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Tools of the Trade Series, Part Five - Financing Accounts Receivable

Posted by Patrick True

Fri, Mar 22, 2019 @ 08:00 AM

Non-employer businesses, 24 million strong here in the United States, are critically important to the nation’s economy, comprising 81% of all small businesses, employing 17% of the American workforce, and generating $1.2 trillion in annual sales.* But how are these businesses doing, really? The Small Business Credit Survey (SBCS), a national collaboration of the 12 Federal Reserve Banks, revealed last year that non-employer firms are performing positively overall… despite “notable financial challenges.”

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Topics: Commercial Lending, small business, financial services, Small Business Market, A/R finance, working capital finance, accounts receivable

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