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Having to wait up to 60 days for commercial customers to pay their invoices can be one of the biggest challenges that owners of small to mid size companies have to face. Waiting to get paid is not usually an issue for well-established companies that have a significant cash cushion in the bank. However, it can seriously affect smaller companies or companies that are going through a significant growth phase.Most owners react to this cash flow problem by more ...
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First Transactions Processed by DTCCs AIP Service (Business Wire via Yahoo! Finance) NEW YORK----The Depository Trust & Clearing Corporation announced that two charter clients of the Alternative Investment Products service — BNY Mellon Shareowner Services and Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation — have completed testing and gone into production with live data. Mon, 01 Dec 2008 14:00:00 GMT
Monday's news and tips (Investors Chronicle) ■ No-frills airline Ryanair has launched an all-cash offer for Aer Lingus in a new attempt to gain control of its rival. ■ Sofa retailer Land of Leather has confirmed recent press speculation that it has received a number of unsolicited expressions of interest. Mon, 01 Dec 2008 09:47:02 GMT
FINANCE: Bailout billions not making loans easier to find (North County Times) The U.S. government has pumped billions of dollars into the nation's banking system, yet borrowing money remains an obstacle for some consumers, mortgage brokers said last week. Sat, 29 Nov 2008 08:39:07 GMT
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