Tag Archives: Merchant Cash Advance

The Emerging Opportunities In Picking Factors Of Commercial Loan

Guo Guangchang, dubbed “China’s Warren Buffett”, attended Fosun Group’s annual meeting Monday morning, pictures posted by business magazine Caijing showed. Guo had been out of contact since Thursday and two of the group’s listed arms in Shanghai said in statements last week the 48-year-old was “assisting in certain investigations” conducted by mainland authorities. The statements stressed the probes had no “material adverse impact” on the finances or operations of the parent company and that Guo was able to take part in its decision making. Caijing said Monday that Guo has “finalised” assisting in the inquiries and “returned home safely”. It was not immediately clear what the investigation was in relation to, but it comes as China targets the financial sector as part of a sweeping anti-graft campaign after a stock market rout that rocked global markets over the summer. Fosun Group is one of China’s biggest private companies that has interests in property, finance, Fosun spokeswoman Valentina Wu declined to comment when contacted by AFP Monday. Fosun Group is one of China’s biggest private companies, and has interests in property, finance, pharmaceuticals, steel and entertainment, and has been aggressively buying assets in Europe and North America, including Club Med. Police took Guo away at a Shanghai airport last week, according to Chinese media citing social media postings.


News Image The organization surveyed 6,532 male and female entrepreneurs to see which industries would benefit most from alternative financing. Alternative financing is quickly becoming one of the top ways small business owners get funding. Today, most traditional banks wont even consider giving out a business loan that is less than $200,000. This leaves many business owners, who are looking for a smaller loan, out of luck. Merchant cash advances are quickly becoming one of the top ways business owners can get lower amounts of fast capital to help expand their business or in case of a business emergency. Earlier this year, the Small Business Administration released a report that divulged the benefits of alternative financing.


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A Copyright Includes Its Publication, Distribution And Adaptation, After The Work Is Said To Enter The Public Domain.

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