2009 July 17 « Cavanaugh Business Solutions Blog

Will 2009 Gold Prices Cause Economic Bubble? September 16, 2009

As debates occur over whether Americans are responsible for the recessions, opinions on the next ten problem areas are beginning to surface.

Teens Buying Clothes September 7, 2009

The economic recession in the United States has caused teens to be more responsive to value when buying garments.

Consumer Debt Levels September 5, 2009

Since young people are being targeted for use of credit cards, they need to understand how to handle credit cards.

Two Strong Brand Names September 1, 2009

When considering whether to expand a retail firm, careful consideration should be given to value chain analysis of the activities in running the organization.

Related Business Strategy August 31, 2009

When the economic recession occurred in 2008, many business failed. In spite of this, however, many people saw an opportunity to start a business.

More Revenue for the States July 22, 2009

As the economic crisis hits harder, retailers stand to lose in the battle versus the states in their claims for unused gift card value.

Understanding Banking Industry Problems July 18, 2009

Business owners may be wondering how to finance businesses considering that CIT, the largest lender to small and medium businesses, is experiencing financial woes.

Online Shopping Concerns July 16, 2009

Many reforms have been enacted in the banking industry because of its history of crisis, and consumers are now changing the way that they manage their money.

Avoiding Late Fees on Credit Cards July 15, 2009

College students who are struggling with penalty fees may find that the problem may be that statements are not being adequately stored.

Marketing Strategies for Restaurants April 20, 2009

Knowing the characteristics of your target market will help you to determine the best way to market your products to a particular group.

For Financing Needs….

Posted on July 17, 2009 by gailcav

It is unfortunate that CTI may file for bankruptcy, leaving many small and medium business at risk. However, there are alternatives to seeking loans. Business owners who need additional capital may consider taking an advance against their credit card processing proceeds with their merchant services providers.
This capital, known as business financial [...]

Filed under: Uncategorized | Tagged: alterantives to loans, business financial services, CIT, credit card processing, CTI, financing for businesses, merchant service | Leave a Comment »

CIT Lending Profile

Posted on July 17, 2009 by gailcav

It appears that the Obama administration is firm about its decision to let the “chips fall where they may” with CTI Group, which was a major lender of DIP loans which were made to riskier business borrowers.
A review of ther lending profile is very revealing in that is is made up of 58.77% of defaulted [...]

Filed under: Uncategorized | Tagged: Chapter 11 reorganization, CTI lending profile, DIP loans, Eddie Bauer, Obama | Leave a Comment »

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