News
The Demise of “Personal” Banking
Not that long ago, small businesses had personal relationships with their local banks.But that was before the financial crisis of 2007-08 and the global economic collapse, followed by the consolidation of many institutions into fewer and fewer banks.Today’s banks,...
64% of Small Business Owners Still Recovering from Great Recession
Seven years after the “Great Recession,” two-thirds (64%) of small business owners report their businesses are still in the process of recovering, according to Bank of America’s spring 2015 Small Business Owner Report. The report, based on a semi-annual survey of...
Successful Financing Take-Out of Printing Presses
Global Financial Finances Take-Out of Two Large Printing Presses MAC Financial was getting out of the press financing and was looking for a company to take out the financing on a family owned printing company that experienced past financial blemishes. Banks and other...
Vendor’s Sales Target Exceeded
Global Financial Assists Vendor in Exceeding Sales Target! Global Financial was called upon on September 25th to assist with a $420K transaction that another lender had for over two weeks promising an approval only to come back with a 13th hour decline. Global...