these retailers attempt to get a loan at a bank, it can become very difficult to get approved if the credit is less than perfect due to restrictive guidelines placed on loans by business banks and the SBA.

For these types of retailers, often they are forced to go with a merchant cash advance from their payments processor. These “cash advances” are not regulated as true loans, which mean they can charge factor, or interest rates, as high as 50%. Not only are these unfairly high rates a problem but they are often coupled with a requirement to pay unfair upfront fees, purchase equipment and/or switch to a new credit card processor in order to receive the money.

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Because these unregulated “advances” are not subject to typical lending laws, the interest rates often will change or spike up during the repayment period. High “Holdback” or payments for such a loan can also be a terrific burden on a business

Often advertised as “unsecured” and not contingent upon owners credit, what is often not mentioned is that the cash advance company will usually file a lien against the owners business as a security interest. This means that if the business is liquidated or sold, the cash advance company has legal claim to the proceeds outlined in the lien.

Fortunately, there is a much better alternative for merchants who need bad credit small business loans but do not want to be subjected to unfair interest rate, fees and other difficult requirements to secure working capital. This new type of true, regulated business loan is called credit card receivable financing and features:

Interest rates that are 50-80% less than a merchant cash advance
No upfront fees, points
No requirement to switch credit card processors
No requirement to buy equipment
Owner credit score as low as 550.
Pre-approvals in 48 hours
Fundings in 7 to 10 Business days
A true, regulated business loan that builds positive credit history.

To find out more about this new type of lower cost bad credit small business loan, see below

Related Business Loans Business Articles

Tags: Business, Capital, Credit, Less, Loans, Small, Working

Commercial Loan Help for Avoiding Problem Working Capital Lenders

Avoiding critical problems is vital for a small business owner seeking help with commercial loans. Successful working capital management especially requires that problem lenders be avoided for business loans and commercial mortgage financing.

One of the most serious commercial loan situations is a small business commercial lender that causes problems for their commercial borrowers on a repeating basis. Commercial borrowers should be prepared to avoid certain problematic commercial lenders unless alternative working capital loan options are impossible.

This article will not name specific lenders to avoid. However, we will describe the importance of avoiding “problem commercial lenders”. Key examples will be provided to illustrate why prudent commercial borrowers should be prepared to avoid a wide variety of existing commercial lenders when seeking viable commercial mortgage and small business financing strategies.

I have been advising business owners for many years, and I have encountered many commercial loan situations which have involved commercial lenders that I would not recommend as a result. This conclusion is typically based on an obvious pattern of lending abuses by select business financing providers.

As a first example of lenders to avoid, I have published an article which discusses the tendency of many banks to say “yes” when they mean “no”. Such banks will typically attach onerous business financing conditions to commercial loans instead of simply declining the loan. Business owners should explore other commercial mortgage alternatives before accepting commercial financing terms that put them at a competitive disadvantage.

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The second example of lenders to avoid involves the commercial appraisal process. For commercial mortgage loans, commercial appraisals are an unavoidable part of the commercial loan underwriting process. The process to obtain commercial appraisals is expensive and lengthy. Avoiding commercial lenders which have displayed a pattern of problems and abuses in this area will benefit the commercial borrower by saving them both time and money.

The third example of lenders to avoid is illustrated by those which provide worthless pre-approvals for commercial loans. Business borrowers often want an early pre-approval for their business loan. The apparent result of the preliminary business financing approval is that it will allow the borrower to make other business commitments which are dependent on the commercial mortgage being approved.

Commercial borrowers should expect that a valid approval will not be regularly issued in a day or so. Any form of commercial financing approval will be treated as a binding action by ethical lenders. Nevertheless there are commercial lenders who provide their own special version of a pre-approval within just a few days of receiving preliminary application information. Because this abbreviated approach to pre-approvals almost always produces unexpected surprises for the commercial borrower as the business loan process goes forward, commercial borrowers need to be extremely wary of any commercial lenders that take this approach.

You might ask why any lender would use a misleading pre-approval for a commercial loan? Here are two primary possibilities. The first reason is to employ a pre-approval process that resembles the approach used for residential mortgage loans. The second is to encourage the borrower to end their consideration of other commercial lenders.

Since many commercial mortgage loans are arranged by residential mortgage brokers who are frequently unfamiliar with common commercial loan procedures, this reason will be especially applicable when dealing with commercial lenders that specialize in dealing with residential mortgage brokers. This type of commercial lender should be avoided at all costs for most business financing situations.

The fourth example of lenders to avoid is related to lack of sufficient lending competition. It is not unusual for the leading small business lender in some markets to use more restrictive commercial loan terms. This lack of other local lenders is often taken advantage of by such problem lenders. It is not wise for borrowers to rely upon local and regional banks for most business financing requirements. A non-local lender can frequently provide better business loan terms for most lending scenarios because they are routinely competing with other business lenders.

Tags: Avoiding, Capital, Commercial, Help, Lenders, Loan, problem, Working

Building Social Capital in America

In this and my next several blog posts, I’m going to try to draw out a few ideas, and pull together several disparate strands of thought around what I see as the great promise (and, to some degree, a great threat) of network technologies– including social media, the internet and, most of all, the mobile phone. The ideas I’ll be discussing are not new; rather, they’ve been described and detailed carefully by men and women much cleverer than I. But I hope to pull some of these strands together in a fresh discourse that will drive toward some kind of an agenda.

This first post will be largely an introduction of the problem, drawing largely on one particularly piece of sociological research… I’ve been re-reading portions of Bowling Alone, Robert D. Putnam’s seminal sociological chronicle of the decline of “social capital” in America in the past several half-century (up to the book’s 2000 copyright date). For the uninitiated, Putnam describes social capital this way:

By analogy with notions of physical capital and human capital– tools and training that enhance individual productivity– the core idea of social capital theory is that social networks have value. Just as a screwdriver (physical capital) or a college education (human capital) can increase productivity (both individual and collective), so too social contacts affect the productivity of individuals and groups.

Putnam draws a dreary picture, illuminating an across-the-board decline among the organizations, associations, and memberships that can illustrate the strength and density of American social capital. Skipping to the end of the tome, Putnam reveals his best sociologist’s estimate of the causes behind these dreary trends. Fully half of the decline he attributes to generational change, particularly the aging of the “long civic generation” born in the early part of the last century who were historically notable for their “joining” instincts.

On this particular challenge, NDN Fellows Morley Winograd and Mike Hais offer a lot of reason for optimism in their two books Millennial Makeover and (forthcoming!) Millennial Momentum. I highly encourage you to go read their books and their blog; I’ll clumsily paraphrase one of their broader arguments this way: the Millennial generation, born roughly between 1980 and 2000, seems to be a “second civic generation” sharing many joining instincts with their grandparents, the cohort that contributed to the high-water mark of social capital in the 1950s and early 1960s. It’s encouraging that history’s largest generation seems uniquely predisposed toward civic engagement, and for my purposes, useful to note that they (we) also happen to be the first “digital native” generation.

But if this generation is to rebuild American social capital, it needs fora in which to connect, build bonds, and establish the mutual obligations of social relationships. While the primary causes Putnam points to are immense, historical shifts, the secondary causes can be largely boiled down to the resultant decline of membership in general community organizations: churches, Rotary clubs, PTAs, etc. It’s hard to imagine most of these organizations making a powerful comeback among the Millennial generation, and we’re left with the question of where, exactly, Millennials will come together to build social bonds.

Another cause Putnam identifies as contributing an additional 10% toward the decline in social capital is “suburbanization, commuting, and sprawl.” This trend has reoriented American communities away from the neighborhoods, downtown areas, corner bars, and public squares where social capital was once forged, to a landscape dominated by highways and strip malls where the closest thing to a shared public space can be found in the Caverns of Walmart. And so, in addition to the evaporation of civic groups, our shared physical spaces are also disappearing, and the question of where social capital can be created in the 21st century becomes still more confounding.

As you’ve no doubt guessed by now (Sorry this took so long. Actually, I’m not sorry at all. Brevity is for cowards.), the point I’m driving toward is this: with the decline of community organizations and associations, and the disappearance of shared public spaces, I look to new network technologies to bridge some of those gaps, and help create the shared public spaces of the 21st century.

In some of my writing earlier this year analyzing the impact of social media in the Arab Spring, I concluded that the great power of these new technologies lies in their ability to create a “second public sphere” in countries where offline speech and assembly are harshly censored. Well, it turns out we need a similar vitalization of our public sphere in America.

To be sure, an online public sphere already does exist in America: on social networks, blogs, and through the myriad connections facilitated by our myriad devices. But the questions I want to answer in the coming blog posts are these: how can new technologies– mobile, social technologies– help foster (and not detract from) civic engagement and social connections? How can these technologies enhance a place, or a city, rather than distract from it? How can civic structures around the world be strengthened by new technology?

I hope you’ll join me in taking on these questions, and help turn this into an interesting dialogue.  If there are things you think I’m missing or should be reading, please pass your ideas along in the comments or via email!

NDN blogs

Tags: America, Building, Capital, Social

Finding Capital in ‘Dark Pools’ and Angel Investors

I’m Alex Villarreal with the VOA Special English Economics Report, from voaspecialenglish.com | http Big stock exchanges in the United States are linked in what is known as the national market system plan. The idea is to process deals and report the best available prices to the public as quickly as possible. But there are other ways of investing that operate outside the national market system. In the late nineteen nineties, the Securities and Exchange Commission wanted to make room for new ideas in financial trading. The commission developed new rules for exchanges and for what are known as alternative trading systems. Alternative trading systems are operated by brokers or dealers. They mainly serve big investors like retirement funds, universities and financial companies. These systems trade the same public stocks as other market players do. But they do not publicly report their trades. This secrecy explains why they also have another name: “dark pools.” As of October, there were eighty-six alternative trading systems registered with the Securities and Exchange Commission.A buy or sell order for a large amount of stock can move markets. It can influence other investors to try to buy or sell shares of that same stock. Supporters of alternative trading systems say the secrecy reduces the risk of a disorderly market. But the International Monetary Fund has concerns about alternative trading systems. It says they limit the ability of the investing public to price a security …
Video Rating: 4 / 5

Tags: Angel, Capital, Dark, Finding, Investor's, Pools'

Adam Capital and New Resource Bank Join Forces to Fill Critical Solar Funding Gap

Adam Capital and New Resource Bank Join Forces to Fill Critical Solar Funding Gap

San Francisco, California (PRWEB) July 13, 2011

Adam Capital Clean Energy Asset Finance LLC, is pleased to announce the approval of a $ 3 million line of credit from New Resource Bank. The funding will allow the solar energy finance firm to extend additional capital to small-scale solar developers throughout the United States, including home owners, small businesses, nonprofits, schools and low-income housing developments.

Adam Capital pioneered asset-based lending for rooftop-scale clean energy developers and has funded hundreds of completed projects with loans in the $ 500,000 to $ 5 million range. By providing loans to cover up-front construction and installation costs, Adam Capital enables developers to install solar energy systems that qualify for federal government ITC Grant funds as well as local utility rebates and incentives. Grants, rebates and incentives are directly assigned to Adam Capital to repay the short-term loans.

Adam Capital currently serves 400 to 600 solar projects per month. Backed by New Resource Bank, the firm will be able to fund more projects and developers—and bring the benefits of solar energy to more people—in this under-served market sector, where projects often stall for lack of financing.

Adam Boucher, founder and CEO of Adam Capital, says: “This line of credit from New Resource Bank demonstrates that Adam Capital has developed lending products, systems and controls that enable us to serve an overlooked market with a level of oversight unparalleled in the marketplace today. Combining our specific expertise in this space with the institutional resources of New Resource Bank allows us to expand our capacity. This relationship will allow us to fund hundreds more projects than we otherwise would have by the end of the year.”

“We’re excited to be growing our relationship with Adam Capital,” says Joe Anzalone, New Resource chief banking officer. “As a mission-focused bank with the goal of advancing sustainability and renewable energy, we view Adam Capital and its ability to provide financing to clean energy developers as invaluable. Few private lending institutions have the expertise necessary to provide funding for residential and small business–scale installations. Given our shared vision for distributed power generation and our shared philosophy to promote sustainable living, we see a great future in our relationship.”

About New Resource Bank

New Resource is the premiere bank for people who are leading the way to a more sustainable world. We match an entrepreneurial spirit with a dedication to achieving environmental and social as well as financial returns. Our mission is to advance sustainability with everything we do—the loans we make, the way we operate and our commitment to putting deposits to work for good. https://www.newresourcebank.com/

Media contact: Sandra Stewart, sandra(at)thinkshift(dot)com

About Adam Capital

Adam Capital Clean Energy Asset Finance LLC is a private investment fund operating solely within the clean energy sector. We extend collateralized loans under $ 5 million, an important niche within the clean energy finance spectrum that is largely unserved by banks, bond markets or venture capitalists. By leveraging ITC grant payments and other incentives as collateral, we enable our borrowers to install much-needed small-scale clean energy projects. We have had over 300 projects go full cycle across multiple states and utility districts, serving the needs of individuals, schools, nonprofits, and businesses. http://www.adamcapital.com/

Media contact: Andrew Mannle, Communications Director, andy(at)adamcapital(dot)com

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Tags: Adam, Bank, Capital, Critical, Fill, Forces, Funding, Join, Resource, Solar

Bad Credit Loans For Business- Working Capital Loans With No Credit Cards

Many businesses have found themselves denied for working capital loans because few banks are lending in this post financial crisis climate. Most ‘bad credit loans for business’ are from merchant cash companies that make accepting credit cards a requirement of getting the loan disbursed. Unfortunately, many entrepreneurs need small business loans for bad credit who may have been approved a few short years ago.

These businesses may not accept credit cards, and may have been shut out of receiving even a {high rate|expensive] merchant cash advance because they are a traditional ‘cash’ business or a manufacturing concern that bills it’s clients net 30 or net 60 terms, receiving checks or wire transfers of cash as payment. These types of businesses have been the hardest hit as banks tend to hold onto their sizable cash reserves until economic indicators get better and so-called ‘alternative’ business non-bank lenders will only lend to those concerns that accept credit cards.

Such businesses may be described by traditional banks or the SBA as bad credit, but still have a healthy business base and cash flow. Many times, business loans have been disapproved simply because a owner may have a bad credit score, even though the rest of the business fundamentals may be sound.

However, there is an option from a non-lender that has entered the marketplace that can handle business principals with low credit scores and still make loans to so-called “cash” businesses that have an established track record. Additionally, the expense of these loans is usually 40-50% less than a similar cash advance without any upfront fees. Manufacturers, internet companies, restaurants and other companies that have been recently been “blacklisted” by many lenders may also be approved for working capital.

The so called ‘credit crunch’ has left many businesses that were once considered excellent loan applicants in the uneviable position of needing bad credit loans for business, whether or not they truly have bad credit. Fortunately, new options exist that will help create opportunity with their businesses as they move forward into the future.

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Tags: Business, Capital, Cards, Credit, Loans, Working