U.S. manufacturers, distributors, and wholesalers often find it difficult to extend 30-day credit terms to small supply contractors.By partnering with Bibby Financial Services, Dominion Capital Management Corporation can now offer Business Credit Assurance, a debt-free commercial credit guarantee to minimize credit default while driving more government sales through GCMS firms.Even though the GCMS program is primarily geared to support supply contractors, service contractors may also obtain contract financing through the program. “Our decision to offer a working capital solution as part of Dominion’s GCMS program makes perfect sense,” says Leigh Lones, Bibby Financial Services CEO, Americas.”Bibby’s expertise in fast, flexible financing alongside Dominion’s commitment to helping small suppliers minimize administrative and operational burdens will open the door for the thousands of small businesses that are looking to capitalize on the chance to work with government agencies.” GMCS is designed to support small, minority, woman, and veteran owned businesses that wish to start up or expand to sell goods and services to government agencies.”We started this program to grow economy and value for small businesses and government agencies,” said Ervin Hughes, Jr., president, of Dominion Capital Management.”Now that we’ve partnered with Bibby Financial Services, our co-branded working capital solution will offer a faster payment option for small contractors participating on government contracts at all levels.” SupplierPay is Growing Small Businesses Former U.S. congressional member (retired) and Dominion Capital Management CEO, John Lewter commented, “I am excited about this partnership with Bibby. Since our inception, the objective has always been to provide solutions to grow the financial capacity of small businesses nationally and our firm making the SupplierPay pledge supports that goal.”The SupplierPay Pledge states that the initiative, ‘…ensures our small suppliers are able to take advantage of our commitment while minimizing new administrative or operational burdens.’The SupplierPay initiative builds off the federal government’s Quick Pay initiative, a successful model that pays federal contractors faster or helps them get access to capital. To learn more about Government Contracting Made Simple, visit www.net30credit.com or call our GCMS support line at (800) 381-00073, ext. 201 About Bibby Financial Services Bibby Financial Services, a worldwide market leader in business financing solutions, supports businesses of all sizes in virtually every industry with flexible, customized funding solutions. With its asset-based lending and factoring products, the company provides clients access to the working capital needed to grow and support their businesses. Bibby Financial Services is proud to have helped more than 8,900 clients grow their businesses by providing more than $1 billion in funding across the globe.
The dividend will be paid on December 29, 2015 to shareholders of record as of December 21, 2015. ABOUT CIM COMMERCIAL TRUST CORPORATION CIM Commercial Trust Corporation is a real estate investment trust (REIT) that principally acquires, owns, and operates stabilized Class A and creative office properties located in vibrant and improving urban communities throughout the U.S. Properties are primarily located in Los Angeles, the San Francisco Bay Area, Sacramento, and Washington, D.C. CIM Group, the manager of CIM Commercial Trust, is comprised of a seasoned team of real estate investment professionals with extensive expertise in acquisitions, investments, development, finance, leasing, asset management, as well as in-house research capabilities. In addition, CIM Commercial Trust continues to deploy a portion of its capital to its real estate lending platform through its wholly owned subsidiary (d/b/a PMC Commercial Trust) that originates and services loans under the U.S. Small Business Administration 7(a) Guaranteed Loan Program as well as through other lending programs. www.cimcommercial.com FORWARD-LOOKING STATEMENTS The information set forth herein contains “forward-looking statements.” You can identify these statements by the fact that they do not relate strictly to historical or current facts or discuss the business and affairs of CIM Commercial Trust Corporation on a prospective basis. Further, statements that include words such as “may,” “will,” “project,” “might,” “expect,” “believe,” “anticipate,” “intend,” “could,” “would,” “estimate,” “continue” “pursue,” or “should” or the negative or other words or expressions of similar meaning, may identify forward-looking statements.
As opposite to losing the points, earning the points is a term used to describe a situation where, a trader gains through a difference in buy and sell prices, when he agrees to sell at one price now and to buy for less in the future. Savings deposits: Savings deposits or saving account is an account in a bank or any other financial institution which stores finances and pays interest. Ask Seri, “what do you think about” and she will say, “I think differently”! Activity Based Management – The management style that identifies and analyses individual activities, based on their costing, profitability and drivers, is known as activity based management. These loans are meant for well established companies, which were profitable before the start of the recession. Risk premium: Risk premium refers to the extra yield over the risk-free rate owing to various types of risk inherent in a particular investment. This is then used to convert that income to an estimate of present worth for the property.
Fund Family: A bouquet of funds offered by a mutual fund company where each fund corresponds to a specific objective. Generally, a builder constructs an flat complex with an intention to sell the apartments. Pricing efficiency: A characteristic of a market which states that the prices at all times fully reflect the information that is relevant to the valuation of securities. It can be a sign of a future bearish trend. However, this could also be a third or fourth mortgage, etc. Surplus management: The technique of managing the funds of a company with the aim of earning a return on the available assets and creating more assets than liabilities. Hidden inflation: A hidden inflation is a price increase where older goods or one that is of a poorer quality, is offered at the original price. There may be various other reasons, that might prompt a business to apply for a loan.
It Is The Currency Abbreviation For South Korean Won.
Asset allocation decision: The decision of how the funds of the business should be distributed among the major classes of assets in which it may be invested is known as asset allocation decision. How Do Construction Loans Work? Arbitrage pricing theory APT: Developed by Stephen Ross, the arbitrage pricing theory APT is an alternative valuation model which is based purely on arbitrage arguments. Lending institution: A public or private financial institution that offers loans to business organizations or individuals at a certain interest rate. Yet another noteworthy difference between the two is that bank indulges in various business transactions, savings as well as investment, while financial institutions mainly focus on investment and stabilization of currency. Examples are market orders or limit orders. AC analysis: A term used in materials management, AC analysis is used to define an inventory categorization technique.