Wall Street Journal Tightens Business Credit

NEWS FLASH. Credit markets tighten. From the Wall Street Journal front page Tuesday, January 22, 2008. "In particular, start-up and smaller companies are finding that banks are setting higher rates, seeking more collateral or lending smaller amounts." This is actually good for us in the cash advance industry. As traditional banks tighten up small and medium sized businesses will have to turn to alternate sources of fianancing like the merchant cash advance to get funds for cash flow and expansion