Do We Need a Cash Advance or More Small Businesses?

America Could Use a Bit of Each
The U.S. has finally traveled out of the dark ages of recession, or so it seems, because a few people I know have had to utilize cash advance loans to keep their businesses afloat. Many of financial hardships that people are facing aren’t spewing [...]

The way things are going, small businesses are going to need more than that. What about a cash advance for all? (Photo: flickr.com)

Advanta Customers Beware: Credit Line is About to be Cut Off

Advanta to shut down credit without notice
Earlier this month, Advanta Bank Corp. announced that it will be shutting down customer’s credit lines on June 10. However, on Friday Advanta changed the cutoff date to May 30, which is Saturday.
To make matters worse, The Consumerist reports that an Advanta representative says [...]

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Obama Plan Aims to Aid Small Businesses

Banks urged to lend
President Barack Obama today announced a plan to help get “the heart of the American economy” beating regularly again. Much of the effort is aimed at encouraging banks that received bailout money to give small business loans.
Why small businesses?
Obama stressed that small businesses were responsible for 70 [...]

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