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POPSIberia Bank Wants More In Florida Timing is everything, as they say. Iberia Bank is betting big that the timing for Florida expansion is now. Even if they are early, they can average down with new purchases...just like the stock market.
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POPSCountdown Started On New South Savings This bank seems to be down for the count. Why would anyone buy into it now, makes more sense to wait for a Fed. assist deal. I hear Birmingham is lovely this time of year....any takers?
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POPSAttention Mr. Bank President The temptation to try some fancy footwork when your bank is in trouble, will ultimately backfire as it did for this guy. Although this story will get shoved to the back pages, I will watch as it progresses. I think the Feds. will want to make an example out of someone with such a high profile.
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POPSNever Pay Retail (for a bank) These new players coming into the Florida market are getting at a great discount. The FDIC is cutting fabulous deals that are much better than starting from scratch.
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POPSGoldman Sachs Donates to Small Business For these guys it's just a PR move, but so waht, a few businesses will benefit. This could also set off a chain reaction among other Wall Street giants doing the Mea Culpa thing.
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POPSSharks Are Circling Smart investors will make a fortune as a result of this meltdown. We will continue to see changing ownership of banks everywhere.
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POPSLouisiana Tax Credits For Digital Media Computers are being used more and more in the making of all kinds of movies, not just animated films. So is there that much difference between video game design and movie design? Louisiana is well positioned to capitalize on the growing film industry in the state to help grow a digital arts community. In New Orleans, we have always had a thriving artist community working in the construction of Mardi Gras floats. Good article and great concept.
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POPSCIT The Aftermath of BK There are alternatives for clients of CIT. In the factoring industry there is enough capacity to handle the runoff. One very good solution is the Receivables Exchange whom we represent and are an approved introducing firm. The real concern in pursuing new business contracts is the release of the existing contracts and UCC filings.
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POPSNow Is The Time To Buy Your Building If you are one of the lucky small businesses still doing well in this economy, you should give serious consideration to buying your own building. SBA interest rates have never been this low and will not last. Sellers are increasingly desperate to get rid of property. The opportunity is now.
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POPSInterest rates are going up With short term rates at or near zero, they can't o lower. The only way way rates can go is up. The questions remain; how high and how fast. This article does a much better job than I can about explaining what the bond market is facing. maybe the move up in rates won't be as dramatic as the article suggests, but we all should prepare ourselves for it.
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POPSA/R Management Accounts receivable can be outsourced and managed for less than the cost of processing most credit card purchases. If you are a B2B business issuing invoices, we can help you get paid faster and virtually eliminate your credit risk with customers. Please review our web site.
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POPSPlastic Fantastic Although the risks on credit cards may be similar to loans, the rates will be higher. Small business still needs to consider financing alternatives.
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POPSWho Are You Doing Business With Every business should check the credit of a buyer before making a sale. More importantly, if your client does ongoing business with your firm, their credit needs to be monitored at all times.
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POPSMerchant Credit Card Fees If you are going to offer credit to customers, someone will have to pay for this service. Everyone is always looking to lower their costs, on the other hand.
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POPSForget About Starting That New Bank The Fed is making it almost impossible to start a new bank these days. The smart move is to play along with them and BUY a failed institution. FDIC will make you an offer you can't refuse.
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POPSFactoring Is Another Alternative In this financial environment small buisnesses should consider all avenues to financing accounts receivables. We can help with better factoring solutions
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