Search for credit can take small firms to costly places With bank loans still tough to get, many small businesses across the nation are paying private lenders annual rates of up to 36 percent plus fees to get the cash they need to buy inventory, pay their mortgages and meet payroll. Read more on Seattle [...]
Tag Archives: Firms
Repossession Firms Seizing Fancy Boats, Private Planes
The economic downturn in the United States is taking its toll on the wealthy. US repossession companies are being called-in to seize an increasing number of luxury items such as yachts and private jets from people who have defaulted on their loans. As Steve Mort reports for VOA from Florida, one such company says its [...]