April saw 2024’s first bank failure when Republic First bank closed on April 26. The bank failed to reach an agreement with The Norcross-Braca Group, which, in September 2023 committed to invest $35 million if the bank submitted its report and scheduled required...
With Q1 behind us and Q2 well underway, it’s time for a check-in with the state of commercial real estate so far this year. While there are some definite national trends, conditions vary from region to region with some regions bucking those trends. Understanding the...
There’s no official word on who coined the term, “The bigger they are, the harder they fall,” but it certainly seems to apply to “unicorn” businesses as of late. These privately owned businesses earn the classification “unicorn” when they...
Factoring as a way to grow businesses may be getting a lot of attention these days, but it’s not a new concept. History tells us that the practice of selling accounts receivable for a quick influx of capital came to our shores with the Mayflower. However, it’s been a...
Believe it or not, we’re already heading into the second quarter of 2024. Financial performance in the first quarter is encouraging as the year got off to a strong start. While we didn’t see rate cuts from the Fed in the first few months, tech stocks...
If you’ve been watching the news, you already know that interest rates have started to level out, but that while reductions in interest rates are pending, businesses still need to access capital in order to serve clients. Today’s rates don’t have to scare...
