Greetings!
Welcome to Sun Capital, Inc's Funding Facts Bi-Monthly Newsletter. We trust that you will find the information included in this issue helpful. Please visit our website www.suncapital.com for more information or call us at 800-880-1709 to speak to one of our senior specialists today!
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GROUP INFO-TECH GROWS WITH ITS CLIENTS
Account Receivable Funding Credited As Key Financial Tool For Launch And Growth
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As the need for e-business and intranet technology continues to burgeon globally, Group InfoTech is prepared to capture its share of that growth, both strategically and financially. Geno Pandolfi, now at the helm of its two divisions, Info-Net Technology and GIT Application Solutions, noted that Group InfoTech was able to quickly position itself in this fast-growing industry by having a well-staffed team of innovation-minded technology specialists on board, a well researched and defined business plan, and the right financial foundation.
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INDUSTRY NEWS: Timely Topics
As Lenders Tighten Flow of Credit, Growth at Risk
The combined value of two leading sources of
credit - outstanding commercial and industrial bank loans, and
short-term loans known as commercial paper- peaked at about $3.3
trillion in August, according to data from the Federal Reserve. By
mid-November, such credit was down to $3 trillion, a drop of nearly 9
percent.
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FAQ: Frequently Asked Questions
Is accounts receivable funding a new financing option?
Read More How does accounts receivable funding differ from bank financing?
Read More What type of invoices can I get funded?
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| MEETING THE NEEDS OF OUR CLIENTS |
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"Sun Capital has been a truly fantastic company
to work with. Before we found out about Sun Capital we were finding it
very hard to even make payroll. For service businesses to wait 45 to 60
days for invoices to be paid is difficult. Sun Capital has saved our
company. We now have a steady cash flow every month."
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