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As the US economy slowly emerges from the great recession many small businesses are looking upon battered and bruised balance sheets and income statements. Before the downturn they looked young healthy and vibrant but the distress of the credit crunch, high unemployment and record business closures has taken its toll. Receivables growing longer in the tooth each month. Write offs of bad debt up. Client defections, pinched profit margins and market erosion due to decreased buying power, busin
The Experian Moody's Analytics Small Business Credit Index has posted its forth consecutive quarterly improvement.
"The Experian/Moody’s Analytics Small Business Credit Index rose 1.2 points to 117 due to the growth of small-business credit balances. According to the Q4 2013 report, the increase marked the fourth consecutive quarter of improvement in small-business credit conditions and provided the highest index reading since data tracking began in 2011.
"Credit is flowing more freely to small bu
Are we seeing ghosts everywhere or is something ugly going on indeed? Take a look to some of the current debates, concerns and questions about Greece, US and China, and imagine how it all could play out.
Greece: Austerity measures and new bailout package
Last week, Greece’s Prime Minister George Papandreou won approval to his 78 billion-euro package of budget cuts and asset sales, key to receive the fifth instalment of 110 billion-euro bailout in 2010. This despite of the boiling public anger and
Thanks to the MORE rating evaluation done by modeFinance (link), the company’s deterioration in the credit ratings (in 2009 the MO
As it is possible to read in the article, the modeFinance financial analysts have studied the evolution of the financial performances for more than 3 million companies all around the world during the triennial 2007-2009, with the purpose of understanding the effects of the financial crisis in the compa
Border Group Inc Possible Bankruptcy Filing? Check the modeFinance Credit Rating (CC in 2010)! http://tinyurl.com/6em7sqy